Director of Finance - Collaborative Environment

GENERAL SUMMARY:

The Director of Finance will play a critical role within the Velvet Taco Tribe. Partnering with the CFO, COO, and Controller, this position will guide the creation and execution of robust analytic strategies fostering an environment of data driven decision-making, maintaining great relationships with our restaurant teams, and building a strong financial future for the brand.

Recently certified by QSR magazine as one of the “Best Brands to Work For”, this person must have a “people first” approach to working with their Teams to maintain a culture that is inclusive, developmental, & Kick Ass!

Learn more about us at https://www.velvettaco.com/about-us/

BENEFITS:

• Competitive salary and performance bonus plan
• Medical, Dental and Vision Benefits after 30 days
• Time-off benefits
• 401(K)
• Leadership and career development opportunities & programs
• Casual work attire
• Free TACOS!
• Oh, and if you're inclined to get a Velvet Taco tattoo, our CEO will pay for it

PRINCIPAL DUTIES:

·       Financial Analysis: Analyze financial data, including sales, expenses, and profitability metrics, to identify trends, success stories, and opportunities. Prepare regular reports and

dashboards and flash reports, highlighting key performance indicators and actionable insights that will inform and guide our Tribe.

·       Performance Metrics: Define and monitor key performance indicators (KPIs) related to financial performance, operational efficiency, and revenue generation. Identify opportunities for

improvement and help develop strategies to enhance performance.

·       Menu Optimization: Work closely with the Culinary Team to analyze menu performance, identify top-selling items, and develop pricing strategies that drive revenue.

·       Inventory Control: Work closely with the Purchasing Team to analyze input prices and recipe costs. Provide actual vs theoretical analysis and insights to operations teams.

·       Cost Management: Conduct detailed cost analysis to optimize controllable expenses, improve operational efficiency, and maximize profitability.

·       Labor Planning: Partner with operations leaders to forecast sales and suggest labor hours to ensure workforce plans remain in line with productivity standards and budget targets.

·       Labor Analytics: Partner with operations leaders to report on sales and labor performance vs plan. Partner with People & Culture to develop KPI’s related to the Tribe such as

turnover, tenure, etc.

·       Marketing Impact: Work closely with Marketing Team to analyze performance and return on investment of marketing initiatives such as customer loyalty, menu promotions, and

advertising.

·       Data Management: Maintain and enhance financial databases and systems, ensuring data accuracy, integrity, and security. Implement data visualization tools to facilitate data

analysis and reporting.

·       Budgeting/Forecasting:  Lead and facilitate the operations annual budget and quarterly forecast processes.

QUALIFICATIONS:

• BE RELENTLESS, NEVER SETTLE: Bachelor’s degree in finance, accounting, economics, or related field to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
• BE A REBEL: Passion for food and hospitality industry trends. Advanced proficiency in Excel and financial modeling. Strong analytical and problem-solving skills, with the ability to translate complex data into actionable insights.
• KICK ASS & TAKE NAMES: Minimum 5-7 years experience in a similar role. Experience with data querying languages like SQL for extracting and manipulating data from databases.
• STAND TOGETHER: Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders.

ADDITONAL REQUIREMENTS:

·      Aligns with Velvet Taco’s culture.     

·   Proven experience in financial data analysis, preferably within the restaurant industry.

·      Accounting experience, understanding of financial reports and debits/credits.

·      Power Query, Power BI.

·      Knowledge of data visualization tools such as Tableau, Power BI, Data Rails, Vena, etc.

·      Preferred experience with Toast POS, Crunch Time, Paycom, Sage Intacct, Olo, Thanx, Concur, or similar tools.

At Velvet Taco, we celebrate individuality! We are an equal opportunity employer and try to select and retain the best Team Members and Managers based on their job-related

qualifications regardless of race, color, creed, sex, religion, national origin, age, sexual orientation, gender identity or medical condition.

Velvet Taco is a temple to the liberated taco. We’re a one-of-a-kind taco concept serving a chef-driven menu in a unique & funky fast-casual setting. Founded on the idea that tacos don’t have to be associated with Tex-Mex cuisine and can be made with the same care and quality ingredients as fine dining, Velvet Taco is where “anything goes meets the art of the possible.” Some cool things about us: we use only the freshest ingredients available to offer a menu that explores the edge of multi-cultural boundaries, taking the taco to a whole new liberated level. We slow roast our own chicken and corn, use lots of booze in our margaritas, and make everything from scratch. Which means our food tastes really awesome. Our tacos may not change the world, but we think they’re pretty freakin’ great. The best part? Our kick ass Tribe is at the center of it all and we were even voted one of the Top 25 Best Brand’s To Work For in 2023 by QSR! Learn more about us at https://www.velvettaco.com/about-us/