- Salary
- $260k – $337k
- Location
- SF_0689_Saks Direct, United States of America
- Type
- Full-time
- Department
- Finance
- Seniority
- VP
- Education
- Master
- Source
- Workday
Description
Job Description:
WHO WE ARE:
Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks OFF 5TH. Powered by our talented colleagues, we are redefining luxury shopping by offering each customer a personalized experience across our store network and e-commerce platforms. Through strong partnerships with the world’s most esteemed brands, cutting-edge technology and the industry’s most comprehensive luxury customer data, Saks Global is shaping the future of retail.
YOU WILL BE:
The VP of Corporate Finance & FP&A serves as a hands-on strategic leader, directing financial planning, growth strategy, budgeting, and advanced modeling across all retail and omni-channel business units. This role is responsible for critical financial operations, specifically capital allocation, corporate expense governance, liquidity management, and debt covenant compliance. The primary objective is to maximize profitability and capital efficiency through the direct management of budgets, cash financing, liquidity, and overhead expenses.
Functioning as a key strategic partner, this leader drives enterprise value by collaborating with private equity sponsors, lenders, and investment banks to execute transactions, M&A activities, and capital restructurings. This position requires a proactive, entrepreneurial executive who optimizes internal processes, champions systems improvement, cultivates high-performing teams, and remains deeply engaged in complex financial modeling and analysis.
WHAT YOU WILL DO:
Financial Strategy & Analysis
Strategic Financial Planning: Lead the development & execution of annual budgets, rolling forecasts, & multi-year strategic plans.
Advanced Financial Modeling: Build & optimize integrated three-statement models reflecting evolving retail operations & capital structures.
Capital Allocation & ROIC: Direct consolidated capex deployment; analyze efficiency across stores, e-commerce, & logistics to maximize ROIC. Manage Investment Committee workflows & project approvals.
Transaction & M&A Support: Partner with PE sponsors, banks, & corporate development to provide financial evaluation, due diligence, & modeling for M&A, recapitalizations, & restructurings.
Financial Operations & Control
Budget Timeline: Lead end-to-end forecasting calendars, ensuring cross-functional alignment & timely deliverables.
Corporate Expense: Drive governance over overhead via rigorous expense management, cost-containment, headcount modeling, & zero-based budgeting.
Treasury & Covenant: Manage daily liquidity, credit facility strategies, & debt covenant compliance.
Team Leadership & Development
Management: Recruit, mentor, & scale a high-performing corporate finance & FP&A team.
Performance: Define annual operational goals & performance metrics for the team.
Efficiency: Cultivate a collaborative culture focused on continuous system improvement & reporting optimization.
Reporting & Compliance
Generate precise monthly, quarterly, & annual financial statements.
Ensure strict adherence to local, state, & federal tax regulations.
Coordinate all internal & external auditing activities seamlessly.
Act as the management liaison for the board & audit committees.
WHAT YOU WILL BRING:
Education & Experience
Bachelor’s degree in Finance, Accounting, Economics, or a highly quantitative discipline.
An MBA, CFA charter, or active CPA license is highly preferred.
Core Experience: Minimum of 10 to 12+ years of progressive corporate finance, private equity turnaround, investment banking, or financial consulting experience.
Industry Expertise: Leadership experience within the retail, consumer goods, or omni-channel sectors, including a deep familiarity with 4-wall store economics, GMROI, inventory turn optimization, and peak seasonal working capital cycles.
Skills & Competencies
Accounting & Compliance: Deep expertise in GAAP/IFRS principles & corporate tax legislation.
Systems & Operations: Advanced command of financial planning software & enterprise ERPs; proven record of scaling internal financial processes.
Risk & Strategy: Strong risk management capabilities; ability to communicate complex data to non-finance stakeholders.
Financial Modeling: Mastery of structural modeling, including building & auditing complex, integrated three-statement models from scratch.
Treasury & Liquidity: Experience in institutionalizing liquidity forecasting (e.g., 13-week cash models), managing credit facility draws, & tracking debt covenant compliance.
Transactions & M&A: Proven success supporting PE sponsors or investment banks with due diligence, data room management, & modeling for M&A and recapitalizations.
Governance & Leadership: Skilled in establishing corporate governance thresholds, leading investment committee processes, & delivering strategic narratives to executive leadership & the Board.
YOUR LIFE AND CAREER AT EXEMPLAR LUXURY GROUP:
Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation.
Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate.
Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental).
An amazing employee discount.
BENEFITS:
Benefits: We offer the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance).
Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact [email protected].
Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.