Senior Manager Financial Operations
The Cheesecake Factory · Calabasas · $150,000–$160,000 (stated in the posting)
Compensation Range
$150,000-$160,000 / Year
Position Overview:
At The Cheesecake Factory Bakery, We Don't Do Ordinary! Nothing is scaled down. Not the pride, not the fun, and definitely not the teamwork. Here, you'll lead great people, drive meaningful impact, and help shape the future of our business while supporting the bakery and restaurant teams behind the iconic cheesecakes our guests enjoy every day. That's the kind of culture that has earned us a place on Fortune's 100 Best Companies to Work For® list every year since 2014.
The Sr. Manager Financial Operations role is critical in overseeing the financial aspects of production operations, including cost analysis, financial reporting, budgeting/forecasting, inventory management, asset management, and collaborating with other departments to optimize production efficiency and profitability, all while aligning with the company's strategic goals.
You’ll thrive in this position if you are:
- A Natural People Leader: you are adept at providing others with a clear direction, helping them see though the weeds. You naturally recruit, motivate, develop, and empower others while setting the gold standard yourself.
- An Adept Critical Thinker: you effortlessly and objectively use your analytical skills to evaluate facts to form a sound judgment.
- An Effective Communicator: whether it’s verbal or written, you present information in a clear and professional manner. You understand your audience and can easily shift your presentation style so it is understandable to all.
- A Gifted Problem Solver: you have an astounding ability to think outside the box, using the resources at hand to effortlessly get to the bottom of an issue: big or small.
Here’s more of what you’ll get to do:
- Oversee the financial operations, including budgeting, accounting, and financial reporting for the plant, as well as monitoring and analyzing financial performance.
- Manage the cost accounting function, ensuring accurate product costing, variance analysis, and margin analysis.
- Manage the accounts payable function to ensure compliance with internal controls and accounting policies. Ensure timely payments of vendor invoices and expense vouchers and maintain accurate financial records and control reports.
- Manage month-end and quarter-end closing processes, including the review of cost-related journal entries, reconciliation of general ledger accounts and preparation of financial statements.
- Develop and maintain standard costing models for raw materials, labor, and overhead.
- Analyze production costs and recommend cost-saving measures to improve profitability.
- Coordinate with the production and operations teams to support continuous improvement initiatives and efficiency projects.
- Prepare and present monthly cost reports to senior management, highlighting key variances and trends with commentary and action plans.
- Prepare and present daily KPI metrics and trends and present performance analysis of labor and material usage variances.
- Lead the annual budgeting and quarterly forecasting processes for manufacturing costs.
- Manage inventory valuation processes, including cycle counts, physical inventory, and reconciliation.
- Mentor and develop a team of three individuals, fostering a culture of accuracy and continuous improvement.
- Ensure compliance with GAAP and company policies in all cost accounting practices.
- Collaborate with the corporate accounting team on financial close processes and external audits.
What we require:
- Bachelor’s degree in accounting, finance, or a related field. CPA or CMA certification preferred.
- Minimum of 7 years of financial operations and cost accounting experience in a manufacturing environment, preferably in the food industry.
- Minimum of 4 years of managerial experience.
- Strong understanding of cost accounting principles, standard costing, and variance analysis.
- Proficient in ERP systems and advanced Excel skills.
- Excellent analytical and problem-solving abilities with a keen attention to detail.
- Strong communication and presentation skills, with the ability to explain complex financial information to non-financial stakeholders.
- Proven leadership experience, with the ability to manage and develop a team.
- High level of integrity and professionalism, with a commitment to ethical standards and compliance.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.
What we prefer:
- Food manufacturing industry experience
What we offer:
- Eligible for annual bonus
- Vacation and sick time
- Medical, Dental & Vision
- 401K with company match
- 25%-35% discount when dining as a guest
- Discounted cheesecake purchase program
- Annual stipend for dining in our restaurants
About the Company:
The Cheesecake Factory Bakery creates over 35,000 delicious cheesecakes per day across our two facilities in Calabasas, CA and Rocky Mount, NC plus other baked products for our restaurants, international licensees, and third-party bakery customers.
The Cheesecake Factory Bakery is a subsidiary of The Cheesecake Factory Incorporated. Recognized as a Fortune 100 Best Companies to Work For® since 2014, The Cheesecake Factory Incorporated is a global $3.8 billion public company with more than 370 casual dining restaurants and over 48,000 staff members.
We are an equal opportunity employer. We are committed to creating an inclusive and welcoming workplace for all. We welcome applicants from a wide variety of identities, ideas, perspectives, backgrounds and experiences to apply. The Cheesecake Factory offers reasonable accommodation to job applicants with disabilities.
#SoCheesecake #LifeAtCheesecake
To notify of a non-compliant job posting, please send a notice to ats@thecheesecakefactory.com.
- Bachelor’s degree in accounting, finance, or a related field. CPA or CMA certification preferred.
- Minimum of 7 years of financial operations and cost accounting experience in a manufacturing environment, preferably in the food industry.
- Minimum of 4 years of managerial experience.
- Strong understanding of cost accounting principles, standard costing, and variance analysis.
- Proficient in ERP systems and advanced Excel skills.
- Excellent analytical and problem-solving abilities with a keen attention to detail.
- Strong communication and presentation skills, with the ability to explain complex financial information to non-financial stakeholders.
- Proven leadership experience, with the ability to manage and develop a team.
- High level of integrity and professionalism, with a commitment to ethical standards and compliance.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.
What we prefer:
- Food manufacturing industry experience
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