Head of Franchise Finance

Posted 6.20.24

Fitt Talent Partners is a specialized recruitment firm working with top health, fitness, and wellness companies. 

We’re filling this role for a client, a venture studio that brings together diverse skill sets, ready-made infrastructure, digital intelligence and capital to take companies further, faster.

Job Description

We are seeking a Head of Finance to support our SweatHouz franchises, shaping their structure, growth, management, and financial future.

Our ideal candidate has experience managing corporate and franchise level finances.

As an early team member, you must thrive in a fast-paced environment, delivering strategic thinking and detail-oriented execution.

Responsibilities

  • Develop and execute all financial planning and analysis, including budgeting, forecasting, comprehensive reporting and strategic planning, to achieve business objectives and performance.
  • Lead the preparation of monthly, quarterly, and annual financial reports, including variance analysis, trend analysis, and key performance indicators (KPIs), to monitor financial performance and identify areas for improvement.
  • Develop and maintain accounting and financial systems, manage bookkeeping and banking structure at both corporate and studio levels.
  • Develop and maintain payroll across all states at both corporate and studio levels.
  • Oversee the financial modeling and analysis of strategic initiatives and investments to evaluate ROI, assess risks, and support strategic decision-making.
  • Collaborate cross-functionally with key stakeholders to drive alignment on financial goals, initiatives, and strategies, and ensure effective communication and coordination across the organization.
  • Interface with third-party partners as needed, including tax firms and accounting firms.
  • Drive continuous process improvements in financial planning, reporting, and analysis processes to enhance efficiency, accuracy, and effectiveness.
  • Set and track key performance indicators (KPIs) to assess the performance of the company at the corporate and studio levels.

Requirements

  • 10+ years of experience in finance, with a focus on planning and analysis; experience operating within a franchise model required
  • Proven track record of leading financial and accounting functions, developing strategic plans, and driving results in a fast-paced, dynamic environment
  • Strong analytical skills with the ability to translate complex financial data into actionable insights and recommendations for senior leadership
  • Proficiency in financial modeling, forecasting techniques, and financial analysis tools; experience with ERP systems and BI tools preferred
  • Experience with generally accepted accounting principles and managing bookkeeping across several entities in multiple states
  • Strong attention to detail with ability to critically review accounting records for accuracy and completeness regularly

Preferred Qualities

  • Meticulous, detail-oriented, and hands-on
  • Strong, responsive communicator with persistent follow-through
  • Passionate about building in a high-growth environment
  • Willing to jump in as needed to support and grow the business
  • Long-term vision grounded in financial thought leadership
  • Comfortable navigating ambiguity
  • A self-starter capable of autonomously driving organizational impact
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