SCI Shared Resources LLC Corporate - Strategic Finance Manager in Houston, Texas
Overview & Responsibilities
The Strategic Finance department exists to provide analytical support for cash management activities within Treasury and to senior management for external and Board-related topics, as well as serving in an advisory role in the internal strategy creation process. The Strategic Finance Manager drives and serves as the process manager for the Trust Fund Income and Capital Structure processes. The role is a crucial part of this department, taking on the core analytical work on assigned topics and serving as a liaison to other departments from which this group needs assistance.
Management of Trust Fund Income and Capital Structure processes
Lead and Manage the company’s monthly recurring trust fund income reporting processes, including development of recommended forecast amounts to market returns, reporting on contract accruals by duration, and monthly variances – trust fund income comprises roughly 20% of our company-wide EBITDA on an annual basis;
Lead internal discussions on the company’s capital and debt structure, including quarterly calculations and recommendations on financing alternatives such as the timing and sizing of debt issuance;
Manage the process of calculations for the Weighted Average Cost of Capital (WACC) the company uses as a hurdle benchmark for acquisitions and investment returns.
Develop recommendations and analytical support for various strategic questions raised by external or senior internal stakeholders, including highly sensitive topics on behalf of individual Officers or Board Members;
Create modeling to extend or augment existing business processes with a strategic impact to the company (e.g., forecasting);
Conduct research into department budget variances for the development of explanations and go-forward change recommendations.
Board of Director Materials/Department Vendor Relations
Create Board of Directors Meeting Materials that CFO and/or Treasurer present including capital deployment presentations, debt refinancing recommendations, etc. This process responsibility includes not only maintaining and updating parameters but also proposing new initiatives such as inclusions of leverage related section, etc.
Maintain and extend the department’s knowledge about and relationships with strategic vendors, including trust administration and investment management vendors;
Provide analytical support for high-level negotiations with the company’s strategic vendors and external relationships.
Cash Flow Analytics
- Support and help enhance daily and monthly cash flow analytics function through interacting with key individuals in other departments.
CORE / CRITICAL COMPETENCIES
Demonstrates a Commitment to Services Excellence, Trustworthiness and Integrity
Shows consistency among principles, values, ethical standards and personal behavior
Is trusted by subordinates and peers to keep one’s word and follow through on commitments
Encourages and generates new ways to look at processes and problems
Identifies cost savings and revenue opportunities
Generates and champions new ideas and initiatives
Balances time, resources and quality requirements to achieve business goals
Sets high standards of performance for self and others
Drives the achievement of agreed-upon results
Actively supports change initiatives
Coaches staff to adapt to multiple demands, shifting priorities, and rapid change
Conveys information clearly and concisely in written and spoken communication
Listens effectively and provides frequent feedback
Creates environment in which team members share information openly and honestly
Makes effective and motivating presentations
Collaborate with Others
Utilizes optimal level of collaboration with team members to achieve business goals
Shares credit with others for their contributions
Celebrates team successes
Build Productive Relationships (Internal / External)
Relates well to people with diverse backgrounds and perspectives
Maintains composure and constructive relationships even under difficult circumstances
Requirements & Qualifications
- MBA or other advanced degree required
- CFA or other Finance-oriented designation with exposure to corporate finance principles is a plus
Seven (7) years of advanced corporate finance or financial structuring experience
Experience with trust administration and/or investment management concepts and application preferred
Demonstrated complex modeling experience in an Excel environment (build, maintain, and operate)
Knowledge, Skills & Abilities:
Advanced Excel skills
Limited amount of local and/or multiple location traveling required
Professional Dress is required with the exception of company approved dress-down days. (Jean Day Fridays. etc)
- Sitting continuously for many hours per day, up to 6 hours per day
- Physical effort requiring manual dexterity is required, includes paperwork, calculators, computers and phone usage
When considering the work hours associated with this job, the following factors may apply:
- Working beyond “standard” hours as the need arises
Who we are. What we do.
We’re more than North America’s largest provider of funeral, cremation and cemetery services. We are mothers, fathers, sisters, brothers, sons and daughters who are devoted to the communities where we live and work. We are more than 20,000 dedicated individuals who provide caring assistance to families in need, honor veterans and public servants and deliver lifesaving programs to help keep children and seniors safe.
We operate under the umbrella of the Dignity Memorial network of 1,800 funeral homes and cemeteries. Dignity Memorial providers care for more than 300,000 families each year and understand the importance of thoughtful, personalized arrangements. We believe creating meaningful ways to pay tribute to a loved one begins with compassion and is shaped by the understanding that each life is truly unique. For us, there is no greater responsibility than honoring and preserving the story of one’s life.
Health benefits (medical, dental, vision, life)
401K Retirement Savings Plan with company match
Vacation and sick time
Funeral discounts, and more
SCI offers advanced on-line training resources, career advancement opportunities in the largest organization in the industry, attractive benefits, and a wonderful community to serve with plenty of culture and personality. For additional information regarding our company, please visit our corporate site at www.sci-corp.com .
As used herein, “SCI” refers to Service Corporation International and its affiliated companies.
Equal Opportunity Employer, M/F/D/V
Job Locations US-TX-Houston
Associate Requisition ID Req.79953
# of Openings 1
Category (Portal Searching) Finance and Accounting