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Senior Director of Finance
Location:
US-IL-Chicago
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WOW BAO is hiring a SENIOR DIRECTOR OF FINANCE for our team in Chicago!

  • 7-10 years in financial and accounting roles; experience at a startup is a plus.
  • Experience in restaurant technology sector and/or consumer packaged goods is preferred.
  • This role is on-site five days a week in our River North office.

Innovative. Fast Pace. Growth.

Wow Bao has once again been recognized as a 2023 Fast Casual Top 100 Movers & Shakers! Ranked no. 1 in 2019 and 2022, we are the only brand to have taken home the honor more than once. This year we were privileged to be ranked no. 4, and the leading Asian fast-casual concept. At Wow Bao, we believe that every day deserves a big, bold serving of WOW. So weve made it our mission to shake up the sea of sameness and bring a fresh, exciting new spin to the fast-casual experience.
Join the fastest growing Asian virtual kitchen concept in the US. Our virtual kitchen concept has launched 650+ locations and growing!
Wow Bao is an innovative Asian fast casual restaurant that fuses superior hospitality and industry leading technology to deliver signature flavors at the speed of life. Our menu features rice bowls, pan-seared potstickers, dumplings, soups, and our iconic Bao steamed hot Asian buns with a variety of savory and sweet fillings.

We foster a culture of caring.

Whether its our guests or our employees, we put people first. We strive to inspire, to motivate, and to appreciate one another every day. We live by the golden rule and treat everyone with kindness, empathy, respect, and a healthy dose of humor. We take our work, not ourselves, seriously.

Position Summary:
The Senior Director of Finance will play a crucial role in overseeing financial planning, reporting & analysis, budgeting, cash flow management and forecasting, tax planning, and audits. Additionally, they will assist in expanding our supply chain operations as we scale out our retail/grocery business with a strategic emphasis on long-term development that aligns with Wow Bao's goals and objectives.

This role will be highly visible in the organization and will be a key influencer in helping the company achieve its long-term goals. This is achieved through a thorough analysis of financial and operational data to support forecasting, budget planning, and adherence, building strong connections with Wow Bao's internal and external stakeholders, and developing a forward-looking, strategic vision.

What we look for:

  • Solution oriented: Where some see problems, you think through solutions & translate high-level goals into actionable plans
  • Self-starter: a bias towards action and are able to thrive in a fast-paced, constantly changing work environment
  • Forward thinking: you see around corners & are always thinking of ideas on how to help improve processes
  • Ownership mentality: you roll up your sleeves and do whatever it takes to make things successful

Equal Opportunity Employer

Requirements

ESSENTIAL FUNCTIONS:(Other duties may be assigned as needed):

  • Assess and evaluate financial performance in the context of long-term operational goals, budgets, and forecasts.
  • Build, maintain, and update financial analyses and tools to continuously monitor performance and health of all business channels
  • Manage cash and working capital through proper planning and forecasting.
  • Build financial forecasting models to evaluate impacts of strategic and operational initiatives including new product launches, supply chain improvements, etc.
  • Work closely with Wow Baos CEO and Board of Directors on key business decisions and building long-term strategic plans, annual capital/operating plans, budgets, as well as tactical initiatives
  • Prepare weekly operational reports for Management team summarizing the performance of the various business channels.
  • Manage external consultants working on data analysis and reporting.
  • Prepare monthly financial reporting to investors and Board of Directors.
  • Oversee tax planning and audit. Work with external auditors to deliver annual audits.
  • Work with various company departments, including our Marketing team, to help manage and monitor spend, return on invested capital (ROIC), and other key operational metrics.
  • Perform ad-hoc analysis to help drive decision-making on strategic and/or tactical initiatives.
  • Monitor and help manage pricing of Wow Baos products through its various revenue channels.
  • Lead the creation and execution of bonus compensation plans while working closely with CEO.
  • Participate in pivotal decisions as they relate to strategic initiatives, operational models, and manufacturing capacity expansion.
  • Maintain outstanding banking relationships and other strategic relationships with vendors and business partners.
  • Work as a liaison between Wow Bao and the companys product manufacturers and distributors.
  • Find, recommend, and collaborate with other team members to execute margin improvement initiatives.
  • Lead cross-functional strategic plan and annual budget process.
  • Create Investor Relation / Board Level presentation decks.
  • Handle insurance renewals (non-health).
  • Provide mentorship, development, and training to the members of the Finance team.
  • Be available to assist and work during Wow Bao offsite events as needed.
  • Assist with responsibilities and duties in other departments and as assigned by management.
  • Perform calmly and effectively in an extremely busy and fast-paced work environment.
  • Other tasks and projects assigned on an as needed basis.

Required Experience/Skills:

  • 7-10 years in financial and accounting roles; experience at a startup is a plus.
  • Bachelors degree in Finance, Accounting, or related field required; MBA, CPA, or advanced degree is preferred
  • Ability to execute with excellence and experience with all responsibilities listed above.
  • Sense of urgency and focus on results.
  • Proficient with Microsoft Excel.
  • Excellent verbal and written communication skills.
  • Excellent organizational skills and attention to detail.
  • Proficient with Microsoft Office Suite.
  • Maintain complete knowledge of and comply with all policies, procedures and standards as outlined in the Employee Handbook and Handbook Supplements.
  • Partake in a professional and positive work environment.
  • Experience with the following platforms preferred: Restaurant365 (R365), Tableau, and Salesforce

Physical Demands:

  • Prolonged periods sitting at a desk and working on a computer

Benefits

  • Health Insurance (medical, dental, vision)
  • 401(k) Retirement Plan
  • Voluntary Life Insurance, Short-Term Disability, Long-Term Disability
  • Paid Time Off
  • Paid Sick Leave
  • Employee Restaurant Discounts and Employee Meals
  • Pre-Tax Commuter Benefits
  • Employee Discount Programs
  • Training, Development and Advancement Opportunities
  • Employee Assistance Program
  • We foster a culture of CARE
  • Growth & transfer opportunities; we love it when people grow at Wow Bao!

Benefits eligibility varies based on things like position, hours worked, and length of service, and all benefits are subject to change, some of the benefits you might expect are listed above.

Wow Bao

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