Finance Lead – Mexico

Since 1906, New Balance has empowered people through sport and craftsmanship to create positive change in communities around the world. We innovate fearlessly, guided by our core values and driven by the belief that conventions were meant to be challenged. We foster a culture in which every associate feels welcomed and respected, where leaders and creatives are inspired to shape the world of tomorrow by taking bold action today.

JOB MISSION:

We are seeking an experienced and strategic Finance Lead to manage our Mexico business. The successful candidate will oversee financial planning, analysis, and reporting, ensuring the financial health and sustainability of the company. This individual will also be responsible for applying the appropriate corporate global guidance within the local finance function while prioritizing cash conversion strategy, inventory management and treasury oversight.

MAJOR ACCOUNTABILITIES:

Planning/Reporting:

• Lead the financial planning and analysis (FP&A) function, including budgeting, forecasting, and variance analysis.
• Oversee month-end and year-end closing processes.
• Conduct financial modeling and scenario analysis to inform business strategies.
• Prepare and present financial reports, including income statements, balance sheets, and cash flow statements.

Financial Risk Reduction:

• Ensure compliance with financial regulations and company policies.
• Liaise with external auditors, tax advisors, and regulatory authorities.
• Proactively monitor and manage cash flow, working capital, treasury and financial risks.
• Monitor and analyze key performance indicators (KPIs) financial, and inventory metrics/ targets.

Business Partnering:

• Collaborate with cross-functional teams to support strategic initiatives and decision-making.
• Develop and implement financial strategies to support business objectives and growth.

REQUIREMENTS FOR SUCCESS:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or CPA preferred.
• 5-7 years of experience in finance management or a related role.
• Strong leadership and team management skills.
• Proficiency in financial modeling, forecasting, and analysis.
• Excellent knowledge of financial software and Microsoft Excel.
• Strong analytical and problem-solving abilities.
• Excellent communication and presentation skills.
• Knowledge of financial regulations and compliance standards in Mexico.
• Fluency in Spanish and English.
• Ability to do some travel to the US.

Flexible Work Schedule

For decades we have fostered a unique culture founded on our values with a particular focus on in-person teamwork and collaboration. Our hybrid model encourages rich in-person experiences, showcasing our commitment to teamwork and connection, while providing high levels of flexibility to associates. North American office-based associates are expected to come into the office on Wednesdays, with other occasional in-office days for in-person meetings and events as needed. Our offices are fully open and amenities are available across our North American office locations.

Equal Opportunity Employer

New Balance provides equal opportunities for all current and prospective associates and takes affirmative action to ensure that employment, training, compensation, transfer, promotion and other terms, conditions and privileges of employment are provided without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, handicap, genetic information and/or status as an Armed Forces service medal veteran, recently separated veteran, qualified disabled veteran or other protected veteran.