Regional Business Manager
Company: Adams Outdoor
Location: Kalamazoo
Posted on: September 5, 2024
Job Description:
JOB SUMMARY:
Adams Outdoor Advertising (AOA), the largest private Outdoor
Advertising firm in the U.S., is seeking a Regional Business
Manager (RBM) to perform financial and operational analysis in
support of its markets. This Regional Business Manager position
will support our Peoria (IL), Champaign (IL), and Madison (WI)
markets. Each of the RBMs serves as the strategic partner to a
General Manager(s) across multiple markets.
ESSENTIAL FUNCTIONS OF POSITION INCLUDE: -
- Work closely with and support the General Manager(s) (GMs) to
drive the financial performance of each market
- Each RBM supports -2-3 of the 12 AOA markets
- Regularly review rate and occupancy data with each market,
provide guidance as to interpretation of data with emphasis on
positive and negative trends.
- Work with the GMs and other market leaders to develop and to
maintain a rolling 90-day projection
- Assist GMs / market leaders to evaluate new contracts
- Identify performing and non-performing units with
recommendations to GMs
- Work with the Chief Financial Officer, Corporate Controller and
Head of FP&A to develop and to maintain reports to measure key
operational metrics, i.e., yield management reports.
- Review staffing and expense levels with the stated goal of
maximizing efficiency and profitability.
- Generate capital expense requests and new build pro forma
calculations in advance of submission to Corporate
- Oversee the budget process for each market
- Verify market compliance with all Company policies and
procedures
- Review the payroll preview files for each of their markets to
ensure accuracy of data entry and compliance with all Company
policies related to employee compensation
- Review market income statement each month, communicate
questions/concerns with the Corporate staff, and review department
level expenses and generate variance analysis along with the
department heads. Participate in monthly income statement review
with the market and Corporate staff
- Coordinate with Corporate staff to maintain accurate,
consistent system data. Provide direction to the local market staff
regarding defined procedures and data entry
- Perform other functions as may be requested by the GM(s)
PREFERRED QUALIFICATIONS:
- Four-year degree in business administration or similar
field.
- Five years' experience in an operational management, financial
or analytical capacity
- Strong analytical and problem-solving skills as well as the
ability to interpret financial reports and data
- Advanced proficiency in Excel
- Excellent written and verbal communication skills
- Ability to travel to regional markets (25% travel)
ADAMS OUTDOOR ADVERTISING:
- AOA, founded in 1983 by Steve Adams, the largest private
Outdoor Advertising operator in the U.S.. AOA operates in the
following 12 markets: Ann Arbor/Kalamazoo/Lansing (MI),
Beaufort/Charleston/Florence (SC), Charlotte (NC), Eastern
Pennsylvania (PA), Madison (WI), Norfolk (VA), Peoria and Champaign
(IL).
- Searchlight Capital Partners, a leading global private
investment firm, in partnership with British Columbia Investment
Management Corporation, one of the largest asset managers in
Canada, invested in AOA in 2021.
The above statements are intended to describe the general nature
and level of work being performed by the people assigned to this
job. They are not intended to be an exhaustive list of all
responsibilities, duties, and skills required of the job.
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Keywords: Adams Outdoor, Kalamazoo , Regional Business Manager, Executive , Kalamazoo, Michigan
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