LOCATION:
Los Angeles, CA
ABOUT SUPPLY FACTORY BRANDS:
Supply Factory brands is a brand management group that works across a range of brands including Sunday II Sunday (the award-winning textured hair care brand from Infinite Looks), Kukua Corp (CBD portfolio) and a range
of upcoming Skin Care brands. At Supply Factory Brands we celebrate all forms self-care and ensure that each of our brands is seeking to eliminate and correct past industry problems while building a better society.
ROLE SUMMARY:
The Director of Finance & Operations will report directly to our Founder and CEO and will partner with our functional brand leaders to drive growth for our portfolio. S/he will work closely with all levels of personnel and across numerous areas to drive end-to-end planning, forecasting, budgeting, and reporting of revenues, expenses, cash, and capital expenditure. This individual must also have experience with understanding D2C brands and product supply chains. As a team leader, Director, F&O will identify trends & opportunities, provide actionable insights & recommendations, and assist in implementations. Process reengineering, project management, global outlook but local approach, and back-office systems migration, implementation, and enhancement skills will be critical in this role.
PRIMARY RESPONSIBILITIES:
Drive company-wide financial planning and analysis through the construction of various financial models driving improvement initiatives and robust analysis in Customer to Cash Cycles (Account Receivables), Past Dues, Inventory, Unbilled, Payables, and Advances.
Lead performance initiatives and make recommendations to optimize financial performance, as well as create an environment which enables informed decisions and the ability to effectively communicate financial information across the brand and non-profit teams.
Establish and maintain strong, cross-functional business relationships with leaders and individuals across the company, and clearly understand business processes and business goals through effective and collaborative teamwork.
Establish/maintain measurements for key metrics around P&L, B/S, and Cashflow. Develop concise reporting for such metrics to drive action plans across the portfolio and the non-profit foundation.
Identify opportunities and highlight risks, as well as influence the attainment of targeted metrics via collaborative and constructive teamwork with business leaders and individual contributors.
Improve Financial operations by identifying efficiency opportunities in both processes and systems, including scoping out opportunities for reducing outbound costs with changes in product packaging, with an emphasis on moving towards sustainable practices.
Manage supplies ordering, including ensuring brands are stocked on all necessary supplies at all times, but not using unnecessary space at the warehouse.Work with the warehouse to solve inventory issues, including compliance and damage issues.
Work with vendors to arrange shipments of replacement boxes for damaged inbound and outbound product. Develop and lead the budgeting and forecasting process to ensure coordination and cooperation across the
portfolio on a monthly, quarterly and yearly basis.
Support preparation for the Board meetings including financial forecast and results. Lead partnership with each functional leader across the portfolio to drive greater business visibility into internal and external spend, investments and ROI. Provide and present monthly and quarterly analytics to drive management attention to risks, opportunities, and performance against targets assessment.
QUALIFICATIONS:
Bachelor’s degree in business, finance, accounting, economics or related is required. An MBA or other advanced degree is strongly preferred.
Minimum ten years of financial, planning and analysis experience with minimum three years of experience in a director role managing teams spanning multiple legal entities and corporate structures (C-corp, LLC, 501(c)(3), etc.)
Expertise in managing the annual budgeting and monthly forecasting process across our organizations. Ability to design and implement evolving forecasting models for revenues, expenses, cash, capital expenditure.
Knowledge and expertise around agile workflows & processesProven ability to thrive in a dynamic environment under short timelines and changing priorities.
Strong business acumen and demonstrated experience serving as a strategic business partner to executive management (encompassing profit growth, revenue enhancement and cost reduction initiatives), including facilitating and at times driving vendor relationships to control cost and consolidate vendor spend.
Prior hands-on experience and knowledge of US GAAP and/or IFRS accounting to partner with Accounting in closing ledgers timely and accurately, in reviewing and validating Balance Sheet reconciliations, in implementing a sound software development capitalization policy.
A high level of integrity and ability to enforce standards while handling sensitive matters in a timely and constructive manner.
Well poised and exhibit strong communications skills interacting with all levels of the executive & leadership teams.
M&A financial & sales operations due diligence and integration experience.
Mastery using QuickBooks and ExcelExperience with D2C and consumer brands in the health and beauty space is a huge bonus.
COMPENSATION & BENEFITS:
Unlimited vacation / PTO
Medical, dental, and vision benefits