What are the responsibilities and job description for the Director of Finance position at IGL Brands?
We are looking for a skilled Director of Finance to join our team and help manage our wholesale partnerships.
This role helps to manage the functions of Accounts Payable, Accounts Receivable, and General Finance. Working directly with our CFO, you’ll make sure that we have timely and accurate financial data to guide both day-to-day and long-term operations. In addition, you’ll design and implement systems, processes, and controls ensure that all spend remains within budget and in line with company financial targets.
ROLES AND RESPONSIBILITIES :
- Coordinate the flow of orders, shipping status, payment collection, account reconciliations and management reporting pertaining to the wholesale business, retail and ecommerce divisions.
- Manage the accounting function and assist with finance operations including financial reporting, tax, AP / AR, and cash management.
- Ensure timely and accurate month-end closes, with the ultimate goal of implementing continuous close protocols to provide real-time financial data.
- Perform monthly account analysis and reconciliations of each Balance Sheet account
- Review and approve month-end journal entries relating to payroll, commission, inventory, prepaid, accruals, reserves, and deferred.
- Maintain near-term weekly cash flow forecasts.
- Create, maintain, and enhance business policies, accounting policies, and financial controls.
- Liaise as needed with Planning & Supply Chain team to ensure accurate inventory & COGS accounting.
- Partner with other functional teams, including Marketing and Merchandising teams, to develop policies and procedures to ensure timely and accurate accounting in connection with novel company projects and initiatives.
- Proactively identify areas to reduce costs, increase income, and improve operations.
QUALIFICATIONS :
Notes :
This position will require a hybrid in office role at our spacious offices and warehouse in Plainview, Long Island NY. Please only apply if you are able to commute to our office.
About Us :
We are a dynamic and truly creative and industry leading company. We have a proud history as a wholesaler and distributer offering major brands in the fashion and luxury categories for over 40 years. We have a successful and rapidly growing business working with many ecommerce sales channels, traditional retailers, and brand partnerships.