What are the responsibilities and job description for the VP of Finance position at NAKEDCASHMERE?
VP of Finance
360Sweater Company
Santa Monica, CA
360Sweater(Naked Cashmere)is a luxury omni-channel apparel retailer that is looking for a detail-oriented, number-crunching, VP of Finance to lead our finance team. We are looking for someone who can thrive in a dynamic, face-paced environment and wants to be part of a growing brand and help take it to the next level!This role reports directly to theCEO.
What You’ll Do:
•Oversee all sides of accounting operations, including payables, receivables, payroll, and tax preparation
•Lead the Company’s annual budgeting process and prepare ongoing P&L forecasts based on business and strategy changes
•Monitor and manage cash flow, liquidity, and working capital to support operational needs
•Prepare financial models and analysis to assess the viability of new business initiatives
•Prepare monthly, quarterly and annual financial reporting requests for the Company’s primary lender, including covenant compliance calculations
•Prepare the Company’s monthly financial reporting package which is distributed to the Board of Directors and investors•Responsible for the preparation of the Company’s inventory costing and the management of these costs in the Company’s ERP system(Full Circle)
•Provide workpapers and supporting schedules to the Company’s CPA for annual income tax return preparation
•Manage all banking and insurance relationships
•Monitor and analyze monthly operating results against budget with department heads
•In partnership with theController, develop and maintain necessary accounting policies and systems
•Supervise the Controller and finance team regarding:
- Monthly, Quarterly and Year-endFinancial closes
- Balance sheet reconciliations
- Sales tax compliance
•Maintain a working knowledge of all phases of operations, including production, logistics, warehousing and sales
•Define and implement operations strategy, structure, and processes.
•Monitor performance to proactively identify efficiency issues and propose solutions
Qualifications:
•Bachelor’s degree in Finance, Accounting or other relevant field
•10 years of relevant experience and at least 5 years of management experience. CPAa big plus!
•Experience within the apparel/E-commerce industry is preferred
•Advanced proficiency in Excel is a requirement
•Ability to maintain a high level of accuracy in preparing and entering financial information
•Customer service-oriented person who focuses on quality communication and attention to detail
•Forward-looking thinker who can articulate the need for and help to implement process improvements
•Confidentiality, diplomacy, reliability and flexibility are requirements for success in this role
Other Must Haves:
•Positive attitude
•Ability to communicate well and explain accounting to non-accountants
•Proven worth ethic and integrity
•Desire to excel and grow with 360Sweater
•100% Awesome. Like our cashmere!
Benefits Summary:
•100% paid medical insurance
•Dental, Eye, 401K Plan
•Naked Cashmere Clothing Allowance