Chief Financial Officer

TOMS is in business to improve lives. When you wear or work with TOMS, you help support children’s education, health and well-being, giving kids everywhere the gift of better tomorrows.

The Chief Financial Officer (CFO) will be critical to driving TOMS’ overall growth and success by overseeing financial operations, strategic planning, and fostering a culture of financial excellence. Reporting to the CEO, the CFO will be an integral part of the senior leadership team, which sets the tone for the rest of the organization – both in working as a team and in embodying TOMS’ core values and operating principles.

About the Role:

The CFO of TOMS is responsible for ensuring the integrity of the company’s financial and budgetary controls and reporting systems, for ensuring adequate financial flexibility to execute the company’s operating and strategic plans, and for informing executive decision-making across the enterprise. They will oversee the functions of controllership, financial reporting, treasury, financial planning & analysis functions, and taxation. These functions are primarily centered in our US HQ, located in Culver City, CA and include regional finance staff in Amsterdam (EMEA region) and China (APAC region).

The Impact You'll Make:

• Work with the executive team to establish reliable financial and accounting systems and consistent policies to generate accurate, timely data, support financial analysis, and enable effective financial decision making, planning, forecasting, and reporting.
• Be a strategic partner to the CEO and executive team in deeply understanding the business, key drivers and goals. Build processes and systems to support current and growing business as well as create KPIs and dashboards for the executive team and Board to better assess and manage the business.
• Actively manage costs in the organization and propose ideas on how to streamline the business
• Lead the senior leadership team’s collaborative strategic planning and budgeting process (e.g., Annual Operating Plan and Long-Range Plan) to ensure that TOMS sets and achieves its goals and objectives. Maintain a consistent pulse on the business and instill in the executive team and company the tools and processes to do the same.
• Oversee broad financial management including operational finance, financial systems, treasury, financial planning & analysis, tax, controllership, audit, cost initiatives, finance team, and processes.
• Build profitability analysis and P&L by channel to include integrating operational KPIs – e.g., DTC KPIs, retail sell-thru, etc.
• Build profitability analysis and P&L by product (e.g.., category/class) and integrate with product, planning and merchandising functional metrics and levers (e.g., # of styles, unique material IDs, etc.)
• Design and build a financial planning and analysis function to partner across TOMS’ business functions by providing analytical support and management reporting to include support on budget planning (AOP), forecasting and long-range planning. Bring an ability to ‘see around corners’ and assess future opportunities and concerns.
• Drive continuous improvement in all financial processes, leveraging technology and staffing resources. Working with key collaborators, play a significant role in streamlining processes
• Measure and manage near and long-term liquidity and forecast cash flows (13-week and rolling 12 month)
• Oversee lender relationships and ensure continuous compliance with credit terms
• Lead the company’s global tax planning and compliance functions. Liaise with external tax advisors to estimate and prepare periodic tax and other distributions to shareholders as well as sales tax and other filings
• Help ensure that TOMS is an easy company to do business with through rational policies, efficient processes, and clear communications with vendors and customers alike
  
  

What you Bring:

• Significant operational, financial planning, and Board reporting experience, including prior CFO experience with equivalent cross-functional responsibilities within a global consumer products environment (ideally from footwear and/or fashion) with a complex global supply chain and sourced manufacturing
• Experience with raising and managing debt and equity financing
• Must be a strategic thinker who understands the business ramifications of financial decisions in a dynamic, fast-changing environment and a deep understanding of the business implications.
• Experience working successfully with operationally focused private equity investors, working capital providers, and a professional Board of Directors is essential. Ideally the CFO is experienced in providing information and metrics and anticipating the CEO and Board’s needs.
• Success building strong operating processes and financial planning with less sophisticated infrastructure and systems and an eagerness to “roll up your sleeves”, fix problems, and create better operating models, both by improving processes and moving to more sophisticated systems.
• Possess in-depth knowledge of successful finance and operations strategies and systems to assure tight controls and sound financial reporting, business planning, and forecasting.
• Strong record in cost and expense management and in improving a company’s overall profitability.
• Experience optimizing talent and workforce management with the ability to work across the organization at all levels, interacting with leaders and support staff alike
• A high level of learning agility with the ability to translate conceptual strategies into easily understood execution plans and change management.
• Strong understanding of and experience with ERP reporting systems; SAP experience strongly preferred
• Strong communication, interpersonal & management skills including staff management, development, delegation and multitasking
• The ideal candidate will have experience in and a deep understanding of footwear & apparel wholesale and dtc operations and will be proactive in identifying and communicating foreseen impacts of operational decisions and initiatives
  
  

What We Give:

• This is a Direct Hire role with a target annual salary range of $375K - $420K depending on experience, plus an annual bonus based on the company's performance
• Hybrid work environment - come into our Culver City, CA office 2-3 days a week to meet with your team (bring your pup too!)
• A $600 stipend when you join to furnish your home office how you like, plus $100 annually to refresh your supplies and gear
• Medical, dental, and vision insurance; 401K with company matching
• A generous PTO policy plus 12 paid annual holidays and one floating holiday
• 4 free pairs of shoes per year (yes, free!)
• Employee Discount on all of our products, plus discounts on partnering businesses
• Wellness Program offering resources for your mental health, physical well-being, personal finance, nutrition, etc.
• Anti-Racism educational opportunities, including company-wide days of learning
• Opportunities to volunteer with Giving Partners and Community Organizations
  
  

Don't meet every single requirement? We still encourage you to apply! Studies show that women, non-binary applicants, and people of color are less likely to apply for jobs unless they meet every single qualification. However, at TOMS, our diverse backgrounds, perspectives, identities, and talents help us thrive.

TOMS is a proud B Corporation and a member of the Fair Labor Association. We're committed to transparent and equitable compensation, benefits, and opportunities.

EEO Statement: TOMS is an equal opportunity employer, committed to intentional anti-racism in all areas of our organization and will consider qualified applicants with criminal histories in accordance with the L.A. Fair Chance Initiative Ordinance.

Compensation Range: $375K - $420K