Director Finance Online Retail Tech Startup

Finance & Operating TeamsExecutive Teams

Nov 6

Are you ready to bring your financial expertise to a fast-paced, high-growth startup?

As the Director of Finance, you’ll be at the heart of a dynamic, rapidly expanding online retailer specializing in cutting-edge activewear. With revenues doubling yearly, we’re looking for a skilled, hands-on leader who thrives in a team-oriented environment and is ready to roll up their sleeves.

In this role, you’ll directly handle everything from preparing financial statements and conducting in-depth analysis to budgeting, forecasting, and inventory control. With just one contract bookkeeper to start, this is a highly autonomous position, perfect for a finance professional who enjoys building efficient processes and seeing the direct impact of their work. Your strategic insights will drive our growth, and your ability to streamline and implement robust financial controls will ensure we continue scaling sustainably.

If you’re a proactive and adaptable leader with a knack for turning numbers into actionable insights, this is an exciting opportunity to shape the financial future of a company on the rise. Join us and be part of a journey to bring our activewear brand to new heights!

Responsibilities:

Financial Planning and Forecasting

Create and maintain financial projections and forecasts for future periods.
Lead cash management decision-making and develop cash-flow forecasting models to inform and support business decisions.
Direct the annual budgeting process, coordinating with all departments to align budgets with the company’s strategic goals.
Formulate and contribute to a strategy that drives financial performance, growth, and sustainability.

Inventory Planning and Forecasting

Develop and implement inventory planning models that optimize stock levels, considering limited historical data.
Coordinate with operations, supply chain, and sales teams to refine demand forecasts and inventory replenishment strategies.
Analyze inventory turnover rates, lead times, and seasonal trends to support accurate forecasting in a startup environment.
Identify potential inventory risks and recommend adjustments to reduce stockouts or overstock situations.

Financial Reporting and Analysis

Prepare and present detailed, accurate, and timely financial reports tracking the business's financial health, ensuring compliance with relevant regulations and standards.
Conduct thorough analyses of financial data to identify trends, inefficiencies, and opportunities for cost reductions and revenue growth.
Preparation of monthly, quarterly, and annual financial statements with variance analysis.
Lead monthly business reviews and assist other departments with reporting.

Accounting Operations and Compliance

Oversee all financial transactions, ensuring accuracy and compliance with regulations.
Ensure timely and accurate completion of month and year-end close, including reviewing data entry and account coding, reconciliation of all accounts, and review of A/R and A/P weekly.
Review, prepare, and record journal entries with proper support and sign-off.
Maintain the fixed asset schedule and accruals.
Manage internal and external audits to ensure financial compliance and transparency.

Financial Controls and Risk Management

Improve and streamline processes and financial controls to enhance efficiency, accuracy, and compliance within accounting operations.
Identify, evaluate, and mitigate financial risks to protect the organization's assets and profitability.

Financing and Strategic Support

Assist with business financings, including preparing materials, conducting analysis, or completing other closing activities.
Document and review current accounting processes and procedures, looking for opportunities to improve efficiency and expand the team as the company grows.

Qualifications and Experience:

CPA or Equivalent Certification: CPA designation or equivalent, with a strong preference for candidates who began their careers in a Big Four accounting and audit firm or a reputable midsized or regional audit firm, gaining exposure to best-in-class business practices and professional standards.
Inventory Management Expertise: Extensive experience in inventory management within a high-turnover environment, such as retail, pharmacy, e-commerce, restaurant chains, or supermarkets, including skills in forecasting, planning, and building robust systems and processes.
Professional Experience: 3-7 years of proven experience in finance management, planning, and analysis, with hands-on experience in leading or conducting audits.
Technical Accounting Proficiency: Strong foundation in GAAP reporting, coupled with experience in SR&ED (Scientific Research and Experimental Development) within a tech environment.
Software Skills: Advanced expertise in QuickBooks Online, with a focus on leveraging its capabilities for a fast-paced business environment.
Regulatory Knowledge and Best Practices: In-depth understanding of regulatory requirements and best practices in financial management, ensuring compliance and governance.
Analytical and Problem-Solving Abilities: High proficiency in analyzing data, forecasting, and delivering actionable insights, paired with creative problem-solving skills and sound judgment to support informed decision-making.
Attention to Detail and Deadline Management: Exceptional attention to detail, with the ability to deliver high-quality work under tight deadlines as needed.