Description

The Director of Finance is responsible for managing all financial operations and providing strategic direction
to support informed decision-making. This role involves overseeing financial reporting, internal controls,
and compliance with regulatory requirements. The Director leads a team to excel in financial operations,
fosters transparency, and mitigates financial risks. Key responsibilities include driving efficiency, promoting
financial stewardship, and educating both internal staff and clients. With a focus on integrity and
accountability, the Director of Finance plays a critical role in safeguarding the organization's assets and
contributing to its overall success.

Financial Planning and Analysis

• Develop and implement weekly, monthly, annual financial plans, budgets, forecasts, and
  financial models.
• Proactively highlight to CFO and CEO budget, forecast shortfall with detail and action plan
• Proactively analyze financial data and present financial reports weekly, monthly, quarterly in
  an accurate manner to senior management.
• Provide insights and recommendations to optimize financial performance and mitigate risks
  i.e budget shortfall, LOC usage, banking debt / equity ratio
• Monitor key financial metrics required for banking and PE reporting on performance
  indicators to track progress towards organizational goals.

Financial Reporting and Compliance:

• Drive the preparation of timely and accurate financial statements, including income
  statements, balance sheets and cash flow statement
• Ensure compliance with accounting principles, regulatory requirements, and internal controls
  and policies.
• Prepare and review financial statements, tax returns (in conjunction with CPA,) and other
  financial reports. Assures that the organization meets federal, state and local deadlines.
• Assures that the organization meets banking relationship deadlines
• Communicate to CFO and CEO status of all outstanding invoices, aging and at risk clients on a
  weekly/monthly basis.
• Escalate on a daily basis any at high risk customers to CEO
• Coordinate audits and examinations by external auditors, tax authorities, and regulatory
  agencies.
• Implement and maintain internal controls to safeguard assets and maintain data integrity.

Treasury and Cash Management:

• Manage monthly cash flow, liquidity, and working capital to support operational needs and
  strategic objectives.
• Manage treasury functions including cash management, working capital and financial risk
  management.
• Assume all accountability for accuracy of AP/AR functions and duties:
• Reconciliation: Detecting errors, frauds, and discrepancies in financial information to
  help make strategic decisions and avoid surprises during tax season
• Payment processing: Receiving payments, processing, verifying, and reconciling
  invoices to control expenses and complete payments
• Preparing and sending out invoices: Recording expenses and ensuring payments are
  made on time
• Processing incoming payments: Managing incoming payments and ensuring clients
  fulfill their payment obligations on time
• Managing outstanding accounts: Responding to inquiries from vendors and
  customers, and handling queries regarding billing
• Resolving discrepancies and issues: Investigating and resolving payment discrepancies
• Maintaining company confidentiality: Maintaining confidentiality of all information to
  which they become exposed during the assessment process
• Manage finance team members to meet all goals and RJTB standards.
• Assist in the banking relationships, and debt financing activities with CFO
• Reconciliation and report monthly banking, credit cards and line of credit.
• Completes vendor payments within the stated term period. Provides status updates to CFO
  and internal partners. 

Strategic Financial Management:

• Proactively engage and collaborate with senior management to develop financial strategies and long-term financial plans
• Assess the financial impact of business decisions and provide recommendations to drive profitability and growth.
• Provide financial due diligence for mergers, acquisitions, and strategic partnerships. as needed with senior management.

Leadership and Team Management:

• Lead and mentor a team of finance professionals, providing guidance, coaching, and
  performance feedback.
• Foster a culture of collaboration, accountability, and continuous improvement within the
  finance department.
• Build cross-functional relationships and collaborate with other departments to achieve
  organizational objectives.

Requirements

• Proven experience (8+ years) as director of finance or similar role
• In-depth knowledge of corporate finance and accounting principles, laws and best practices
• Solid knowledge of financial analysis and forecasting
• Private equity experience as employee or portfolio company
• Strong plus working in fast paced, fast growth beauty and/or fragrance companies
• Experience working with brand, contract manufacturer or packaging supplier
• Proficient in QuickBooks Manufacturing; and accounting and tax preparation software
• Expertise in Inventory Management
• Bachelor's degree preferred; equivalent experience and knowledge considered