Finance Director

The Director of Accounting & Distribution is a pivotal leadership role overseeing all operational accounting, finance, and inventory management functions within the organization. Reporting directly to the CEO, this position is responsible for ensuring the company's financial health and implementing best practices across departments. The ideal candidate will bring a strong background in accounting, finance, and inventory management, with a proven track record of driving operational excellence and financial integrity.

Key Responsibilities:

Accounting & Finance

1. Subledger Management: Oversee timely and accurate subledger close processes for all entities, ensuring adherence to GAAP with complete financial recording and reconciliations, including balance sheet reconciliations and necessary adjustments.
2. Financial Reporting: Lead the development, distribution, and analysis of operational financial statements and reports across the organization.
3. Payroll Oversight: Ensure accurate and timely payroll processing, including compensation, tax withholdings, and benefits administration.
4. AR/AP Supervision: Manage Billing/Accounts Receivable and Accounts Payable teams and processes, ensuring efficiency and accuracy.
5. Treasury & Cash Forecasting: Oversee weekly cash forecasting and treasury management to optimize cash flow.
6. Budgeting & Forecasting: Direct the annual budgeting and quarterly forecasting processes, providing insights to align with financial objectives.
7. Risk Management Support: Assist with insurance-related data and annual renewal processes to mitigate risks.
8. Tax Compliance: Coordinate with external tax firms to ensure accurate and timely completion of yearly tax returns.
9. Audit Preparation: Provide comprehensive documentation and support to external auditors.
10. Credit Card Management: Track and manage employee spending on company-issued credit cards.

Inventory Management

1. Inventory Policies: Establish and maintain inventory accounting policies and procedures to ensure compliance with financial regulations.
2. Inventory Accuracy: Monitor and maintain accurate financial records of inventory levels, ensuring proper valuation in financial statements.
3. Process Improvement: Design processes and reports to improve inventory accuracy and reduce costs.
4. Financial Analysis: Analyze inventory-related data to identify trends, cost-saving opportunities, and potential risks.
5. Inventory Forecasting: Lead budgeting and forecasting for inventory investments, setting cost and unit targets aligned with financial goals.
6. Inventory Optimization: Collaborate with cross-functional teams to improve inventory turnover, reduce obsolescence, and support financial objectives.
7. Procure-to-Pay Process: Oversee procurement, vendor management, purchase order, and payment processing.
8. Logistics Oversight: Manage domestic and international freight movements and warehousing operations.
9. Inventory Audits: Schedule and oversee physical inventory counts across company and third-party locations.
10. 3PL Supervision: Conduct routine site visits to 3PL locations to ensure accurate inventory handling and storage capacity.

Requirements

Required Skills and Competencies:

• Education: Bachelor’s degree in Finance, Accounting, or a related field. MBA, CPA, and/or Lean Six Sigma certifications are highly preferred.
• Cross-Functional Expertise: Strong accounting and finance background with experience in back-office processes.
• Inventory Management Knowledge: Understanding of wholesale and retail inventory processes, including planning, demand forecasting, replenishment, and pricing.
• Risk Management Acumen: Proficient in risk identification, assessment, and mitigation practices.
• Analytical & Problem-Solving Skills: Ability to interpret complex data strategically and provide actionable insights.
• Communication Skills: Excellent interpersonal skills with experience presenting to senior management, board members, and external partners.
• Leadership & Team Development: Commitment to building, mentoring, and retaining a diverse team, with strong delegation and management abilities.
• Adaptability in Startup Environments: Ability to function effectively in startup or resource-limited settings.
• Project Management: Strong process and project management skills, with an exceptional attention to detail and an ability to balance multiple priorities effectively.
• Product & Service Knowledge: Maintain a comprehensive understanding of all company products and services.

Salary: $2000-$2500 per month