Role Overview & Specifications
VP of Finance (Head of Finance) - Remote
Stakeholder
Overview:LCG Advisors is conducting an exclusive search for a privately held Consumer Packaged Goods ("CPG") food and beverage manufacturing e-commerce Direct-to-Consumer (DTC) company. The Candidate MUST live in one of these states for tax purposes NY, NH, GA, MA, FL, WV, NV, OR, TX, OH, CO, NH or WA (will be verified).
Candidate Aspirations:This opportunity is ideal for a self-motivated, confident, driven, and career-minded finance professional who can keep pace in a finance function that is in transition and will require several urgent matters to be addressed. The team needs individuals focused on career growth (vs. work-life balance) who understand the marketability and career value of being part of a team that built out a best-in-class finance function/tech stack and is willing to put forth the hard work and dedication required to achieve that mission.
The Role:The VP of Finance role is remote, will be the head of finance, and reports directly to the CEO. They will initially oversee one direct report, Accounting Manager, and oversee a team of three to four accountants. The candidate will own all aspects of finance function, including month end close, annual audit, financial planning and analysis, and will be an integral member to the strategic finance initiatives.
The initial key objectives are to help build out from scratch and maintain the following:Reporting Package – analyze monthly financial performance (actuals to budget to forecast) and offer MD&A to the executive team in PPT formatModel & Seasonality Model – Builds revenue by customer segment by month for forecasting and reporting needsBudget – Work collaboratively with department heads to design and implement a best-in-class annual budget processForecasting - periodic forecasting of revenue, costs, and headcountsStatement Model – constructs all 3 statements from the Trial BalanceAd hoc models/reports as needed (ex: build a profitability model for a new product launch)
The Ideal Candidate:The ideal candidate will be a tech-savvy finance professional with 10-15+ years of
experience. They take a logical, data-centric approach to problems and have progressive financial planning and analysis
experience in a fast-paced, medium-sized DTC food and beverage Consumer Packaged Goods ("CPG") manufacturing company. They are
experienced in building 3-statement models, reporting packages, budgets, and revenue models from scratch (vs. maintaining them). They also have
experience partnering with business and marketing leaders to define, measure, and implement D2C KPIs/unit economics.(CAC, GM, Return on Ad spend (ROAS), product and contribution margins, financial statement margins etc.)). They will help drive automation and efficiency via technology and have
experience using (Netsuite) and business intelligence ("BI") Power BI.
Experience with Xero, and Avalara are also a plus.
They Should Also Have Best-in-class
Experience in a recognized firm (e.g., public accounting or consulting) or recognized Company or
experience working with institutional investors (PE-backed companies).
The Candidate Should Possess Above-average
skills in Excel (sumifs, pivots, xlookup, index match, etc..), and be
experienced in working with large data sets and multifaceted spreadsheets.
Core
Duties/
Responsibilities:· Head of Finance - oversee the finance function· Serve the organization as a subject matter expert in Consumer Packaged Goods industry· Serve as a business partner to the leadership team of the Company by owning the financial strategy, planning and projection, including the financial model and KPIs of the business· Lead the month-end close process and first GAAP audit.· Design, implement, and maintain the Monthly Reporting Package, which will include key financial and operating metrics· Design, implement, and maintain the 3 statement model· Design, implement, and maintain the Revenue and product profitability models· Design, implement, and maintain the annual Annual Budget and hold monthly budget variance meetings with key stakeholders.· Work closely with leadership and marketing to identify, design, implement and maintain periodic (daily, weekly, monthly, etc..) KPIs.· Automate and optimize the financial reporting processes by leveraging technology.
Required
Qualifications:· Minimum of two years
experience in a DTC food and beverage Consumer Packaged Goods ("CPG") manufacturing company.· Minimum of ten-fifteen years of progressive financial planning and analysis
experience.·
Experience owning the entire financials statement preparation process (income statement and balance sheet)· Able to build complex financial models· Two years of
experience working with NetSuite· Two years of
experience working with Power BI· Two years
experience with CRMs·
Experience implementing and maintaining monthly reporting packages.·
Experience supporting the sales and marketing function by identifying and producing key KPIs (CAC) and calculating
compensation plans. Using business intelligence ("BI") tools, and disciplined data sets to achieve the former.·
Experience implementing and maintaining monthly reporting packages.· Best-in-class
experience in a recognized firm (e.g., public accounting or consulting) or Fortune recognized Company.· Possess above-average
skills in Excel (sumifs, pivots, xlookup, index match, etc..) and
experience working with large data sets and multifaceted spreadsheets.· Excellent communication, writing, and relationship-building
skills.
Optional
Qualifications:· e-commerce/SaaS
experience· Python/R or other programming language
Educational
Requirements:· Bachelor's Degree in Accounting, Finance or Equivalent· CFA, CPA or advanced degree is preferred
Benefits And
Compensation:· $200- $250k· Healthcare
benefits, Dental and Vision, 401k
About Confidential
Confidential is an actively verified employer hiring talent across technology, engineering, and operations.
- Headquarters: United States / United Kingdom
- Company Size: 1,000+ employees
- Trust Rating: 95 / 100 (Official Registry Audited)
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