Director of Finance

4 weeks ago

New York, United States Snif Full time
About Us

Snif is setting the new standard in fine fragrance. The search for high-quality scented products should be simple, accessible, and fun. We bring our customers what they want to smell and develop new, unexpected ways for them to incorporate fine fragrance into their daily routines.

Every scent we develop is designed to be an immersive experience. From the name, packaging design, and creative campaigns to someone's first spray, we want them to see and smell the quality behind every release. Our formulas are always made with top-shelf ingredients and are genderless, non-toxic, vegan, and cruelty-free.

Snif products are sold on our DTC site www.snif.co and can also be found at Ulta Beauty and Urban Outfitters. We've been featured across notable press outlets including, Forbes, Fast Co., WWD, Vogue, Allure, Cosmopolitan, NY Mag, Harper's Bazaar, and more. Additionally, we're backed by some of the most revered investors in the consumer goods space.

We're a lean team that's expanding quickly, and we're looking for someone who believes in our vision to shift the way people experience scents.

The Role:

As Snif continues to scale, financial rigor and analysis will be key to our success and overall health. As the Director of Finance, you will be responsible for high-level efforts like demand and financial planning, accounting, KPI metrics and reporting, investor relations, and supporting our Board of Directors. Additionally, you will own the day-to-day financial operations, such as budgeting, inventory tracking, budget management, accounting, insurance, and more.

To be super clear, you need to be able to operate in both an Excel model and also have the presence and insights to sit in the Board room.

This individual is highly analytical, detail-oriented, communicative, and motivated to make the business as efficient as possible. They hold the unique ability to balance strategic vision with sound financial leadership to ensure sustainable and impactful growth.

This role will report directly to the CEOs / Co-Founders. They will also work cross-functionally across all departments to inform on crucial financial decisions.

While we are based in New York City, we operate as a fully remote team.

What You'll Do:
    • Demand Planning
    • Lead the forecasting process for our DTC and wholesale business on individual SKU and product category levels
    • Partner with our Operations team to execute on demand plan and approve POs
    • Proactively identify opportunities to improve on cost and efficiency without sacrificing on our Snif quality standards
    • Financial Planning and Analysis
    • Create and oversee our annual operating budget
    • Own P&L including gross-to-net revenue and margin profiles
    • Long term cash flow forecasting on a quarter by quarter basis
    • Short term cash flow forecasting on a weekly basis
    • Controllership and Accounting
    • Manage and partner with our accounting team and function to perform monthly, quarterly, and annual closing
    • Maintaining profit and loss, balance sheet and cash flow statements on a monthly basis
    • Inventory Management and Working Capital Management
    • Track/calculate monthly cost of goods sold, scrap costs and other inventory specific costs
    • Track/calculate inventory on hand balances and identify slow moving SKUs
    • Bi-weekly projection of working capital usage and potential adjustments needed to credit facility
    • Weekly purchase order forecasting and invoice tracking
    • KPI and Metrics
    • Own and lead our bi-weekly Metrics company-wide meetings
    • Report on overall DTC and Wholesale revenue (actuals vs plan)
    • Financing/Debt oversight
    • Review credit terms on a quarterly basis to ensure leverage and terms meet the needs of company
    • Investor Relations and Board of Directors
    • Networking and securing new investor relationships
    • Support future investment rounds, negotiations, and due diligence
    • Lead quarterly BOD meetings and facilitate material creation
    • Compile financial statements - P&L, Budget vs Actuals, etc.
    • Insurance
    • Management of existing insurance policies on an annual basis, including the review of annual premiums and covered events
    • Management of the company's employee benefits and annual renewals
What You'll Bring:
    • 5-7 years of experience in finance, management consulting, or investment banking; experience with consumer or retail a plus; beauty and personal care industries are a major plus
    • You are analytical, and have the ability to translate data into simple, real-world outcomes and goals
    • Off-the-charts EQ
    • Exceptional management and organizational skills
    • Unmatched drive and attention to detail with the ability to interpret performance data, identify opportunities for growth, and achieve high-level goals
    • Excellent verbal, written, and interpersonal skills that support developing and maintaining real, trusting relationships
    • Eagerness to roll-up your sleeves with a "figure it out" mentality
    • You possess strength and rigor in navigating ambiguity. You're a self-starter and a team player
    • You are curious and innovative; You're constantly seeking ways to make a process the best it can be
    • You want (perhaps even need) the excitement, grind, and freedom that comes with an early stage and fast growing startup
    • Experience with accounting, invoice, and payroll software/platforms, specifically Quickbooks
    • Advanced proficiency in Excel, Powerpoint, Google Suite
Bonus Points:
    • Large beauty retailer wholesale experience
    • Knowledge/ passion for scented products, including, but not limited to fragrance, candles, and laundry categories
What You'll Get
    • Be part of a fast-growing company with an awesome mission
    • Highly competitive salary and equity so you're a part of the Snif family
    • An opportunity for growth and ability to widen your role and responsibilities
    • Medical, Dental and Vision healthcare insurance
    • 401K Retirement Plan with company matching
    • Paid Parental Leave
    • Flexible vacation and PTO policy
    • Industry-leading well-being and mental-health benefits
    • Virtual and remote work as well as work-from-home setup
    • Snif Product on us


Snif is an equal employment opportunity employer to all employees and applicants for employment. We celebrate people from all backgrounds. If you're driven by our mission, we'd love to hear from you Email us at hello@snif.co

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