Financial Director

2 weeks ago


Beverly Hills, United States Vitamin World USA Corp Full time

**Job Overview**:
Guides financial decisions and protect assets by establishing, monitoring, and enforcing policies, procedures & internal controls. Responsible for building financial policies and strategies that improve the business’ financial health and strategic success. Oversee the financial operations within each department to ensure policy and budgetary compliance. Analyze the financial performance of the company and provide insight on best practices. Work with leadership to build and standardize financial reporting/tools for the executive team to use to guide decisions and positively impact the financial plans. Monitors and confirms financial condition by conducting audits and providing information to external auditors as needed.

**Responsibilities and Duties**:

- Prepare monthly, quarterly, and yearly financial reports and P&L in an accurately and timely manner
- Research and review company statistics to make forecasts and projections that help build comprehensive budget. Develop strategies to assess, manage and minimize any potential financial risks
- Develop accurate business activity reports, spending forecasts and additional tools to guide business leader’s decision making and monitor progress towards long
- and short-term goals
- Able to streamline efforts and transform data into actions to improve timeliness, profitability, drive business growth and maximize results
- Act as a collaborative strategic partner to cross-functional leaders, expertly guiding business analytics and delivering insights to fuel planning and uncover opportunities
- Manage financial forecast, planning and performance analytics for the company and at each business level
- Collaborate with COO on all financial planning, analysis and strategic activities including long-term business planning, quarterly forecasting consolidation, and annual budgeting for the company
- Create usable budgets for the business, including accurately evaluating the needs of each department in the long term
- Offer advice to the COO regarding spending and budget questions. Provide overall business insight
- Lead month closing process including cash flow management and maintain external relationships with banking partners
- Prepare and analyze consolidated reporting for company and business unit level (by channel for eCom, by categories for Merchandising, by stores for Retail) on actuals and forecasts in a timely and accurate manner
- Identify and quantify potential financial risks and opportunities based on trend analysis and business insights
- Partner with each business leader to update complex forecasting processes and streamline financial reporting
- Collaborate with each business leader to develop and measure performance KPI’s against goals (i.e. - promo lift, brand performance and spend for Merch.)
- Work closely with Retail Sales and Ecommerce to build a revenue model and track monthly progress
- Manage annual capital expenditures by advising on the best return on investment strategies to support business needs.
- Improve internal controls, policies, and system infrastructure to scale with the business expansions and ensure accuracy
- Build financial models to evaluate business expansion opportunities
- Performs other related duties as assigned

**Qualifications**:

- Bachelor’s degree in Finance or Accounting
- 5+ years of experience directly related to the duties and responsibilities specified.
- Thorough understanding of general accounting and financial management
- Expert Microsoft Excel skills
- Adherence to tight deadlines and quick turnaround for accounting deliverables
- Ability to effectively present information and respond to questions from management, vendors, and associates
- Strong organizational skills and the ability to develop and maintain an organized structure
- Accurate with a strong attention to detail
- Strong written and verbal communication skills
- Experience with Power BI or similar software
- Strong analytical skill and ability to work with large data sets and glean insights
- Positive and energetic attitude
- Resourceful and curious mind to investigate business issues
- Strong creative skills to develop new and innovative solutions
- Ability to create and deliver unbiased budget expectations for different department.

**How to Apply**:
Pay: $100,000.00 - $123,586.06 per year

**Benefits**:

- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Vision insurance

Schedule:

- 8 hour shift

Ability to Commute:

- Suite 206 Beverly Hills, CA 90211 (required)

Ability to Relocate:

- Suite 206 Beverly Hills, CA 90211: Relocate before starting work (required)

Work Location: In person



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