Director of Finance

3 weeks ago

Phoenix, Arizona, United States FreePower Full time
***This role requires full-time presence at our Phoenix, AZ office***

Position Overview: We are currently seeking a detail-oriented, cross-functional and experienced finance professional to manage our accounting activities. This role involves managing all accounting for the business, streamlining financial processes, and providing real-time financial insights to support strategic decision-making. The role will work closely with senior leadership and the sales team on budgeting, forecasting, and financing to maintain profitability and cash flow efficiency. Given the rapid growth, the role will play a crucial role in scaling financial infrastructure, implementing internal controls, and optimizing financial systems to manage increased revenue. If you are driven, passionate about impactful products, and thrive in a fast-paced environment, we encourage you to apply.

Financial Planning, Control & Reporting:
  • Create Budgets, Financial Plans and Projections
  • Develop management dashboards by department highlighting key financial metrics for leadership
  • Prepare and analyze financial statements in accordance with generally accepted accounting principles (GAAP).
  • Report and Communicate financial statements to senior management monthly
  • Assist in the month-end, quarter-end and year-end reconciliation and closing processes.
  • Reconcile bank statements and general ledger accounts.
  • Generate financial reports and provide insights to management as needed.
  • Establish process and matrix to track various sales and management commissions, rebate, and rev share structures across our internal team and external partners, including distributors and sales reps.
Accounts Payable and Receivable:
  • Collaborate with Management and Senior management to establish process for approvals with Accounts Payable and Expenses
  • Manage Expense Approval and payment processing
  • Process accounts payable invoices accurately and timely.
  • Monitor accounts receivable and follow up on outstanding payments.
  • Maintain vendor and customer records, ensuring accuracy and completeness.
  • Assist with billing and collections activities as necessary.
Budgeting and Forecasting:
  • Assist in the preparation of annual budgets and quarterly forecasts across departments
  • Work to create monthly budgets by department and review budget to actual reports with department managers and senior leadership
  • Monitor budget-to-actual variances and report recommendations indiscrepancies.
  • Provide support in financial planning and analysis efforts.
Financing and Cash Flow Management:
  • Develop cash flow forecasts to ensure liquidity and identify potential funding needs.
  • Manage working capital by optimizing accounts receivable, accounts payable, and inventory levels.
  • Provide support in financial planning and analysis efforts.
General Accounting Support:
  • Support the management team with projects and initiatives.
  • Assist with tax preparation and filing requirements.
  • Oversee debt obligations and financing strategies, ensuring the company maintains sufficient funding for growth initiatives.
  • Help identify and manage financing options for inventory and other growth capital needs.
Requirements:
  • Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred.
  • Minimum of 5+ years of experience in controller or finance roles.
  • Proficiency in accounting software (e.g., QuickBooks, SAP, etc.) and Microsoft Excel.
  • Strong understanding of GAAP principles and financial reporting requirements.
  • Excellent analytical and problem-solving skills.
  • Detail-oriented with a high level of accuracy in work.
  • Effective communication and interpersonal skills.
  • Ability to prioritize tasks and meet deadlines in a cross-functional setting.
  • Strong sense of collaboration, integrity and professionalism in a start up environment.

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