Chief Financial Officer

1 day ago

New York, New York, United States Snif Full time

About Us

Snif is setting the new standard in fine fragrance, making high-quality scented products accessible, simple, and fun. Our goal is to deliver exactly what customers want to smell and develop innovative ways for them to incorporate fine fragrance into their daily routines. Every scent we develop offers an immersive experience, from name and packaging design to creative campaigns. We aim to convey quality behind every release through our formulas made with top-shelf ingredients that are genderless, non-toxic, vegan, and cruelty-free. Snif products can be found on our DTC site as well as at Ulta Beauty and Urban Outfitters.

We have been featured across notable press outlets including Forbes, Fast Co., WWD, Vogue, Allure, Cosmopolitan, NY Mag, Harper’s Bazaar, and more. Additionally, we are backed by some of the most respected investors in the consumer goods space. As a lean team expanding quickly, we are 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 crucial to our success and overall health. As the Chief Financial Officer, you will oversee high-level efforts like demand and financial planning, accounting, KPI metrics and reporting, investor relations, and supporting our Board of Directors. You will also manage day-to-day financial operations such as budgeting, inventory tracking, budget management, accounting, insurance, and more.
  • You will operate in both an Excel model and possess the presence and insights to sit in the Board room. This individual must be highly analytical, detail-oriented, communicative, and motivated to make the business as efficient as possible.
Key Responsibilities: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 the 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 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 a major plus.
  • Analytical skills with the ability to translate data into simple, real-world outcomes and goals.
  • 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

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