Financial Manager

5 hours ago

Memphis, Tennessee, United States Adams Keegan Full time
Job Title:
Accounting and Finance Manager, Premium Spirits Industry

Location:
Memphis, TN

Company:
Morningside Brands, Inc.

About Us:
Morningside Brands, Inc. is a dynamic and rapidly growing startup in the premium spirits industry. We specialize in building and bringing to market a portfolio of spirits in the United States and beyond. Our team is committed to crafting exceptional spirits that reflect our dedication to quality, innovation, and customer satisfaction. We are on a path to become a sizable player in the market and have started with tequila and gin in our portfolio. We are seeking a highly skilled and motivated Accounting and Finance Manager to join our team and help drive our financial strategy and operations. As part of our growth, we offer a dynamic work environment with opportunities for career advancement as we scale.

Job Summary:


The Accounting and Finance Manager will be responsible for executing all financial and accounting activities within the company. In addition to standard accounting and financial reporting, this role will play a critical part in shaping the financial future of Morningside by developing and implementing financial strategies, ensuring compliance with accounting standards, and providing insightful financial analysis and forward-looking projections to support business growth. The Accounting and Finance Manager will work closely with Morningside's operations team, marketing team, and sales team in this process. The Accounting and Finance Manager will interface with board members and be involved in company strategy.

Key Responsibilities:

Accounting Operations:
Executing accounting operations, including accounts payable, accounts receivable, and general ledger. Ensure accurate and timely financial reporting.

Financial Reporting:
Prepare and present financial statements, reports, and analyses to the executive team and board of directors. Ensure compliance with GAAP and other regulatory requirements.

Cash Flow Management:
Manage cash flow to ensure the company has adequate liquidity to meet its obligations. Develop strategies to optimize cash flow and working capital.

Inventory:
Work with operations team to oversee and manage inventory, including tracking, procurement, and stock control. Ensure accurate inventory levels, timely replenishment, and efficient use of resources to meet customer demand while minimizing costs.

Internal Controls:
Establish and maintain robust internal controls to safeguard company assets and ensure the integrity of financial data.

Financial Strategy and Planning:
Develop and implement financial strategies to support the company's growth objectives. Provide financial insights and recommendations to the executive team.

Budgeting and Forecasting:
Lead the budgeting and forecasting process. Monitor financial performance against budgets and forecasts, and provide variance analysis.

Risk Management:
Identify and mitigate financial risks. Develop and implement risk management policies and procedures.

Team Leadership:
Grow, lead, and mentor the finance and accounting team. Foster a culture of continuous improvement and professional development.

Tax Compliance:
Ensure compliance with all tax regulations and filings. Work with external tax advisors as needed.

Qualifications:

  • Demonstrated ability to lead by example, with a focus on fostering a collaborative and results-driven team environment.
  • Bachelor's degree in Accounting, Finance, or a related field; CPA strongly preferred; master's degree in accounting, finance, or business administration preferred; additional certifications such as Certified Management Accountant or Chartered Financial Analyst are a plus.
  • Minimum of 7-10 years of progressive experience in accounting and finance roles, with at least 3 years in a management or leadership position.
  • Mastery of Microsoft Excel.
  • Proficiency in accounting software including NetSuite and QuickBooks.
  • Experience in a fast-paced environment, with a proven ability to adapt to changing priorities and business needs.
  • Experience in the beverage or consumer goods industry is a plus.
  • Strong knowledge of GAAP and financial reporting standards.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Proven ability to develop and implement financial strategies.
  • Team management skills.
  • Excellent communication and interpersonal skills.

Company Culture:
At Morningside, we value creativity, collaboration, and a commitment to excellence. Our team members are passionate about what they do and are driven to make a positive impact in the industry and the world. We seek team members that have something to prove to themselves and to their industry.

Travel and Work Environment:
Little to no travel will be needed for this role. This position requires regular, in-person attendance at our Memphis, TN office with opportunities for remote work some days during the month.

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