Controller/VP of Finance

4 weeks ago


Los Angeles, California, United States Jenni Kayne Full time
Controller/VP of Finance Job Description

Oak Essentials, a renowned lifestyle brand, is seeking an experienced Controller/VP of Finance to join its team. As a key member of the finance department, you will be responsible for managing all financial accounting and reporting functions for the company.

Key Responsibilities:
  • Financial Accounting and Reporting: Manage day-to-day accounting, month-end close, and annual reporting process.
  • Financial Statement Preparation: Generate accurate and timely monthly financial statements, prepare monthly reporting package, and provide comparative reports of operating results and variance explanations.
  • Team Management: Develop, grow, and oversee a small accounting staff, including AR/AP/Bookkeeper.
  • Accounting Database Maintenance: Maintain the accounting database and ensure its accuracy and integrity.
  • Audit and Tax Preparation: Prepare for and lead the yearly audit and work with external tax firm for the income tax return.
  • Bank Reconciliation and Cash Management: Review bank reconciliations, loan schedules, and all other balance sheet schedules, and maintain cash forecasts and cash spend.
  • Internal Controls and Automation: Build out and improve internal controls, policy, and procedures throughout the organization, and identify opportunities to automate routine activities to improve team efficiency.
  • Financial Planning and Analysis: Assist the CEO and SVP of Growth in preparing the annual corporate budgets, and work closely with demand planning and SVP of Growth to ensure retail velocity is accounted for in financial forecasts and proper accruals are made for all potential retail chargebacks and expenses.
  • Payroll and Admin Management: Oversee payroll, and other key admin areas such as insurance, contracts, and some legal.
  • Credit and Inventory Management: Oversee credit process for wholesale customers, and oversee inventory with planner.
Qualifications:
  • 10+ years of progressive accounting experience, with at least 5 years as a Controller or Asst. Controller.
  • Extensive knowledge of technical accounting matters including GAAP, revenue recognition, and tax matters.
  • CPA license required, college accounting degree, and public accounting experience strongly preferred.
  • Consumer products (beauty or personal care industry preferred) and inventory experience required.
  • Experience building and managing an accounting team.
  • Strong organizational and time-management skills.
  • Meticulous attention to detail and accuracy in work product.
  • Ability to work cross-functionally and build strong interpersonal relationships with other teams in the business.
  • Expertise in accounting and tax software, including ERP (Netsuite preferred), Excel, and Avalara.
Physical Requirements:
  • Prolonged periods sitting at a desk and working on a computer.
Additional Notes:

This job description is not all-inclusive. Oak Essentials, LLC reserves the right to amend this job description at any time. Oak Essentials, LLC is committed to a diverse and inclusive work environment.

The annual base salary range for this position is $150,000-$200,000. The base salary is determined by experience, education, skills, and location. In addition, this full-time position is eligible for the following company benefits:

  • Discretionary annual bonus based on company and personal performance.
  • Competitive healthcare benefits, including medical, dental, vision, short-term disability, long-term disability, life insurance, employee assistance program, and flexible spending account.
  • 401k match.
  • Unlimited vacation.
  • Live-Well Program, including annual health and wellness stipend, live-well days off, and supporting the causes our team cares about.
  • Generous parental leave.
  • Employee discounts.


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