Chief Financial Officer

Company: The Black Tux
Location: Santa Monica
Posted on: September 12, 2020

Job Description:

The Black Tux is reinventing formal wear so people can show up at their best on the days that matter most. We design and manufacture modern rental suits and tuxedos that actually fit—made of 100% wool, ordered online, and delivered for free.

We’re looking for a CFO to join our team and work closely with the CEO and the rest of the senior leadership team. Reporting to the CEO, you will be responsible for all things Finance and will help set and lead the companies strategic growth plans.

What You'll Do: Strategy, Planning and Management

Serve as senior financial leadership for The Black Tux

Assess and evaluate financial performance of the organization with regard to long-term operational goals, budgets and forecasts, collaborating with senior management to set KPIs, identify opportunities, and mitigate risk

Provide insight and recommendations to both short-term and long-term growth plan of organization

When necessary, identify, acquire and implement systems and software to provide critical financial and operational information

Communicate, engage and interact with Leadership Team and all other stakeholders including board directors

Create and establish yearly financial objectives that align with the company’s plan for growth and expansion

Recruit, interview and hire finance and accounting staff as required

Participate in pivotal decisions as they relate to strategic initiatives and operational models

Interact with and bring department into line with operation plans and initiatives

Serve as key stakeholder in evaluating commercial agreements or other major corporate initiatives

Financial Analysis, Budgeting and Forecasting Prepare, present and oversee long-term budgetary planning and cost management including full year forecast, budget and mid-range planning

Proficient with return on investment analysis (IRR, NPV, LTV/CAC, cohort analysis, etc.)

Identify, develop and execute analysis of business initiatives, new launches and expansions

Manage financial planning and analysis. Supervise creation of reports, software implementation and tools for budgeting and forecasting

Support inventory planning and analysis alongside the VP of Planning & Merchandising

Accounting, General Ledger, Administration and Operations Oversee preparation of month-end and year-end financial statements

Assume full responsibility for managing the company’s financial functions, including overseeing the accounting team that handles all accounting and producing timely and accurate financial reports to the management team and investors

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies

Enhance and implement financial and accounting systems, processes, tools and control systems

Manage cash flow planning process and ensure funds availability

Oversee cash, capital structure and asset management areas

Explore new investment opportunities and provide recommendations on potential returns and risks

Maintain outstanding relationships and strategic alliances with vendors and business partners

Utilize forward-looking models and data driven analyses to provide financial insight into the organization’s plans and operating budgets

Finance and Accounting Team Management Develop a team of 5+ people, managing work allocation, performance evaluations, and the building of an effective and efficient team dynamic

Manage relationship and communication with larger, cross-department teams outside of direct span of control within the overall organization

Who You Are: Bachelor’s degree in accounting, finance, business administration or related field

12+ years total accounting or finance experience

Outstanding communication and presentation skills

Demonstrated leadership ability, confidence and executive presence – ability to motivate staff

Excellent analytical, reasoning and problem-solving skills

Able to thrive in a fast-paced environment and meet the demands of multiple constituents while building the company for growth

Ability to work with all departments of company and with a multicultural workforce

Strong initiative and ability to manage multiple projects

Strong follow-through on all projects; ability to bring projects to timely completion

Collaborative, good team player and ability to flex style and approach

Demonstrated leadership ability, team management, and interpersonal skills

Experience in building teams and working in a growth business

Benefits and Perks of Working at The Black Tux Exciting startup environment

Weekly catered lunches

Dog friendly office

Complimentary dry cleaning & tailoring services

Health, dental and vision coverage

Paid parking

Paid maternity and paternity leave

Stocked kitchen & pantry

Apple equipment or whatever you need to be productive

Quarterly team outings

Company happy hours

Free suit rentals

We're an equal opportunity employer to all. We interview and hire applicants of all backgrounds, orientations, expressions, and identities.

Keywords: The Black Tux, Santa Monica , Chief Financial Officer, Other , Santa Monica, California