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Posted January 14th

Director of Finance

Newport Beach, CA

Madtasty logo outline

Employer

Mad Tasty

Industry

Supplier

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Posted January 14th

Director of Finance

Newport Beach, CA

Function

Finance/Accounting

Experience

Executive Level

Type

Full Time

About The Position
The Director of Finance reports directly to the Chief Operating Officer and is responsible for managing the day to day financial and accounting functions of MAD TASTY.
DIRECTOR OF FINANCE 

The Director of Finance reports directly to the Chief Operating Officer and is responsible for managing the day to day financial and accounting functions of MAD TASTY. This person will be an accomplished financial analyst and accountant with experience in beverage operations and sales orientated businesses. This role would be responsible for developing a finance strategy and providing guidance to the Executive team. 

ESSENTIAL FUNCTIONS 

·       Build monthly, quarterly and annual P&L statements to deliver an accurate financial picture to the Executive team 
·       Prepare annual budgets and up to date financial estimates with input from all teams
·       Drive down COGS by sourcing lower cost suppliers and logistics partners
·       Purchase, manage and optimize raw materials for production and R&D projects
·       Monitor, track and analyze inventory at numerous locations across the country as well as co-pack activities at several locations
·       Partner with the sales team to analyze promotional activities, product pricing and trade investment to drive share and profit
·       Responsible for period end close responsibilities including preparation of accruals and analysis of actual results versus budget/forecast
·       Forecast and budget preparation and variance analysis
·       Ad hoc financial reporting and special projects as required
·       Build cash-on-hand forecasts and make intelligent purchasing decisions based on forecasted cash-on-hand
·       Pay invoices and manage our finances in QuickBooks
·       Demand planning: build, implement and track production plans based on sales forecasts and desired inventory levels
·       Help implement a robust inventory management system
·       Review invoices from suppliers and co-manufacturers and address any discrepancies
·       Review and audit financial reports to ensure governmental compliance 

 

SKILLS/QUALIFICATIONS 

·       Bachelor’s Degree in accounting or Finance
·       CPA
·       Minimum of 5-7 years of experience in a comparable finance and accounting position
·       Food, beverage manufacturing and consumer packaged good experience preferred
·       A successful history of developing and managing teams
·       Advanced skill level for all Microsoft products

 

Location
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Newport Beach, CA
Function Details
  • Reports To Chief Operating Officer
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