Fractional CFO – Retail, Delray Beach, FL
This is a Fractional CFO position reporting into the CEO for a growing online retailer based in Delray Beach, FL. Candidates should be commutable to Delray for occasional in-office work.
Schedule: You could be in the office twice a month or three times a week depending on projects and schedule as needed.
Major responsibilities:
· Provide timely, relevant, and strategic financial insights to the CEO and leadership team, helping drive better decisions in developing and executing the company’s organizational performance against budget & long-term strategy; evaluate and advise on the impact of long-range planning; act as a true business partner to the CEO.
· Act as a true partner to the CEO and establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges; think broadly about the business and opportunities to improve processes and systems.
· Complete analysis of financial results; Develop recommendations (strategic and tactical).
· Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new category launches).
· Develop and maintain capital budget. Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
· Provide timely and accurate analysis of budgets, financial reports, and trends to assist the executive team and board in delivering their responsibilities and priorities.
· Advise from a financial perspective on any contracts into which the corporation may enter.
· Drive the annual budget process and provide meaningful monthly updates of progress that not only explain the ‘why’ behind variances but proactively identify future issues and opportunities; establish internal control processes that are clear and drive accountability.
· Drive accounting practices and reporting to ensure key functional metrics connect directly to the P&L; understand how to identify the right levers to pull leading to value creation for the company and shareholders.
· Support team leaders and help operations find savings opportunities with insightful analysis.
· Help drive profitable growth with analytics around pricing and customer profitability.
· Oversee creation and execution of inventory forecast and ensure optimal levels and turn are met.
· Evaluate the finance division structure and team plan for continual improvement and efficiency of the group; effectively lead the Finance & Accounting teams by hiring, retaining, and developing top-grade talent.
· Manage the company’s real estate affairs consisting of leases and sub-leases with various landlords; Negotiate new leases or lease renewals.
· Ensure legal and regulatory compliance regarding all financial functions.
Position requirements and experience:
® CPA or MBA a plus; technically sound
® At least 5 years CFO or equivalent experience ideally in a retail/DTC organization.
® Strong drive to deliver on objectives quickly and effectively; results oriented.
® Organizational and planning skills; process improvement orientation
® NetSuite ERP implementation and optimization experience required.
® Experience with supply chain, inventory management
® Strategic mindset
® High ceiling: ability and desire to continuously learn.
® Hands-on as needed; “roll up your sleeves” approach.
® Impeccable ethics; honest
® Self-motivated; hungry
® Culture builder & champion
® Strong analytical skills
® Exceptional communicator; written and verbal; great listener.
® Intuitive: problem-solver
® No ego; humble
® Collaborative; team builder
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