Finance Manager

TECHSTYLES SPORTSWEAR
Berkeley, CA Full Time
POSTED ON 4/18/2023 CLOSED ON 12/18/2023

What are the responsibilities and job description for the Finance Manager position at TECHSTYLES SPORTSWEAR?

Location: Hayward, CA

WHAT ARE WE LOOKING FOR?

Do you have a background in Consumer Goods or Apparel and Accounting? Do you have an entrepreneurial spirit? Can you think on your feet? Can you multitask and pivot? Then we may have the company and position for you! Join a company with tremendous spirit and unparalleled loyalty from its employees.

THIS IS A LEADERSHIP POSITION AND A KEY PARTNER/DIRECT REPORT TO THE PRESIDENT. YOU WILL PLAY A BROAD, IMPORTANT, AND BIG ROLE IN SHAPING TECHSTYLES’ FUTURE.

The Finance Manager will play a critical role in developing and managing the Company’s financial integrity. Primary responsibilities include supervising the accounting department, timely and accurately preparing GAAP-compliant financials for Company’s President and its ownership, maintaining sound accounting standards in coordination with Charles Products’ CFO and Controller, and timely/accurate forecasting, budgeting, and financial operational analysis. Additionally, providing critical thinking and value-added insights to financial analysis; and, driving the development and monitoring of Key Performance Indicators (KPIs) contributing to overall profitability, customer retention, and growth.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Partner with the President in creating, planning, and implementing the strategic vision and action steps for such said plan
  • Prepare timely and accurate financial statements and financial operational analyses. GL G&A expense monthly closing, reporting, and management
  • Provide a financial summary of key areas impacting the business compared to budget and forecast including scenario plans thru year-end
  • Prepare and continually improve annual budgeting and rolling P&L and cash flow forecasts
  • Work closely with cross-functional operating partners to drive top and bottom-line growth
  • Build out KPI’s and analytics, and track progress on cost and operational efficiency improvements by determining process improvements and implementing solutions
  • Support President and managers’, as needed, with ongoing project management requirements
  • Research and analyze all pertinent financial information for review with cross functional partners
  • Prepare requested Board information (reports, slides, etc.) for the Company inclusive of collaborating on strategy and growth initiatives with the President
  • Prepare financial reports for internal use by collecting, analyzing, formatting, and presenting information in a succinct and usable format
  • Prudently and thoroughly evaluate new capital projects, including running financial analyses (i.e., ROI, MOIC)
  • Participate in management training, as requested from time-to-time
  • Maintain and oversee all accounting procedures and processes in coordination with Techstyles’ President and Charles Products’ Controller; such procedures and processes include maintaining timely and accurate production, payroll, benefit, PTO, commission, royalty, departmental, and various tax expense accounting records, fixed asset schedules, chart of accounts, and performing Balance Sheet reconciliations
  • Follow and comply with Generally Accepted Accounting Principles (GAAP) for financial statements
  • Support annual financial audit procedures in coordination with Charles Products and 3rd party accounting, auditing, and tax provider
  • Prepare and file tax reports for the Company (CA Franchise Tax, Personal Property Taxes, etc.)
  • Assist The President and the Managers in the ongoing Development of Departmental and Key Performance Indicators (KPIs), especially related to financial, metrics, and growth indicators
  • Perform credit analysis for new and existing customers
  • Maintains technical accounting knowledge by attending educational workshops and reviewing publications
  • Organize and execute Annual Physical Inventory, monitor and assist in the control of inventory transactions as it relates to book stock accuracy
  • Minimal travel, 10%

SUPERVISORY RESPONSIBILITIES

  • Responsible for supervision of the accounting staff

EDUCATION AND/OR EXPERIENCE

  • Bachelor’s degree in Accounting, Finance, or Business with an emphasis in Accounting; MBA or CPA license, a plus
  • A minimum of 5 - 7 years’ work experience leading accounting and financial reporting
  • A minimum of 5 years’ work experience in P& L and cash flow budgeting and forecasting
  • Proficiency and strong knowledge of accounting, finance, cost control processes, and GAAP
  • Advanced Microsoft Excel proficiency required

Job Type: Full-time

Pay: $120,000.00 - $130,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • Day shift

Work Location: One location

Salary : $120,000 - $130,000

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