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Director of Accounting and Finance (Hybrid OR Remote - SEATTLE)

Company: Kate Quinn
Location: Fort Worth
Posted on: June 24, 2022

Job Description:

Director of Accounting and FinanceThe executive search practice of BPM LLP, one of the 50 largest public accounting and advisory firms in the country, has been retained by Kate Quinn to recruit a Director of Accounting and Finance for this online fashion brand that specializes in luxury clothes for children and babies (along with some matching clothes for moms and dads!).Founded in 2006, Kate Quinn is the classic overnight success story that took 15 years to build. After eschewing her wholesale channel that accounted for over 70% of her revenues in 2018, Kate Quinn focused her company on DTC (direct to consumer) and sales have since exploded. In the years since the pivot to ecommerce, the company and brand have grown an average of 2x each year---with no signs of slowing!OverviewAfter three years of explosive growth, the time has come for Kate Quinn to find an experienced Director of Accounting and Finance to drive all accounting and finance functions of the business. Reporting to Paul Weinstein, COO/CFO, the Director of Accounting and Finance will have the opportunity to join the company at this important inflection point of steep growth and will focus on implementing and maintaining financial controls and guidelines with an initial focus on inventory. The Director will develop and maintain financial models, forecasts and budgets that guide management decisions relating to ongoing working capital needs for this high growth business and will produce thorough financial status reports for senior management to help improve operational efficiency and aid in continued growth.Objectives of this Role

  • Provide comprehensive financial updates to senior management by evaluating, analyzing, and reporting appropriate data points
  • Review inventory accounting procedures and establish best practices for efficient inventory management
  • Guide financial decisions by applying company policies and procedures to current economic landscape and creating and maintaining budgets and forecasts
  • Develop, implement, and maintain financial controls and guidelines
  • Maximize payroll efficiency through innovative process development
  • Help develop and support short and long-term operational strategiesDaily and Monthly Responsibilities
    • Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements
    • Manage, lead, motivate and mentor accounting staff
    • Responsible for detailed review and analysis of inventory transactions to ensure integrity of inventory value, COGS, and inventory adjustments; develop analysis tools to enhance review of inventory costs and to ensure accurate reporting
    • Develop and document business processes and accounting policies to maintain and enforce internal control safeguards for the receipt of revenue, expenses, and company assets
    • In conjunction with CFO, establish financial and operating benchmarks, budgets, program monitoring, and reporting standards on a bi-weekly, monthly and annual basis
    • Manage bi-weekly payroll, and ensure payroll reporting compliance with HR
    • Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation
    • Research and ensure compliance with all relevant technical accounting issuesSkills and Qualifications
      • Bachelor's degree in finance, accounting, or related field
      • 10+ years proven accounting experience within both high-growth and established organizations closely partnering with operations and sales functions
      • Possesses leadership qualities with proven experience managing a team; enjoys an atmosphere of hard work within a fun environment
      • Collaborative, positive, encouraging, no-nonsense management style
      • Ability and willingness to wear many hats, roll up sleeves and be a hands-on contributor
      • Ability to navigate rapid change, build infrastructure, establish processes and procedures, and make quick decisions; comfortable with ambiguity
      • Proactive communicator with the ability to actively engage others in the course of ordinary business
      • Comfortable with creating performance analysis and financial business modeling metrics and reporting
      • Detail oriented with demonstrated ability to meet strict deadlines
      • Experience preparing for and coordinating successful external audits
      • 5+ years' experience with comprehensive inventory accounting, analysis and risk assessment
      • Proficient in QuickBooks, inventory management systems, Excel and other financial analysis tools.
      • Working knowledge of finance law and regulatory standards (GAAP)
      • Strong understanding of economic and banking processes
      • Proven payroll experience, with a focus on streamlining accounting processes
      • A hybrid work situation is preferred, but this could possibly be primarily remote with occasional travel to the Seattle area. Best to be in the PNW.Preferred Qualifications
        • 5+ years' experience as a senior-level accounting or finance manager
        • Previous experience in direct-to-consumer products within a similar industry
        • Strong working knowledge of detailed financial data analysis
        • Experience with ecommerce, preferably Shopify
        • Knowledge of federal, state, and local tax compliance regulations and reporting
        • CPA (or equivalent) highly preferred

Keywords: Kate Quinn, Fort Worth , Director of Accounting and Finance (Hybrid OR Remote - SEATTLE), Executive , Fort Worth, Texas

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