Chief Financial Officer | Full Time
Location: Middlebury, VT, USA
About Bee’s Wrap
Founded in 2012, Bee’s Wrap offers innovative, eco-friendly solutions to reduce plastic and food waste. As a first mover in the reusable food storage category, Bee’s Wrap realized rapid expansion in a variety of retail formats with distribution across the globe. The company’s headquarters and manufacturing are in Middlebury, VT. Bee’s Wrap is a place of productive, collaborative, and creative work, aiming to provide a thriving place of employment that is engaging and supportive. Bee’s Wrap is a proud B Corporation, meeting the highest standards of social and environmental impact on a mission to “cover the world in pollinators, not plastic.”
Reporting to the Chief Executive Officer, the Chief Financial Officer (CFO) is a key member of the senior leadership team with a strong background in financial reporting, budgeting, business strategy and forecasting, planning and analysis. The CFO plays a key role developing and executing overall business strategy and works collaboratively with all departments to monitor and track success along growth objectives. This is an exciting and dynamic time to join the team as we continue to grow and innovate in all areas of the business.
Essential Functions and Responsibilities
• Manage the overall financial activities of the company; lead corporate finance, cash management, tax strategy and regulatory compliance and planning, accounting reporting, planning and analytics, budgeting, forecasting, credit, AR/AP and payroll.
• Lead budget process, including the development of departmental budgets, analysis of profitability improvement opportunities, and identification of efficiencies.
• Build and maintain multi-year financial plans directly tied to strategic initiatives, including cash flow forecasts inclusive of growth objectives and debt obligations.
• Steward of cash, investment, and asset management including capital expenditures and return analysis justifying capital expenditures. Monitor and advise on trends that influence inventory planning and capital outlay.
• Manage the administration of the company’s financial reporting and compliance to GAAP principles. Produce monthly and annual financial reports for both internal and external reporting, including all reporting for the Board of Directors.
• Direct the preparation of tax returns and related tax documents, year-end tax audits, and related matters. Ensure regulatory compliance for sales tax nexus obligations in all markets.
• Lead, coach, and mentor the accounting team to be able to independently solve issues with sound business judgment and increase their levels of productivity and responsibility.
• Manage the administration of the company’s cost accounting system, to ensure the integrity of standard cost and the accuracy of inventory valuation. Participate in pricing decisions and strategies; provide information affecting product pricing and profitability.
• Represent the company to and deal regularly with a variety of outside firms, organizations, and individuals, including banks and other financial institutions, auditors, attorneys, consultants, insurance carriers, and government agencies.
Required Skills/Experience and Attributes
This role requires a unique executive that can operate as a strategic leader for the company and liaison to the private equity owners, while also embracing the small company environment. It’s critical that the person possess a willingness to roll up their sleeves and promote a “do whatever it takes” approach to serving customers and preserving a values-driven B-Corp company culture. The ideal candidate will bring a mosaic of financial and operational experiences to bear towards achieving our environmental mission and financial objectives.
• Bachelor’s degree in business or accounting required and ten (10) plus years of progressive related experience. MBA preferred.
• Five (5) plus years of supervisory experience required.
• Possess exceptional knowledge of GAAP, IRC, FASB, accrual-based accounting, organizational auditing, fixed asset accounting, and tax filing requirements.
• Ability to establish trust and credibility across the firm with all levels of stakeholders.
• Demonstrated leadership and strategic abilities, particularly in scaling a rapidly growing company.
• Ability to exercise good judgment and maturity while maintaining confidentiality as required.
• Exceptional analytical competence and knowledge of Excel and other Microsoft Office products.
• Self-reliant, detail-oriented, proactive, and capable of effectively managing multiple tasks, projects and deadlines.
• Excellent interpersonal, written, and verbal communication skills. Ability to effectively communicate and develop positive relationships with both internal and external colleagues and clients.
• Experience with ERP system, such as NetSuite, preferred.
• Ability to remain effective and patient under pressure.
• Must be able to collaborate and function in a fast-paced team-oriented workplace.
• Private Equity experience preferred.
Disclaimer: What is listed above is representative of the position’s responsibilities but is not meant to be an exhaustive list. Responsibilities may change during employment at the company’s discretion. Gallagher, Flynn & Company, LLP and our client do not discriminate in employment based on race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, parental status, military service, or other non-merit factors.
Gallagher, Flynn, & Company, LLP has been retained to conduct this search. Interested candidates may apply by sending a resume and cover letter to Michelle Rawls, Director of Talent Acquisition at firstname.lastname@example.org or https://adr.to/4hcls. While we appreciate all interest in this opportunity, only candidates most closely aligned with our search will be contacted.