Chief Financial Officer

Very Great

  • Closing: 1:50pm, 1st Sep 2022 EDT

Job Description

About Us

Very Great is a digitally-native consumer product platform and holding company, growing a family of real, crave-worthy brands for a new generation. Based in New York City, Very Great is powered by a technology-enabled growth infrastructure that spans supply chain, creative, marketing and sales, all designed to rapidly develop, launch and scale modern consumer product brands. The current family of brands includes W&P, Courant and Wild One, with future brand launches currently under development.

About the Role

We are seeking an exceptional and dynamic Chief Financial Officer to join the Very Great leadership team and help scale the company in our next phase of growth. The ideal candidate is someone highly strategic, analytical and operational, with experience leading the financial strategy and operations of a high growth company in the consumer products industry. The CFO will have primary responsibility for financial planning and management of all financial-related activities of the organization. This includes responsibility for accounting, audit, finance, forecasting, strategic and financial planning, banking and lender relationships, investor and board reporting, deal analysis, and vendor relationship management. The CFO will be responsible for leading and mentoring our finance team as well as serving as a business and thought partner to our Co-CEO’s and other leaders across the organization. 

This position will be remote or NYC based, and will report to Josh Williams, our Co-CEO.

Responsibilities

  • Work in partnership with Very Great’s Co-CEO’s to develop the company’s financial strategy and execute on that vision

  • Develop and mentor the finance team, managing work allocation, training, performance evaluation, and building of a highly effective team 

  • Design forward-looking, predictive models and financial analysis to provide insight into the organization’s operation and business plans

  • Develop and help implement plans for growth to increase company revenue and improving profitability

  • Critically assess performance of the business and key initiatives against budget and outlook, providing leadership and guidance to business colleagues to help achieve targeted results, address risks, and capitalize on opportunities

  • Prepare and maintain regular financial reports, including monthly/quarterly/annual financials by division, for both internal purposes and external investors, lender and board of directors reporting

  • Lead day-to-day cash management and finance operations

  • Oversee demand and inventory planning team

  • Take an active leadership role in future equity and debt fundraises 

  • Develop and manage all bank and lender relationships for the company

  • Lead annual budgeting process across the Platform and Brand teams 

  • Lead the diligence and evaluation of potential acquisition opportunities

  • Identify opportunities for process improvement and drive for operational, financial and technology excellence

About You

  • 12+ years of finance experience with increasing responsibility and leadership

  • 3+ years of experience as a CFO (or equivalent) in the consumer products industry (or related field); startup experience preferred

  • College degree and MBA required

  • Strong background in auditing, finance, budgeting, cash management, supply chain/manufacturing requirements

  • Excellent financial modeling skills

  • Experience in successfully leading a company through equity fundraising (Series B+)

  • Experience in negotiating and managing debt facilities (ABLs, term loans)

  • Experience designing, setting up, and implementing a financial ERP

  • Experience with supply chain finance

  • M&A transaction experience preferred 

  • Comfortable with ambiguity and take initiative to lead projects

  • Hard working and willing to roll sleeves up - no job is too big or too small

  • You have an entrepreneurial spirit. You thrive as a problem-solver in a dynamic, fast-paced, fluid environment building process, structure and systems

Removing bias from the hiring process

Applications closed Thu 1st Sep 2022

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Removing bias from the hiring process

  • Your application will be anonymously reviewed by our hiring team to ensure fairness
  • You’ll need a CV/résumé, but it’ll only be considered if you score well on the anonymous review

Applications closed Thu 1st Sep 2022