Who we are:
Founded in 2013, Madison-Reed is a prestige beauty brand empowering women with the ultimate hair-color hack. Rather than settling for a suboptimal hair color "box" product or an expensive and time-consuming salon visit - we provide her with a hair color experience she never thought possible: Salon-gorgeous multi-tonal hair color with shine and softness, a no-smell low chemical ingredient profile, gold standard customer service with certified licensed colorists on call, cutting-edge diagnostic color matching technology, delivered to her door/on her schedule at a revolutionary price. Our proposition represents a revolution to a $50 billion-dollar hair care industry and a welcome innovation for millions of women who didn't think a better way was possible.
The above is what we do, but what is more profound is our why. Our proposition is an expression of a deep-founded belief of our founder Amy Errett, who believes all women should own their beauty, which includes deserving more and living their most brilliant and honest expression of themselves. Our company values are not just how we treat our customers but how we treat our team of 100+ employees: love, joy, courage, responsibility, and trust.
Madison-Reed is headquartered in San Francisco and we are backed by leading investors: Norwest Partners, True Ventures, Comcast Ventures, Maveron and Shea Ventures.
Who you are
You are the point person for Finance whether it be Accounting, Tax, Forecasting, or Audit. You love rolling up your sleeves and diving into all activities associated with Accounting because you also act as full time controller. You see the big picture but are also a master in the details. You believe in working collaboratively and are able to build cross-functional relationships across departments to help guide the company to perform at its best. You motivate people, inspire teamwork and influence groups. Like us, you are on a mission and get excited about an environment that executes with speed and precision while guided by company values and an amazing culture. You know how to build for the future but understand making trade-offs to get the most value today.
What you will do
As our Vice President of Finance/Controller, you will be a key leader for the financial operations of our rapidly growing company. You will be responsible for providing technical accounting expertise, improvement of financial processes, and development of a high performing accounting team. You will own the budget and on-going forecasting/analytics to support business growth. You must be a hands-on, roll up your sleeves type of manager and should enjoy a fast-paced, early-stage environment with the ability to work cross functionally across the organization.
Oversee daily operations of the finance and accounting department
Manage/Oversee the preparation of financial budgets and financial forecasts in conjunction with corporate business partners
Prepare/oversee financial analysis for contract negotiations and product investment decisions
Monitor and analyze monthly operating results against budget
Assist in establishing short- and long-range departmental goals, objectives, policies, and operating procedures
Design, establish, and maintain an organizational structure to effectively accomplish the departments goals and objectives
Coordinate financial audits and provide recommendations for procedural improvements
Manage all accounting operations including Billing, A/R, A/P, G/L, Cost Accounting, Inventory Accounting and Revenue Recognition
Manage month-end accounting process, ensuring conformance with standard GAAP accounting and publish timely monthly financial statements
Serve treasury function, tracking monthly bank reconciliation and ensuring proper controls and investment strategies for cash on hand
Track and ensure payment of sales and use taxes, along with necessary registrations with various state and local agencies
Be aware of changes in accounting compliance and technical requirements that affect the organization and implement accordingly.
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Identify and recommend to CFO any financial opportunities to improve financial and cash management
Develop, manage, and build a top tier team that proactively drives continuous improvement and works with a collaborative mentality
Bachelor's degree in Finance, Accounting, Business Administration or related field; MBA preferred
10+ years of experience in Mid to Senior Level Accounting or Finance Position
Prior experience as Controller or Finance Leader in fast-growing company preferred.
Accounting firm audit experience is preferred but not required
Strong GAAP and financial reporting technical skills
Excellent Excel and financial modeling ability
Exceptional work ethic and the willingness and ability to “roll up sleeves”
Flexible and creative, with ability to learn new and complex concepts quickly. Relentlessly resourceful and diligent
Working knowledge of short and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
Ability to analyze financial data and prepare financial reports, statements and projections
Strategic perspective – ability to integrate finance, human resources and legal perspectives into accounting/finance and other decision-making in the company
Strong track record of successfully motivating, developing, and helping people reach their full potential