Chief Financial Officer

Chief Financial Officer
Verve Coffee Roasters, United States

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
Bachelor's Degree
Total Vacancies
1 Job
Posted on
Jul 15, 2023
Last Date
Aug 15, 2023
Location(s)

Job Description

Company Overview: Verve Coffee Roasters is a leading third-wave, omni-channel coffee brand committed to delivering exceptional quality coffee products and experiences. As a growth consumer brand, we operate a network of retail locations, an e-commerce platform, and a robust wholesale business, largely selling products that we develop and manufacture.


We believe the coffee experience is our responsibility from seed to cup. Coffee is our craft, our ritual, our passion. It drives us and inspires us. With this simple truth and responsibility we are bridging the gap from farmlevel to streetlevel. As our CFO, you will play a vital role in driving financial success and ensuring the alignment of financial strategies with our operational objectives.

Responsibilities:

  1. Financial Planning and Analysis:
    • Proven track record of successfully leading organizations through digital transformation initiatives, leveraging technology to optimize financial processes and drive business growth.
    • Develop and execute comprehensive financial plans, budgets, and forecasts.
    • Conduct financial analysis, including profitability assessments, cost control, and revenue optimization.
    • Provide insights and recommendations to support strategic decision-making and business growth.
  2. Financial Reporting and Control:
    • Oversee the preparation of accurate and timely monthly, quarterly and annual financial statements, reports, and disclosures.
    • Ensure compliance with accounting principles, regulations, and internal controls.
    • Implement effective financial policies and procedures to safeguard company assets and maintain financial integrity.
  3. Strategic Financial Management:
    • Ability to think strategically, anticipate future trends, and develop innovative financial strategies that align with organizational goals.
    • Collaborate with the CEO and executive team to develop and execute the company's financial strategy.
    • Assess investment opportunities, conduct financial due diligence, and evaluate potential risks and returns.
    • Monitor and analyze financial performance, identify areas for improvement, and implement corrective measures.
    • Develop and implement strategies for managing growth capital, including debt financing options and capital raise initiatives, to support the expansion.
  4. Cash Flow and Treasury Management:
    • Optimize cash flow management, including cash forecasting, working capital management, and liquidity planning.
    • Oversee banking relationships, financing activities, and capital structure decisions.
    • Implement effective treasury practices to mitigate financial risks and optimize cash utilization.
  5. Risk Management and Compliance:
    • Identify, assess, and manage financial risks, including market, credit, and operational risks.
    • Ensure compliance with regulatory requirements, tax obligations including sales, income, payroll, property, etc., and financial reporting standards.
    • Manage payroll, currently bi-monthly, ensuring accuracy and compliance.
    • Implement and maintain strong internal controls and risk mitigation strategies.
    • Oversee purchasing and inventory to ensure adherence to financial policies including budget, cash management and inventory valuation expectations.
  6. Data Analysis and Software Expertise:
    • Possess knowledge and expertise in utilizing data analysis tools, such as business intelligence software (Tableau, etc), to extract meaningful insights from financial and operational data.
    • Familiarity with integrating and analyzing data from Enterprise Resource Planning (ERP) systems, Customer Relationship Management (CRM) systems, Customer Data Platforms (CDPs), and Point of Sale (POS) systems.
    • Proficiency in financial management software and Enterprise Resource Planning (ERP) systems, with experience in leveraging software tools to streamline financial processes.
    • Oversee IT to ensure that IT's mission, priorities, and plans are linked to company strategy.
  7. Overseeing Human Resources:
    • Provide guidance and oversight to the HR Manager, ensuring the development and implementation of HR strategies and programs aligned with the company's goals and values.
    • Collaborate with the HR Manager to attract, recruit, and retain top talent, implementing effective talent acquisition and retention strategies.
    • Support the HR Manager in fostering a positive work environment, promoting employee engagement, and ensuring compliance with labor laws, while driving diversity, equity, and inclusion initiatives within the organization.
  8. Industry Knowledge and Affinity for Coffee and Consumer Brands
    • Demonstrate in-depth knowledge and understanding of the coffee and consumer brands sector, including market dynam

Job Specification

Job Rewards and Benefits

Verve Coffee Roasters

Information Technology and Services - California, United States
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