Head of Finance
28 days ago
Los Angeles
Job Description The Head of Finance is the senior operational finance leader at True Classic, responsible for owning and operating all core financial functions including FP&A, Accounting, Treasury, Corporate Finance, Investor Reporting, Risk, and OpEx Management. This role ensures world‑class accuracy, visibility, and financial discipline to support True Classic's growth across DTC, Wholesale, Marketplaces, retail and global markets. Reporting to the President, the Head of Finance leads all day‑to‑day finance operations, builds scalable systems, and partners cross‑functionally to drive profitable growth. FP&A and the Controller function report directly into this role. Areas of Accountability P&A, Budgeting & Forecasting Lead all short- and long-range forecasting to drive visibility and enable proactive decision-making. Responsibilities include: • Maintain and govern the 36-month integrated financial model, • Deliver rolling weekly, monthly, and quarterly forecasts and scenarios, • Manage the annual budget process and assumption governance, • Produce monthly variance analyses, margin walks, and profitability reporting Own the full accounting function, ensuring accuracy, compliance, and investor-grade reporting. Responsibilities include: • Lead and manage the Controller and accounting team, • Oversee all Record-to-Report processes, including journal entries, reconciliations, and close, • Ensure month-end close is completed within 7 days (gold standard) and financials are fully accurate, • Maintain and enforce accounting policies, GAAP compliance, and internal controls, • Oversee AP, AR, revenue recognition, and inventory accounting, • Ensure taxes, filings, audits, and regulatory compliance are completed on time with zero penalties, • Maintain payroll accuracy, period-to-period consistency, and control governance Responsibilities include: • Scenario planning and stress‑testing, • Capital allocation recommendations across channels and initiatives, • Business case development for all material projects, • Post‑implementation reviews and impact measurement Responsibilities include: • Maintain a 26‑week cash ladder updated weekly, • Ensure sufficient liquidity through cash + debt availability management, • Manage revolver utilization and lender covenant compliance, • Oversee FX, interest rate, and working capital risks, • Deliver all investor/lender reporting packages and compliance filings Responsibilities include: • Lead monthly OpEx reviews with all budget owners, • Implement and maintain zero‑based budgeting (ZBB), • Govern contract lifecycle management (CLM), • Enforce spend controls, approval authority matrices, and "no contract, no payment" policy Responsibilities include: • Produce weekly KPI and cash flashes, • Deliver monthly reporting packages within 24 hours to leadership (or ≤ 5 days at baseline), • Provide variance narratives, risks, and recommended actions Responsibilities include: • Lead modernization of finance tooling and data pipelines, • Maintain chart of accounts and master data governance, • Drive automation and workflow optimization across finance processes Responsibilities include: • Manage and develop FP&A and Controller teams, • Provide quarterly business reviews with all functional leaders, • Elevate financial literacy and operational discipline across the company, • Translate complex financial data into clear, actionable insights for executives, • Foster a culture of ownership, speed, and accountabilityQualifications, • Operationally elite finance leader with deep accounting expertise, strategic range, and the ability to build scalable infrastructure in a fast-growth, omnichannel environment., • CPA required, with mastery of GAAP and complex accounting operations., • Proven ownership of full accounting cycles, audits, and a fast-close environment., • Extensive experience in FP&A, forecasting, capital planning, and financial modeling., • MBA strongly preferred; CFA or similar credential a plus, • Experience in retail, apparel, CPG, or multi-channel inventory-based businesses, • Builder's mindset — has scaled a finance org from scrappy to sophisticated, • Clear, concise communicator who translates complexity into actionable decisions, • High-output operator with extreme ownership and bias toward accuracy and speed, • Strategic partner who collaborates deeply with Ops, Growth, Merch, Supply Chain, and Retail/Wholesale, • Team developer with high standards who elevates financial literacy and discipline, • Thrives in fast-paced, evolving environments; comfortable being hands-on while driving strategy Unlimited PTO and sick time Health & Wellness * Company-paid medical, dental, and vision insurance * 100% employee premium coverage * 65% dependent premium coverage * $75/month Wellness Stipend * Free Employee Assistance Program (EAP) Work & Growth Support * $75/month Personal Workspace Stipend * $75/month Learning & Development Stipend Perks * $1,000/year True Classic merchandise allowance * 401(k) plan with 3% company match True Classic is proud to be an equal opportunity employer. We celebrate and support differences in race, religion, color, national origin, gender, sexual orientation, gender identity, age, veteran status, and abilities. If you need assistance or accommodation due to a disability, please contact Human Resources. About True Classic At True Classic, our purpose is simple: empower everyone to look good and feel good. Founded in 2019, we're a fast-growing apparel brand obsessed with fit, quality, and impact. But we're building more than great products—we're building a high-performance team where smart, driven people do meaningful work, move fast, and see the direct results of what they create. Everything we do is guided by the True Classic Operating System (TCOS)—the principles that shape how we work, make decisions, and win together: • Move the Needle – Our #1 value and the ultimate filter for decision-making. We focus on delivering tangible, measurable results that drive real business impact., • Paint the Picture – We set clear vision and help others see what great looks like., • Seek the Truth – We use data, customer insight, and curiosity to guide decisions., • Get 1% Better – We continuously improve how we work through strong systems and small wins., • Build Leverage – We maximize impact with the right mix of people, tools, automation, and AI., • Crush the Challenge – We surface problems early and take ownership to solve them., • Go Fast – We take initiative, move with urgency, and bias toward action., • Be Creative – We challenge the norm and find better ways to win.