Head of Finance
hace 1 día
Scottsdale
We are looking for an experienced, forward-thinking Head of Finance to join our executive team and serve as a strategic partner in our high-growth luxury jewelry business. This role combines financial strategy, hands-on leadership, technology implementation, and operational excellence to drive efficiency and transparency across revenue inputs and outputs. The ideal candidate has a proven background in luxury retail or high-end goods, experience leading finance in a multi-entity environment, and a track record of building systems, and reports from the ground up. This is not a sit-behind-the-desk role — we are looking for someone who is equally comfortable building a 13-week cash flow as they are rolling up their sleeves to solve a system reconciliation issue or working side-by-side with the store team to improve point-of-sale data accuracy. Core Responsibilities 1. Financial Planning & Analysis (FP&A) • Lead annual budgeting, forecasting, and strategic planning process for Hamra., • Develop dynamic financial models to evaluate business scenarios, capital needs, and pricing strategies., • Analyze gross margin trends, pricing strategies, product profitability, and expense efficiency., • Provide insightful monthly variance analysis with commentary and recommendations to ownership and department leaders. 2. Financial Reporting & Consolidation • Design, implement, and maintain a full suite of monthly, quarterly, and annual financial reports., • Manage entity-level and consolidated reporting, including intercompany eliminations and reconciliation (2 entities)., • Develop custom dashboards and KPIs (e.g., revenue per square foot, margin by product category, repair revenue trends)., • Ensure compliance with GAAP and internal accounting standards. 3. Accounting Operations & Controls • Oversee day-to-day accounting operations, including general ledger, AR, AP, bank reconciliations, fixed assets, and payroll oversight., • Manage and optimize the monthly close process to meet reporting deadlines with precision., • Maintain and strengthen internal controls, financial policies, and risk mitigation procedures., • Oversee cash management strategies, including vendor payments, receivables aging, and capital planning. 4. Inventory & Cost Accounting • Design and enforce inventory accounting procedures that align with retail, wholesale, and repair workflows., • Implement cycle count and shrinkage control practices.., • Track inventory valuations, cost of goods sold (COGS), and margins across multiple product lines and vendors (including consignment and luxury watch inventory like Rolex)., • Collaborate with sales and operations to improve turnover ratios and procurement strategies. 5. Systems, Technology, & Automation • Assess, select, and implement finance-related software and integrations (e.g., ERP, inventory systems, POS, payroll platforms)., • Spearhead technology adoption and automation projects to reduce manual processes and data fragmentation., • Partner with IT and department leaders to integrate front-end systems (POS, CRM, eCommerce) with back-end finance systems., • Ensure data integrity between systems such as QuickBooks, Sage Intacct, Lightspeed, Shopify, or WatchCSA. 6. Leadership & Team Development • Create accountability frameworks, training plans, and succession planning for the department., • Serve as a financial thought partner to the CEO and executive leadership team., • Foster a culture of transparency, accuracy, and continuous improvement. 7. Regulatory Compliance & Risk Management • Oversee financial compliance with state/local tax laws, sales/use tax, payroll tax, and regulatory filings., • Manage relationships with external auditors, banks, insurers, and legal counsel., • Lead due diligence and integration efforts for acquisitions or new entity launches. Qualifications & Experience • Bachelor’s degree in Accounting, Finance, or Business (required); MBA or CPA (strongly preferred)., • 8–12+ years of progressive financial leadership, ideally in retail, luxury goods, or multi-entity organizations., • Hands-on experience with inventory-heavy businesses and high-touch retail operations., • Proficient in Sage Intacct, QuickBooks Enterprise, NetSuite, Lightspeed, or comparable ERP systems., • Advanced Excel and financial modeling skills; experience building dashboards with Power BI or Tableau a plus., • Strong knowledge of GAAP, intercompany accounting, consolidations, and financial statement prep., • Demonstrated leadership in building and scaling a finance team and finance tech stack., • Excellent interpersonal, communication, and project management skills. Key Traits & Working Style • Strategic thinker with a hands-on, execution-oriented mindset., • High integrity, confidentiality, and professional judgment., • Obsessed with accuracy, accountability, and process improvement., • Able to thrive in a high-growth, high-expectation environment., • Comfortable leading change and challenging the status quo. Compensation & Benefits • Competitive base salary + performance bonus, • Health, dental, vision and other benefits, • Retirement plan options, • PTO and paid holidays, • A luxury work environment, • Monthly catered lunches About Us Hamra is a premier fine jewelry and luxury watch retailer and repair center serving a discerning clientele with world-class products and service. As an authorized dealer of Rolex and other high-end brands, we pride ourselves on precision, craftsmanship, and customer trust. We are poised for growth and looking for leaders who will help us scale with excellence.