VP, Finance

SUMMARY: 

The Head of Finance will play a key leadership role, working closely with the CEO, board and executive team to achieve the company’s growth and profitability objectives.  Responsibilities include: financial strategy, financial planning and analysis, financial reports, company audits, compliance, capital raising, treasury, day-to-day accounting, forecasting and bank relationships. The ideal candidate is collaborative, results-oriented leader with extensive financial planning experience within the DTC and retail industry.  

Reports to: CEO

Location: Los Angeles (in office Tu/Thur and as needed)

What You’ll Do:

• Provide financial and analytical leadership for short and long range planning initiatives in partnership with leadership team
• Develop financial models that reflect and aligned approach between business initiatives, investment/capital expenditure strategy and profitability goals
• Prepare retail store pro-forma P&Ls and scenario analysis
• Evaluate partnerships and support negotiation of partner terms and conditions and new business models
• Develop rolling financial forecast including revenue, margin and operating expenses; as well as analyze key drivers of actual performance versus forecast/budget. Drive high level of accountability and ownership with business leaders on performance management
• Lead and mentor finance and accounting teams
• Support preparation of weekly/monthly/quarterly financial business reviews and other reporting for leadership team and Board.
• Identify opportunities to elevate existing process and tools to support long-term sustainable growth
• Ad hoc analysis to assist in management decision making

Who You Are:

• Bachelors degree in Business, Finance, Accounting or Economics
• MBA or CPA preferred
• 7-10+ years experience in Retail FInance, Financial Planning, Business Planning or similar experience
• Previous experience in Consumer Products or DTC Brands highly desirable
• Strategic Vision

What You’ll Get:

• Free bedding for a great night’s sleep, an awesome discount and $300 worth of free product a year!
• Health, dental and vision benefits with 100% employee coverage offering
• Flexible vacation packages
• 401k 
• Competitive salary and stock options

Parachute takes a market-based approach to pay, and pay may vary depending on your location. Your actual base salary will depend on factors such as your skills, qualifications, experience, and work location. The estimated pay range for this role is $160,000 - $220,000.

About Us

Our belief is that when we take care of our home, it takes care of us. Home is an extension of the self. It offers a sense of belonging and welcomes all with ease and warmth. It's where we recharge, wash off the day and rest up for tomorrow. Home is the most comforting word there is. That’s why they say there’s no place like it. The unmistakable feeling of home is what inspired us to create Parachute. To responsibly make essential, lasting items that transform a house into so much more.

Parachute was certified as a great place to work! Check us out here
Our Commitment to You

We believe in the power of a diverse workplace. Which is why we are committed to actively recruiting and hiring people of all races, religions, colors, national origins, genders, gender identities or expressions, sexual orientations, ages, marital statuses, veteran statuses and disability statuses. As an equal opportunity employer, we celebrate diversity and foster an inclusive environment by committing to diverse hiring practices, encouraging education and communication and building a DE&I enrichment and training program.

Ensure your Parachute Home job offer is legitimate and don't fall victim to fraud. Parachute never seeks payment from job applicants. Parachute recruiters will only reach out to applicants from an @parachutehome.com email address. For added security, where possible, apply through our company website at www.parachutehome.com/careers.