Director of Finance
Company: Thirty Three Threads
Location: Vista
Posted on: June 19, 2022
Job Description:
Thirty Three Threads was born on the 33rd parallel. - It echoes
the spirit of the active lifestyle so intrinsic to San Diego, our
home, and it is here that our story comes to life. - Our brands:
Tavi, ToeSox, Base33 and Vooray all reflect this synergy, although
each step boldly with its own unique personality.We define new
trends in the studio and beyond, driven by our customers' desire to
continually enhance their practice. - And, we dedicate our days to
innovating and creating high performance and premium, quality
products that allow them to lead the active lifestyle they choose
with the style they love. - We invite you to join our journey.About
UsThirty Three Threads, Inc, is a San Diego based luxury
performance lifestyle company that designs, produces, and
distributes branded, co-branded, and private label apparel, socks
and bags for fitness-minded people worldwide. The Company's brands
represent a lifestyle for people who are inspired by a passion for
fitness and personal improvement, whether in the studio, running,
training, or anyway you choose to sweat. The brands: TAVI, ToeSox,
BASE 33 and Vooray have authentic roots and heritage in barefoot
fitness such as yoga, barre, and Pilates. The Company's products
are sold in more than 7,000 doors in 65 countries.Why you should
join usThe company provides health insurance, paid time off and a
401k retirement plan to eligible employees. In addition, Thirty
Three Threads has a newly renovated office space with a modern open
floor plan, ergonomic sit-stand work areas, a brand new employee
fitness room, and an on-site caf-- to eat, work, have a coffee, or
just relax. We are pleased to offer the following perks to
employees:
- Hybrid workplace allowing employees to mix in office and home
based work (based on job functions and business needs)
- Paid holidays
- Paid half days biweekly on Fridays during the Summer
- Fitness classes, including Yoga, Barre, and Pilates (Both
virtually and in person depending on current safety protocols)
- Employee Discount on productsThe Finance Director contributes
to the overall success of the organization by effectively managing
all financial tasks for the organization. The following are
considered primary areas of focus:
- To implement & maintain sound accounting systems that ensures
the smooth operation of the organization and provide management
team with financial reports analysis and recommendations to make
solid business decisions affecting future outcomes.
- Play an ongoing role in the creation, execution and refinement
of profitable financial strategies designed to maximize
opportunities for the organization, while also ensuring excellence
in the company's day-to-day financial accounting, reporting,
analytical and planning functions, as well as the integration of
best practices.
- Responsible for the overall financial functions for the
company.is responsible for the oversight of all day-to-day
accounting functions as well as the reporting and analysis of the
general financial condition of the company.This position must
develop and implement efficient processes and procedures to ensure
an accurate, organized, and efficient environment that produces
financial statements that are consistent with US GAAP and company
policy.Duties and Responsibilities:
- Assist in setting up systems, processes, accounting structure,
and policies
- Benchmark, evaluate, recommend, customize and implement
Financial best practices that support the business direction, and
that promotes/enhances the desired outcomes, and ongoing maturity
of the desired culture.
- Work with Management to ensure that annual budgets are
completed no later than November 1st of each year
- Ensure that Thirty Three Threads closes its books within 15
days of end of each month with the exception of year end
- Provide final monthly reporting package by the 20th day of each
month to include:
- Provide monthly reporting package by the 20th day of each month
including the following:Income statement MTD compared to budget &
prior yearIncome statement YTD compared to budget & prior yearYTD +
BudgetBalance SheetCash FlowKPI's & other key monthly reporting
- Manage requirements for annual Compiled Statements
- Ensure that adequate internal controls are in place and working
correctly
- Maintain records for fixed assets
- Monitor expenses to ensure that value is maximized.
- Prepare reports and other tools and analyses as required by the
President.
- Oversee compliance and reporting for all tax filings
including:State sales taxLocal taxFederal / State income tax
- Assist the management team with continuous process improvement
and streamlining of operations and accounting processes, especially
as it relates to maximizing the efficiency and effectiveness of the
accounting department.
- Safeguard company's assets by creating and maintaining sound
internal control systems.
- Review weekly and monthly cash flow reports to take appropriate
action to ensure the cash flow is appropriately managed.Business
Knowledge, Skills, and Desired Attributes
- Financial leader with strong knowledge and experience in
accounting principles and practices
- Strong knowledge and experience in project pricing, costing and
financial analysis.
- Strong knowledge and experience in running Finance/Accounting
function/department
- Ability to ensure strict and absolute compliance with all
local, State and Federal government laws and regulations related to
wages, insurance, corporate revenues, expenses, profit and
taxes.
- A solid background in all areas of Accounting from A/P, A/R,
GL, Credit, Collections, Payroll, Budgeting, Financial Statement
preparation and analysis is necessary.
- Ability to plan and perform work independently.
- Strong communication skills
- Ability to work well with people from many different
disciplines, with varying degrees of financial
experienceRequirements
- 5+ years Finance & Accounting experience with a successful
track record and advancement, currently in a financial leadership
role for a high growth/fast paced company.
- 4 year undergraduate degree in Accounting or Finance
- Proficient with Microsoft office, SAP experience
desirableKnowledge, Skills and Abilities Required:
- Requirements: -Experience in all facets of accounting, accounts
payables and receivables. Very strong computer skills in MS Word,
Outlook, Excel, and PowerPoint are necessary. Demonstrated ability
to handle project diversity with enthusiasm and creativity
- To be considered for this position you must have the following
qualities: strong interpersonal skills; highly organized; detailed
oriented; professional and friendly demeanor; team player; able to
prioritize a heavy workload; flexible; analytical problem solving
skills; willingness to learn and contribute whenever help is
needed.
Keywords: Thirty Three Threads, Vista , Director of Finance, Executive , Vista, California
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