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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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