Company:
Elegance Brands is a portfolio company focused on innovation in new beverages across two verticals, beverage alcohol, and non-alcohol (e.g.
energy drinks).
We have several world’s first innovations and brands.
Responsibilities:
Maintain positive in-depth relations, engage, and communicate with all members of the Executive Leadership Team and Board of Directors.
Experienced in equity and debt fundraising for growth and working capital management.
Review and analyze financial results and provide actionable recommendations.
Regulatory reporting and compliance with SEC, PCAOB, and senior exchanges Develop key performance indicators that support the company’s strategic direction.
Understand and mitigate key elements of the company’s risk profile through the implementation of policies, procedures, and controls.
Monitor cash balances and cash forecasts; ensure liquidity; arrange for debt and equity financing Assist in formulating the company’s future direction through providing input on the company’s business plan, commercial plan, financial and tax strategies, budgeting, and forecasting.
Create and establish yearly financial objectives/budgets that align with the company’s plan for growth and expansion.
Continuous assessment of actual financial performance against plan and update projections as business objectives change.
Implement and apply adequate internal control procedures to safeguard company assets, reputation, and customer/partner relationships.
Create and maintain full accounting and business records for the company in accordance with policies and procedures, legislation, and fiscal requirements.
Prepare and present monthly financial reporting package including income statement, balance sheet, cash flow, and KPIs in a comparable format to plan and prior period performance.
Select, engage, and manage consultants, auditors, tax advisors, bankers, lenders, investors, and other 3rd party advisors.
Oversee, develop, and enhance employee benefit plans, with particular emphasis on maximizing a cost-effective and comprehensive benefits package.
Monitor all open legal issues involving the company, and legal issues affecting the industry; ensure that the company complies with all legal and regulatory requirements.
Maintain appropriate insurance coverage.
Participate in the negotiation of key contracts with customers, suppliers, and partners.
Remain current and ensure compliance with changes in accounting, tax, and other industry-specific regulations.
Manage the integrity of data rooms and financial due diligence process for M&A activity, equity raises, and debt raises.
Effectively collaborate cross-functionally to drive operational improvements and efficiencies as the company scales.
Oversee the company’s ERP and other financial systems and/or subledgers.
Identify, acquire, and implement systems and software to provide critical financial and operational information.
Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Chief Financial Officer Requirements:
· BS degree in Business Administration, with a concentration in accounting or finance.
· Master’s in Business Administration preferred.
· Certified Public Accountant preferred.
· 10+ years of increasing financial leadership responsibility with experience in operational finance and FP&A at a high-growth company.
· Previous experience with IPO readiness and successful consummation of IPOs.
Chief Financial Officer Experience and Required Skills:
· Experience leading companies through equity and debt financing transactions.
· Outstanding knowledge and understanding of GAAP, SOX compliance and SEC reporting
· Experience reviewing and approving all Forms 8-K, 10-K, and 10-Q filings with the Securities and Exchange Commission.
· Experience managing the board of directors and investors along with external contacts such as auditors, tax accountants, investment bankers, industry analysts, strategic partners, customers, vendors, and other advisors.
· Significant experience working with external auditors, internal controls, and compliance-related issues.
Chief Financial Officer Knowledge and Abilities:
Public markets experience and experience working with auditors on PCAOB audits is mandatory for this position.
Must thrive in a fast-paced culture and have experience building strong teams and establishing systems and processes in a high-growth company.
Strong track record of managing high-performance teams.
Systems implementation experience strongly preferred.
Exceptional presentation and communication skills with a strong ability to influence.
Demonstrated leadership ability, confidence, and executive presence
– ability to motivate others.
Ability to collaborate closely with a performance-oriented executive team.
Excellent analytical, reasoning, and problem-solving skills.
Ability to synthesize information and come to conclusions quickly
No recruitment agencies
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