WARDROBE.NYC
Founded in 2017 by Josh Goot and Christine Centenera, WARDROBE.NYC is the world’s leading luxury essentials concept. Born as a radical new alternative to the fashion system, WARDROBE.NYC aims to address the relentless design, production, and consumption cycle endemic to the industry.
Inspired to create the ultimate wardrobes for those with shared values and aesthetic, Josh & Christine created a timeless and honest expression of what luxury dressing can be.
WARDROBE.NYC represents practical urban minimalism — crafted with the finest Italian textiles and made in Europe. “Our experience in the industry has led us to think about a better and more egalitarian way to practice the elements of design and communication that we love, and at the same time, improve the business model so that it\'s more efficient and less wasteful.”
Position Overview
We are seeking a Finance Director to drive financial strategy and operations as we scale our unique wardrobe essentials business. Key Responsibilities
Strategic Financial Leadership
Partner with founders and executive team to develop and execute financial strategy Lead annual budgeting and quarterly forecasting processes Develop financial models for new business initiatives and market expansion Create and maintain rolling cash flow forecasts Manage relationships with investors, banks, and financial partners Develop financial models for drop-based inventory management Create pricing strategies for limited edition releases Forecast cash requirements for production cycles Analyze performance metrics for each drop Optimize working capital for seasonal collections Oversee all day-to-day financial operations Implement cost control measures across the organization Ensure compliance with accounting standards and regulations Budgets, Operations & Analysis
Partner with department heads to develop and track departmental budgets Implement standardized cost tracking and reporting systems by department Establish monthly financial review processes with department heads Lead quarterly business reviews focusing on operational KPIs and financial metrics Oversee monthly close process and financial reporting Accounts Receivable
Develop and implement robust AR tracking systems Create standardized processes for regular reconciliation of wholesale accounts Establish clear aging reports and collection procedures for outstanding invoices Design and implement an early warning system for potential payment issues Create and maintain aging receivables recovery procedures Work with wholesale team to set appropriate terms Develop cash flow forecasting models based on collection patterns Accounts Payable
Develop and implement streamlined accounts payable processes to optimize cash flow management Establish clear approval hierarchies and payment authorization protocols Create standardized procedures for invoice processing, approval workflows, and payment scheduling Develop reporting tools to provide visibility into upcoming payment obligations and cash requirements Implement policies for capturing early payment discounts where financially advantageous Coordinate with teams to align payment schedules with company calendar Lead regular reconciliations with external book-keepers Develop contingency planning for managing cash flow constraints during seasonal production cycles Create a culture of fiscal management and discipline across the organization Develop financial planning capabilities across the organization Train department heads on budget management and tracking Create financial policies and procedures Mentor junior finance team members Investor Relations & Capital Strategy
Develop investor reporting packages and dashboards Create financial models for fundraising rounds Prepare and deliver investor presentations and quarterly updates Develop and track key performance indicators important to investors Maintain cap table and equity management systems Prepare financial documentation for board meetings Organizational Structure
Reports To Operations Director Direct Reports External Book-Keeper External Accountant Required Qualifications & Technical Skills
Qualified accountant (CPA, CA, ACCA or equivalent) 10+ years of finance experience, with +5 years in luxury fashion or DTC brands Strong experience with direct-to-consumer business models Experience with international operations and multiple currencies Advanced Excel and financial modeling skills Experience with ERP systems, especially RLM Experience with e-commerce platforms, especially Shopify Plus & Global-E Proven track record in cross-functional financial leadership Experience in managing wholesale accounts receivable Success Metrics (First 12 Months)
Implement enhanced financial reporting systems Develop sophisticated drop-based financial planning tools Establish departmental budget ownership Optimize working capital management Enhance financial forecasting accuracy Develop comprehensive investor relations strategy and reporting Compensation & Benefits
Salary ranges from $150k/yr - $175k/yr based on relevant skills and experience Performance Bonus Equity Participation Generous Paid Company Holiday & Time Off plans Health Insurance (Medical, Vision, and Dental) Employee Clothing Allowance WARDROBE.NYC is an equal opportunity employer committed to diversity and inclusion in the workplace. Seniority level
Director Employment type
Full-time Job function
Finance and Sales Industries
Retail Apparel and Fashion
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We are seeking a Finance Director to drive financial strategy and operations as we scale our unique wardrobe essentials business. Key Responsibilities
Strategic Financial Leadership
Partner with founders and executive team to develop and execute financial strategy Lead annual budgeting and quarterly forecasting processes Develop financial models for new business initiatives and market expansion Create and maintain rolling cash flow forecasts Manage relationships with investors, banks, and financial partners Develop financial models for drop-based inventory management Create pricing strategies for limited edition releases Forecast cash requirements for production cycles Analyze performance metrics for each drop Optimize working capital for seasonal collections Oversee all day-to-day financial operations Implement cost control measures across the organization Ensure compliance with accounting standards and regulations Budgets, Operations & Analysis
Partner with department heads to develop and track departmental budgets Implement standardized cost tracking and reporting systems by department Establish monthly financial review processes with department heads Lead quarterly business reviews focusing on operational KPIs and financial metrics Oversee monthly close process and financial reporting Accounts Receivable
Develop and implement robust AR tracking systems Create standardized processes for regular reconciliation of wholesale accounts Establish clear aging reports and collection procedures for outstanding invoices Design and implement an early warning system for potential payment issues Create and maintain aging receivables recovery procedures Work with wholesale team to set appropriate terms Develop cash flow forecasting models based on collection patterns Accounts Payable
Develop and implement streamlined accounts payable processes to optimize cash flow management Establish clear approval hierarchies and payment authorization protocols Create standardized procedures for invoice processing, approval workflows, and payment scheduling Develop reporting tools to provide visibility into upcoming payment obligations and cash requirements Implement policies for capturing early payment discounts where financially advantageous Coordinate with teams to align payment schedules with company calendar Lead regular reconciliations with external book-keepers Develop contingency planning for managing cash flow constraints during seasonal production cycles Create a culture of fiscal management and discipline across the organization Develop financial planning capabilities across the organization Train department heads on budget management and tracking Create financial policies and procedures Mentor junior finance team members Investor Relations & Capital Strategy
Develop investor reporting packages and dashboards Create financial models for fundraising rounds Prepare and deliver investor presentations and quarterly updates Develop and track key performance indicators important to investors Maintain cap table and equity management systems Prepare financial documentation for board meetings Organizational Structure
Reports To Operations Director Direct Reports External Book-Keeper External Accountant Required Qualifications & Technical Skills
Qualified accountant (CPA, CA, ACCA or equivalent) 10+ years of finance experience, with +5 years in luxury fashion or DTC brands Strong experience with direct-to-consumer business models Experience with international operations and multiple currencies Advanced Excel and financial modeling skills Experience with ERP systems, especially RLM Experience with e-commerce platforms, especially Shopify Plus & Global-E Proven track record in cross-functional financial leadership Experience in managing wholesale accounts receivable Success Metrics (First 12 Months)
Implement enhanced financial reporting systems Develop sophisticated drop-based financial planning tools Establish departmental budget ownership Optimize working capital management Enhance financial forecasting accuracy Develop comprehensive investor relations strategy and reporting Compensation & Benefits
Salary ranges from $150k/yr - $175k/yr based on relevant skills and experience Performance Bonus Equity Participation Generous Paid Company Holiday & Time Off plans Health Insurance (Medical, Vision, and Dental) Employee Clothing Allowance WARDROBE.NYC is an equal opportunity employer committed to diversity and inclusion in the workplace. Seniority level
Director Employment type
Full-time Job function
Finance and Sales Industries
Retail Apparel and Fashion
#J-18808-Ljbffr