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Hamra Jewelers

Head of Finance

Hamra Jewelers, Scottsdale, Arizona, us, 85261

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We are looking for an experienced, forward-thinking Head of Finance to join our executive team and serve as a strategic partner in our high-growth luxury jewelry business. This role combines financial strategy, hands-on leadership, technology implementation, and operational excellence to drive efficiency and transparency across revenue inputs and outputs. The ideal candidate has a proven background in luxury retail or high-end goods, experience leading finance in a multi-entity environment, and a track record of building systems and reports from the ground up. This is not a sit-behind-the-desk role — we are looking for someone who is equally comfortable building a 13-week cash flow as they are rolling up their sleeves to solve a system reconciliation issue or working side-by-side with the store team to improve point-of-sale data accuracy. Core Responsibilities

Financial Planning & Analysis (FP&A)

Lead annual budgeting, forecasting, and strategic planning process for Hamra. Develop dynamic financial models to evaluate business scenarios, capital needs, and pricing strategies. Analyze gross margin trends, pricing strategies, product profitability, and expense efficiency. Provide insightful monthly variance analysis with commentary and recommendations to ownership and department leaders. Financial Reporting & Consolidation

Design, implement, and maintain a full suite of monthly, quarterly, and annual financial reports. Manage entity-level and consolidated reporting, including intercompany eliminations and reconciliation (2 entities). Develop custom dashboards and KPIs (e.g., revenue per square foot, margin by product category, repair revenue trends). Ensure compliance with GAAP and internal accounting standards. Accounting Operations & Controls

Oversee day-to-day accounting operations, including general ledger, AR, AP, bank reconciliations, fixed assets, and payroll oversight. Manage and optimize the monthly close process to meet reporting deadlines with precision. Maintain and strengthen internal controls, financial policies, and risk mitigation procedures. Oversee cash management strategies, including vendor payments, receivables aging, and capital planning. Inventory & Cost Accounting

Design and enforce inventory accounting procedures that align with retail, wholesale, and repair workflows. Implement cycle count and shrinkage control practices. Track inventory valuations, cost of goods sold (COGS), and margins across multiple product lines and vendors (including consignment and luxury watch inventory like Rolex). Collaborate with sales and operations to improve turnover ratios and procurement strategies. Systems, Technology, & Automation

Assess, select, and implement finance-related software and integrations (e.g., ERP, inventory systems, POS, payroll platforms). Spearhead technology adoption and automation projects to reduce manual processes and data fragmentation. Partner with IT and department leaders to integrate front-end systems (POS, CRM, eCommerce) with back-end finance systems. Ensure data integrity between systems such as QuickBooks, Sage Intacct, Lightspeed, Shopify, or WatchCSA. Leadership & Team Development

Create accountability frameworks, training plans, and succession planning for the department. Serve as a financial thought partner to the CEO and executive leadership team. Foster a culture of transparency, accuracy, and continuous improvement. Regulatory Compliance & Risk Management

Oversee financial compliance with state / local tax laws, sales / use tax, payroll tax, and regulatory filings. Manage relationships with external auditors, banks, insurers, and legal counsel. Lead due diligence and integration efforts for acquisitions or new entity launches. Qualifications & Experience

Bachelor’s degree in Accounting, Finance, or Business (required); MBA or CPA (strongly preferred). 8–12+ years of progressive financial leadership, ideally in retail, luxury goods, or multi-entity organizations. Hands-on experience with inventory-heavy businesses and high-touch retail operations. Proficient in Sage Intacct, QuickBooks Enterprise, NetSuite, Lightspeed, or comparable ERP systems. Advanced Excel and financial modeling skills; experience building dashboards with Power BI or Tableau a plus. Strong knowledge of GAAP, intercompany accounting, consolidations, and financial statement prep. Demonstrated leadership in building and scaling a finance team and finance tech stack. Excellent interpersonal, communication, and project management skills. Key Traits & Working Style

Strategic thinker with a hands-on, execution-oriented mindset. High integrity, confidentiality, and professional judgment. Obsessed with accuracy, accountability, and process improvement. Able to thrive in a high-growth, high-expectation environment. Comfortable leading change and challenging the status quo. Compensation & Benefits

Competitive base salary + performance bonus Health, dental, vision and other benefits Retirement plan options PTO and paid holidays A luxury work environment Monthly catered lunches About Us

Hamra is a premier fine jewelry and luxury watch retailer and repair center serving a discerning clientele with world-class products and service. As an authorized dealer of Rolex and other high-end brands, we pride ourselves on precision, craftsmanship, and customer trust. We are poised for growth and looking for leaders who will help us scale with excellence.

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