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Hamra Jewelers

Hamra Jewelers is hiring: Head of Finance in Scottsdale

Hamra Jewelers, Scottsdale, AZ, US

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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

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.