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Director of Finance

Shinola

Shinola

Accounting & Finance
Detroit, MI, USA
Posted on Thursday, May 9, 2024

Position Type: Full-time (salary)
Location:
Detroit, Michigan
Reports to: Vice President of Finance

About Us

At Shinola, we make beautiful, enduring, handcrafted goods that are built to be lived in, worn out, and well-loved. Our thoughtful craftsmanship, timeless design, and spirited stories inspire our customers to live well, with confidence & joy—in a style that is uniquely their own! Because we are a growing and evolving company, each employee is a key stakeholder, making decisions every day that directly impact our overall vision and direction. At Shinola, you’ll have the opportunity to make a significant contribution at the start of what we believe will become an iconic American brand.

About the Role

This position reports directly to the VP of Finance for Bedrock Manufacturing Company, LLC (“BMC”) and is responsible for oversight and management of accounting and reporting, internal controls over financial reporting, budgets, 13-week cash flow forecasts, tax and banking compliance, and period end close activities required of the Shinola Finance department. This role will directly oversee the Accounting Manager (along with a team of two accountants) and will have shared oversight over the parent company’s financial processes and elements of consolidation. This role will also work closely with other department heads and leaders throughout the company.

Our Finance Director will be an individual of high character and integrity with a passion for organizational growth and team development. We are looking for a high energy, solution oriented financial leader who collaborates easily with leaders from other departments to drive process efficiency and execute strategic goals of the organization. A desirable candidate should also have proven experience developing finance professionals with diverse skill sets. Shinola is a fast-paced, growing company so a candidate who can challenge the status quo and think outside the box is essential. Strong communication skills are also a must.

Responsibilities

  • Oversee the month-end, quarter-end, and year-end close process, ensure timely and accurate financial reporting and provide financial insights on performance to leadership
  • Manage cash flows utilizing the 13-week forecast and full year forecasts to set expectations on the businesses uses and sources of cash
  • Reconcile cash requirements to the merchants’ open to buy plan, identifying and resolving discrepancies on a timely basis
  • Prepare monthly collateral and loan compliance reporting to the bank
  • Ensure tax compliance on all financial functions
  • Technical accounting research and position papers on material transactions
  • Ensure internal controls over financial reporting are documented, in place and operating effectively
  • Documentation and maintenance of accounting policies
  • Work closely with finance leaders within the Bedrock family of companies to drive timely consolidation of financial records and collaboratively share best practices
  • Leverage the finance team and inputs/direction from business leaders to prepare budgets, forecasts, and long-range plans
  • Oversee consolidation and manage the financial transactions of the parent company
  • Proactively engage in the ERP implementation ensuring better automation, greater efficiency, and an improved control environment are at the forefront of the project
  • Perform and/or build routine and ad hoc financial reports that provide advanced insights into company performance leveraging BI and other analytical tools as necessary
  • Serve as the relationship point person for the year end audit and ensure PBC deliverables are provided by the team to the auditors on a timely basis

Qualifications

  • 8+ years of finance experience required
  • Experience managing teams of finance professionals required
  • Strong proficiency in Microsoft Excel and other Office products
  • Integrity, honesty, and high ethical standards
  • Excellent written and verbal skills
  • Four-year degree in accounting or finance required
  • Masters in Business (or Accounting) and CPA licensure strongly preferred

Summary of Our Total Rewards Program

  • Paid Time-Off
    • 10 Corporate Holidays
    • 15 Vacation days (accrued)
    • 2 Volunteer days
  • Benefits
    • Medical, dental & vision - click here to view our full package!
    • 401k with company match
    • Employee assistance program
    • Pet Insurance
    • Merchandise discounts
    • Complimentary employee watch

At Shinola, we're committed to growing and empowering an inclusive community within our company and industry. This is why we hire and cultivate diverse teams of the best and brightest from all backgrounds, experiences, and perspectives across our organization. Research shows that oftentimes women and other minority groups only apply to open roles if they meet 100% of the listed criteria. Shinola encourages everyone to apply for our available positions, even if they don't necessarily check every box on the job description.