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    Financial Planning - New York, United States - Momofuku

    Momofuku
    Momofuku New York, United States

    2 weeks ago

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    Description
    Momofuku

    Founded by chef David Chang, Momofuku's mission is to challenge the conventions of food - in restaurants and beyond. We launched our line of Asian pantry essentials in 2020 to bring restaurant flavors to home cooks everywhere. Since then, we have grown our team to more than 30 employees and our products can now be found nationwide - from our owned ecommerce marketplace to the shelves at grocery stores like Whole Foods and Target.

    The Financial Planning & Analysis (FP&A) Manager contributes to the success of Momofuku Goods by preparing all the financial reporting requirements with thoughtful analysis across many facets of the business. This position will play a key role within the finance and accounting team. The FP&A Manager should be comfortable and excited to push forward the budgeting & forecasting process, as well as the models for different scenarios and strategies for the business. They will also create materials for internal managers, investors, and board members. This individual is eager to work in a highly collaborative and visible position.

    Compensation Band: $125,000 - $135,000 annually

    Only New York, New Jersey, Virginia, Texas, Arizona, Ohio, and California applicants

    What's in it for you?

    Momofuku features an ever-changing, evolving menu, with limitless opportunities for creativity. We offer competitive pay and a comprehensive benefits package, including vision/dental/medical and gym and commuter discounts, plus more after required wait periods. We encourage our employees to grow and learn, and offer many opportunities for personal and career development.

    Responsibilities:
    • Push the budgeting, re-forecasting, and long-range 3 statement model across the company
    • Manage the production of all financial reporting materials along with analysis and commentary on a monthly, quarterly, and annual cadence while highlighting key trends and variances for executive leadership, investors and the board
    • Develop strong relationships with various stakeholders to understand key drivers that impact the Profit & Loss (P&L) and Key Performance Indicators (KPIs) for various channels of the business
    • Act as a finance liaison to other teams (i.e. Sales, Direct-to-Consumer, Operations & Supply Chain, IT, Marketing) to provide financial planning guidance and departmental spend (as necessary)
    • Generate unit economics and margin analysis for new products, new markets, cost & price changes, and other variables
    • Perform and critique economic Return on Investment (ROI) evaluations across all spend and investment
    • Maintain and continuously improve and develop weekly dashboards and monthly reporting
    • Manage and collaborate with outsourced accounting/finance company as well as external accountants (as necessary)
    • Be a champion user in in every facet of NetSuite
    • Provide support on accounting elements of the business with vendors, bank, and retailers (as necessary)
    • Identify business needs and provide detailed proposals on strategies to promote and encourage the financial growth of the business
    Required Qualifications:
    • Bachelor's degree in Finance, Accounting or Business
    • 4+ years FP&A and/or commercial finance & accounting experience
    • Consumer Packaged Goods (CPG) experience
    • Excellent Excel capabilities, including the ability to manage and maintain tables and various databases
    • Excellent presentation skills (PowerPoint specifically)
    Preferred Qualifications:
    • Experience with Enterprise Resource Planning (ERP) system, preferably NetSuite
    • CPG startup experience
    • Advanced Excel (i.e. VBA, macros) and financial modeling experience
    • Proven track record of critical thinking and business intuition resulting in effective financial management
    • Demonstrated knowledge and understanding of the inner workings of Momofuku's Finance team, systems, and processes
    Physical Demands:
    • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential function of this job. While performing the duties of this job, the employee is regularly required to sit for extended periods of time. The employee is frequently required to use hands and fingers to use the computer keyboard, writing and the answering phone.
    The duties of this position may change from time to time. Momofuku reserves the right to add or delete duties and responsibilities at the discretion of Momofuku or its managers. This job description is intended to describe the general level of work being performed. It is not intended to be all-inclusive.

    Momofuku is proud to be an Equal Opportunity Employer.We do not discriminate on the basis of race, color, creed, religion, gender (including gender identity or expression), pregnancy, childbirth or related medical conditions, sexual orientation, marital status, domestic violence, sexual violence or stalking victim status, ancestry, national origin, alienage or citizenship, age, disability, military or veteran status, genetic information or predisposing genetic characteristic, or other protected status.
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