finance manager - Los Angeles, United States - SBH Fashion

Description

Mid to Senior Level
Mid to Senior Level (Management)

FINANCE MANAGER

Italian luxury fashion brand lifestyle collection known for modern femininity and sophistication is hiring a Finance Manager based out of Los Angeles

Key Accountabilities:

Financial Planning and Analysis:

• Develop and maintain financial models to forecast company performance and financial health.
• Analyze financial data and provide insights to support strategic decision-making.
• Monitor key financial metrics and KPIs to track performance against targets.

Budgeting and Forecasting:

• Lead the annual budgeting process, collaborating with the local and HQ team.
• Prepare regular forecasts to anticipate financial trends and variances.
• Identify opportunities for cost optimization and efficiency improvements.
• Prepare accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
• Ensure compliance with accounting standards and regulatory requirements.
• Present financial reports to senior management and stakeholders, providing insights and recommendations.

Cash Flow Management:

• Manage cash flow and liquidity to support daily operations and strategic initiatives.
• Optimize working capital and oversee accounts payable and receivable processes.
• Implement cash flow forecasting techniques to mitigate risks and maximize financial stability.

Treasury:

• Maintaining and reconciling bank accounts
• Coordinating transfers/payments

Risk Management and Compliance:

• Identify financial risks and implement strategies to mitigate them.
• Ensure compliance with tax regulations, financial laws, and reporting requirements.
• Collaborate with legal and compliance teams to address any financial or regulatory issues.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field. MBA or CPA certification is a plus.
• Minimum of 5 years of experience in finance or accounting roles, preferably in the fashion industry or related consumer goods sector.
• Strong knowledge of US GAAP and local tax regulations.
• Experience establishing and managing the financial operations of a subsidiary or branch office.
• Strong financial modeling, analytical, and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to build relationships with stakeholders at all levels.
• Proficiency in financial management software and tools.
• Ability to work independently and collaboratively in a fast-paced environment.
• Knowledge of Italian language or previous experience working with Italian brands is beneficial but not required.