La Jolla Group
Finance Manager
La Jolla Group, Irvine, California, United States, 92713
Company Introduction
The La Jolla Group is a worldwide leader in the action sports apparel business segment with a fast paced, high-energy environment that is continually on the move. With prominent brands such as O'Neill, PSD Underwear, Mountain Khakis, Sol Angeles, and Hang Ten, La Jolla Group has proved to be a builder of great brands, a creator of innovative products, and a master of operational excellence.
Our team enjoys flexibility with a hybrid schedule of in-office and remote work. We offer awesome discounts on our clothing brands, early release Fridays (2:00pm), occasional employer provided lunches, year-round fun events as well as a full benefits package!We believe our employees are our strongest asset and invest in their growth by focusing on developing their strengths.
General Summary
The Finance Manager will report to the VP of Finance and will be an integral part of the success of the company's financial outcome. The role will be responsible for overseeing the financial operations of the business, reporting and forecasting. This role will work closely with multiple departments to meet the company's financial goals.
Essential Job FunctionsPerform monthly P&L and departmental review with cross functional teams, provide profitability insights to drive profitable growth and mitigate riskPrepare and consolidate accurate monthly forecast, annual budget, and strategic plans, working closely with Sales, Marketing, Planning and OperationsAnalyze results by providing explanations on key P&L drivers for the month vs. forecast, budget and prior year including customer and product channel/mix, IT spend along with advertising and promotions. Commentary should be insightful and conducive to management action to improve performanceDigging into the numbers to find new opportunities or patterns to explain the "what and why" behind performance. Seek improvement, develop a plan of action, and led cross-functional terms to implement changesSupport managing and optimizing working capital including inventory. This includes establishing product life-cycle expectations and monitoring excess & obsolete inventory and establishing sell-through recommendationsLiaise with Cost Accounting to summarize impacts of standard costs and manufacturing variances for historical, current, and future key material costsAnalyze proposed advertising, promotional spend with pre- and post-activity ROI analytics to help inform current and future decisionsWork in conjunction with Product and Demand Planning to establish MSRP and category pricing based on market conditions, brand strength, product benefits, cost inputs and the competitive landscapeContinually monitor and understand current cash position and accurately forecast/model forward cash flowOversee analysis and provide recommendations for capital expenditures for new business and replacement capital; evaluate and recommend appropriate financing method (e.g. buy vs. lease)Activities include developing forecasts, preparing financials, calculating project return metrics, analyze changes vs. previous updatesIdentify gaps, and lead improvement projects, partnering with key stakeholdersProvide thought leadership and analytical rigor to support profitable growth strategies at a product and/or brand levelRequired Knowledge, Skills, and Abilities
Strong systems experience (expertise in Microsoft Excel, Aptean, Netsuite)Knowledge and experience in data integrity across all systems (Full Circle, Qlik, Adaptive)Strong analytical and problem-solving skillsAbility to prioritize tasks in a fast-paced environment under tight deadlinesAttention to detail and accuracy in all aspectsExcellent time management, organizational and communication skills requiredSelf-Starter with strong work ethicSkill in coaching, training, and performance evaluating employeesAbility to communicate professionally with coworkers, customers, and vendorsAbility to organize daily activities of self and others and to work as a team playerRequired Education and Experience
Bachelor's degree in Finance or related field, MBA preferred3-7 years' experience in Finance with 2-4 years' experience in Retail or WholesaleExperience working with sales, marketing and supply chain teams
Physical Requirements
Seeing: Must be able to see well enough to read reports.Hearing: Must be able to hear well enough to communicate with customers, vendors and employees.Climbing/Stooping/Kneeling: Must be able to stoop or kneel to pick up products.Lifting/Pulling/Pushing: Must be able to lift up to 10 pounds.Fingering/Grasping/Feeling: Must be able to type and use technical sources.
La Jolla Group provides equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification. Equal employment opportunity includes, but is not limited to, hiring, training, promotion, demotion, transfer, leaves of absence, and termination. La Jolla Group takes allegations of discrimination, harassment, and retaliation seriously and will promptly investigate when such behavior is reported.
Note: The statements herein are intended to describe the general nature and level of work being performed, but are not to be seen as a complete list of responsibilities, duties, and skills required of personnel so classified. Also, they do not establish a contract for employment and are subject to change at the discretion of the employer.
#LI-CR1 #LI-Hybrid
The La Jolla Group is a worldwide leader in the action sports apparel business segment with a fast paced, high-energy environment that is continually on the move. With prominent brands such as O'Neill, PSD Underwear, Mountain Khakis, Sol Angeles, and Hang Ten, La Jolla Group has proved to be a builder of great brands, a creator of innovative products, and a master of operational excellence.
Our team enjoys flexibility with a hybrid schedule of in-office and remote work. We offer awesome discounts on our clothing brands, early release Fridays (2:00pm), occasional employer provided lunches, year-round fun events as well as a full benefits package!We believe our employees are our strongest asset and invest in their growth by focusing on developing their strengths.
General Summary
The Finance Manager will report to the VP of Finance and will be an integral part of the success of the company's financial outcome. The role will be responsible for overseeing the financial operations of the business, reporting and forecasting. This role will work closely with multiple departments to meet the company's financial goals.
Essential Job FunctionsPerform monthly P&L and departmental review with cross functional teams, provide profitability insights to drive profitable growth and mitigate riskPrepare and consolidate accurate monthly forecast, annual budget, and strategic plans, working closely with Sales, Marketing, Planning and OperationsAnalyze results by providing explanations on key P&L drivers for the month vs. forecast, budget and prior year including customer and product channel/mix, IT spend along with advertising and promotions. Commentary should be insightful and conducive to management action to improve performanceDigging into the numbers to find new opportunities or patterns to explain the "what and why" behind performance. Seek improvement, develop a plan of action, and led cross-functional terms to implement changesSupport managing and optimizing working capital including inventory. This includes establishing product life-cycle expectations and monitoring excess & obsolete inventory and establishing sell-through recommendationsLiaise with Cost Accounting to summarize impacts of standard costs and manufacturing variances for historical, current, and future key material costsAnalyze proposed advertising, promotional spend with pre- and post-activity ROI analytics to help inform current and future decisionsWork in conjunction with Product and Demand Planning to establish MSRP and category pricing based on market conditions, brand strength, product benefits, cost inputs and the competitive landscapeContinually monitor and understand current cash position and accurately forecast/model forward cash flowOversee analysis and provide recommendations for capital expenditures for new business and replacement capital; evaluate and recommend appropriate financing method (e.g. buy vs. lease)Activities include developing forecasts, preparing financials, calculating project return metrics, analyze changes vs. previous updatesIdentify gaps, and lead improvement projects, partnering with key stakeholdersProvide thought leadership and analytical rigor to support profitable growth strategies at a product and/or brand levelRequired Knowledge, Skills, and Abilities
Strong systems experience (expertise in Microsoft Excel, Aptean, Netsuite)Knowledge and experience in data integrity across all systems (Full Circle, Qlik, Adaptive)Strong analytical and problem-solving skillsAbility to prioritize tasks in a fast-paced environment under tight deadlinesAttention to detail and accuracy in all aspectsExcellent time management, organizational and communication skills requiredSelf-Starter with strong work ethicSkill in coaching, training, and performance evaluating employeesAbility to communicate professionally with coworkers, customers, and vendorsAbility to organize daily activities of self and others and to work as a team playerRequired Education and Experience
Bachelor's degree in Finance or related field, MBA preferred3-7 years' experience in Finance with 2-4 years' experience in Retail or WholesaleExperience working with sales, marketing and supply chain teams
Physical Requirements
Seeing: Must be able to see well enough to read reports.Hearing: Must be able to hear well enough to communicate with customers, vendors and employees.Climbing/Stooping/Kneeling: Must be able to stoop or kneel to pick up products.Lifting/Pulling/Pushing: Must be able to lift up to 10 pounds.Fingering/Grasping/Feeling: Must be able to type and use technical sources.
La Jolla Group provides equal employment opportunities to all qualified individuals without regard to race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification. Equal employment opportunity includes, but is not limited to, hiring, training, promotion, demotion, transfer, leaves of absence, and termination. La Jolla Group takes allegations of discrimination, harassment, and retaliation seriously and will promptly investigate when such behavior is reported.
Note: The statements herein are intended to describe the general nature and level of work being performed, but are not to be seen as a complete list of responsibilities, duties, and skills required of personnel so classified. Also, they do not establish a contract for employment and are subject to change at the discretion of the employer.
#LI-CR1 #LI-Hybrid