Finance Director
WARDROBE.NYC
About WARDROBE.NYC
Founded in 2017 by Josh Goot and Christine Centenera, WARDROBE.NYC is the world’s leading luxury essentials concept. Born as a radical new alternative to the fashion system, WARDROBE.NYC aims to address the relentless design, production, and consumption cycle endemic to the industry.
Inspired to create the ultimate wardrobes for those with shared values and aesthetic, Josh & Christine created a timeless and honest expression of what luxury dressing can be.
WARDROBE.NYC represents practical urban minimalism — crafted with the finest Italian textiles and made in Europe. “Our experience in the industry has led us to think about a better and more egalitarian way to practice the elements of design and communication that we love, and at the same time, improve the business model so that it's more efficient and less wasteful.”
Position Overview
We are seeking a Finance Director to drive financial strategy and operations as we scale our unique wardrobe essentials business.
Key Responsibilities
Strategic Financial Leadership
· Partner with founders and executive team to develop and execute financial strategy
· Lead annual budgeting and quarterly forecasting processes
· Develop financial models for new business initiatives and market expansion
· Create and maintain rolling cash flow forecasts
· Manage relationships with investors, banks, and financial partners
Financial Planning
· Develop financial models for drop-based inventory management
· Create pricing strategies for limited edition releases
· Forecast cash requirements for production cycles
· Analyze performance metrics for each drop
· Optimize working capital for seasonal collections
Cost Control & Efficiency
· Oversee all day-to-day financial operations
· Implement cost control measures across the organization
· Lead external audit processes
· Ensure compliance with accounting standards and regulations
Operations & Analysis
· Partner with department heads to develop and track departmental P&Ls
· Implement standardized cost tracking and reporting systems by department
· Establish monthly financial review processes with department heads
· Lead quarterly business reviews focusing on operational KPIs and financial metrics
· Oversee monthly close process and financial reporting
Design Budgets
· Work with Design and Development teams to:
· Develop collection budgets and cost targets
· Create financial guardrails for design and development
· Analyze profitability by collection and style
· Optimize sample and development costs
· Establish financial metrics for design performance
Accounts Receivable
· Develop and implement robust AR + AP tracking systems
· Create standardized processes for regular reconciliation of wholesale accounts
· Establish clear aging reports and collection procedures for outstanding invoices
· Design and implement an early warning system for potential payment issues.
· Create and maintain aging receivables recovery procedures.
· Work with wholesale team to set appropriate terms
· Improve monthly reporting templates for receivables status
· Develop cash flow forecasting models based on collection patterns
Accounts Payable
· Develop and implement streamlined accounts payable processes to optimize cash flow management
· Establish clear approval hierarchies and payment authorization protocols
· Create standardized procedures for invoice processing, approval workflows, and payment scheduling
· Develop reporting tools to provide visibility into upcoming payment obligations and cash requirements
· Implement policies for capturing early payment discounts where financially advantageous
· Coordinate with Production and Operations teams to align payment schedules with production calendars
· Lead regular reconciliations with external book-keepers
· Oversee month-end closing processes related to accounts payable
· Develop contingency planning for managing cash flow constraints during seasonal production cycles
Team Leadership
· Build and lead the finance team
· Develop financial planning capabilities across the organization
· Train department heads on budget management and tracking
· Create financial policies and procedures
· Mentor junior finance team members
Investor Relations & Capital Strategy
· Develop investor reporting packages and dashboards
· Create financial models for fundraising rounds
· Lead financial due diligence processes
· Prepare and deliver investor presentations and quarterly updates
· Develop and track key performance indicators important to investors
· Maintain cap table and equity management systems
· Prepare financial documentation for board meetings
Organizational Structure
Reports To
· Chief Executive Officer
Direct Reports
· External Book-Keeper
· External Accountant
· Accounts Payable / Receivable Team
Required Qualifications & Technical Skills
· Qualified accountant (CPA, CA, ACCA or equivalent)
· 10+ years of finance experience, with +5 years in luxury fashion or DTC brands
· Strong experience with direct-to-consumer business models
· Experience with international operations and multiple currencies
· Advanced Excel and financial modeling skills
· Experience with ERP systems, especially RLM
· Experience with e-commerce platforms, especially Shopify Plus & Global-E
· Proven track record in cross-functional financial leadership
· Experience in managing wholesale accounts receivable
Success Metrics (First 12 Months)
· Implement enhanced financial reporting systems
· Develop sophisticated drop-based financial planning tools
· Create improved cost tracking systems
· Establish departmental budget ownership
· Optimize working capital management
· Enhance financial forecasting accuracy
· Develop comprehensive investor relations strategy and reporting
Benefits
· Generous Paid Company Holiday & Time Off plans
· Health Insurance (Medical, Vision, and Dental)
· 401k
· Employee Clothing Allowance
· Salary ranges from $150k/yr - $175k/yr based on relevant skills and experience
· Performance Bonus
· Equity Participation
Wardrobe.NYC is an equal opportunity employer committed to diversity and inclusion in the workplace.