Company DescriptionĀ
With a steadfast belief in the harmony of delicious and nourishing food, we are dedicated to making healthy and flavorful foods accessible to all. We craft exceptional fresh, kettle cooked products using recognizable ingredients. From our origins at local farmer's markets, where we introduced plant-based cheese-style dips and fresh soups, we have grown our food manufacturing company to provide branded and private label meals for grocery stores nationwide. Today, our diverse selection of high-quality CPG products ensures that healthy eating never compromises on taste or nutrition.
Our mission is driven by the transformative power of better, more convenient food. Our foods positively impact the body, community, and environment by embracing sustainability and responsibly sourced ingredients without compromising on taste.
Position ResponsibilitiesĀ
The director of finance is a strategic thought-partner of the senior management team and a business partner to the chief executive officer and functional leaders of The Honest Stand. This person will be trusted to refine the duties and direct/indirect reporting relationships as the business needs are better understood. The director must be well-versed in multiple business functions and possess expertise in financial planning & analysis, business case analysis and decision support, treasury, corporate accounting and financial reporting. In addition to financial analysis, this role will be involved in an array of challenging and disparate process improvement and cost savings projects, along with the first-time development of policies, procedures, reports, and analysis. This person needs to be technologically savvy, with exceptional Excel and/or Google Sheets experience - including proficiency with BI Reporting, API Script construction, AI integration with finance, modeling etc.Ā This position reports to the chief executive officer and manages an accounting manager and an AR/AP specialist..Ā
- Financial Planning & Analysis - The director of finance will be expected to evaluate and review existing financial planning processes for completeness and accuracy. Will ensure accurate annual product re-costing and provide analysis on new product costing.Ā
- Business Case Analysis & Decision Report - The director of finance will act as a financial business partner to the functional leaders of the company and will provide financial analysis and support to the chief executive officer, executive team and board. The director of finance will build and maintain financial models to assist these executives in making informed business decisions. This person will be expected to develop a strong understanding of the industry and how business operations affect the organization's financial performance. This person will be the champion for prioritizing, monitoring and reporting progress of strategic and operational initiatives, including inventory management, operational processes, new service offerings, pricing, new markets and other special projects or business initiatives.Ā
- Treasury - This person will support the chief executive officer in managing the working relationship with the companyās bank and other financial leaders. The director of finance will partner with the chief executive officer to evaluate financing options to optimize the companyās capital structure. This person will also prepare quarterly financial reporting packages that lending and equity partners require.Ā
- Financial Reporting - The director of finance will be responsible for preparing the monthly reporting package for the board and management teams and a quarterly comprehensive financial reporting package with a robust narrative and presentations for the chief executive officer and board. This person will prepare the financial statements in accordance with US GAAP. The director of finance must be able to explain the financial impact of new accounting rules and relevant pronouncements that affect the company.Ā
- Corporate Accounting - The director of finance will be responsible for all aspects of the month-end close and general ledger functions. This person will be expected to implement processes to ensure the financial results are completed timely and accurately.Ā
- Mergers & Acquisitions - The director of finance will support the chief executive officer in acquisitions & mergers through due diligence and corporate integration. This person will be expected to understand and evaluate a proposed merger or acquisition's impact on cost savings, tax issues, and performance synergies.Ā
- External Audit & Tax - The director of finance will be expected to coordinate and provide information to the tax accounting firm for the year-end tax submission and any externally conducted audits. Also, this person will work through external tax advisors for the review of the companyās income tax filings and to optimize the tax position.Ā
- Additional Responsibilities - The director of finance will be responsible for risk management on corporate insurance matters. Additionally, they will serve as the principal subject matter expert for company financial database system and inventory mgmt systems. Position back up provided by co-ceo.Ā
Frequently Asked Questions
What is the compensation package for this position?Ā
$145,000-$170,000 plus bonus, benefits & equity options.
Where is the position located?Ā
This is not a remote role. The new director of finance will be onsite at our Niwot, CO facility, however, hybrid options will be consideredĀ
How will success be defined for the director of finance during the first year?Ā
- The director of finance will learn the industry, company, customers and products sufficiently to ideate strategic options for the company to improve their position in the industry and advance their mission.
- The director of finance will generate ideas to improve or optimize company performance outside of core finance / accounting function.Ā
- The director of finance will focus towards 2025 and beyond, work cross functionally to create the roadmap for systems upgrades and integration.Ā
- The director of finance will develop and lead the accounting / finance team, determine areas of investment and build a function that is able to scale with future growth.Ā
- The director of finance will implement product costing into monthly insights.Ā
Why Work for The Honest Stand / Boulder Organic Foods?Ā
- Members of The Honest Stand team are intrapreneurs. We have the opportunity to be entrepreneurs and innovate change while working within an organization.
- The Honest Stand offers the freedom to own oneās domain and be accountable to maximizing value within a growing company.Ā
- The Honest Stand fosters a unique environment where team members are passionate and hands on.Ā
- Exceptional flavor, wholesome goodness, and a shared dedication to making a positive impact through the power of food.
Ideal Professional BackgroundĀ
- This position requires 8+ years of progressive budget forecasting and development, financial management, and accounting oversight experience in a senior management capacity.Ā
- Previous experience in the food industry, manufacturing, and/or consumer packaged goods is required.
- Formal finance or accounting education is preferred.Ā
Personal Qualities
- This person will have the versatility to work at a senior level and be able to roll-up their sleeves and complete detailed tasks and assignments.Ā
- This person will be able to understand and embrace the existing culture, while also able to instill financial and operational discipline into a growing and profitable business.Ā
- This person will be able to conceptualize, analyze, and strategize numerous budgets, financial planning and outcomes as they apply to the financial health of the organization.Ā
- This person must be collaborative, entrepreneurial, self-motivated, exhibiting drive and resourcefulness with minimal direction.Ā
- This person will develop goals, objectives and plans with clear direction that are achievable, cost-effective, and address customer, stakeholder and organizational requirements.Ā
- This position requires a person who is hard-working and committed to providing an excellent work product. Also, this person needs to be adaptable and able to deal with a growing and evolving environment.Ā
- This person will be a fast learner, an intrapreneur, and diplomatic.Ā
Please let them know you heard about it from Venture Connect