Vice President of Finance

ABOUT ETHIKA:

Ethika is a leading lifestyle brand based in Lake Forest, CA. Since the inception of the brand, Ethika and its team have been determined to live life, innovate, and deliver quality products, while staying true to our biggest asset - our FAMILIE. The Ethika employees, friends, athletes, artists, and customers are the core of the brand and the reason we exist.

POSITION SUMMARY:

Ethika is seeking an experienced VP of Finance that will oversee all financial operations, ensuring accurate financial reporting, efficient cash flow management, regulatory compliance, and implementation of effective financial strategies. This individual will work closely with senior management to support strategic decision-making, manage budgeting processes, and implement controls that align with our business goals and growth plans.

DUTIES & RESPONSIBILITIES:

• Manage the preparation of monthly, quarterly, and annual financial statements.
• Develop, analyze, and interpret statistical and accounting information to assess financial performance.
• Prepare financial forecasting models to anticipate revenue, expense trends, and capital requirements.
• Lead the budgeting and forecasting process, coordinating with all departments to ensure accuracy and alignment with business objectives.
• Develop monthly, quarterly, and annual budgets and monitor performance against these targets.
• Oversee cash flow planning and ensure availability of funds as needed.
• Manage cash and banking relationships to optimize liquidity and improve operational cash flow.
• Implement and monitor internal controls to safeguard company assets and ensure compliance with regulatory requirements.
• Maintain, evaluate, and improve financial policies, systems, and procedures.
• Lead annual audits and work with external auditors to ensure a smooth and efficient process.
• Collaborate with the supply chain team to manage inventory accounting and control costs.
• Conduct variance analysis and work to improve product margin through efficient cost control.
• Supervise, mentor, and develop accounting team members, promoting growth and efficiency.
• Foster a team culture of accountability, continuous improvement, and proactive problem-solving.
• Collaborate with executive leadership to develop strategic financial initiatives and objectives.

JOB REQUIREMENTS

• 10 years of prior finance related experience
• BS degree in Accounting or Finance, CPA or CMA Preferred
• Proficient in Microsoft Suite (Word, Excel and Outlook)
• Thorough understanding of GAAP, business trends and general accounting principles
• Experience with general ledger functions and month-end/year-end close process
• High attention to accuracy, detail, and deadline oriented
• Strong communication, organization, and analytical skills

SALARY:

• Salary Range: $130,000 - $150,000 (DOE)