Location: Greater Seattle (Monroe, WA)
Reports to: Chief Executive Officer
Wet Noses is a premier manufacturer and marketer of branded and private label pet treats in the US. We are a pioneer in the naturalization of pet consumables; our products are best-in-class, non-GMO, and human-grade without preservatives or artificial ingredients. We operate out of an 80,000 square foot, SQF Level III certified facility and produce USDA organic branded and private label pet treats for F50 clients.
Wet Noses was founded in 1998 around a simple concept: If you wouldn't eat it, don't feed it to your dog. So, when it comes to our food, we believe that less is more and fresh is best. We use incredible ingredients grown by great people, and we never let our food, our treats, our ideas, or our passion get stale. We are committed to continuously raising the bar in our mission to craft the best dog food on the planet.
We currently produce private label dog food and treats for leading national retailers, as well as operate under our own Wet Noses, Doggy Delirious, and Best Homies brands, which can be found online and at retailers nationwide.
Job Description Summary
We are seeking a passionate Chief Financial Officer to join the Wet Noses leadership team. As the executive overseeing the entire finance function at our scrappy, growing organization, the CFO will own all FP&A, Treasury, Accounting, and Financial Reporting responsibilities. In doing so, the CFO will ultimately be responsible for the financial well-being of the Wet Noses organization, have a dotted line to Private Equity leadership, and be a key decision maker on the Wet Noses leadership team.
The ideal CFO candidate will be classically trained, but with the scrappiness to "roll up their sleeves" and support the evolving needs of this small but rapidly growing business. This candidate will be open-minded and willing to try new things, as much as they are committed to ensuring the financial well-being of the organization. While this candidate will be responsible for tactically executing all financial functions, they should also be comfortable contributing to short and long-term strategic planning, contributing to enterprise-wide executive meetings, and strategizing with cross-functional leadership on sales and business opportunities.
- Represents finance function at quarterly Wet Noses board meetings
- Prepares, analyzes, and presents monthly, quarterly, and yearly financial statement packages to Wet Noses Leadership counterparts and PE stakeholders
- Supports cross-functional management team with data-driven analysis to inform business decisions
- Develops and continually improves budgeting, financial projections, and operating forecast
- Monitors and executes day-to-day financial operations within the company (payroll, invoicing, and other transactions)
- Develops financial models and analyzes them to support strategic initiatives (i.e. Innovation, Capex, Debt)
- Analyzes trends of Key Performance Indicators (KPI), especially relating to financial metrics such as sales, expenditures, and profit margin
- Develops and implements best in class accounting practices and procedures, ensuring compliance with accounting policies and regulatory requirements
- Develops, implements, and enforces Wet Noses internal control procedures
- Maintains general ledger by overseeing journal entry accuracy and ensuring all accounts are reconciled on a timely basis
- Prepares monthly bank reconciliation statements
- Leads annual financial audit process, including preparation of schedules, performing analysis, and providing support documentations
- Oversees and maintains all Receipts, Expenditures, Payables, Deposits and Payroll
- Manages customer receivables, collections and minimizes doubtful accounts
- Evaluates aging inventory and inventory accuracy, reviewing for adequate allowances
- Completes sales/use/B&O tax filings for applicable state and local jurisdictions
- Files all state and federal employment tax as well as W-2 issuance
- Works with outside accounting firm for compliance and completion of federal income tax returns and related filings
- Acts as custodian of contracts and other corporate documents, ensuring all contract documents are renewed and current while identifying opportunity terms and business gaps
- Complies with federal, state, and local legal requirements by studying requirements and enforcing adherence to requirements, filing reports, advising executives on needed actions
- Leads risk management and ensures adequate insurance coverage is negotiated and in place
- Manages bank relations and compliance with debt covenants
- Supports ad-hoc sales and cost reporting as needed
- Oversees payroll accuracy by reviewing QB processing, direct deposits and printing checks
Qualifications and Competencies
- Certified Public Accountant (CPA) certification and Master's degree and/or Bachelor's degree with a minimum of 5 years' accounting experience in a fast paced business environment; and/or a combination of both education and experience
- Expert working knowledge and thorough understanding of all QuickBooks products and suites
- Able to work effectively both independently and in a collaborative team-oriented approach
- Expert knowledge of bookkeeping and generally accepted accounting principles
- Ability to synthesize large quantities of complex data into actionable information
- Excellent business judgment, analytical, and decision-making skills
- High degree of personal integrity and professionalism with solid business acumen
- Excellent listening, verbal and written communication skills
- Very quick learner given fast-paced, dynamic business environment
- Persistent and dependable, especially with attendance, deliverables, and deadlines
- Able to adapt to a constantly changing environment with flexibility to work extended hours
- Medical, dental, vision and life insurance benefits.
- Paid Time Off
- 401K Retirement plan with 20% match.
- Discounts on treats/food