Director of Finance Operations and Systems

  • Full-time

Company Description

Acquco acquires and accelerates top Amazon brands. Acquco uses a highly measured approach to identify and evaluate each brand and scale it globally using proprietary technology and operating expertise. With in-depth due diligence, flexible deal structures, and a commitment to transparency, sellers can exit their businesses quickly and earn substantial payouts. Acquco’s unmatched Amazon operator expertise assures sellers that their businesses will see substantial brand growth post-acquisition. Acquco is headquartered in NYC. For more information, please visit www.acqu.co.

We are focused on building the largest e-commerce platform in the world. Founded by a team of seasoned ex-Amazon operators, Acquco strategically acquires the best brands and accelerates their growth across Amazon, Walmart, Shopify, and other e-commerce ecosystems. We’ve raised over $160M of institutional capital since our inception in 2020, and are focused on rapidly scaling our portfolio team.

In the News: Recently featured on Techcrunch, Crunchbase, Business Insider, Pymnts, Pitchbook

Job Description

The Director of Financial Operations & Systems will play a crucial role in optimizing financial operations & systems  within a fast-growing, e-commerce company with over 20 brands and operating across 15 countries and 20 sales channels. 

The role owns and drives the operationalization of Finance transformation, with a focus on ERP implementation (Netsuite) and core finance systems & process design and enablement. The individual will collaborate cross functionally, acting as a bridge between operations and finance, ensuring a two-way flow of information, while streamlining processes. This role requires a strong understanding of how supply chain management affects an organization’s financial performance.

Responsibilities: 

  1. NetSuite Interaction / Planning:

    • Lead a holistic review of brand operations, supply chain and finance processes, policies, controls, and requirements within NetSuite.

    • Identify areas for improvement and develop recommendations to optimize NetSuite configuration and utilization.

    • Streamline manual processes, enhance inventory accuracy, and reduce excess inventory through targeted initiatives.

    • Customize NetSuite workflows, forms, and reports to align with supply chain and finance processes and requirements.

  2. Process Optimization:

    • Lead new and existing core finance process enablement through requirements gathering, process design, and automation working with all Finance  & Accounting teams, and cross-functional teams (Brand Operations and Supply Chain teams).

    • Launch new financial processes to support expansion into omnichannel and international markets.

    • Identify and streamline manual processes within supply chain & inventory operations, leveraging automation and technology solutions.

    • Develop high-level workflows and detailed standard operating procedures (SOPs) to ensure consistency and compliance across Finance & Accounting

  3. Financial Management of Inventory Operations:

    • Lead financial analysis of inventory management practices, including inventory turnover, storage costs, and obsolescence.

    • Collaborate closely with supply chain teams to optimize working capital and cash flow within inventory operations.

    • Develop and implement strategies to minimize excess inventory and improve inventory accuracy.

  4. Supply Chain Financial Reporting and Analysis:

    • Oversee month-end close processes for inventory-related accounts, ensuring accuracy and compliance with accounting standards.

    • Prepare and analyze financial statements, variance analysis, and KPIs specific to inventory operations.

    • Provide actionable insights and recommendations to optimize inventory performance and improve financial outcomes.

  5. Supply Chain Strategic Planning and Budgeting:

    • Support the development of annual and quarterly budgets for inventory operations, aligning financial goals with strategic objectives.

    • Monitor actual performance against budgeted targets, identifying opportunities for cost savings and operational improvements.

    • Provide financial guidance for inventory-related capital investments and strategic initiatives, including audit.

  6. Risk Management and Compliance:

    • Identify financial risks within inventory operations and develop risk mitigation strategies.

    • Ensure compliance with internal control procedures related to inventory accounting and reporting.

    • Monitor market trends and external factors that may impact inventory valuation and financial performance.

Qualifications

  • Bachelor's degree in Finance, Accounting, Supply Chain Management, or related field.

  • 7+ years of experience in financial operations, supply chain management, or inventory control, preferably in a manufacturing, distribution, or ecommerce company.

  • Experience working in Finance transformation, including core finance processes, internal controls and financial systems

  • Deep understanding of supply chain principles, inventory management techniques, and financial analysis methodologies.

  • Proficiency in financial modeling, data analysis, and ERP systems (NetSuite).

  • Strong analytical skills and attention to detail, with the ability to translate data into actionable insights.

  • Excellent communication and collaboration skills, with the ability to influence stakeholders at all levels of the organization.

  • Proven track record of driving process improvements and delivering results in a dynamic and fast-paced environment.

  • Strategic mindset with the ability to prioritize tasks, manage multiple projects, and adapt to changing priorities.

Additional Information

Compensation will be $150,000 - $175,000 USD, depending on experience