Are you a can-do entrepreneur with a passion for sustainability, who wants to use your financial acumen to bring textile circularity to life as part of an empowered team? Then check this out!

Looper Textile Co. is a funded start-up that is rapidly establishing its presence and operations. Our company culture features work-life balance, taking the initiative, and fast execution. We are looking for a flexible, trust-worthy and pro-active allrounder, who supports the CEO, the COO, and the company at large in navigating our path toward success.

Today less than 40% of used and unwanted textiles are collected in Europe; therefore, most go directly to waste. Even collected textiles often do not find the best possible “new life”. We as Looper Textile Co. want to change that, by collecting and sorting used and unwanted textiles to enable reuse and recycling. We are a standalone joint venture owned 50/50 by H&M Group and by Remondis, the second-largest waste management and recycling company in Europe. We draw on the heritage and perspectives of our parent companies while operating independently, with the aim of building key infrastructure needed to enable circularity for textiles. In our own facilities and through our partner network, we aim to secure positive reuse or recycling possibilities for as many garments as possible. 

Looper Textile Co is based in Stockholm but also has team members and operations in Germany. We are also planning to expand to additional areas within Europe. You can learn more about us at loopertextile.com or on LinkedIn.

As a CFO/ Head of Controlling for Looper Textile Co., you will play an essential part in continuing to build this new company and securing its future growth and profitability. You will be a key member of the team, working closely with the Managing Directors (CEO and COO) to build the administrative and financial foundation to enact the short-, medium- and long-term agenda. You will ensure that the daily financial operations and financial reporting are detailed and correct to enable analytically solid decisions. You will also lead a variety of set-up activities related to the company’s ambitious growth plans. Though the role currently does not have direct reports, you may be expected to hold significant fiduciary responsibility and delegated authority around the financial management and oversight of company.

Your responsibilities can include, but are not limited to: 

• Secure the profit & loss and cash flow reporting
• Ensure compliance with relevant laws and regulations regarding financial operations, reporting, bookkeeping, and accounts; devise and propose related practices to support this
• Create, maintain, and monitor financial reports for the company
• Actively monitor budget and key initiatives against plan including controlling cash flow and CAPEX/investment levels
• Support planning and forecasting of financial results and the creation & refinement of business plans    
• Build and develop the administrational foundation of Looper for new subsidiaries and projects, including but not limited to preparing regulatory filings, company registrations, setup of accounts, etc.
• Assist to develop reporting structures for current and future business models 
• Support the CEO and COO with presentation and communication materials as needed
• Proactively analyze financial performance to identify and pursue improvement opportunities
• Align invoicing, logistics, inventory management, and other systems with financial flows; dig into any design and/or integrations needed for smooth interface between operations and controlling
• Serve as interface with a wide variety of external stakeholders, including from within parent companies

We are looking for someone who has:

• Extensive experience within controlling, in roles such as CFO, brand controller or equivalent
• Entrepreneurial attitude of getting-things-done, often without an existing roadmap
• Ability to adjust to evolving company and management priorities
• Great communication skills that enable success in working across borders and functions
• Strong analytical and technical skills, including the ability to transform data and different KPIs into business solutions and actions
• Good financial understanding of different value chain levels and how they connect: input-prices, processing costs, offtake prices
• Experience in setting up new entities, reporting, creating and monitoring KPIs and business plans
• Basic understanding of international supply chains and challenges in logistics, export / import regulations, customs
• Willingness to dive deep into complex challenges related to different textile material compositions, their values and recycling technologies
• Basic understanding of or willingness to learn of EU legislation and regulations, especially waste shipment / circularity
• Action-oriented and pragmatic: strong ability to transform plans into actions, constantly hunting for and finding potential and improvements.
• Strong organizational skills and a passion for simplification
• International work experience a plus

This is a permanent full-time position based in Stockholm, and you will jointly report to the CEO and COO (day-to-day manager).

You’ll be part of an important ramp-up journey at Looper Textile Co. with significant opportunities to influence and make a difference. With the right mindset and ambition, you’ll find plenty of room to grow. We welcome your application regardless of gender, age, gender expressions, sexual orientation, disabilities, religious beliefs, origin or background.

If you feel that your experience, skills and ambitions are right for this role, please send your resume in English (no need for a cover letter) latest 6th of June 2023. If you have questions about the role or process, please reach out to Talent Acquisition Partner [email protected]