Head of Finance & Business Operations (Chief of Dough & Business Kneads)

  • Full-time

Company Description

About Toast Ale: Toast Ale is on a mission to prove that the alternative to food waste is delicious. Toast is an awesome, award-winning beer brewed using fresh surplus bread that would otherwise be wasted. Did you know 44% of bread in the UK and over ⅓ of the fresh bread in the USA is never consumed? Our mission is to change that.

We source surplus fresh bread from bakeries and sandwich manufacturers. We contract brew with established brewers, leveraging their expertise to create truly delicious beers. We also collaborate to create exciting beers with local bread at a community level. There’s a slice of surplus bread in every bottle or can and our ambition is to end bread waste through the beer industry. All our profits go to our brilliant partner charity Feedback to support the fight against food waste, making Toast the best thing since, well, you know…

Our founding principles: Toast exists for the following 4 core founding principles:

1.       To produce great beer

2.       To eliminate bread waste directly by brewing as much of it as possible

3.       To raise awareness of the problem of, and solutions to, food waste

4.       To maximize profits, all which will go directly to Feedback and other local food waste organizations

Website: www.toastale.com

Company Overview: https://www.dropbox.com/s/n3l3641dcroh0ra/Toast%20Company%20Overview%20Feb%202018.pdf?dl=0 

Tedx Video: https://www.youtube.com/watch?v=Rz8m1yDE0ms&feature=youtu.be 

Job Description

Role Overview: This is a unique opportunity to join a fast-growing global social enterprise, based in London, tackling food waste with award winning craft beer. Toast Ale launched in the UK in January 2016, founded by global food waste campaigner Tristram Stuart. We’ve received global media attention and won multiple industry awards. We’re listed in Tesco, Waitrose, Spar Scotland and many independent stockists. We were the beer of choice at the Queen’s Tennis Championships and have spoken at events all over the country. We’re now operating in the UK, USA, South Africa, Brazil and Iceland and we’ve had interest from all over the world. Our ambition is to become one of the most successful global social enterprises and craft beer brands.

Earlier in 2018 we took on equity investment for the first time to enable us to build our UK and US based teams. We are hiring someone dedicated to leading on Finance & HR, based in London but with a global remit focused primarily on our UK and US businesses, but also our licensees around the world. This is a truly unique opportunity to work for an awesome social enterprise and help save the world from food waste one beer at a time. We hope you join us for the ride. Working alongside the CEO, the Head of Finance & HR will have overall responsibility for the financial aspects of our global company strategy as well as implementing many HR processes. This role has great potential for growth, personal development and future opportunities, such as transitioning into a COO role as the business grows.

We are building a diverse and inclusive business and applications are welcomed from a broad range of candidates.

Start Date: February/March 2019

Hours: This is a full-time role, though we’re open to part time for the right candidate (3 days per week minimum). The role will involve occasional international travel.

Location: Toast Towers, 105 Sumner Street, London, SE1 9HZ with the option for flexible homeworking.

Compensation: £45,000 per annum FTE, pension contribution and possibility of equity stock options.

Deadline to apply: 11th January 2019. First telephone screening interviews to be held w/c 21st January, 2019.

How to apply: Apply by uploading your CV & a cover note through this link. Please include a link in your cover note to a brief 60 second video of yourself explaining why you think you're a great fit for the role.​​ ​ Please get in touch if you require any assistance in submitting your application by emailing "jobs at Toastale.com".

Qualifications

KEY RESPONSIBILITIES

  • Overall responsibility and oversight of UK, USA and global licensee financial reporting, including annual financial accounts and HMRC/IRS returns
  • Overall responsibility and oversight of UK, USA and Global HR policies and processes to ensure a productive and enjoyable team culture
  • Take a lead role on interaction with our external legal advisors, including alcohol licencing.
  • Supervise the Finance & HR Associate (including training and support) in the UK and US
  • The role will include putting in place the outsourcing of certain financial, HR and legal functions to keep internal resources streamlined.
  • Provide strategic recommendations to enhance financial performance and new business opportunities, such as gross margin analysis, product distribution analysis, and operational cost efficiencies
  • Oversee transactions and processing systems, manage the month end process and analysis
  • Monitor cashflow and engage the whole team in the process of monitoring financial performance of the company
  • Manage the annual budgeting process
  • Manage board and investor reporting
  • Manage and monitor company policies regarding cashflow, debt, and taxation
  • Ensure effective internal controls are in place and compliance with GAAP and applicable regulatory legislation for financial and tax reporting

THE PERSON FOR THIS ROLE

  • We are looking for a candidate with at least 5-10 years’ professional work experience, including experience with a global organisation, ideally in the food product or alcohol industry
  • Experience with outsourcing business functions such as finance, HR, legal to external agencies.
  • It would be ideal if you also have experience in a start-up, certified B Corp or social enterprise
  • Qualified member of an accountancy body with international accounting experience
  • Experience with UK and USA financial and tax processes
  • Experience of a UK entity with licensee agreements around the world
  • Commercially aware to advise on the growth path of the business
  • Strong interpersonal skills - articulate communicator, team player and willingness to get stuck in
  • Strong problem solving and ability to make decisions based on accurate and timely analysis
  • High integrity and openness combined with commitment to good governance
  • Energetic, highly motivated, with an enquiring mind
  • Relevant experience within a challenger food and drink brand is a plus, but not essential
  • You should be passionate and knowledgeable about the beer industry, and our mission to end food waste with beer
  • You will be an excellent relationship builder
  • You must have excellent written and verbal English.

Additional Information

In addition we offer the following package:

  • up to 10% performance bonus annually.
  • 3% pension contribution
  • beyond the 3 month probationary period we will discuss stock options
  • 25 days pro rata holiday allowance
  • 2 volunteer days a year
  • progressive paternity and maternity policies.
  • flexible working arrangements for our team, including WFH days and flexible start/finish times
  • we are certified BCorps, which means amongst many other commitments, how we care for and treat our employees is written into our articles
  • an empathetic team of hard working colleagues all striving to change the world one beer at a time
  • ping pong in the office, lots of beer and we’ll never forget your birthday 😉