Controller, Bobbie
$150-200k
Salary is dependent on location; + stock options
European-style organic infant formula
Open for applications
European-style organic infant formula
201-500 employees
Open for applications
$150-200k
Salary is dependent on location; + stock options
201-500 employees
Company mission
To bring peace of mind to parents by shifting the scrutiny of how we feed to what we feed by providing parents with high-quality organic formula.
Role
Who you are
- 7-10 years of accounting experience, with a minimum of 5 years in a leadership role as a Controller
- Deep expertise in NetSuite with the ability to manage and optimize the platform to meet business needs and the ERP system integrations
- Experience in Cost Accounting and vertically-integrated manufacturing environments is highly desirable
- Strong commercial experience in an omni channel environment, with retail experience
- CPA required, and MBA strongly preferred
- Proven ability to develop and implement robust accounting policies, controls, and processes
- Demonstrated experience building and scaling a team
- Strong knowledge of GAAP and financial reporting standards
- A player-coach mindset with a balance of strategic thinking and hands-on execution
- Exceptional problem-solving skills and attention to detail
- Highest standards of accuracy and precision; highly organized
- Excellent verbal and written communication skills
What the job involves
- The Controller manages financial reporting for our omni channel, vertically integrated infant formula manufacturing business
- This includes: internal and external reporting, consolidation and close; development and documentation of accounting policies and controls; technical accounting interpretation, audits, taxes and overall completeness, integrity and accuracy of actual results
- You will work closely with our external accounting partners and internal stakeholders, and be comfortable performing complex accounting tasks, and enjoy rolling up your sleeves
- You have the drive and know-how to set up best practices for Bobbie, and implement them for the team
- Additionally, you will play a key role in supporting our manufacturing operations by ensuring accurate cost accounting, inventory management, and financial analysis to drive operational efficiency
- Own and support all aspects of our accounting and reporting processes
- Drive and manage the execution of close and consolidation to ensure financial statements are produced to support business decision-making and analysis, and meet all of our reporting deadlines
- Provide analytical support and decision-making tools for a complex accounting and reporting areas
- Depth of experience in an omnichannel environment, partnering with Commercial teams to manage retail finances via margins, chargebacks, etc
- Improve upon and manage the implementation of new accounting standards, policies, controls and processes
- Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, capital expenditures and headcount
- Handle all monthly accounting close activities, including consolidation of all financial data and preparation of internal and external financial statements
- Remain tightly informed and aware of how the GAAP accounting and other business dynamics impact financial projections and business modeling
- Develop automated reporting and dashboards for financial and operational metrics
- Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
- Deliver Ad-hoc reporting and analysis & prepare presentations to senior management team and business unit leaders
- Build and scale the accounting team, including hiring and onboarding an Accountant
Our take
Bobbie is a flexible, subscription-based, direct-to-consumer organic baby formula company. It’s estimated that as many as 5% of Western women are unable to breastfeed, while around 60% of mothers in the US do not breastfeed for as long as they intend to.
Not only is the US lagging behind the EU in terms of quality, but the recent prolonged formula shortage has also created a significant barrier for parents trying to feed their infants.
Bobbie has developed a grass-fed cow milk-based “European standard” formula that’s also FDA-approved, the company has also launched “Bobbie Labs” a virtual laboratory that will fund infant feeding research and development.
The future will no doubt see more competition enter the domestic market, but Bobbie’s has a pricing and logistical advantage over more expensive European brands and has focused on company growth and quality assurance.
Freddie
Company Specialist at Welcome to the Jungle
Insights
92% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jul 2023
$70m
SERIES C
Mar 2022
$50m
SERIES B
Total funding: $141.5m
Company benefits
- GENEROUS TIME OFF - We work hard to shake the stigma. So really, take the time you need to recharge with family and friends so we can continue to take charge on this mission together
- BALANCE COORDINATOR - We have an in-house Balance Coordinator who is there to help alleviate the invisible mental load of our team members. The Balance Coordinator can help you with finding a tent for your wedding, arranging a grocery delivery, finding swim lessons, or planning your kid’s birthday party
- PARENTAL LEAVE AND RETURN TO WORK - We offer one year of parental leave. To help with the transition back to work, we offer flexible/part-time hours for parents returning back to work
- SUMMER FRIDAYS - From Memorial Day to Labor Day, every employee unplugs at 1pm on Fridays to soak up a few extra ounces of the weekend
- BREAST MILK AND BOBBIE - Traveling for work and breastfeeding? We'll cover 100% shipping on your breast milk. All employees are offered a one year subscription for their Bobbie babies. Have friends and family that love Bobbie? You'll be given a discount code to share for 20% off
Company HQ
Panhandle, San Francisco, CA
Leadership
Laura Hughes
(Co-Founder & CEO)They worked in Product Operations at Google before becoming Head of Hospitality at Airbnb. They are a Board Member at both Eat Real and TaskRabbit.
Sarah Hardy
(Co-Founder & Chief People / Experience Officer)They were a Senior Project Manager at Corcoran Sunshine Marketing Group, and then a freelance consultant. They worked in Airbnb's Strategic Planning and Operations division.
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