Chief Financial Officer, Maisonette
$225-250k
Office located in Brooklyn, NY
Boutique kids clothes & decor
Job no longer available
Boutique kids clothes & decor
21-100 employees
Job no longer available
$225-250k
Office located in Brooklyn, NY
21-100 employees
Company mission
To empower parents to make the best decisions for their families, and to bring a little bit of magic into family life every day.
Role
Who you are
- Bachelor’s degree, 10+ years of experience, including Previous role as a VP of finance or higher
- Deep financial understanding through experience working in investment banking, private equity or venture capital and/or VP of finance / CFO at a high growth technology company backed by private capital (debt and equity)
- Fluent in data-driven decision making, complex financial modeling, ROI and scenario analysis, and competitive assessments with the ability to distill complex business information in a consumable way
- Ability to think strategically about finance at the company, with ongoing and emerging opportunities
- Experience manipulating large datasets, advanced MS Excel and proficiency in leading business intelligence initiatives utilizing data visualization tools
- Collaborative working style and demonstrated ability to build strong cross-functional relationships
- Ability to deal effectively with ambiguity, thrive in an unstructured, fast-paced environment with competing deadlines, and re-prioritize demands as events change
- Passion for empowering small business owners to be successful; possess a high level of empathy for our customers and a strong desire to deeply understand their needs
- A great communicator who has the ability to influence and build alignment across senior leadership
What the job involves
- Lead the Strategy/Business Development function for the Company
- Serve as a business partner and strategic adviser to the CEO and other members of the executive leadership team
- Provide data-driven insight to critical business matters to drive profitable growth, leading long term planning processes, executive team offsites, Company wide updates of KPI’s, OKR’s etc
- Contribute actively to the evolution and execution of strategic business plans, including M&A, organic growth, and business development strategies
- Draw on strong operational finance skills to advise and add value
- Act as a thought leader by providing strategic and analytical insight and perspective to the senior leadership team
- Establish credibility throughout the organization as an effective developer of solutions to business challenges
- Ensure strong and effective relationships with all external partners and vendors
- Provide overall leadership to the management reporting, financial planning, forecasting, and budgeting processes
- Lead efforts to drive the analytical rigor of the finance team so that business decisions throughout the organization are informed by analytical insight while improving the organization’s ability to leverage and manage data
- Provide effective and servant leadership to the finance organization, ensuring the development of the required financial capabilities for the Company, and the development of talent within the organization
- Ensure the function is properly resourced and organized and develop a business partnership mindset across the organization
- Oversee, lead and manage the finance, control and accounting functions with strict eye for cashflow inputs/outputs
- Bimonthly or monthly forecasting vs. actual cycle and reconciliation of variance
- Quarterly and year-end closing and reporting (for BOD and Investors)
- Annual budget and planning process, and 3-5Y forward planning
- Ensure the fiscal integrity of the business through enhancement and management of accounting systems and controls
- Responsible for financial aspects of fundraising activities, with relevant experiences in equity, debt and convertible financing
- Create board materials, fundraising materials and other key financial reporting to advise investors and key stakeholders on overall company progress and financial health
- Play a leading role in negotiating with banks and lenders during fundraising stages and manage lender relationships
- Act as a liaison and forge relationships between the Company and the BOD, potential Investors, Banks etc
- Leverage an already strong operations platform to produce better data and insights and streamlines processes where possible
- Continuously examine opportunities for sustainable cost efficiencies that are consistent with the operating and growth strategies of the business
- Manage outside advisors such as auditors and tax advisors to assure compliance with federal and state law; as well as compliance with banking agreements
Our take
90% of new parents are millennials and they are shopping for their children in a completely different way to the generations before them. The young parents of today value selection, quality, and design, yet there has been a lack of a consolidated children’s online retail sites.
Maisonette provides stylish and relevant clothing, innovative toys, and child-friendly home decor for a new generation of parents. The startup was founded by two millennial mothers who believed the roughly $600 billion industry of children's products was disconnected from modern parents.
Maisonette’s growth strategy includes attracting and aggregating emerging brands on its website, to combine the higher-end brands with Maisonette’s more affordable in-house lines. It has raised nearly $50 million which it has used to break out of the US market and go global. Furthermore, it is developing innovative personalization technology to enhance its eCommerce experience for customers and retailers alike.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-32% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Oct 2022
$15m
SERIES C
Feb 2021
$30m
SERIES B
Total funding: $62.7m
Company benefits
- Work from home opportunities
- Medical, dental, and vision benefits
- 401(k)
- Equity
- Generous time off policy for vacation days, sick days, and holidays
- Duvet Days: Company-wide days off to recharge
- 25% employee discount to shop our marketplace
- Free snacks and beverages, and a relaxed, dog-friendly environment
- 13 weeks fully paid leave for primary caregivers, 6 weeks fully paid leave for secondary caregivers, and one additional part-time week for all new parents
Company HQ
Dumbo, NY
Leadership
Sylvana Durrett
(CEO)Previous Executive Assistant to Vogue's Editor in Chief Anna Wintour. Quickly rose to the position of Director of Special Projects, overseeing high-profile events, entertainment, digital video, and the annual Costume Institute Benefit at the Metropolitan Museum of Art.
Luisana Mendoza de Roccia
(President)Co-founder and Executive Director of The Runway Collections, the most successful merchandising effort in presidential campaign history. Worked at Vogue magazine from 2003 – 2008, beginning as Executive Assistant to Anna Wintour and then becoming Accessories Editor.
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