Wow Bao · 2 hours ago
Director of Finance
Chicago, IL
Full-time
Onsite
Director/Executive
$160K/yr - $180K/yr
10+ years expWow Bao is a fast-growing brand in the food industry seeking a passionate and strategic Director of Finance. The role involves overseeing financial operations, driving growth objectives, and collaborating with the executive team to ensure financial integrity and optimize profitability.
Restaurants
Responsibilities
Assess and evaluate financial performance in the context of long-term operational goals, budgets, and forecasts
Build, maintain, and update financial analyses and tools to continuously monitor performance and health of all business channels
Manage cash and working capital through proper planning and forecasting
Build financial forecasting models to evaluate impacts of strategic and operational initiatives including new product launches, supply chain improvements, etc
Work closely with Wow Bao’s CEO/President and Board of Directors on key business decisions and building long-term strategic plans, annual capital/operating plans, budgets, as well as tactical initiatives
Prepare weekly operational reports for Management team summarizing the performance of the various business channels
Manage external consultants working on data analysis and reporting
Partner with operations to improve cost efficiency in food manufacturing and CPG distribution
Implement systems for inventory management, cost accounting, and margin optimization
Prepare monthly financial reporting to investors and Board of Directors
Oversee tax planning and audit. Work with external auditors to deliver annual audits
Work with various company departments, including our Marketing team, to help manage and monitor spend, return on invested capital (ROIC), and other key operational metrics
Perform ad-hoc analysis to help drive decision-making on strategic and/or tactical initiatives
Monitor and help manage pricing of Wow Bao’s products through its various revenue channels
Lead the creation and execution of bonus compensation plans while working closely with CEO/President
Participate in pivotal decisions as they relate to strategic initiatives, operational models, and manufacturing capacity expansion
Maintain outstanding banking relationships and other strategic relationships with vendors and business partners
Work as a liaison between Wow Bao and the company’s product manufacturers and distributors
Find, recommend, and collaborate with other team members to execute margin improvement initiatives
Lead cross-functional strategic plan and annual budget process
Create Investor Relation / Board Level presentation decks
Manage insurance renewals (non-health)
Collaborate with Human Resources on payroll, health insurance renewals, 401(k) fiduciary responsibilities, including risk & liability management
Provide mentorship, development, and training to the members of the Finance team
Be available to assist and work during Wow Bao offsite events as needed
Assist with responsibilities and duties in other departments and as assigned by management
Perform calmly and effectively in an extremely busy and fast-paced work environment
Other tasks and projects assigned on an as needed basis
Qualification
Required
Minimum 10+ years in Finance, Accounting, or related field
Proven experience in CPG and food manufacturing industries
Bachelor's degree in Finance, Accounting, or related field required
Track record of scaling businesses and managing multi-channel operations
Sense of urgency and focus on results
Partake in a professional and positive work environment
Proficiency in Tableau for data visualization and reporting
Analytical mindset with expertise in using data to make informed business decisions
Excellent communication and project management skills, with the ability to manage external partnerships and internal stakeholders
Excellent reading, writing, and oral proficiency of the English language
Proficiency with Microsoft Office suite, including Excel, PowerPoint, and Word
Perform calmly and effectively in a fast-paced work environment
Preferred
MBA, CPA, or advanced degree is preferred
Benefits
Health Insurance (medical, dental, vision)
401(k) Retirement Plan
Voluntary life insurance
Voluntary disability insurance
Paid Time Off
Paid Sick Leave
Restaurant discounts
Employee Discount Programs with Perkspot and Working Advantage
We foster a culture of CARE
Company
Wow Bao
At Wow Bao, we believe life’s too short for boring food.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase