Finance Manager - Wealthy Recruiting
Brooklyn, NY
About the Job
Pharo Deals is a rapidly growing wholesale drop-shipping company specializing in outdoor, sporty, and children's toys. We proudly supply retailers across the nation with high-quality products and a seamless drop-shipping experience to support their business success. As we expand our reach and influence in the market, we are looking for an experienced Finance Director/Controller to drive our financial strategy and ensure sustainable growth.
We are seeking an ambitious and results-oriented Finance Director/Controller with expertise in wholesale and drop-shipping finance. In this role, you will lead the development of strategic financial plans that align with our business objectives and enhance our market position. Your focus will be on managing financial risks, optimizing cash flow, and implementing controls that safeguard our assets while supporting business expansion. You will play a key role in shaping the future of Pharo Deals, using your in-depth knowledge of financial operations in the wholesale industry to strengthen our foundation and support our growth trajectory.
Responsibilities:
- Provide executive leadership in the evaluation of short- and long-term financial objectives; recommend strategies to enhance financial performance.
- Develop and maintain internal controls to safeguard the company's financial assets.
- Oversee company risk management, including general liability and related insurance coverage and risk mitigation strategies.
- Ensure accurate and timely monthly close processes.
- Prepare accurate and timely financial documents, including business reports, financial forecasts, and statements for internal and external stakeholders.
- Onboard and supervise finance personnel in the US and abroad, covering areas such as payables, receivables, payroll, and benefits. Directly handle tasks as needed.
- Lead all departments in budget creation, review, and implement cost-saving measures.
- Conduct profitability analysis of SKUs, customers, regions, and new initiatives.
- Manage banking activities, relationships, and lenders if applicable.
- Project, analyze, and manage cash flow to meet the company's financial needs.
- Stay updated on industry developments and apply best practices in financial management.
Required Skills:
- Strong interpersonal and communication skills, both verbal and written.
- Effective problem-solving and creative thinking abilities with sound judgment.
- High level of integrity, dependability, and results-oriented mindset.
- Ability to motivate and lead teams to meet tight deadlines.
- Excellent multitasking skills with the ability to manage multiple projects simultaneously.
- Strategic thinking with a lead-by-example approach.
- Strong discipline and time management capabilities.
- Advanced knowledge of data analysis, forecasting methods, and financial management software (e.g., QBO, QBD).
- Proficiency in MS Office, particularly Excel.
- Analytical mindset with a strong comfort level in working with numbers.
Qualifications:
- Bachelor's degree in Accounting or Finance preferred but not required; a Master's degree (MSc or MBA) is a major plus.
- Experience:
- 5+ years in bookkeeping/accounting.
- 2+ years in a management role.
- Proven expertise in budgeting, financial projections, and cash flow management.