Chief Financial Officer / Chief Operating Officer, Leap
$225-285k
Plus annual cash bonuses and equity awards based upon performance and other factors
Expert level
New York
3-4 days a week in office
Launches and operates omnichannel-enabled retail stores
Open for applications
Launches and operates omnichannel-enabled retail stores
201-500 employees
RetailB2BMarketingeCommerce
Open for applications
$225-285k
Plus annual cash bonuses and equity awards based upon performance and other factors
Expert level
New York
3-4 days a week in office
201-500 employees
RetailB2BMarketingeCommerce
Company mission
To bring the world’s best and brightest brands to shoppers.
Role
Who you are
- We’re seeking an operationally rooted finance leader with a demonstrated track record in the consumer retail space
- Proven experience (10+ years) in a senior finance or operational leadership role, such as CFO or VP of Finance, within the consumer retail space
- Bachelor’s degree or related experience in Finance, Accounting, Business Administration, Operations Management, or related field; MBA is strongly preferred
- Proven track record of supporting hyper-growth companies and driving financial success through strategic planning, analysis, and decision-making
- Strong financial acumen, analytical skills, and business acumen, with the ability to translate complex financial data into actionable insights and strategic recommendations
- Excellent communication, leadership, and interpersonal skills, capable of influencing stakeholders at all levels of the organization and effectively collaborating with internal teams, external partners, and stakeholders
- Strong understanding of technology trends, market dynamics, and competitive landscapes to drive operational strategies and decision-making
- Exceptional strategic planning and problem-solving skills, with the ability to drive operational initiatives that align with long-term business goals
- Demonstrated expertise in financial planning and analysis, budgeting, and forecasting
- Strong leadership and team-building skills, with the ability to inspire and motivate cross-functional teams
- Results-oriented mindset with a focus on delivering measurable business outcomes
- Strong financial acumen with a deep understanding of financial principles, accounting standards, and regulatory requirements
What the job involves
- Reports To: Chief Executive Officer
- Supervisory role to the following departments: Finance, Accounting, Data & Analytics, Business Operations, Legal. Currently 3 direct reports, 6 indirect reports
- This position entails dual responsibilities overseeing both the financial and operational aspects of Leap
- You will play a critical role in shaping the strategic direction and long-term growth plans of the organization, ensuring financial stability, operational efficiency, and sustainable growth, while delivering against short-term financial goals
- Working closely with the CEO, you will provide leadership, guidance, and expertise to drive the overall success of the company, creating leverage through operational efficiencies and ensuring sustainability
- Financial Strategy: Develop and execute the company’s financial strategy in line with overall business objectives and growth targets, providing strategic financial guidance to the executive team and insights on financial performance, risks, and opportunities
- Financial Planning and Analysis: Lead financial planning, budgeting, forecasting, and modeling processes to support decision-making and resource allocation, ensuring alignment with strategic priorities
- Financial Reporting and Compliance: Oversee financial reporting processes, including monthly, quarterly, and yearly financial statements, ensuring accuracy, transparency, and compliance with regulatory requirements
- Capital Management: Manage capital structure, funding strategies, cash flow, and investments to support growth initiatives, optimize financial resources, and maximize shareholder value
- Risk Management: Develop and implement risk management strategies and internal controls to identify, assess, and mitigate financial risks, safeguarding the company’s assets and maintaining financial stability during periods of rapid growth
- Regulatory Compliance: Ensure compliance with legal regulations, audits, ethics, and industry standards
- Lender and Investor Relations: Manage relationships with lenders and financial institutions to support capital needs, and lead investor relations activities, including capital fundraising efforts and investor communications
- Operational Efficiency: Oversee day-to-day operations to optimize efficiency, streamline workflows, and enhance productivity across all functions
- Operational Excellence: Drive operational excellence by identifying areas for improvement and implementing processes to optimize efficiency and scalability
- Scalability: Develop and implement scalable processes and systems to support rapid company growth while maintaining quality and customer satisfaction
- Risk Management: Identify potential risks and proactively implement mitigation strategies to safeguard the company’s operations and reputation
- Performance Management: Establish key performance indicators (KPIs) and metrics to monitor performance, track results, and drive continuous improvement
- Strategic Leadership: Collaborate with the CEO and executive team to develop and execute the company’s strategic vision, ensuring alignment with business objectives and growth targets
- Team Leadership: Provide mentorship, guidance, and development opportunities to the finance and operations teams, fostering a culture of accountability, collaboration, and continuous improvement
- Talent Development: Lead, mentor, and inspire a high-performing team, nurturing talent and fostering a culture of excellence and accountability
- Strategic Collaboration: Collaborate with senior management on capital formation strategies and the development and execution of strategic plans to drive growth and profitability, and manage communication and relationships with the Board of Directors
- Cross-Functional Collaboration: Foster collaboration and communication between departments to promote a cohesive and agile operating environment and drive synergy across the organization
- Continuous Improvement: Establish strong relationships across the organization and foster a culture of continuous improvement, innovation, and excellence
- Implementation of strategic initiatives resulting in measurable growth metrics, such as increased revenue and profitability
- Streamlined processes leading to improved efficiency, productivity and return on investments
- Enhanced board satisfaction and engagement
- Successful capital raising initiatives and positive investor sentiment
- Successful execution of capital formation strategies resulting in adequate funding for growth initiatives and favorable terms
- Identification and implementation of strategic opportunities leading to measurable growth
Our take
While the realm of online shopping has flourished, eCommerce brands have recognized the enduring value of engaging with shoppers in a physical setting. Addressing this demand head-on, Leap has taken the initiative to craft immersive retail experiences tailored for online brands.
Leap's contribution lies in its ability to swiftly establish brick-and-mortar retail stores for eCommerce brands, all while significantly curbing costs and minimizing associated risks. Collaborating closely with landlords, developers, and property brokers, Leap pinpoints optimal locations within top retail corridors and bustling shopping centers. Beyond this, Leap's integrated platform takes charge of essential elements like staffing and invaluable data insights.
A testament to its success, Leap experienced an astounding fourfold surge in sales during 2021, successfully inaugurating 50 stores across a diverse array of eight markets. This achievement stands as a precursor to the infusion of recent capital, poised to fuel Leap's ongoing expansion efforts.
Kirsty
Company Specialist
Insights
8% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jun 2023
$15m
LATE VC
Jan 2022
$50m
SERIES B
Total funding: $89.5m
Company benefits
- Medical & Dental: Employees who work 30+ hours per week are eligible for medical, dental and vision benefits which include employer contributions. We offer individual, individual + spouse, individual + children and family programs
- Parental Leave: We offer expecting parents 12 weeks of paid time off to bond with their new family members and adjust to their new life
- Wellness Programs: All Leap employees are eligible for assistance in the areas of legal, financial, counselling and other programs at no cost through our Leap wellness program
- Unlimited PTO: We believe taking the time to refuel is important and offer unlimited PTO to corporate employees
- 401k: All Leap employees are eligible to participate in the company's 401 upon 60 days of employment. Our provider gives you access to a simplified investment selection platform that makes it easy to sign up and manage overtime
- Discount on Leading Brands: All employees recieve a 25-50% discount on purchases made from our leading brands
- Employee Referal Incentives: If an employee refers a qualified candidate, we'll reward them with cash if the candidate works for us
- Mass Transit Commute Assistance: Staff are able to make daily commute to work more convenient and affordable by paying for mass transit and parking expenses pre-tax
- Paid Sabbatical: Upon 10 years of service, full time employees receive four weeks of full paid time off
Company values
- Leadership: We believe in empowering those around us. It's about leading by example - always acting with empathy, humility, and a high degree of accountability
- Focus: Greatness is doing the little things well. We strive for success by focusing on the details that matter. There are no shortcuts to our approach, and we strive for success by prioritizing the work that will have the greatest impact on our brands and organization
- Innovation: We leverage technology, design, and expertise wherever we can to better engage customers. We make smart decisions and efficiently manage costs to create meaningful brand experience - without overlooking the fundamentals
- Integrity: We believe in creating high quality but unpretentious experiences which make our customers, brands, and staff, feel good, welcome and uncluded
Company HQ
West Village, New York, NY
Founders
Amish Tolia
(Co-Founder & CEO)Amish worked their way from investment banking to co-founding multiple companies, including Pear, Viking Investment Management and Brand Innovators Labs.
Jared Golden
(Co-Founder)An entrepreneur with experience building, advising and investing in companies in numerous spaces, Jared has co-founded multiple companies alongside Amish since 2009.
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