Senior Vice President of Finance, Parachute Home

• Bachelors degree in Business, Finance, Accounting or Economics
• MBA or CPA preferred
• 12+ years experience in Finance, Financial Planning, Business Planning or similar experience
• Previous experience in Consumer Products or DTC Brands highly desirable
• Previous experience working with inventory management is highly desirable
• Previous experience in retail and legal experience desirable
• Strategic Vision

• The SVP, Finance will play a key leadership role, working closely with the CEO, board and executive team to achieve the company’s growth and profitability objectives
• Responsibilities include: financial strategy, financial planning and analysis, financial reports, company audits, compliance, capital raising, treasury, day-to-day accounting, forecasting and bank relationships
• Reports to: CEO
• Provide financial and analytical leadership for short and long range planning initiatives in partnership with leadership team
• Develop financial models that reflect and aligned approach between business initiatives, investment/capital expenditure strategy and profitability goals
• Prepare retail store pro-forma P&Ls and scenario analysis
• Evaluate partnerships and support negotiation of partner terms and conditions and new business models
• Develop rolling financial forecast including revenue, margin and operating expenses; as well as analyze key drivers of actual performance versus forecast/budget. Drive high level of accountability and ownership with business leaders on performance management
• Lead and mentor finance and accounting teams
• Support preparation of weekly/monthly/quarterly financial business reviews and other reporting for leadership team and Board
• Identify opportunities to elevate existing process and tools to support long-term sustainable growth
• Ad hoc analysis to assist in management decision making

Total funding: $44.9m

Parachute provides responsibly manufactured modern home and bedding products. The company found a mid-range niche in the home goods sector that previously only offered high-end or budget options and has proven popular with consumers looking for quality goods that are not mass-produced. Its capitalizing on a trend of emerging specialist direct-to-consumer brands that began with companies like Warby Parker and Harry's.