Financial Controller in Chiswick

About The Beauty Crop

The Beauty Crop is a young and dynamic beauty company operating primarily in the eCommerce space. The company is inspired by healthy living and create products that are enhanced with nutrition derived from natural ingredients; The philosophy is that nutrition is as equally essential for your skin as it is for your body.

The Beauty Crop is a global team operating in the UK and North America and is passionate about creating colourful, fun and cruelty-free cosmetics.

About the role

This role is career defining; allowing the right candidate to make their mark, learn while doing and work to propel THE BEAUTY CROP into a trail-blazing, aspirational global beauty brand.

As Finance Controller, reporting to the Founder and CEO, your role has three streams to support and unblock growth potential:

1. Working closely with the founder and CEO on elevating and continuous improvement of The Beauty Crop’s strategy, supporting all functions to build the necessary foundations to deliver our 3 year objective of delivering +£70m, profitable revenue from £20m, profitable 2024 run rate

2. Own and lead the finance function, overseeing the company’s financial planning and accounting operations. In this position, you will not only be commercially aware and provide advice on the best path of growth for the business but you’ll be ‘training to be’ or ‘just qualified’ as a Chartered Accountant.

3. In the short to medium term you will lead and enhance our Operations, Technology & People functions and until newly hired Controllers / Directors take over these areas in the next 18 - 36 months.

For the right candidate, there is scope to retain leadership of these functions and progress to CFO / COO role if you and the business hit their objectives over the next 2-3 years.

This is a hybrid role working 3 days in the HQ in Chiswick, West London.

Main accountabilities...

Strategic Support (Estimate 10% of time):

• Support CEO to codify and continuously improve the strategy to deliver:
• +£20m in ‘24, +£45m in ‘25, +$70m in ‘26 - with >15% EBITDA
• Employee NPS >8
• Customer NPS >8

Finance (Estimate 60% of time):

• Establishing targets, developing budgets, and performing financial analysis;
• Technical financial projects to deliver liaising closely with our CEO and SLT on setting the near, medium, and long-term strategic vision of the business and setting short, medium and long term goals for scalable growth alongside our executive team to increase revenues and profits;
• Oversee the financial strategic planning of the company by evaluating its performance and potential risks;
• Perform regular financial analysis;
• Manage all aspects of corporate governance & compliance including business /employers insurance, GDPR, and regular / ad hoc legislative requirements;
• Develop budgets that meet the requirements of company departments;
• Establish targets and manage all accounting and finance employees including management accountants and internal auditors;
• Supervise all audit and internal control processes;
• Prepare detailed reports on the company’s financial performance;
• Recognise patterns in company spending, revenue, and recommend solutions to any problem areas;
• Coordinate with external financial entities on behalf of the company;
• Maintain relationships with banks and financial institutions- ensure working capital funding and / or FX rates are efficient
• Maintain relationships with insurance providers, ensuring the business is fully covered according to the details of the contract;
• Leading all financial planning and analysis (FP&A), including forecasting, budgeting, and cash flow management, reporting against forecasts and responding proactively
• Ensuring compliance with, and accurate reporting of taxes including PAYE / NIC, VAT, Corporation Tax, Global Sales Taxes, Customs & Duties & Laws;
• Management of all commercial IP such as trademarks;
• Full management of key operational third-party contracts including but not limited to IT & ERP.

Other Foundations (estimate - 30% of time):

Operations

• Work collaboratively to develop and/or improve systems, processes, controls, and procedures that improve the overall efficiency of the business;
• Oversee strategies and execution of all supply chain operations, logistics and fulfilment;
• Warehouse management (contract, relationship, SLA, process, systems & security) including the delivery of future upgrades / partnerships;
• Evaluate and improve standards for supply chain, and overall business operations to minimise costs and maximise margins;
• Lead the build out of fit for purpose Ops team, at the right time, to manage the planned growth.

Technology

• Ensure they have the right tools / tech at the right time, for internal users alongside external clients / users;
• Ensure all tools / tech are compliant to relevant laws / regulations;
• Lead the build out of fit for purpose Tech team, at the right time, to manage the planned growth.

People

• Lead the people plan, identify hiring needs and lead recruiting processes;
• Work with function heads and take responsibility to facilitate effective execution and make sure nothing ‘falls through the cracks’ especially which such a strong growth rate;
• Establish and encourage policies that promote company culture and vision;
• Oversee Health & Safety ensuring the business is fully compliant at all time and lead the team to ensure any new H&S legislation is implemented appropriately and any H&S concerns are handled swiftly.

About You

To succeed at The Beauty Crop, you must have an entrepreneurial mindset and a growth-oriented attitude.

The ideal candidate must be comfortable with ambiguity and able to navigate the fast-paced and constantly evolving nature of our direct to consumer, e-commerce and wholesale/retail cosmetics business.

You must be willing to take calculated risks and have a bias for action, with a willingness to roll up your sleeves and get involved in all aspects of the business. You need to be a strategic thinker, with the ability to balance short-term tactics and objectives with long-term vision and goals.

Experience needed

• Training for / recently qualified ACCA/CIMA or equivalent;
• Minimum of 3 years’ experience in a senior financial management position in an eCommerce / Retail brand.
• Experienced at working at Board/C Suite level;
• In-depth knowledge of accounting software, corporate principals, and financial analysis.

You might have…

• SQL/Querying/BI tool experience
• Global experience (USA, Europe)

We would love to respond to every application however due to the volume of applications we receive this isn't always possible. If you have not heard within 2 weeks of applying, please assume on this occasion that your application has not been shortlisted. We may retain your CV to contact you about future employment opportunities that are being managed by The Growth Foundation Talent.

The Growth Foundation Talent is deeply committed to building a diverse & inclusive workplace and welcomes applications from all sections of the community.