Team: Business Operations
Subteam: Finance
Classification: Exempt 
Job Type: Salary, Full-time
Location: Hybrid - Raleigh-Durham, North Carolina
Annual Salary: $227,200-$258,300*

OVERVIEW:

Nugget® is looking for a Vice President of Finance to join our team as we continue to grow! This position plays a critical role in supporting our C-Suite and Executive Leadership Team (ELT) by providing data-driven insights and strategic guidance so we can run the business by the numbers, while maintaining alignment with our core values. The ideal candidate will thrive by applying their technical expertise and cross-functional business acumen and experiences in intentional ways within Nugget, while also balancing innovative thinking unique to Nugget’s approach to designing, manufacturing, and selling products direct-to-consumer.

This role will have complete responsibility for Financial Accounting and Reporting, Financial Planning, Analysis and Management Insight, and Executive Leadership and Management for Finance at Nugget. You’ll serve as the representative of the Finance Function on the ELT, and a strategic partner to the C-Suite, setting the strategy for achieving (and providing input into) Nugget vision and values. Our ideal candidate is excited to bring a strategic mindset and financial expertise to Nugget – helping our company continue to innovate and scale, while managing the daily details the function requires. If this sounds like you - we’d love for you to apply today!

What is Nugget? We are an industry-leading, fun-loving Play company (est. 2014) that brings homes to life with bold play and big imaginations. We design, develop, manufacture, sell, and ship our part-toy, part-furniture products (The NuggetⓇ - The Original Play CouchTM - and Chunk™ - The World’s First Play OttomanTM) with a team of ~100 Nuggeteers in Butner, North Carolina (just outside of Durham) and Atlanta, GA. And we’re just getting started — in both 2020 and 2021, Inc. Magazine named us the fastest-growing manufacturing company in the United States, and we have new stuff up our sleeves. We’re proud to continue the industrial legacy of North Carolina, and to make kids furniture for growing imaginations.

ABOUT THIS ROLE:

Financial Accounting & Reporting

ou’ll develop, manage, and assist Accounting Resource(s) responsible for all aspects of Nugget’s accounting and reporting processes, including daily activities in the areas of inventory, fixed assets, accounts payable and procurement card purchasing, revenue recognition, payroll processing, and various tax filings

• You’ll be responsible for the preparation of monthly financial statements in accordance with GAAP
• You’ll review all  monthly reconciliations of  investment and operating cash accounts
• You’ll assist outside accountants with an annual financial compilation, as well as federal, state, personal property, and franchise tax returns
• You’ll partner with the  VP of Operations in the selection and implementation of ERP software

Financial Planning, Analysis, and Management Insight

• You’ll lead annual budgeting process in partnership with the Executive Leadership Team (ELT), and prepare monthly budget to actual variance analysis
• You’ll work with ELT to develop capital budgets and investment return analysis
• You’ll assist leadership team in tracking project expenditures and variance from budget 
• You’ll prepare monthly/quarterly/annual financial communications for all levels of company employees with appropriate amount of detail and insight
• You’ll provide ELT with appropriate information required to manage their functions  
• You’ll provide financial analysis required by our four business Functions and respective Departments: DESIGN (Product), MAKE (Supply Chain, Manufacturing, Engineering), SELL (Marketing and Creative Services) and SUPPORT (Legal, People, Finance) for departmental decision making 
• You’ll proactively identify recommendations for improving profitability and optimizing resources within Functions and Departments
• You’ll manage KPI data collection and reporting at the company level, assisting ELT with KPI data collection and reporting at the function level
• You’ll manage Nugget’s cash and investments ensuring appropriate risks/returns and availability of funds when required

Executive Leadership and Management

• You’ll work with our outside advisors such as Investments and 401(K) support to ensure compliance with all regulations, optimal performance, and risk mitigation for the business
• You’ll hire and develop accounting and finance team members as needed 
• You’ll provide financial business training, utilizing outside resources when necessary or optimal, as required for all levels of employees
• You’ll provide ongoing leadership support; performance management; regular Check-ins, 1:1’s, and semiannual Reviews for your direct reports; and guidance for your team to develop and grow in their roles in a high-care + high performance environment
• You'll act as a liaison between Nugget and relevant external partners and related consultants, managing related expenditures and budgets and negotiating favorable terms to optimize resource allocation and ensure financial efficiency
• You’ll have budget development and oversight responsibilities for the Finance Function, monitoring and considering revisions in line with company priorities on an ongoing basis
• You’ll collaborate with members of the ELT to set the strategy for achieving (and provide your perspective, advice, and input into) Nugget’s vision, values, policies and culture, considering the needs of the whole organization, with an eye towards the financial health of the business
• You’ll provide strategic oversight to and develop clear priorities and performance measures for the Finance department, and utilize the OKR and KPI framework, to ensure departmental and interdepartmental initiatives are meeting Function goals and driving results towards company-wide business objectives
• You’ll ensure that cross-functional systems and companywide efforts consider, address, and leverage your Function’s needs, strengths, calendar, responsibilities, and goals
• You’ll enable your team’s role in cross functional collaboration
• You’ll coordinate, guide, and lead by example the Department Leadership Team (DLT) and Management Team (MT)
• You’ll be a representative of the ELT and a positive role model for all employees at Nugget
• As a fiduciary to the company, you will act in good faith, due care, and in the best interest of the business, while upholding and embodying our values

ABOUT YOU:

• You have 10+ years of Finance/Accounting Leadership experience, including 7+ years in leadership/management roles with a company (or companies) that design, manufacture and sell their products direct-to-consumer, along with other channels
  • Bonus: You have a CPA certification or license and/or MBA
• You have a strong understanding of standard financial/accounting procedures, GAAP concepts and principles, and internal controls
• You have experience with implementation and maintaining ERP software
• You hold yourself and others to a high standard of integrity and values, always prioritizing confidentiality, trust, and championing ethical business practices across your team and/or company
• You can communicate effectively to non-financially oriented leaders, providing timely and helpful information across the company
• You can make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems within a rapidly evolving company
• You have organizational savvy and can effectively build relationships and partner with other individuals, teams, and departments across the company to accomplish goals and achieve results
• You take a forward-thinking, strategic approach to your work, and utilize your insights and knowledge of the business to anticipate future possibilities, industry trends, and implications accurately
• You are skilled at developing and delivering multi-mode communications, and are effective in a variety of communication settings – one-on-one, small and large groups, or among diverse styles and position levels
• You approach work with a “no job is too small” attitude and have a curious mind, always willing to learn and grow your imagination