
Fractional CFO, Shopify, Amazon Brands
Posted 1 day ago

Posted 1 day ago
This is a fully remote position, open to applicants in Canada, +2 more countries.
• Take full ownership of the company's financial operations from start to finish, encompassing cash management, bookkeeping, payments, forecasting, and financial planning.
• Maintain an up-to-date 13-week cash flow on a weekly basis, identify cash troughs, and align supplier and purchase-order payments accordingly.
• Ensure timely monthly book closing in collaboration with the external bookkeeper.
• Analyze the P&L in comparison to the budget with the CEO.
• Process contractor payments bi-monthly.
• Accurately and promptly pay supplier, freight, software, card, affiliate, and creator invoices and payouts.
• Project subscriptions, subscription cohorts, and the cash conversion cycle effectively.
• Compare projections with actual results and promptly highlight any discrepancies.
• Prepare sales tax filings with the CPA, ensuring timely submissions for both sales tax and corporate tax.
• Increase credit limits and lines while establishing and managing an asset-based lending facility.
• Cultivate and manage relationships with banks and lenders.
• Oversee currency exposure for supplier payments in RMB, USD, and CAD.
• Implement a two-person approval process for every payment and perform monthly account reconciliations.
• Ensure the books are always audit-ready.
• Set and monitor both annual and monthly budgets.
• Provide weekly cash updates to leadership and prepare a monthly finance report for the CEO.
• Manage AI finance agents and automation processes.
• Assist in structuring and managing tax matters for new entities in collaboration with the CPA.
• Fully remote and fractional role: approximately 1-2 days per week as needed, on an ongoing contractor basis.
• Proficiency in English is essential.
• A minimum of CFO or VP of Finance experience with at least one DTC ecommerce brand generating over $30M annually.
• Practical experience in managing 13-week cash flows, monthly closings with an external bookkeeper, and contractor and supplier payments.
• Familiarity with reconciling payouts from Shopify and Amazon.
• Understanding of metrics like nCPA, MER, LTV, COGS, and inventory cash cycles.
• Capable of developing cash flow, subscription cohort, and cash conversion cycle projections.
• Experience in setting up or managing an inventory- or receivables-backed credit facility.
• Ability to maintain lender confidence through precise reporting.
• Sales tax experience in conjunction with a CPA.
• Proven experience in managing payment processes that include approvals and reconciliations.
• Exceptional attention to detail regarding payments, filings, and financial records.
• Discreet and trustworthy with access to contractor payments, bank accounts, and owner finances.
• Responsive to cash or payment issues, including outside established working hours.
• Strong cultural alignment with the company's stated values.
• Enthusiasm for working closely with the founder and contributing to the company's growth.
• Bonus: Experience with an inventory-heavy brand importing from China.
• Bonus: Cross-border experience, such as between the US and Hong Kong.
• Fully remote work arrangement.
• Fractional schedule of about 1–2 days per week, as needed.
• Ongoing contractor engagement.
• Direct collaboration with the founder.
• Opportunity to play a significant role in scaling a profitable DTC pet brand from over $50M toward $100M.
• Make a hands-on impact within a lean, senior team.
• Flexible work arrangement inherent to the fractional, remote contractor structure.
Fender Musical Instruments Corporation
KittySpout
KittySpout
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