Chief Financial Officer

TOMS is in business to improve lives. When you wear or work with TOMS, you help support children’s education, health and well-being, giving kids everywhere the gift of better tomorrows.

The Chief Financial Officer (CFO) will be critical to driving TOMS’ overall growth and success by overseeing financial operations, strategic planning, and fostering a culture of financial excellence. Reporting to the CEO, the CFO will be an integral part of the senior leadership team, which sets the tone for the rest of the organization – both in working as a team and in embodying TOMS’ core values and operating principles.

About the Role:

The CFO of TOMS is responsible for ensuring the integrity of the company’s financial and budgetary controls and reporting systems, for ensuring adequate financial flexibility to execute the company’s operating and strategic plans, and for informing executive decision-making across the enterprise. They will oversee the functions of controllership, financial reporting, treasury, financial planning & analysis functions, and taxation. These functions are primarily centered in our US HQ, located in Culver City, CA and include regional finance staff in Amsterdam (EMEA region) and China (APAC region). 

The Impact You'll Make:

• Work with the executive team to establish reliable financial and accounting systems and consistent policies to generate accurate, timely data, support financial analysis, and enable effective financial decision making, planning, forecasting, and reporting.

• Be a strategic partner to the CEO and executive team in deeply understanding the business, key drivers and goals. Build processes and systems to support current and growing business as well as create KPIs and dashboards for the executive team and Board to better assess and manage the business.

• Actively manage costs in the organization and propose ideas on how to streamline the business

• Lead the senior leadership team’s collaborative strategic planning and budgeting process (e.g., Annual Operating Plan and Long-Range Plan) to ensure that TOMS sets and achieves its goals and objectives. Maintain a consistent pulse on the business and instill in the executive team and company the tools and processes to do the same.

• Oversee broad financial management including operational finance, financial systems, treasury, financial planning & analysis, tax, controllership, audit, cost initiatives, finance team, and processes.

• Build profitability analysis and P&L by channel to include integrating operational KPIs – e.g., DTC KPIs, retail sell-thru, etc.

• Build profitability analysis and P&L by product (e.g.., category/class) and integrate with product, planning and merchandising functional metrics and levers (e.g., # of styles, unique material IDs, etc.)

• Design and build a financial planning and analysis function to partner across TOMS’ business functions by providing analytical support and management reporting to include support on budget planning (AOP), forecasting and long-range planning. Bring an ability to ‘see around corners’ and assess future opportunities and concerns.

• Drive continuous improvement in all financial processes, leveraging technology and staffing resources.  Working with key collaborators, play a significant role in streamlining processes

• Measure and manage near and long-term liquidity and forecast cash flows (13-week and rolling 12 month)

• Oversee lender relationships and ensure continuous compliance with credit terms 

• Lead the company’s global tax planning and compliance functions.  Liaise with external tax advisors to estimate and prepare periodic tax and other distributions to shareholders as well as sales tax and other filings 

• Help ensure that TOMS is an easy company to do business with through rational policies, efficient processes, and clear communications with vendors and customers alike  

 What you Bring:

•  Significant operational, financial planning, and Board reporting experience, including prior CFO experience with equivalent cross-functional responsibilities within a global consumer products environment (ideally from footwear and/or fashion) with a complex global supply chain and sourced manufacturing

• Experience with raising and managing debt and equity financing

• Must be a strategic thinker who understands the business ramifications of financial decisions in a dynamic, fast-changing environment and a deep understanding of the business implications.

• Experience working successfully with operationally focused private equity investors, working capital providers, and a professional Board of Directors is essenti