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CAREERS ATĀ CHEERS

Finance Manager

STATUS

šŸ“£Ā  Ā  Actively Searching

EMPLOYMENTĀ TYPE

Full-time

LOCATION

Houston, TX (in-person)

About the Role

As Finance Manager, you will take a leading role in the financial accounting, reporting, forecasting, and compliance for Cheers. As Cheers continues to evolve, you will manage its existing accounting and financial reporting procedures. Moreover, you will improve upon these procedures and build out new processes to bring increased automation, completeness, and accuracy to these areas. Lastly, you will leverage the companyā€™s financial data and positioning to help inform business decisions.

The role of Finance Manager will involve becoming intimately familiar with all revenue/expense generating activities of the business. You will work closely with the VP of Operations at the outset to gain a bottom-up understanding of the various arms of the business. From there, you will develop protocols with each respective department to streamline financial data collection. Moreover, as Cheers pursues new business initiatives, such as retail expansion, you will play an active role in developing the frameworks and systems by which we account for and measure the financial impact of these initiatives.

Lastly, Cheers partners with Wiss & Companyā€™s WEST Growth program for early-stage companies. The services Wiss provides include monthly QuickBooks reconciliations and GAAP adjustments, CFO advisory services, and annual corporate tax filings. As Finance Manager, the Wiss team will support you in each of these areas and handle a portion of the associated recurring tasks.

The Finance Manager will report directly to the Vice President of Operations.

Areas of Responsibility

Starting AORs include, but are not limited to:

Accounting

  • Billing & invoicing management
  • COGS & inventory tracking
  • Monthly sales reconciliations
  • Monthly QuickBooks close outs

Reporting

Ā Ā Ā External
  • Prepare financial statements and charts for quarterly board meetings
  • Help develop and produce standardized financial reporting for RegCF investors
  • Help prepare annual financial reports with commentary for shareholders
Ā Ā Ā Ā Internal
  • Maintain existing suite of daily reports
  • Build out daily P&L reporting by business unit
  • Create daily financial summary dashboard

Forecasting

  • Help produce financial forecasts for the business
  • Build out monthly ā€œForecasted vs. Realizedā€ reporting
  • Help maintain and improve internal financial models

Compliance

  • Execute monthly state sales tax remittance procedures
  • Fulfill annual data requests for corporate tax return and extension filings
  • Handle annual financial review/audit data requests for RegCF SEC compliance

Skills &Ā Background

  • 2+ years of related work experience (required)
  • CPA certification (preferred)
  • Technical: QuickBooks (required); Excel (required); SQL (preferred)
  • Relevant Software: QuickBooks Online, Microsoft Excel, Google Sheets, Bill.com, A2X, Cin7, AvaTax

Compensation &Ā Benefits

  • $70k - $90k starting salary, plus stock options
  • Full medical, dental, and vision insurance
  • 401(k) program with company match
  • $1,500 personal computer credit to go towards new MacBook Pro

About Cheers

mission

Bringing people together by promoting fun, responsible, & health-conscious alcohol consumption.

vision

A world where everyone can enjoy alcohol throughout a long, healthy, & happy lifetime.

Cheers is a brand that exists at the intersection of alcohol and health. We have named this category "alcohol-related health." Our core belief is that alcohol is a good thing ā€” and by creating products and sharing knowledge centered around your alcohol-related health, we can empower our customers to lead happier and healthier lives.

To our knowledge, Cheers is the most successful alcohol-related health company in the United States. Since officially starting Cheers in 2017, we're proud to have:

  • Sold 18m+ doses of our products to a growing base of customers, which today stands at 400,000+ people.
  • Co-invented novel technologies with a leading Ivy League university toĀ improve upon the bioavailability of DHM.
  • Appeared on Shark Tank, The Washington Post, Buzzfeed, USA Today, and more.
  • Reached 50m unique Americans an average of 10x each (500m impressions) on Facebook/Instagram alone.

To date, Cheers has raised $2.3m from venture capital investors, and most recently raised an additional $1.8m from ~1,600 private investors through a Regulation Crowdfunding (RegCF) campaign. Since its launch in 2017, Cheers has driven $35m+ in revenue through cheershealth.com and amazon.com. In 2020, Cheers posted its first profitable year and covered all prior losses in the process. Currently, Cheers drives revenues of $8-10m annually with an operating margin of around 10-12%.

While Cheers is a digitally native brand, the next frontier for the company is retail expansion ā€“ aiming for Cheers to be available anywhere alcohol is sold.

The Company We Keep

We believe a thriving culture is about working alongside people with mutual respect & trust toward a common goal. Our culture is the main reason we consider ourselves a truly exceptional company, and it's our people who shape and grow it. We're proud to have assembled a team whose collective passion and ambition make no task seem too lofty and implement creative solutions to adapt to the changing DTC/retail landscape. We're always looking for people to join our team who have the same motivation to keep moving the ship forward and get excitement from learning new things and improving their skillset.

APPLYĀ FORĀ THISĀ POSITION

Please send your resume &Ā cover letter to
āœ‰ļøĀ Ā careers@cheershealth.com