Head of Finance

Role: Head of Operating Finance

Salary: $200,000 - $300,000 + equity + benefits 

Location: Remote within the US with travel as required

Manufactured is a venture backed inventory platform. We are building the first inventory exchange for SMBs creating, making, and selling physical products around the world. We serve customers doing $1M - $100M in annual revenues in Fashion, Accessories, Healthcare, Construction Materials, CPG, Food, Electronics, Home Goods, Industrials, and Commodities. 

With over 1200+ vendors across 25 countries (and growing), we make the inventory cycle a breeze by handling everything from vendor discovery and negotiation to shipping, warehouse coordination, quality control, PO advances, through to collections. With over $150 million in volume powered by Manufactured since we launched in 2019, we deliver a compelling inventory partnership for fast growing SMBs. 

We are a post-Product Market Fit, Series A startup that is growing 850% Year on Year. There is tremendous opportunity in our ~45 person team to take ownership, make an impact, and build an extremely rewarding, accomplished career. 

We don’t care about: 

• Where you went to college
• What you studied
• If you’ve worked at blue chip companies 

We do care about: 

• What you’ve done
• What you can do
• How you’ll do it 

This looks like: 

• Making success a priority: We value ownership, initiative, and tenacity 
• Having a point of view: We hire smart people and want to hear opinions. We’re low ego, and we welcome feedback and new ideas informed by data and intuition 
• Being a good person and teammate: We all contribute to a positive, inclusive workplace. Direct communication, kindness, and integrity are non-negotiables 

You’ll be trusted and challenged to do your best work in a fast moving, high performing environment. If this sounds like you, please read on! 

MFD is looking for a seasoned, agile, innovative Head of Finance who will be on track to head all Corporate and Cashflow finance areas of the Company.

The Head of Finance will oversee:

• All 1st Party Internal Finance Management (Corporate Expenses, Budgets, and Operating Costs)
• All 1st Party (MFD) Internal Inventory and Receivable Management (Billing, Invoicing, Purchasing, Collections, Reconciliation, A/R, A/P)
• All 3rd Party Inventory and Receivable Cash Management - Merchants and Vendors (Revenue Forecast, Inventory Consumption, Collections, Payouts, Transaction Reconciliation, A/R, A/P)
• All Cash Flowing in and out of Capital Markets Activities.
• Treasury Finance Management (Liquidity Management, Vendor Payouts v/s Borrowings, Float Management, Merchant Collections v/s Repayments) 
• Accounting and Bookkeeping Oversight on Internal Corporations 
• Management Financial Reporting on Portfolio Corporations.
• Finance and Revenue Forecasts and Model Analysis
• 13 week / 26 week Inventory x Cash flow Cycle Management and Administration.
• Financial Reporting, Audits, Tax-Related Matters, Compliance, and Regulations

Day to Day Responsibilities:

• Work with Supply and Capital Markets teams to establish proper process and procedure related to transaction flow and inventory cycle
• Map Transaction Flow inside Inventory and Finance and combine reporting from off-shore and on-shore teams into 1 dashboard
• Maintain Pro-Forma Profitability Analysis (Costing Analysis) and track attribution of expenses thru transaction
• Build A/P and Inventory processes to reconcile Advance payments with Inventory in stock
• Build A/R and Billing processes to reconcile Customer Collections with Receivables and Transaction References in accounts
• Track Transaction level Profitability at Pro-Forma Level and Actual level in real time with Counter Party attribution
• Build, and monitor Inventory > Cash dashboards by Customer, by Counter Party and Obligor, and manage streaming data inputs and adjust risk models for exposure

Qualifications:

• 10+ years experience in finance, preferably some experience in manufacturing
• Strong analytical skills with the ability to interpret complex financial and operational data
• Proficiency in financial modeling, cost analysis, and budgeting
• Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams and third-party partners
• Attention to detail and ability to maintain accuracy while working with large datasets
• Ability to lead and manage a team, providing guidance and direction in achieving inventory and financial objectives
• Experience in project management, including coordinating tasks across multiple teams and stakeholders

The Ideal Candidate has had in-the-trenches experience at most, if not all of the following:

• Fintech Lending against Assets / Private Equity Operation of Portfolio Assets
• Inventory Purchase and Sale (Trading)
• Global Cross Border Trade Sales and Purchase
• Venture backed Startup Growth
• 1st party and 3rd party Revenue and Operations Control (similar to Private Equity / Rollups)
• Integrating Operations + Finance + Revenue 

Working at Manufactured:  

We’re a remote first company, based in Los Angeles. Our team is around fifty people, and growing quickly. 

Manufactured is a small, fast growing startup. Which means we deal with ambiguity and require a sense of ownership from all our team members. This is reflected in our core values. 

Our core values are: 

Urgency: Always act like an owner, seek help in case of delays beyond 48 hours, move quickly when you have enough information (usually 70-75%), know when to dive in if there’s a crisis, and hold true to the best possible timelines without compromising on quality, value or process.

Authenticity:  Be Authentic, be real, be respectful both, in front of and behind a person’s back. If you are frustrated, you’re frustrated. If you’re stuck, you’re stuck. If you’re worried, you’re worried. Let's support each other in resolving these issues. Be upfront and respectful in your conversation. We are a multi cultural, distributed, global team. Respectful authenticity in communication is critical.

Contextual Ownership: Our business is as much about people and relationships as it is about technology and process. We take time to build relationships and understand the needs of our internal and external partners. Context and empathy helps us understand the “why”. We set goals and drive outcomes based on context and realities, rather than tasks and process alone.

Effectiveness: Did it work? Did it solve the problem? Was it a short term hack? or a long term process solution that benefits everyone? Was it something we can use to grow / move forward or was it a defensive solution. Did we meet our stakeholders’ expectations, did we exceed them? Did our stakeholders all win? Are you using your time correctly? Are you helping your team members use their time well? Are you contributing to the growth of the company?

Critical path thinking:  "What is the shortest risk-mitigated route to the Best Potential Outcome?"

Our CEO and Founder, Pranay Srinivasan, writes often on LinkedIn about our culture and operating principles. We recommend these articles in particular: 

Our core values: https://www.linkedin.com/feed/update/urn:li:activity:6993599543976099840/

Our operating framework: https://www.linkedin.com/posts/pranaysrinivasan_08312022-a-big-part-of-our-work-at-manufactured-activity-6970875309470494720--bfv/