Chief Financial Officer at Imperfect Produce
San Francisco, CA, US
About Imperfect
 
Imperfect is a produce delivery startup on a mission to reduce food waste and to make fresh produce more affordable, accessible, and convenient. We source produce directly from farms, which would otherwise go to waste, and deliver it to customers' doors for an average of 30% less than grocery store prices. Since our start in 2015, our customers have saved millions of pounds of produce from going to waste.
 
Imperfect is more than just a produce box! In everything we do, we bring an appetite, lead with heart, embrace imperfection, and work to grow the movement. We aim to cultivate sustainable environments everywhere we go–whether in the office, warehouse, or field. By working at Imperfect, you’re helping build a more sustainable and effective food system. You’re helping fight food waste. You’re ensuring farmers are rewarded for their full harvest. You’re improving access to healthy food in food deserts. With each curvy cucumber and misshapen potato, you’re helping shape our world for the better.
 
We're headquartered in San Francisco with operations in each of our cities: the San Francisco Bay Area, Los Angeles, Portland, Seattle, Chicago, Indianapolis, Milwaukee, San Antonio, Austin and Baltimore.
 
We're looking for folks who are positive, motivated, and ready to change the world. If that sounds like you, drop us a line!
 
 
About the Role
 
The acquisition of a world-class Chief Financial Officer is mission-critical for Imperfect Produce. The company seeks a CFO to manage multiple teams of professionals responsible for Strategic Planning, Treasury & Tax,Accounting Systems, Facilities, Internal Purchasing, Risk, Investor Relations, and Corporate Development. S/he will work directly with the company’s C-level executives and board members and direct all financial operations at the company. The Chief Financial Officer will be located in the corporate headquarters in San Francisco, CA. The role will report directly to the Chief Executive Officer, Ben Simon.

Responsibilities

    • Bring a strong point of view as a key member of the senior executive team with the goal of furthering the company’s mission
    • Establish the finance infrastructure, develop financial strategies, budgeting processes, and forecasts to support current and future revenue models
    • Provide strategic vision and tactical execution to enhance revenue growth and profitability
    • Drive the preparation of the Company’s financial budgeting and forecast process
    • Create rigorous financial models and execute sound financial analysis
    • Analyze company operations and develop financial systems infrastructure to pinpoint opportunities to create efficiencies and drive accuracy of all financial planning and reporting processes
    • Enhance current management reporting with more analytics and metrics to track business performance.
    • Communicate and coordinate with operating leaders to ensure these reports are aiding them in managing their areas of responsibility
    • Create and shape a performance-driven culture and drive an internal customer service orientation that values top- and bottom-line performance at the corporate and distribution center levels while embracing sensitivity to the workforce
    • Ensure that all regulatory reporting requirements are met; provide adequate structure and discipline around internal controls and the closing process
    • Serve as a coach and mentor to high-potential employees, giving them career-broadening opportunities.
    • Support the CEO in all funding activity
    • Develop key variance schedules (i.e. sales, gross margin analysis, pricing…)
    • Lead the preparation of budget presentations; the production of periodic financials, statistics and operational metrics for senior management; and the preparation of financial projection models. (High/low scenarios & Sensitivity analysis)
    • Oversee the preparation of all financial reports, including income statements, balance sheets, reports to stakeholders, tax returns, and reports for government regulatory agencies
    • Implement best practices, creating consistency in processes used across geographies
    • Drive ongoing increases in revenue and market share through expanding market penetration
    • Develop and implement operational dashboards for continued improvement in reporting and tracking of revenue and select operational metrics. Champion the deployment and continuous improvement of information technology used throughout the company
    • Review reports to analyze projections of sales and profit against actual figures, budgeted expenses against final totals, and suggest methods of improving the planning process as appropriate
    • Develop operating budgets by which performance requirements are communicated and measured
    • Maintain financial forecasting system to provide short- and long-term visibility to crucial financial decision points
    • Develop and maintain cost-effective systems that ensure timely and accurate tracking and reporting of all key financial and statistical data
    • Provide decision support analysis to promote fact-based decision making throughout the organization

Skills and Qualifications

    • Venture or private equity-backed, private company experience and managing teams in high-growth organizations with multi-site operations is preferred
    • Top-rated financial executive with increasing responsibility in senior management who has demonstrated an ability to navigate through complex, operations-heavy business models
    • Mission-driven mindset with the ability to think innovatively about financing alternatives and capital structures. Experience with capital markets
    • E-Commerce, CPG or related experiences with consumer-driven businesses or from best-in-class financial organizations with significant exposure to operations and financial planning & analysis
    • Demonstrated strategic thinker regarding competitive strategy, business models, and financial management
    • Ability to continue to grow and adapt as the business changes and demand new thinking and levels of performance
    • Experience identifying business opportunities, analyzing the competitive landscape and developing financial models that are consistent with the company’s overall strategy
    • Solid control orientation and financial planning & analysis background. Experience enhancing management reporting and budgeting processes are critical. Current with all regulatory reporting requirements and able to provide effective oversight to ensure compliance
    • Performance management-driven. The ability to drive accountability in oneself and others through enhanced measurement tools as well as through personal motivation
    • A history of enhancing financial transparency and efficiency of an organization; an understanding of the both the operational and financial dynamics of the business.
    • Understanding of best practices around structuring a finance organization and experience with implementing those practices

Details of Position

    • Reports to the CEO based out of our San Francisco headquarters (Bayview)
    • Full-time, non-exempt position
    • Salary and stock options commensurate with experience
    • Competitive benefits package including health care, paid vacation, 401k, and a weekly Imperfect box!

Physical Requirements

    • Sedentary work; predominantly involves sitting most of the time
    • Standing desks and / or other ergonomic accommodation is available upon request
    • Walking, climbing stairs, and standing are required only occasionally
    • Regular work with computers, including keyboards, mouses, and screens; regular use of mobile devices, including smartphones and tablets also required
Individuals seeking employment at Imperfect Foods are considered without regard to race, color, religion, national origin, age, gender, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation.
 
U.S. E-Verify Notice: Imperfect Foods participates in E-Verify in the United States. Imperfect will provide the U.S. Social Security Administration (SSA) and, if necessary, the U.S. Department of Homeland Security (DHS), with information from each new employee's Form I-9 to confirm work authorization.