FINANCE SPECIALIST
WHAT YOU’LL DO
OPTIMIZE | As our Finance Specialist, you are responsible for optimizing the management of accounts payable and accounts receivable. Cash flow is the priority for our department. Being able to accurately and timely collect receivables and pay vendors appropriately is the number one way you can impact our cash flow. Revenue is vanity. Profit is sanity. Cash is king.EMPOWER | There will be other tasks outside of AR/AP that you will take on as you grow into the position. You have the freedom to take on various tasks and projects and ensure that this position does not feel mundane but rather contributes as a support system to all facets of CTC.
You will help add structure and transparency and continue to help build trust and clarity in the teams and the customers we serve.SUPPORT | You will be a critical contributing member of the Finance Department at CTC, supporting the Director of Finance, and our customers and growth teams. The Finance Department exists to provide support to all areas of our business, and your role is to make all these areas feel the support they truly need. As such, regular communication about the current status of accounts to appropriate team members is crucial.
WHAT WE LOOK FOR
This place isn’t for everyone, but it might be for you if…
YOU SET THE STANDARD
- You are committed to making decisions informed by research
- Your customer service is referenced as the bar that others strive to emulate
- You take pride in arriving to meetings prepared with insight to contribute
- You organize your time and say “no” appropriately so that you can attend to what is most critical
- You are committed to approaching challenge & failure with curiosity about how to improve
- Your word is trustworthy; you do what you say you will
YOU ARE DRIVEN TO INCREASE VALUE
- You are passionate about building brands for the next generation
- You gather context ahead of meetings so that you arrive prepared with insight and input
- You clearly articulate your expertise so that even a beginner can understand the concept
- You are in the habit of documenting and reporting your work
YOU CREATE AN ENVIRONMENT OF EXCELLENCE
- You seek opportunities to refine your skills without being prompted
- You desire to inspire others with your excellence and expertise
- You are willing to put in the reps to be an expert in your domain
- You resist the temptation to play victim; instead, you take 100% ownership over outcomes
What Success Looks Like
SUCCESS IN YOUR FIRST DAY TO DAY LOOKS LIKE
- Ensuring timely generation and payment of invoices and bills.
- Knowing what AR and AP require your attention, based on cash flow targets, and the best way to communicate and resolve those transactions with customers and vendors.
- Updating Quickbooks and the Cash Flow Forecast with new invoices and bills, so the Finance Department remains informed with accurate information.
- Proactively communicating with customers, the Director of Finance, and other departments to address questions or concerns that would impact cash flow.
SUCCESS IN YOUR FIRST THREE TO SIX MONTH LOOKS LIKE
- Optimize cash flow through AR and AP.
- Building relationships with all customers and vendors to ensure timely payments.
- Improving payment terms where you are able.
- Working with the Director of Finance to consistently and accurately update the Cash Flow Forecast.
- Tracking and minimizing overdue Accounts Receivable forecast.
- Manage Accounts Payable alongside the Director of Finance.
- Own all Accounts Receivable and Accounts Payable tasks.
DOMAIN
MANAGEMENT
- You will initially not have any direct reports or management responsibilities
ORIENTATION
- You will regularly interact with customers and vendors, primarily through email, as well as colleagues from every department at CTC.
WHAT’S IN IT FOR ME?
SALARY RANGE
- $60,000 - $70,000 base salary, annually
- This is prior to any benefits (see the “ABOUT US” Section for additional details
- Bonus Structure | 10% of base salary
ABOUT US
At CTC,
we are fixated on building the next generation of legendary brands and the people who will lead them.
To give ourselves our best shot at accomplishing this mission, we organize all of our decisions — from recruiting, to hiring, to raises, to promotions, to how we spend our time and money — in the direction of three committed values.We recognize these values aren't for everyone. They're challenging.In fact, they're so challenging, that's why we invest so much in supporting our team and why we tend to attract people who are craving the opportunity to do more at work than get a paycheck.
We're looking for those who are interested in making their work significant.For those who resonate with the following values, CTC has proven itself to be a remarkable place to grow and thrive.
We Set the StandardWe Are Driven To Increase ValueWe Create an Environment of ExcellenceWe’ll come alongside you and care for you in your pursuits by offering full-time permanent CTC employees:
- 401K | program with a 3% company match (post 90 days employment) to bring out the investor inside you
- TIME OFF | When you’re at CTC, you’re firing on all cylinders. To make that possible, we offer a Flexible Time Off policy where you will coordinate with supervisor to take time away from the office for rest, travel, and variety of others things that are important to you!
- MEDICAL | Full health, dental, and vision benefits that fit your lifestyle and goals
- WELLNESS | A wellness reimbursement program that inspires 360 degrees of health: mentally, physically, and spiritually
CTC is an Equal Employment Opportunity employer. We Embrace I.D.E.A. and are committed to fostering a culture of performance and inclusivity.Common Thread Collective provides this Privacy Notice for California Consumers/Employees only to individuals residing in the State of California who are considered “Consumers” under the CCPA and from whom we collect “Personal Information” as described in the CCPA (“Consumers”). This CCPA Employee Privacy Notice sets forth our privacy practices as required by the California Consumer Privacy Act of 2018 (“CCPA”). We provide you this notice because, under the CCPA, California Residents who are employees, employee applicants, or contractors qualify as Consumers.
For purposes of this CCPA Employee Privacy Notice, when we refer to Consumers, we mean you to the extent you are a California employee, employee applicant, or contractor. To see our full policy, please click
here.
