Location: Brentwood, CA
Company Background: Venice Brands is a privately held firm whose mission is to build and scale consumer branded companies that focus on health, wellness and sustainability both via de novo companies and via acquisition. For new companies, we engage at the concept phase and then, once we are aligned with our co-founders, take the lead in forming the legal structure, hiring the core team, engaging branding and product development firms, and raising any necessary capital (which is often provided in whole or in part by our sister investment firm). We also seek opportunities to acquire existing businesses, typically via asset purchases, where we like the fundamentals and believe that our team’s experience and oversight will allow us to accelerate growth and profitability. In either scenario, as the businesses grow and increase in complexity we often bring in executive leadership to lead the day-to-day operations, but in select instances we play that role ourselves. We have a seasoned finance, accounting and back office team that works across several of our portfolio companies, and we have an extensive industry ecosystem that we tap into on a regular basis. Our goal is to build each of our brands into a sizable, cash-flow generating business with strong customer loyalty and then have the option to strategically exit or to hold them forever.
Job Description: We are seeking an experienced Staff Accountant to join our team. This person will report to our Controller and will work primarily on Bread Head, a rapidly growing fast casual restaurant chain that was named “LA’s Next Great Sandwich Shop” by the Los Angeles Times. There will be substantial exposure to the Company’s CEO and other members of the leadership team, as well as with the restaurant managers and hourly personnel. This person must have a positive attitude, be able to work in a professional office environment 5 days a week, and demonstrate a willingness to work hard to get the job done (with some rare work on weekends given the nature of the business). Experience in the restaurant and/or retail industry is a huge plus.
Responsibilities
- Manage all AR and AP across the restaurants plus corporate (note, we use Bill.com)
- Close the books on a monthly basis and prepare accurate P&Ls, Balance Sheets and Cash Flow Statements
- Update daily, weekly and monthly KPIs to help management better understand the business and key trends
- Oversee diligence efforts with prospective sources of capital (both debt and equity)
- Establish and enforce proper accounting methods, policies and principles
- Assist the Controller with pricing, margin, inventory and cashflow analysis as needed
- Responsible for ensuring compliance with all applicable laws, rules, and regulations
- Maintain reporting of our fixed assets and tracking of capital projects
- Process and record payroll for each restaurant plus corporate (note, we use Toast and Paychex)
- Prepare and file sales tax & business taxes and assist with ensuring compliance with legal requirements by jurisdiction
- Set up new restaurant entities in QuickBooks, Bill.com, Toast, etc.
Qualifications
- Degree from a top tier undergraduate university and strong academic track record
- 7+ years of hands-on accounting experience, ideally with some in the fast casual restaurant industry
- Highly proficient with Microsoft Office Suite, especially Excel – including pivot tables, v-lookups, model development
- Experience with QuickBooks, Bill.com, Toast, Paychex, etc. (or similar software)
- Strong attention to detail with an emphasis on accuracy and quality
- Excellent organizational and time management skills
- Strong knowledge of accounting principles
- A self-starter, but is also highly effective in team environments
- Able to multi-task and prioritize with efficiency
- Excellent verbal and written communication skills
- Able to support multiple concurrent projects and meet deadlines
- Must have a solutions-orientation when problem solving and able to demonstrate a sense of urgency
Interested candidates should send an email and resume to greg@venicebrands.com