VP of Finance & Administration

About GEAR AIDAt GEAR AID, we champion renewal in all things we do in the places we live, work and play. Serving the full spectrum of outdoor enthusiasts, we are leaders of care and repair products supported by a small, but passionate team. For anyone who works or adventures outside, GEAR AID designs essential camp tools and effective products that fix and restore gear. We are looking for our next VP of Finance and Administration who shares our vision for a world where people are empowered to buy less, make their gear last longer, and find connection in the outdoors.Position SummaryAs VP of Finance & Administration, you will be responsible for overseeing the financial, administrative, and risk management operations of the company, supporting and directing the strategic initiatives to maximize business results. This position plays a critical role in ensuring a sustainable financial business model to drive business growth and stability by leveraging financial management and analysis to effectively communicate data to stakeholders to support data-driven decision-making. Areas of focus include proactive management of cash flow, ensuring accurate and timely operational and financial reporting metrics, detailed financial modeling and analysis to support informed decisions, and the continuous improvement of a financial and operational strategy.In addition to providing executive level leadership and guidance, this position supervises the Financial, Business Systems (IT), and People & Culture departments with three direct reports.Work location for this position is on-site in Bellingham, WA.Key Accountabilities-What You Will DoFinancial Planning / Analysis

Develop, monitor, and direct the implementation of strategic business plans and operational and capital budgeting processes.

Develop KPI's that support the company's strategic direction and guide the management team to execute the business plan.

Draft and implement policies and best practices to support achievement of objectives and required standards.

Perform analysis and forecasting, facilitating measurement and reporting of organizational objectives.

Study long-range economic trends and project the impact on future growth in sales and market share.

Financial Operations & Administration

Oversee the Accounting department directing the preparation of all financial and income statements and reports, tax and legal reporting, sales and profit projections.

Compile and present monthly and annual financial statements to the leadership team interpreting and sharing results in a manner as to tell the story from a financial and operational perspective.

Manage all third-party vendors in banking, legal services, accounting, insurance, 401k plans, and business systems.

Risk Management & Legal Compliance

Ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.

Maintain full integrity of all revenues, ensuring organization policies and procedures, as well as state and federal laws and regulations, are followed.

Monitor all open legal issues involving the company and coordinate with legal counsel relating to financial and corporate governance compliance and risk assessment matters.

Ensure appropriate insurance coverage, record-keeping, audit, and compliance.

Business SystemsReview and approve all IT systems, investments, and service contracts; support and facilitate all IT and business system implementations and modification, provide oversight and monitor internal control systems and cybersecurity practices.Oversee the company's transaction processing systems.Stay abreast of ind