EVP, Chief Financial Officer at iHerb

| Pasadena
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Job Summary:

iHerb is a fast-growing global health and wellness retail leader, focused on offering our Customer earth’s best selection of available natural products, at the best possible value, delivered with the most convenient experience. iHerb is an e-commerce company located in Los Angeles., We are a growth-stage company that is equally fanatic about creating and maintaining a fabulous culture of support and success for all employees. Named one of the Top 50 Companies in Los Angeles providing Best Perks and Benefits by Built in LA Business Journal for 2019.

The Chief Financial Officer position is accountable for the administrative, financial, investor relations and risk management operations of the company, to include assisting in the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. This is a global position and requires experience in the creation of international entities and the management of existing global enterprises. This position will be a part of the leadership team and will contribute directly to the success of the company. 

Job Expectations:

  • Provide insightful and trusted counsel to the Chief Executive Officer, President, management teams and investors on both financial and broad-based business issues.
  • Serve as a key member of the senior executive team in providing input to management peers regarding financial implication of major business decisions. As well as strategic input in shaping the Company’s business objectives.
  • Establish a solid financial foundation with appropriate systems that will allow the business to grow/scale effectively (organically, through M&A, or IPO). 
  • Responsible for corporate liquidity, investments, and risk management related to the company's financial activities.
  • Analyzes cash flow, cost controls, inventory control, expenses and all financial statements to pinpoint potential areas for improvements. Implement and maintain checks of internal controls to safeguard the financial assets of the organization. Responsible for presenting and reporting accurate and timely historical financial information.
  • Oversees the organization’s risk management including general liability and related insurance coverages and risk mitigation. Maintenance, monitoring and review of all banking relationships.
  • Play key role in developing the company’s corporate structure related to acquisition, regional expansion, and potential IPO. Plans should take into consideration long-term tax strategies.
  • Ensure that record keeping meets the requirements of auditors and government agencies.
  • Responsible for reporting financial results to the board of directors and ensuring the audit committee is aware of any risk issues.
  • Oversight of all Finance and Accounting.

Knowledge, Skills and Abilities:

  • Prior proven success serving as a key member of the senior executive team in providing input to the CEO, President, and management peers regarding the financial implications of all major business decisions, as well as strategic objectives.
  • Ability to be both a leader and hands on “doer”.
  • Diversity of experience and exposure to a wide range of complex business models.
  • Strong FP&A skill set with analytical, intellectually curious mindset.
  • Business and operationally oriented.
  • Ability to develop and implement systems, tools and processes increasing business clarity.
  • Prior experience within a company that is backed by Institutional investors is preferred but not required.
  • Ability to understand new issues quickly and make wise decisions
  • Ability to inspire confidence and create trust
  • Ability to work under pressure, plan personal workload effectively and delegate 
  • Proven negotiation skills

Qualifications

  • Experience with Microsoft Office Suite (Word, Excel, PowerPoint)
  • Experience with Google Business Suite (Gmail, Drive, Docs, Sheets, Forms) preferred
  • The ideal Chief Financial Officer should have a CPA with 15+ years of progressively responsible experience along with some prior public company experience.
  • The candidate should have experience in partnering with an executive team.
  • Global experience with strong corporate governance
  • Experience with budget management, public accounting, and cash flow
  • Recent experience as CFO or #2 at a fast growing company, with strong familiarity metrics, and best practices.
  • Past experience with IPO or other strategic funding/relationships a plus
  • Ideally a combination of experience that includes a large, global complex company and a rapidly growing company. 
  • Bachelor’s degree in a relevant discipline
  • CPA required.

 #LI-ME1 

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Location

Pasadena is known for its charm, sophistication and the best night life this side of LA! Tech is in Irvine, one of America's best places to live!

An Insider's view of iHerb

What's something quirky about your company?

“Everyone is really different, nice and cool to be around. People are comfortable to be themselves, which is not common.”

Chris

Software Development Engineer I (SCS)

What's the biggest problem your team is solving?

“Most of the challenges stem from the extreme growth of the company in addition to keeping up with the technological advances in the market. We migrate and change quickly to adapt, which is the fun part because we are continuously learning.”

Alina

Senior Software Development Engineer (SCS)

What makes someone successful on your team?

"A top performer on my team is really exceptional at a few things above and beyond the skills to do their work. Building relationships, adapting to the environment as it changes, and acting with urgency are these key abilities that enable them to achieve rapid growth in their career at iHerb."

Sara

Product Manager

How do you empower your team to be more creative?

"More so than empowering individuals, you have to hire the right people, trust them and let them do what they are good at.”

Al

Director of Software Development & Platform (SCS)

What makes someone successful on your team?

"Collaboration, feedback and creative freedom contribute to our team's success. Collaborating and receiving feedback ensures the content of our projects is accurate and effective. We are also given the freedom to approach our projects however we see fit — this flexibility allows us to create learning materials that are engaging and interesting."

Nina

Curriculum Developer

What are iHerb Perks + Benefits

iHerb Benefits Overview

Perks include snack and beverage stations, on-site gym, video arcade room, sand volleyball court, team happy hour and networking events and more. iHerb is dedicated to providing comprehensive medical, dental and vision plans by contributing up to 80% of the monthly costs associated.

Culture
Volunteer in local community
iHerb is committed to helping great causes here at home and around the world. We partners with organizations like the Boys and Girls Club, Susan G Komen, Ronald McDonald House, Exceed, etc...
Partners with Nonprofits
Worldwide, we’ve donated over $5 million. iHerb facilitates two schools in Cambodia in addition to supporting the Cambodian Children's Fund and New Hope Cambodia in support of children's education.
Friends outside of work
Eat lunch together
Intracompany committees
iHerb's iFit and iFocus teams are dedicated to organizing company events in addition to creating wellness programs and initiatives. The overall health and wellness of our team members is priority!
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Highly diverse management team
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
iHerb Team Members can contribute up to $2700 annually to their FSA.
Disability Insurance
iHerb offers both short and long term disability coverage for its Team Members.
Dental Benefits
iHerb contributes 75% of the monthly costs associated with Cigna DHMO or Cigna DPPO dental plans.
Vision Benefits
Health Insurance Benefits
iHerb contributes up to 80% of the monthly costs associated with Blue Shield's HMO, HMO+, PPO and HDHP health plans.
Life Insurance
iHerb provides all full-time Team Members with a 100% company-paid $50,000.00 Life/AD&D policy. In addition, Team Members have the option to elect additional Life/AD&D coverage plans.
Pet Insurance
Wellness Programs
Onsite Gym
Team workouts
iHerb's team fitness initiatives include in-office yoga and in-office fitness classes.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
iHerb contributes a 100% match up to 4% of the Team Member's election.
Company Equity
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Family Medical Leave
Company sponsored family events
iHerb invites employees and their family members to attend a local minor league baseball game every summer.
Vacation & Time Off Benefits
Generous PTO
iHerb employees receive up to 20 days per year of paid time off based on years of service.
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Company Outings
iHerb hosts company outings throughout the year (varies by location).
Game Room
Our game room includes Ping Pong, Foosball and Video Games.
Stocked Kitchen
Happy Hours
Happy hours are hosted on occasion .
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
iHerb offers employees professional development opportunities like the ability to attend job related conferences and seminars.
Tuition Reimbursement
Our tuition reimbursement plan offers an annual max of $5250 with a maximum total match of $5250.
Lunch and learns
Cross functional training encouraged
Promote from within
Continuing Education stipend
Online course subscriptions available
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