VP, Finance at iHerb

| Orange County
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Job Summary:

The Vice President of Finance is responsible for leading company-wide financial analysis, planning, management, forecasting, and reporting. As a trusted advisor to senior management, the VP, Finance will provide leadership and guidance to teams across the organization.

Job Expectations:

  • Oversight of Financial Reporting, Business Intelligence, and Fraud function - to include the design of an organizational structure adequate for achieving the department’s goals and objectives
  • Oversee actual vs. forecast analysis by cost center and identify root causes of variances
  • Provide analysis on return on investments related to various operational expansion and efficiency processes
  • Oversee business unit finance personnel domestically and internationally
  • Ensure policies and procedures are in compliance with professional standards, state and federal regulatory requirements, especially with SEC reporting
  • Monitor debt levels and compliance with debt covenants, as part of the forecasting process
  • Assessing current financial operations, offering recommendations for improvement and implementing new processes
  • Partner with Executive level team members as a financial problem solver and identify how to maximize planning and results
  • Design, establish, and maintain organizational processes to accomplish company goals and objectives
  • Produce monthly, quarterly, annual, and ad hoc reports to be presented to the Executive team
  • Provide for a system of management cost reports and make recommendations for reducing waste and inefficiencies
  • Provide business operations metrics and key performance indicators for each functional area
  • Ensure that the Fraud team’s process for reviewing customer orders is efficient and yields low customer friction, while maintaining low fraud rates
  • Assist the Fraud team in utilizing effective fraud tools to their full potential, as well as supplementing them with in-house e-commerce technology

The duties and responsibilities described above may provide only a partial description of this position. This is not an exhaustive list of all aspects of the job. Other duties and responsibilities not outlined in this document may be added as necessary or desirable, with or without notice.

Knowledge, Skills, and Abilities:

Required:

  • Results oriented and accountable manager; willing to challenge the status quo
  • Must possess excellent communication (written and verbal), technology, analytical and management skills
  • Must possess a high degree of proficiency and accuracy in handling detailed information and ensure timely processing of the information
  • High reasoning capability required, and must be able to assess any situation quickly and make sound decisions based on limited information
  • Strong work ethic and the ability to handle multiple projects simultaneously

Equipment Knowledge:

  • Experience with Microsoft Office Suite (Word, Excel, PowerPoint)
  • Experience with Google Business Suite (Gmail, Drive, Docs, Sheets, Forms) preferred

Experience Requirements:

  • Generally requires a minimum of ten (10) years of relevant accounting and finance experience and five plus (5+) years in management
  • Experience with FASB and GAAP pronouncements and updates required
  • SEC reporting experience required
  • Experience with documentation and test work for Sarbanes-Oxley compliance required

Education Requirements:

  • Bachelor’s Degree Accounting or related field. 
  • Master’s in Business Administration (MBA) and/or a professional accreditation such as Certified Public Accountant (CPA) or Chartered Global Management Accountant (CGMA) preferred, or a combination of education and equivalent work experience.

Please Note: At this time we are not offering any employer-sponsored work authorization. ​

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Technology we use

  • Engineering
  • Product
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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
Diversity manifesto
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
Starting in 2021, iHerb will cover 100% of the monthly costs associated with Blue Shield's health plans. Through the end of 2020, iHerb contributes up to 80% of the associated costs.
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
Remote Work Program
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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