88 Acres Food Inc.

Compensation

Full Description

Description: INVENTORY & FINANCIAL ANALYST Position Title: Inventory and Financial Analyst Date: 2025 Reports To: CFO FLSA: Exempt Salary: $80,000 - $90,000 per year NATURE AND SCOPE OF POSITION The Inventory & Financial Analyst (IFA) is an integral part of the finance team that builds a bridge between production operations and the financial function of the organization. The IFA will contribute to monthly book closing, inventory management, financial reporting and serve as a key resource and subject matter expert to the company's warehouse and inventory management system. The ideal candidate will be capable of working both independently and as part of a team, and will have excellent verbal and written communication skills to ensure success of cross functional collaboration. Requirements: KEY RESPONSIBILITIES AND JOB TASKS • Contribute to the monthly close process including but not limited to inventory close, sales reconciliation, prepaids, and channel specific cash, ensuring books and records are accurately maintained in accordance with 88 Acres policies and procedures; • Operates as a key lead resource and subject matter expert on the organization’s warehouse management system (WMS), streamlining processes, implementing best practices, capitalizing on program functionality,and ensuring compliance with WMS utilization across the business; • Utilize the WMS to maintain traceability records, and track monthly production output, and conduct monthly inventory reconciliation; • Assist in development of monthly, quarterly, and year end inventory management and reporting structure, and ultimately lead the execution of such reporting; • Conduct inventory analysis based on historical usage to generate POs for ingredients and packaging. Identify additional functionality within WMS to help support these activities (forecast / scheduling) • Prepare financial reports including but not limited to order reports, item and customer profitability, inventory and other ad hoc reports; • Analyze inventory and recommend corrective actions including avoiding low stock levels, analyzing product performance, quality issues, and maximizing sales and reducing overstocks; • Contribute to the reporting and financial performance management frameworks for the business and help define key metrics and performance indicators to evaluate overall business performance; • Pursue continuous improvement in all areas of the business with an emphasis on, Operations, Supply Chain, Selling, Marketing and Finance; • Various Ad-hoc analysis and projects as assigned by the CFO; • Support the CFO in the maintenance and creation of the monthly/ yearly budget and model. REQUIRED SKILLS AND COMPETENCIES • The highest standards of accuracy and attention to detail in a dynamic, multitasking environment • Ability to work cross-functionally with the broader Finance team, Production team, QA team, Marketing and Warehouse teams to fully understand the business, its customers, and overall operations • Excellent interpersonal skills at coordinating and consolidating inputs across multiple functions • Validated ability to roll up sleeves and work in a hands-on capacity. • Teammate capable of communicating and collaborating across global and cross-functional partners. • Knowledge of general accounting and financial planning • Financial analysis and modeling skills, and experience in forecasting, budgeting, reporting, and variance analysis • Able to work independently, with limited direction. • Strong written and verbal communication skills; innovative, organized, and thorough. REQUIRED EDUCATION AND EXPERIENCE • Bachelor's degree in accounting, finance, or related areas • 3+ years accounting & finance experience, preferably at a CPG company • Advanced proficiency in quickbooks, Excel, powerpoint required • Working knowledge of Wherefour a plus but not required WORKING CONDITIONS • This position operates in a normal office environment which requires sitting, using a computer and speaking with co-workers • 88 Acres operates a hybrid working model, where employees are expected to work in the office for inter team collaboration 4 days per week. BENEFITS Benefits for full time employees include partial employer funded medical, dental, vision, employer funded life insurance, 401k with company match, a flexible time off policy, and paid holidays. ABOUT US We are an inclusive food company that creates better food for our bodies, our communities and our amazing planet. We believe in making a delicious difference, by creating snacks that are inclusive and delicious so you never have to compromise. Using seeds as our foundation, 88 Acres is redefining the world of free-from and plant-based foods. As a female founded/led and mission-driven company, we built our own bakery just outside of Boston to fuel purposeful jobs into an area of need, ensure safety for those with food allergies and craft that made at-home goodness we all crave. At our certified top 9 allergen-free bakery, we create lines of Seed Butters, Seed + Oat and Protein Bars, and Seed’Nola. Since our launch in 2015, we've been fortunate to share our foods with some amazing partners and communities such as Whole Foods, Sprouts, Market Basket, BJ’s, Cafe Nero and many more. The above statements are intended to describe the general nature and level of work being performed by people assigned to do this job. The above is not intended to be an exhaustive list of all responsibilities and duties required. 88 Acres is an equal opportunity employer. 88 Acres will not discriminate against any applicant for employment on any basis including, but not limited to: race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, military and/or veteran status, marital status, predisposing genetic characteristics and genetic information, or any other classification protected by federal, state and local laws The above statements are intended to describe the general nature and level of work being performed by people assigned to do this job. The above is not intended to be an exhaustive list of all responsibilities and duties required. • External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case by case basis.