Finance And Accounting Manager

Adams Keegan - Memphis, TN

Full-time - Mid Level

Memphis, TN

Administrative and Support Services

About the position

Morningside Brands, Inc. is seeking a highly skilled and motivated Accounting and Finance Manager to join our dynamic and rapidly growing startup in the premium spirits industry. This role is pivotal in executing all financial and accounting activities within the company, reporting directly to the founder and CEO. The Accounting and Finance Manager will not only handle standard accounting and financial reporting but will also play a critical role in shaping the financial future of Morningside. This includes developing and implementing financial strategies, ensuring compliance with accounting standards, and providing insightful financial analysis and forward-looking projections to support business growth. The successful candidate will work closely with Morningside's operations, marketing, and sales teams, interfacing with board members and contributing to company strategy. The position requires a strong focus on accounting operations, cash flow management, inventory oversight, internal controls, financial strategy and planning, budgeting and forecasting, risk management, team leadership, and tax compliance. As part of our growth, we offer a dynamic work environment with opportunities for career advancement as we scale. We are committed to crafting exceptional spirits that reflect our dedication to quality, innovation, and customer satisfaction, and we are looking for a team member who shares this commitment.

Responsibilities

• Executing accounting operations, including accounts payable, accounts receivable, and general ledger, ensuring accurate and timely financial reporting.
• Preparing and presenting financial statements, reports, and analyses to the executive team and board of directors, ensuring compliance with GAAP and other regulatory requirements.
• Managing cash flow to ensure the company has adequate liquidity to meet its obligations and developing strategies to optimize cash flow and working capital.
• Overseeing and managing inventory in collaboration with the operations team, ensuring accurate inventory levels, timely replenishment, and efficient resource use to meet customer demand while minimizing costs.
• Establishing and maintaining robust internal controls to safeguard company assets and ensure the integrity of financial data.
• Developing and implementing financial strategies to support the company's growth objectives and providing financial insights and recommendations to the executive team.
• Leading the budgeting and forecasting process, monitoring financial performance against budgets and forecasts, and providing variance analysis.
• Identifying and mitigating financial risks, developing and implementing risk management policies and procedures.
• Growing, leading, and mentoring the finance and accounting team, fostering a culture of continuous improvement and professional development.
• Ensuring compliance with all tax regulations and filings, working with external tax advisors as needed.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field; CPA strongly preferred; master's degree in accounting, finance or business administration preferred; additional certifications such as Certified Management Accountant or Chartered Financial Analyst are a plus.
• Minimum of 7-10 years of progressive experience in accounting and finance roles, with at least 3 years in a management or leadership position.
• Mastery of Microsoft Excel.
• Proficiency in accounting software including Bill, NetSuite, and QuickBooks.
• Strong knowledge of GAAP and financial reporting standards.
• Excellent analytical, problem-solving, and decision-making skills.
• Proven ability to develop and implement financial strategies.
• Team management skills.
• Excellent communication and interpersonal skills.

Nice-to-haves

• Experience in a fast-paced environment, with a proven ability to adapt to changing priorities and business needs.
• Experience in the beverage or consumer goods industry is a plus.