Financial Officer for Amazon FBA Ecommerce Store

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TYPE OF WORK

Part Time

SALARY

600

HOURS PER WEEK

20

DATE POSTED

Nov 28, 2024

JOB OVERVIEW

Key Responsibilities:
Financial Strategy and Planning:
• Develop and execute long-term financial plans to support company growth and mitigate risks.
• Provide actionable strategies for increasing profitability and achieving business objectives.

Budgeting and Forecasting:
• Create and manage budgets to maintain financial health and operational efficiency.
• Forecast future revenue, expenses, and cash flow to guide strategic decision-making.

Detailed Financial Analysis:
• Analyze all expenses, profit margins, and cost of goods sold (COGS).
• Break down and report key financial metrics, including gross and net profit margins.

Financial Reporting and Insights:
• Deliver clear, comprehensive financial reports on a regular basis.
• Translate complex financial data into actionable insight.

Customer Acquisition Cost Analysis:
• Accurately calculate the cost of acquiring customers on various platforms.
• Implement strategies to reduce acquisition costs while maintaining growth.

Profitability Optimization and Cost Management:
• Identify opportunities to improve profitability and reduce unnecessary costs.
• Provide recommendations for pricing strategies and product profitability optimization.

Comparative and Trend Analysis:
• Compare financial performance over time to identify trends and areas for improvement.
• Highlight actionable insights based on historical and current data.

Capital Planning and Fundraising:
• Advise on capital allocation for new projects and growth initiatives.
• Support efforts to secure funding or manage investor relations.

Process and System Optimization:
• Recommend and implement tools or software to enhance financial tracking and reporting.
• Improve financial processes to streamline operations and reduce inefficiencies.

Strategic Decision Support:
• Provide financial insights to guide major decisions, including product launches, pricing strategies, and market expansion.
• Offer data-driven advice on hiring, scaling, and operational adjustments.
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Qualifications:
• Proven experience as a CFO, Financial Analyst, or similar role, preferably in eCommerce or Amazon FBA businesses.
• Strong understanding of eCommerce financial metrics, including advertising costs, COGS, and ROI.
• Expertise in financial modeling, forecasting, and budgeting.
• Proficiency with financial tools such as Microsoft Excel, QuickBooks, and business intelligence platforms.
• Exceptional analytical skills and the ability to interpret complex financial data.
• Strong communication skills to present financial insights effectively to team
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Preferred Skills:
• Familiarity with Amazon tools like Seller Central, Helium 10, Sellerboard or other Saas Tools.
• Knowledge of advanced financial strategies for inventory and scaling eCommerce businesses.

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