Chief Finanancial Officer in Irvine, California at Eterna Management, LLC

ETERNA MANAGEMENT, LLC
CHIEF FINANCIAL OFFICER (CFO) – ACCOUNTING
Job Description

Job Title:
Chief Financial Officer (CFO) – Accounting
FLSA Status:
Exempt (Executive)
Department:
Finance & Accounting
Reports To:
Chief Executive Officer / President
Location:
Santa Ana, California (Orange County)
Employment Type:
Full-Time, At-Will

POSITION SUMMARY
Eterna Management is seeking a Chief Financial Officer to lead the company's finance and accounting function and serve as a strategic partner to the CEO and ownership. The CFO is responsible for financial reporting and internal controls, accounting operations, budgeting and forecasting, cash and liquidity management, tax and regulatory compliance, and financial analysis that supports growth across Eterna's branded product, contract manufacturing, and 3PL lines. This executive ensures the accuracy, timeliness, and integrity of the company's financial statements, builds scalable accounting processes and systems, and provides the insight leadership needs to manage margin, working capital, and risk. The CFO works closely with Operations, Sales, Supply Chain, R&D, and HR, and oversees the accounting, accounts payable, accounts receivable, payroll coordination, and cost accounting teams.
KEY RESPONSIBILITIES
Financial Reporting & Accounting Operations
Oversee the month-end, quarter-end, and year-end close; ensure financial statements are accurate, timely, and prepared in accordance with U.S. GAAP.
Direct accounts payable, accounts receivable, general ledger, fixed assets, and intercompany accounting activities.
Maintain the chart of accounts, accounting policies, and procedures; ensure consistent application across the organization.
Lead balance sheet reconciliations, accruals, and revenue recognition processes.
Oversee cost accounting, including standard costing, inventory valuation, and variance analysis for manufacturing and 3PL operations.
Coordinate with Payroll and HR to ensure accurate wage, tax, and benefit accounting.
Manage relationships with external auditors, outside accountants, and consultants.
Internal Controls, Risk Management & Compliance
Design, implement, and maintain strong internal controls over financial reporting, cash handling, procurement, and inventory.
Ensure compliance with federal, state, and local tax obligations, including income, sales and use, payroll, and excise tax requirements applicable to hemp-derived products.
Monitor changes in federal and state hemp and cannabinoid regulations and banking, payment processing, and tax rules affecting the business; assess financial impact and advise executive leadership.
Oversee insurance programs, risk assessments, and business continuity planning in coordination with Legal and Operations.
Ensure compliance with applicable California employment and wage-and-hour requirements within the finance organization.
Support due diligence, audits, lender requirements, and regulatory inquiries.
Budgeting, Forecasting & Financial Analysis
Lead the annual budgeting and rolling forecast process in partnership with department leaders.
Develop financial models and analysis on profitability by product, customer, and line of business, including contract manufacturing and 3PL margins.
Provide variance analysis and actionable insights to senior leadership on revenue, cost of goods, labor, and overhead performance.
Evaluate pricing, capital investment, and make-versus-buy decisions with Sales, Operations, and Supply Chain.
Establish and track KPIs such as gross margin, EBITDA, working capital, cash conversion, inventory turns, and labor efficiency.
Treasury, Cash & Capital Management
Manage cash flow forecasting, liquidity, and working capital, including receivables collections, payables strategy, and inventory investment.
Manage banking relationships, credit facilities, and lender compliance, including covenant reporting.
Evaluate financing, equipment purchases, leases, and capital expenditure requests; recommend funding strategies.
Develop credit policies and manage customer credit risk.
Strategic Leadership & Governance
Serve as a member of the executive leadership team and contribute to enterprise strategy, growth planning, and risk management.
Prepare and present financial results, forecasts, and risks to the CEO, ownership, and board as required.
Support strategic initiatives such as expansion, acquisitions, new product lines, and system implementations.
Lead selection, implementation, and optimization of ERP, accounting, and reporting systems.
Team Leadership & Organizational Development
Build, lead, and develop a high-performing finance and accounting team including controllers, accountants, and AP/AR staff.
Set clear objectives and performance expectations; coordinate with HR on hiring, compensation, performance management, and succession planning.
Promote a culture of accuracy, integrity, accountability, and continuous improvement.
Partner with department leaders to improve financial literacy and ownership of budgets across the company.
QUALIFICATIONS
Required
Bachelor's degree in Accounting, Finance, or a related field; CPA license strongly preferred (active and in good standing).
Minimum 12 years of progressive finance and accounting experience, including at least 5 years in a senior finance leadership role such as Controller, VP Finance, or CFO.
Strong command of U.S. GAAP, financial reporting, internal controls, and audit processes.
Experience in manufacturing, consumer products, nutraceutical, supplement, cannabis/hemp, or contract manufacturing and 3PL environments, including cost accounting and inventory valuation.
Experience with budgeting, forecasting, financial modeling, and cash management.
Proficiency with ERP and accounting systems and advanced Excel skills.
Experience managing banking, lender, audit, and tax relationships.
Exceptional integrity, leadership, communication, and executive presence.
Ability to work on-site at the Santa Ana facility.
Preferred
MBA or advanced degree in finance or accounting.
Experience in a regulated or high-compliance industry with banking and payment complexity.
Experience leading ERP implementations and process automation.
Experience with private equity, lender, or investor reporting.
Experience in a growing, privately held company.
Bilingual proficiency in English and Spanish.
COMPENSATION & BENEFITS

Final base compensation will be based on education, experience, and scope of responsibility. This position is also eligible for incentive compensation, such as a performance-based bonus tied to company financial goals, the terms of which will be set out in the offer letter and any applicable plan documents.
Medical, dental, and vision benefits (subject to eligibility)
Paid sick leave in accordance with California law (SB 616), including up to 40 hours / 5 days per year
Paid time off and paid holidays per company policy
Professional development, conference, and continuing education support
PHYSICAL REQUIREMENTS & WORK ENVIRONMENT
Work is performed primarily in an office environment, with periodic visits to production and warehouse areas.
Ability to sit for extended periods and perform extended computer work; occasional lifting of up to 25 pounds.
Periodic exposure to production and warehouse areas; must follow posted safety procedures and wear required PPE when in those areas.
Occasional travel may be required for banking, audit, customer, and industry meetings.
Flexible schedule may be required based on project and business needs.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
EMPLOYMENT STATUS & EQUAL OPPORTUNITY
Employment with Eterna Management, LLC is at-will, meaning either the employee or the Company may end the employment relationship at any time, with or without cause or notice. Nothing in this job description creates a contract of employment. This description is not an exhaustive list of duties; responsibilities may be modified or assigned as business needs require.
Eterna Management, LLC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity or expression, sexual orientation, national origin, ancestry, age, disability, medical condition, marital status, veteran status, or any other characteristic protected by federal, state, or local law.