Financial Controller

About Hamra Jewelers

For over four decades, Hamra Jewelers has been Scottsdale's premier destination for fine jewelry, high-end timepieces and exceptional customer service. We pride ourselves on creating an extraordinary, safe, and welcoming environment for our clients and staff alike.

While professional experience and qualifications are key for this role, make sure to check you have the preferable soft skills before applying if required.

About This Opportunity

We are currently looking for an experienced, forward-thinking Financial Controller to join our team and serve as a strategic partner in our high-growth luxury jewelry business. This role combines financial strategy hands-on leadership technology implementation , and operational excellence to drive efficiency and transparency.

The ideal candidate has a proven background in luxury retail or high-end goods , experience leading finance in a multi-entity environment , and a track record of building systems, and reports from the ground up.

This is not a sit-behind-the-desk role — we are looking for someone who is equally comfortable building a 13-week cash flow as they are rolling up their sleeves to solve a system reconciliation issue or working side-by-side with the store team to improve point-of-sale data accuracy.

Core Responsibilities

1. Financial Planning & Analysis (FP&A)

• Lead annual budgeting, forecasting, and strategic planning process for Hamra.
• Develop dynamic financial models to evaluate business scenarios, capital needs, and pricing strategies.
• Analyze gross margin trends, pricing strategies, product profitability, and expense efficiency.
• Provide insightful monthly variance analysis with commentary and recommendations to ownership and department leaders.

1. Financial Reporting & Consolidation

• Design, implement, and maintain a full suite of monthly, quarterly, and annual financial reports
• Manage entity-level and consolidated reporting , including intercompany eliminations and reconciliation.
• Develop custom dashboards and KPIs (e.g., revenue per square foot, margin by product category, repair revenue trends).
• Ensure compliance with GAAP and internal accounting standards.

1. Accounting Operations & Controls

• Oversee day-to-day accounting operations, including general ledger, AR, AP, bank reconciliations, fixed assets, and payroll oversight.
• Manage and optimize the monthly close process to meet reporting deadlines with precision.
• Implement and strengthen internal controls, financial policies, and risk mitigation procedures.
• Oversee cash management strategies, including vendor payments and capital planning.

1. Inventory & Cost Accounting

• Design and enforce inventory accounting procedures.
• Implement cycle count and shrinkage control practices.
• Track inventory valuations, cost of goods sold (COGS), and margins across multiple product lines and vendors (including consignment and luxury watch inventory like Rolex).
• Collaborate with sales and operations to improve turnover ratios and procurement strategies.

1. Systems, Technology, & Automation

• Assess, select, and implement finance-related software and integrations (e.g., ERP, inventory systems, POS, payroll platforms).
• Spearhead technology adoption and automation projects to reduce manual processes and data fragmentation.
• Partner with IT and department leaders to integrate front-end systems (POS, CRM, eCommerce) with back-end finance systems.
• Ensure data integrity between systems such as QuickBooks, Sage Intacct, Lightspeed, and Shopify.

1. Leadership & Team Development

• Create accountability frameworks, training plans, and succession planning for the department.
• Serve as a financial thought partner to the CEO and executive leadership team.
• Foster a culture of transparency, accuracy, and continuous improvement.

1. Regulatory Compliance & Risk Management

• Oversee financial compliance with state/local tax laws, sales/use tax, payroll tax, and regulatory filings.
• Manage relationships with external auditors, banks, insurers, and legal counsel.
• Lead due diligence and integration efforts for acquisitions or new entity launches.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or Business (required); CPA (strongly preferred).
• 8–12+ years of progressive financial leadership, ideally in retail, luxury goods, or multi-entity organizations
• Hands-on experience with inventory-heavy businesses and high-touch retail operations
• Proficient in Sage Intacct, QuickBooks Enterprise, NetSuite, Lightspeed, or comparable ERP systems
• Advanced Excel and financial modeling skills; experience building dashboards with Power BI or Tableau a plus.
• Strong knowledge of GAAP, intercompany accounting, consolidations, and financial statement prep.
• Demonstrated leadership in building and scaling a finance team and finance tech stack.
• Excellent interpersonal, communication, and project management skills.
• An ability to lead change and challenging the status quo.

Why Join Hamra Jewelers:

• Competitive Compensation: Salaried pay (commensurate with experience).
• Comprehensive Benefits: Premium healthcare, dental, vision insurance options & more.
• Retirement: 401(k) retirement plan options with 100% match. xhyhwjd
• Culture: Work in a supportive, high-caliber environment with a respected, family-owned business in Scottsdale.