Head of Operations & Finance

About Goodrays

Goodrays is redefining the future of wellness with the world’s most misunderstood plant. We develop natural calming remedies with the UK’s most effective CBD doses. Our premium CBD drinks, CBD oils and CBD gummies offer the UK’s most comprehensive CBD range delivering sophisticated flavour experiences and effective relaxation benefits, from morning to night.

Now firmly established as a market leader, Goodrays has experienced unprecedented growth over the last 3 months alone. Goodrays is the sole supplier of CBD drinks to Tesco, the UK’s largest retailer, and one of only two brands launched within Waitrose, the UK’s most premium retailer, becoming one of the fastest growing FMCG brands in the UK.

We are a business with sustainability and accountability at our core, built by a team with a history of creating powerful, dynamic brands and growing them to notable success.

The Category

Goodrays is leading the UK CBD category growth, which is worth an estimated £690 million annually, and disrupting the global CBD market which is set to grow from $4.7 billion in 2022 to $17 billion by 2026.

CBD has become one of the fastest growing categories in mainstream retail with consumers and distributors adopting the category at an extraordinary rate. Google searches for ‘CBD’ are 26 times higher than other high-profile searches such as ‘Low-alcohol beer’. One in five UK consumers have now tried a CBD product and for those who haven’t, another three in ten consumers are looking to access the category, tapping into wider health and mental wellness trends.

With a pipeline of mainstream retail launches and expansions taking place in 2023, and high barriers to entry, Goodrays is set to lead the category growth for the next five years.

The Role

Goodrays is looking for an organised, motivated and highly accountable Head of Operations & Finance to join our all-star team and manage the operations, production and logistics process of our full range of CBD products. The successful candidate will be wholly accountable for all production

processes, product quality and improvement, supply chain budget, COGS and supply plan. They will be the direct line manager for third-party production partners, third-party liquid developers as well as an internal team.

The role will require strong experience in supply chain finance, production and supply planning, cost analysis, product development and demand planning within the food and beverage industry but as importantly the ideal candidate will be motivated, proactive and curious about how we can grow the business. The successful candidate will work closely with the Logistics Manager, reporting into the

CEO.

This is a great opportunity to become a critical operator at one of the first mainstream CBD companies in the UK and help us to disrupt the alcohol, sugar and caffeine industries to revolutionise health and wellbeing.

Key responsibilities:

- Manage the production of CBD beverages, CBD oils and CBD gummies with a third-party manufacturer ensuring productions take place on time and within budget.

- Ensure quality control across all products and responsible for liaising with the liquid developers to test stability, ingredient quality and finished goods spec with a third-party lab.

- Sourcing third-party suppliers in the UK and Europe, negotiating with suppliers and securing long-term supply partnerships to maintain an optimal cost of goods for the business.

- Analysing productivity data and designing, recording and implementing new processes to improve quality or increase productivity or profitability.

- Leading the rollout of new products, formulas or packaging (and the translation of packaging into new languages) from conception to delivery through to a scaled solution.

- Forecasting production schedules based on demand generated by the sales and marketing team.

- Responsible for the end of month financial process leading the team on stock count, stock cover and stock value and developing a monthly report for the CEO.

- Responsible for food safety, product and packaging compliance by using third-party technical specialists.

- Responsible for the efficient management of Goodrays' ERP system, Unleashed.

Key attributes:

- Ability to manage multiple supply chains, cost bases and budgets

- Strong negotiation and communication skills

- Experience in food and drink businesses and food safety

- Highly organised and time efficient

- Knowledgeable on food regulations and compliance

- Proficient with Unleashed, Xero, Google Sheets and/or Excel

- Excellent Project and Time Management skills

- Enthusiastic, proactive, curious with a ‘hustler’ mentality

Proposed Package

• Competitive salary + pension
• Opportunity to join Employment Management Incentive Scheme (share options)
• Travel expenses included
• Flexible working hours and location available with access to 24/7 Shoreditch office if required
• Staff socials with great company culture
• Opportunity for further training and education