Director of Finance

POSITION TITLE: Director of Finance

REPORTS TO: Company Vice President of Strategy

FULL/PART TIME: Fulltime, exempt

Job Summary:

The Director of Finance monitors business unit profitability by preparing, analyzing, and monitoring financial statements. This position interacts with Owners, Plant Managers, Engineering, Quality, Purchasing & Sales. The DOF is also responsible for the oversight and management of all aspects of accounting and financial controls of the company. Ensures compliance with generally accepted accounting procedures. Administer financial reporting systems with controls and standards to safeguard company assets. Ensure that timely and accurate financial information is maintained.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Prepare monthly entity level financial statements in accordance with GAAP, including Percent of Complete revenue recognition in accordance with ASC 606.
• Train, oversee and assure quality of work performed by accounting and finance staff.
• Determine adequacy of internal financial policies & procedures and develop and monitor adherence to those procedures.
• Maintaining a positive working relationship with banking partners, including planning working capital needs.
• Complete month end and year-end financial closing procedures. Review and reconcile company financial records including trial balance accounts, inventory, standard costing, payroll, etc.
• Maintain the company fixed assets and determine depreciation rates to apply to capital purchases.
• Manage legal entity registrations and prepare reports required by regulatory agencies.
• Maintain financial records for benefit plans as needed.
• Lead the annual external financial statement audit process.
• Communicate financial results to appropriate managers.
• Lead the development of the short and long term operational plans by providing the financial information and analysis required to ensure successful development and implementation of the operational strategy.
• Manage the annual budgeting process.
• Prepare and present financial comparison analysis to budget and prior year.
• Prepare the divisional metrics reporting for inventory, service, and productivity.
• Provide timely and accurate analysis of budgets, financial reports, and financial trends in order to assist the President and other senior executives in performing their responsibilities.
• Develop, enhance, and implement financial reporting systems that will improve the overall operation and effectiveness of the company.
• Develop and maintain a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs.

Knowledge, Skills and Abilities:

• 10+ year experience with appropriate manufacturing and MRP experience, specifically Epicor MRP.
• A Bachelor’s degree in finance/accounting or business with an MBA or advanced degree, and CPA, viewed with favor
• The ability to operate within the company’s culture which is characterized by hands-on teamwork with sense of urgency, initiative, mutual support, flexibility, candor, and relative absence of hierarchy.
• Strong Leadership abilities, including decisiveness, as well as a willingness and ability to share information, train, and serve as a mentor.
• Superior analytical and problem-solving skills, with demonstrated ability to provide creative solutions to real-time challenges.
• Strong Group presentation skills.
• Excellent consultative and communication skills (oral and written) and ability to interface effectively with all levels within the organization.
• Individual communication (effective listening, coaching and problem-resolving)
• Systems & procedures analysis and development.
• Strong proficiency of MS Office Suite (Word, Excel, Outlook, PowerPoint, etc.) and knowledge of ERP system (Epicor)

Physical Functions:

• Frequent mobility and/or sitting required for extended periods of time.
• Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator, and other office equipment.
• Requires normal range of hearing and vision to communicate with employees/applicants, and to record, prepare, and communicate accurate reports.
• Requires dexterity and data entry skill.

Availability:

• Must maintain regular and acceptable attendance at such level as is determined in the employer’s sole discretion.
• Must be available and willing to work overtime as the employer determines is necessary or desirable to meet its business needs.

Working Conditions:

• Works in a typical office setting. Occasionally spends time in a typical manufacturing shop environment.