Job Description - Head of Finance
Description
Join a fast-growing, venture capital-backed advanced materials manufacturer. Featured on ABC's Shark Tank, DetraPel produces innovative, non-toxic, PFAS-free coatings for industrial and consumer applications in Textiles, Paper & Food Packaging, and Contract Aerosol Manufacturing.
The Head of Finance role, reporting directly to the CEO & CFO, is a critical full-time position responsible for support of monthly operating review, financial forecasting, annual budgeting, strategic planning accounts payables, accounts receivables, payroll, and HR functions. Your team will consist of a Procurement Specialist, who works closely with Finance & Operations, and the CFO. You will collaborate intimately with our core team to strengthen the company's financials and keep operations flowing smoothly. This is a hands-on role with significant growth opportunities and responsibilities.
You must have prior experience working in a startup, manufacturing company, or inventory management.
Temporary relocation or regular commute to Framingham, MA required.
Responsibilities
Financial Management
•Conduct daily transaction postings and bill reconciliations
•Oversee customer receivables and payables
•Implement and manage new financial and operations systems
•Conduct onboarding of all new Vendors & Customers
Cost Accounting
•Work with Procurement Specialist & Chief Research & Development Officer to ensure accurate inventory records and job cost analyses
•Create, implement, and maintain internal control systems, costing sheets, cost accounts, performance records and other financial data
•Communicate cost insights to management to boost profitability
Financial Reporting
•Prepare monthly financial reports including P&L, Balance Sheets, and Cash Flow Statements in a timely manner
•Conduct value-added financial analyses for strategic improvements
HR & Administrative
•Manage commercial insurance
•Process company payroll and adjustments, onboard or offboard employees, and ensure HR compliance
•Manage company benefits
Additional Important Skills:
•Great attention to detail
•Leadership & Management skills
•Thorough knowledge of accounting procedures
•Success in this role depends on your ability to independently prioritize and manage your time
Qualifications
You'll Fit Right In If:
•You have worked in a manufacturing company
•You thrive in startups
•You have experience with managing inventory
•You are a finance wizard with 5+ years in accounting, skilled in data analysis and cost accounting
•You have experience effectively manipulating and organizing large amounts of data
•You are meticulous, organized, detail-oriented, and proactive in problem-solving. You have a can-do attitude and are obsessed with continuous learning
•You are proficient with Quickbooks, Microsoft Dynamics, or other ERP and accounting software
•Bachelor's Degree in Finance or Accounting required
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