Chief Financial Officer

CHIEF FINANCIAL OFFICER CFO

• My Client is a 200 Million dollar manufacturing concern who is in search of a dynamic financial leader.
• The future CFO will be adept at growing and organization and also at corporate integration.
• This CFO will work with a Larger Parent organization Internationally.

Description:

• This position will be responsible for maintaining financial records, budgeting, forecasting, investment management, banking relations, supervising accounting personnel and providing strategic financial guidance.
• Managing internal, financial & accounting systems and coordinating with all departments in timely manner.
• Reporting financial status, developing forecasts, analyzing variances (including monthly and quarterly financial statements).
• Working with independent audit / accounting firm for tax, audit & financial reporting.
• Creating finance strategies appropriate to company plans and priorities
• Communicating and enforcing company’s policies, procedures, planning and monitoring.
• Developing recommendations & establishing functional objectives in line with organizational objectives & strategies.
• Analyzing organization financial operations by identifying opportunities for improvement, cost reduction, and systems enhancement.
• Maximizing return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
• Updating job knowledge by remaining aware of new regulations or relevant requirements.
• As the Chief Financial Officer, you will lead the Company’s finance organization, develop and implement financial and operational plans to drive growth and extend finance based decision-making throughout the company.
• Responsible for overseeing the financial, budgeting and accounting functions of the company and its subsidiaries.
• Summary duties include: financial planning, strategy and policy formulation; implementation of generally accepted accounting practices; management of working relationships with banking, and other lending institutions within the financial community is critical; the maintenance of company fiscal records; the preparation of financial reports; and compliance with regulatory and tax authorities.
• Should have a strong Operations knowledge and willing and able to play an active role in all facets of this manufacturing company’s operations.
• Essential Duties and Responsibilities include the following. Other duties may be assigned.
• Directs the financial business of the organization, including ensuring the accurate and timely preparation of financial statements with supporting documentation in order to advice and counsel management.
• Prepares financial analysis of activities throughout the organization, providing information to management in order to identify financial issues and opportunities, offer financial guidance and promote organizational goals.
• Interprets financial information and educates company personnel in the use of financial data.
• Monitors the financial position of the company, accelerating cash receipts and controlling disbursements, overseeing bank balances, maintaining lines of credit and banking relationships is key.
• Establishes and maintains credit and collection procedures, and managing overdue accounts, as necessary.
• Reviews the consolidation of all financial data, ensuring consistent methodology and alignment.
• Works with Senior Executives in the formulation of all business strategy and policy.
• Coordinates and directs the preparation of budget and financial forecasts, consolidating companywide requirements. Institutes and maintains planning and control procedures. Analyzes and reports variances.
• Ensures maintenance of General Ledger transactions, reviewing journal entries and accruals necessary to accurately reflect company activities.
• Reviews job costing procedures and methodology for the purpose of inventory accuracy and cost related to monthly profit and loss, addressing and elevating issues as required.
• Responsible for tax planning, facilitating tax preparation and ensuring timely preparation of tax returns. Ensures compliance with all federal, state, and local corporate, payroll and other applicable taxes
• Organizes, oversees and directs audit by the company’s independent auditors, ensuring that complete and accurate information is provided and that audit costs are controlled.
• Coordinates Annual Physical Inventory.
• Manufacturing/Industrial Organization Expertise

Qualifications:

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed below are representative of the knowledge, skill, and/or ability required.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

• MBA or MS in finance is highly desired.
• CPA and/or CFA preferred.
• Cost Accounting Expertise a must
• 10-15 years of experience as CFO in a manufacturing organization whose revenues are in the $150M to $300M.
• Advanced computer skills, including Microsoft Office and Oracle or SAP a plus.
• Operation and/or implementation of integrated business system solutions.
• Six Sigma and lean experience.
• Experience with a manufacturing company highly preferred.
• Ability to produce results under pressure and work collaboratively with various departments and individuals at company.