Director of Finance/Accounting

Job Description

Job Description

Position Definition:

The Director of Finance/Accounting will be responsible for managing all short and long-term strategic financial objectives of the company, supporting Ownership and the General Manager with vital financial information and operational analytics, and for driving a culture of accountability in managing the business. The successful candidate will play a critical role in driving the future of the Company, will be a visible strategic leader, and will develop a high-performing finance team while strengthening financial expertise across all department leaders and team members.

Current Duties and Responsibilities:

The Director of Finance/Accounting is responsible for the following tasks:

Specific analysis – Examine areas of business for:

1. Sustainable cash generation

2. Efficient Capital Allocation

3. Margin Expansion Opportunities

4. Cost Reduction Levers

5. Operational Inefficiencies

6. Department Profitability

Budgeting

1. Creating the Annual Budget – Working with the financial team to create an annual budget.

2. Prepare a Forecast if needed– If the original budget varies from actual part way through the year by a substantial amount (more than 10%), an updated budget called a forecast is executed.

Leadership

1. Manage and mentor the finance team

2. Attend Senior Leadership meetings

3. Participate in Strategic Planning sessions

Financial Reporting

1. Monthly financial reports to management.

2. Provide additional financial reports to Ownership and GM, as requested.

Ownership Support

1. Consult and advise ownership of business financial functions and economic standing

Accounts Payable

1. Oversee Account Payables on an ongoing basis and continuing the company's long-standing ability to meet its financial obligations

Accounts Receivable

1. Act as Credit Manager overseeing all functions of AR, Customer Credit, New Customer Accounts and Customer AR resolutions when necessary

Business Insurance

1. Annual renewal of Insurances; including but not limited to liability and health insurances.

Human Resources

1. Serve as a strategic and historical advisor

2. Oversee the administration of the profit-sharing program and ensure all required state and federal audit documentation is prepared and submitted.

Information Technology

1. Proficient in financial systems, including Great Plains, integrated with the Epicor Bistrack ERP platform.

2. Provide leadership and training to the finance team on the ERP financial system

3. Work in collaboration with IT Technician to maintain and improve ERP financial systems

Archives

1. Maintain and update listing of archived paper files.

Legal, Banking & Accounting

1. Work with legal firms on all outstanding business legal issues relating to the finance functions

2. Work to maintain and strengthen relationships with banking partners. Where needed negotiate credit, pricing and service terms with banks, lending and investment institutions.

3. Work with accounting firms on annual/periodic audits and other issues that may arise.

Other Duties and Responsibilities as assigned.

Education and Experience Required:

BS/BA required in Accounting, Finance or relevant field; MBA is a plus.

10-15 years of financial leadership as a Controller, and/or in senior finance roles; CFO experience strongly preferred.

Previous construction, manufacturing, and/or service-based business experience required where labor is a substantial component of the cost and demonstrated ability to manage/forecast/optimize labor in partnership with HR and Operations.

Experience working in a small, family-led, entrepreneurial culture with a healthy risk tolerance highly preferred.

Possess a strong cost accounting background and ability to develop systems and processes that provide efficient and timely cost collection and allocation.

Possess demonstrated success in building and managing a high-performance finance function, with proven experience attracting, developing, and retaining 'A+' players

Requires strong presentation, documentation, interpersonal skills, and a team-oriented approach.

Excellent communication skills, across all levels of the organization.