Head of Finance – Manufacturing (Contact for preferred locations)

Head of Finance – Manufacturing (Contact for preferred locations)

Hire, train, and develop accounting staff, responsible directly or indirectly for the general direction, coordination, and evaluation of the staff over a portfolio of manufacturing companies.

The position will have the following direct reports and responsibilities:

  • 3 business Accountants, which are responsible for business unit financials
  • Shared Service Center – 3 people which addresses HR, AR/AP and other shared service center functions for the portfolio.
  • Functional Responsibilities:
  • Portfolio level metrics and accounting 
  • Financial oversight and execution at portfolio level
  • Treasury management
  • Shared Service Center Management
  • HR– via PEO
  • 401K
  • AR/AP
  • Portfolio Insurance (Corporate, Liability, Health, etc.)

RESPONSIBILITIES

ACCOUNTING:

  • Lead the accounting function for the businesses
  • Hire, train, and develop accounting staff, responsible directly or indirectly for the general direction, coordination, and evaluation of the staff. 
  • Hands-on management of the month-end close process and prepare financial statements – with the aim of producing high quality, accurate financials with reporting pack within a short close time, improving visibility on operating performance and increasing accuracy.
  • Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
  • Support Business Presidents with financial analysis, forecasting and business strategy
  • Responsible for all journal entries and general ledger postings.
  • Oversee. Maintain, and assists payroll processing, calculate monthly commission payments
  • Responsible for maintaining billing and accounts receivable reporting.
  • Create process improvements—drive efficiencies and identify opportunities to decrease costs and increase revenue.
  • Responsible for preparing audit reporting packs and interaction with external auditors (financial and bank)
  • Responsible for ensuring production of shareholder reports (twice per year) and year-end tax statements. 
  • A strong focus on cash management and Net Working Capital management. 

HUMAN RESOURCES – MAINTAINS, DEVELOPS, OVERSEES AND EVALUATES:

  • A PEO is currently used for HR services for the business. This person will become the primary contact for the PEO and work to establishes business-level human capital processes, procedures and standards.
  • Oversees Employee performance reviews
  • Maintains sensitive employee data relating to employment, compensation, and benefits in cloud-based HRIS
  • Serves as employee point of contact on payroll, benefits, and policy questions
  • Reconciles and reports on payroll and benefit participation/cost data

OFFICE & SYSTEMS ADMINISTRATION – PERFORMS, OVERSEES, AND REVIEWS:

  • Becomes resident in-house expert on everything ERP related (administration, optimization, and security).
  • Develop processes to create and manage ERP-based perpetual inventory
  • Reviews and authorizes office equipment contracts and leases
  • Interface with and manage external consultants when necessary.

QUALIFICATIONS

  • Bachelor’s degree in accounting or equivalent field of study; and at least 10+ years’ professional cost accounting experience; or equivalent combination of education and experience. 
  • CPA is highly preferred. 
  • Solid leadership skills, evidenced by successfully building, motivating and managing teams, and by effectively working as a partner with leadership.
  • Enthusiasm for process optimization and a commitment to continuous learning.
  • Energy and drive to deliver objectives on time, on budget, and on target.
  • Excellent attention to details, organization and time management skills.
  • Proficient in Microsoft Office; high level of proficiency in Excel.
  • Able to operate with discretion and in a confidential and professional manner.
  • Solid communication and interpersonal skills.

COMPENSATION RANGE

  • Base salary range: $150,000-$225,000
  • Bonus – STI incentive target of 0-80% – variable based on achieving specific benchmarks in year-over-year EBITDA growth and Cash Return on Initial Equity. 
  • Incentive equity
  • Ability to co-invest in future parent company acquisitions

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