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in Rancho Santa Margarita, CA
VP of Accounting & Finance
•30 days ago
Hours | Full-time, Part-time |
---|---|
Location | RANCHO SANTA MARGARITA, CA RANCHO SANTA MARGARITA, California |
About this job
A manufacturing and distribution company headquartered in Rancho Santa Margarita is searching for a Vice President of Accounting and Financing. The VP of Finance and Accounting is responsible for executing the financial reporting, cash management, and planning functions of the company. This individual will report directly to the Chief Executive Officer and will be an instrumental part of directing and implementing the strategy of the organization.
The ideal candidate will have had a background in working with small to medium manufacturing companies…and played an important role in the organization’s growth. This individual will take on the responsibilities of an “Operational CFO”, and have an opportunity to help shape and improve the financial reporting, treasury, budgeting, and operational processes and have a strong positive impact on the future of the company.
This is a direct hire position and the salary is based on experienced. The company also offers a very competitive employee benefits package.
PRIMARY JOB DUTIES & RESPONSIBILITIES:
Own the Financial Reporting: Ultimate responsibility for completing the monthly financial statements (income statement, balance sheet, and cash flow statement) used by the management team, board of directors, and lenders in accordance with GAAP, on a timely basis, and with a high degree of accuracy.Prepare the weekly cash forecast for management, including variance analysis from prior week Leading team meetings, establish rigor and enhance processes around (i.) collection activity to maintain strong cash receipts while maintaining good customer relationships and (ii.) disbursements to manage vendor terms while ensuring inventory levels are adequate to meet customer demands Manage the bank accounts and banking relationship and implementing reasonable treasury controls for the organization’s needs Ensure Proper Tax Filing: Ensure the accurate and timely filing of all necessary federal, state, and local tax returns, extensions, estimates, and payments.
The ideal candidate will have had a background in working with small to medium manufacturing companies…and played an important role in the organization’s growth. This individual will take on the responsibilities of an “Operational CFO”, and have an opportunity to help shape and improve the financial reporting, treasury, budgeting, and operational processes and have a strong positive impact on the future of the company.
This is a direct hire position and the salary is based on experienced. The company also offers a very competitive employee benefits package.
PRIMARY JOB DUTIES & RESPONSIBILITIES:
Own the Financial Reporting: Ultimate responsibility for completing the monthly financial statements (income statement, balance sheet, and cash flow statement) used by the management team, board of directors, and lenders in accordance with GAAP, on a timely basis, and with a high degree of accuracy.
- Utilize the Company’s systems to explore, audit, and automate reports used in preparing the financial statements
- Develop an efficient schedule of reconciliations and accrual calculations based on GAAP standards
- Establish AR, AP, inventory, warranty, returns, etc. reports and controls to ensure financial accuracy
- Utilize and update a monthly closing calendar based on an established process
- Analyze and identify business drivers, trends, expense opportunities, etc. and communicate to management and stakeholders through MD&A and discussions
- Ultimately prepare the Company for an efficient annual audit process
- Assess, engage, oversee, and provide information to third party tax advisors to assist the Company
- Utilize third party advisor to assist the Company with tax planning as appropriate
- Collaborate with business leaders to develop simple, yet effective reports
- Work with the IT to audit the information and ensure system input processes and data reporting parameters are properly established
- Continuously evolve and improve reporting to meet the needs of senior leadership
- Establish credibility with the team and the board to be a go-to resource for preparing for strategic decision making, including thoughtful analysis
- Maintain discipline to streamline analysis and avoid slowing down strategic decisions
- Specific examples of areas of focus are expected to include operational improvement initiatives, cost savings strategies, customer pricing and rebate impacts, channel analysis, etc.
- Ultimately responsible for the team and its performance to support the organization’s finance and accounting goals
- Maintain an efficient team and establish streamlined, process-oriented approaches that leverage systems and automated reporting, resulting in a scalable department
- Involved with assessing and maintaining proper business insurance, benefits, licensing/permitting, and compliance throughout the organization (OSHA, environmental, etc.)
- Merger and acquisition discussions, prospecting, analysis, diligence, and execution.
- Bachelor’s degree required (Accounting and/or Finance strongly preferred)
- 12+ years of relevant experience required
- History of ethical conduct and ability to pass a background check required
- CPA strongly preferred
- Understanding of Sage, MAS 500 preferred
- Assurance audit experience a positive
- Most preferred characteristics of candidate:
- Experience owning the entire financial reporting process
- Hands-on to meet deadlines, guide the team, and establish processes
- Demonstrated process oriented approach
- Appropriate attention to detail and responsibility for outcomes
- Ability to prioritize and utilize internal and external resources effectively
- Comfortable in an environment of continuous improvement
- Manufacturing and inventory costing experience
- Willingness to travel up to 15% of the time
- Able to provide references to underscore accomplishments