CFO/VP Finance
3 months ago
Moorpark, United States
Lifetech Resources LLC
Full time
POSITION SUMMARY
The CFO/VP of Finance directs the financial activities of the organization and manages the Finance and Accounting Departments. An in-depth knowledge of the U.S. Generally Accepted Accounting Principles (GAAP) and experience with risk management are essential for this position. The Vice President, Accounting and Finance will ensure that the organization complies with accounting regulations, maximizes profits and mitigates risks.
JOB DUTIES AND RESPONSIBILITIES
- Oversee all payroll, accounts payable, accounts receivable, cost accounting, budgetary control activities, asset management and other financial activities.
- Establish or recommend to CEO major corporate strategies, objectives, and policies for the company.
- Create KPI’s and track goals.
- Prepare company and department budgets and profit reports.
- Recommend modifications to existing corporate programs.
- Prepare reports which summarize and forecast company business activity and financial position in areas of income, expenses and earnings based on past, present, and expected operations.
- Direct preparation of budgets, review budget proposals, and prepare necessary supporting documentation and justification.
- Review contracts and financial agreements entered by the company.
- Review general ledger and analyze, investigate, and rectify discrepancies.
- Review and approve customer pricing based on thorough analysis of customer lifetime profitability, relationship potential, and business risk factors.
- Responsible for risk management activities for the company.
- Provide leadership and support to the accounting team (Controller, staff accountants, cost accountants, payroll, accounts payable and accounts receivable staff) and ensure completion of performance appraisals, necessary employee discipline and timely employee problem resolution.
- Develop and manage financial controls in accordance with the company’s procedures and GAAP and ensure compliance with accounting and tax regulations.
- Manage financial reviews and tax preparations alongside the company’s accountants.
- Prepare and/or review reports required by regulatory agencies and create regular and ad-hoc reports for management.
- Establish and maintain relationships with banks and other financial institutions.
- Support responsibilities for sustainability initiatives.
- Maintain professional and technical knowledge by attending workshops, reviewing professional publications, establishing professional networks.
- Additional duties as assigned by the CEO.
QUALIFICATIONS
- Bachelor’s degree in accounting, Finance, or related field; master’s degree preferred.
- Minimum 5 years’ experience as an operational Vice President of Accounting and Finance in a manufacturing environment
- Strong understanding of cost accounting principles
- CPA certification is preferred but not required.
- Thorough knowledge of finance, accounting, budgeting and cost control principles.
- Knowledge of US GAAP and federal and state financial regulations.
- Advanced working knowledge of ERP / MRP systems, and Microsoft Office Suite- including Excel.
- Attention to detail.
- Ability to work with tight deadlines.
- Strong interpersonal and communication skills.
- Ability to collaborate effectively with all levels of staff and management.