VP of Finance/Controller

3 weeks ago


Bangor, United States Prentiss & Carlisle Co Inc Full time
Job DescriptionJob Description

VP of Finance / Controller – Reporting to the President

This position has immediate responsibility for:

  • Maintaining existing accounting and reporting systems that properly reflect the financial position of the P&C companies. Experience with GP/Dynamics is preferred, but not required.
  • Ensuring compliance with GAAP
  • Lead internal staff of 5 full-time employees

Accountabilities

Manages the accounting and reporting functions of the company by:

  • Providing accurate and timely financial information to colleagues.
  • Ensuring the continued maintenance and development of internal control procedures to provide for the protection of company assets.
  • Overseeing the internal financial reporting of the company.
  • Preparing of corporate budgets and the periodic analysis of budget variances.
  • Preparing and reviewing internal & client financial & cash flow projections.
  • Preparing and presenting client reporting materials on quarterly basis.
  • Assisting in the preparation and filing of federal, state, and international income tax returns (returns prepared by accounting firm).
  • Responsible for the preparation of internal month-end and year-end financial statements.
  • Monitoring new accounting standards, interpretations, and emerging guidance and their impact on the company.
  • Developing and reviewing accounting policies for the company.
  • Managing, negotiating, and administering corporate insurance policies to protect corporate assets.
  • Overseeing the maintenance of the company’s fixed asset records and related depreciation schedules.
  • Participating with personnel throughout the company as necessary, to assist in the resolution of accounting and financial management issues.
  • Overseeing the supervision, training, and evaluation of accounting department staff.
  • Negotiating with the company’s commercial banks to borrow and service debt as needed.
  • Reviewing all general ledger reconciliations prepared by staff accountants.
  • Monitoring and reporting job status activity; analyzing job profitability.
  • Maintaining relationships with bankers, external accountants, and insurance agents.

Assumes additional responsibilities as requested including, but not limited to the following:

  • Assists with special projects and assignments related to financial decisions of the company.
  • Consults and advises clients on important financial decisions.
  • Assists in ensuring that the company complies with local, state, and federal regulations.
  • Ensures continued maintenance and development of internal control procedures.
  • Provides financial management support for projects as requested.
  • Provides financial advice to the President and proactively prepares for future requirements.

Competencies

  • Leadership – Motivates and encourages others; delegates routine and important tasks and decisions, shares information, creates an inclusive environment, recognizes success.
  • Managing for Results – keeps team accountable for actions, provides resources and support, applies clear and consistent performance standards.
  • Detail-oriented and technically competent in accounting, with the ability to see the larger picture.
  • Adapts to change, is open to new ideas, takes on new challenges, handles pressure, adjusts plans to meet changing needs.
  • Deals with others in an honest manner, is accountable for actions, maintains confidentiality, and supports company values.
  • Strong understanding of the business world and the organization’s market and environment backed by a ready grasp of what the company needs to succeed.
  • A bachelor’s degree with an emphasis in finance, accounting, or economics is required.  A master’s degree or additional professional designation (e.g. CPA or CMA) is preferred.
  • A minimum of seven years of accounting, audit, and financial experience required with a demonstrated familiarity with accounting principles and corporate taxation.
  • Comprehensive knowledge of broad-based financial functions in addition to financial accounting standards required.
  • Demonstrated management and supervisory experience with strong interpersonal skills required.
  • Strong communication and presentation skills required.
  • Conceptual ability and the ability to handle problems.
  • Some experience in timber accounting, timberland, forestry, or construction is a plus.


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