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Director of Finance
3 months ago
With over two decades of excellence in photolithography equipment and precision-engineered products, our client is a pioneering leader in the semiconductor industry. As the Head of Finance & Accounting, you will collaborate with the President and leadership team to drive strategic financial decisions, ensure robust internal controls, and oversee comprehensive financial reporting. You will lead a dedicated team in a dynamic and collaborative environment, focusing on strategic planning, budgeting, and compliance. Your expertise will be vital in optimizing financial performance and supporting the company's continued growth and innovation.
what you will do…
Accounting, Financial Reporting and Analysis:
- Oversee the accurate and timely close of the monthly accounting records.
- Review and reconcile income, expense, and balance sheet accounts as appropriate and consistent with GAAP.
- Prepare and deliver accurate, insightful & timely monthly, quarterly, and annual GAAP financial statements.
- Conduct in-depth variance analysis to provide valuable insights into financial performance to optimize the business, increase efficiency, and enhance profitability.
- Develop robust financial models to drive accurate forecasting and budgeting decisions.
- Create and utilize financial reports and analytics to partner and collaborate with senior management.
Strategic Planning, Annual Budgeting,
- Develop a 3-5-year strategic plan with other senior leaders of the business.
- Lead the financial and operational annual budgeting process by partnering with operational department heads to ensure strategic corporate alignment.
- Lead and mentor finance staff to provide detailed monthly budget variance analysis for senior department leaders.
- Proactively generate financial forecasts and monitor performance against the forecast, identifying opportunities for cost optimization and revenue enhancement.
Internal Controls and Compliance:
- Develop and implement strong internal control policies and procedures to protect company assets and minimize direct and contingent liabilities.
- Ensure compliance with federal, state, and local regulatory requirements, tax reporting, and financial reporting standards.
- Develop and maintain strong working relationships with all third-party business partners, including legal advisors, insurance professionals, and the company’s primary certified public accountants.
- Utilize advanced cost accounting methodologies to conduct comprehensive analysis and reporting on product/service costs.
- Manage manufacturing/project accounting processes, guaranteeing accurate cost allocation and reporting.
- Provide oversight for the multi-site accounting department and ensure accurate intercompany accounting for a multi-entity business organization.
Team Leadership and Development:
- Lead and guide finance and accounting team members, continuing the culture of continuous learning and professional development.
- Partner with department leadership to ensure complete financial understanding and alignment with corporate monthly financial goals and long-term strategic objectives.
- Create a collaborative and supportive working environment to drive team success.
Requirements
What you need to have…- Progressive financial and accounting management experience.
- Strategic partner to the organization with the ability to identify key business drivers, develop strategic initiatives, and measure financial performance.
- Proven success in attracting, retaining, and developing high-performance teams.
- Exposure in leading operational excellence and enterprise-wide technology solutions.
- Exposure to the payroll function, ensuring accuracy and compliance with relevant regulations.
- Bachelor's degree in Accounting, Finance, or related field.
Benefits
- 100% Paid Family Medical Insurance through Kaiser Permanente
- 50% Paid Employee Dental Insurance also through Kaiser Permanente
- 100% employee vision coverage through Vision Service Plan (VSP)
- 100% Paid Employee Supplemental Accidental Insurance through Allstate
- 100% Paid Short Term Disability through Lincoln Financial
- Employee Assistance Program
- 401(k) Plan with employee Safe Harbor match. You will be eligible to enroll after 90 days of employment.
- Three weeks paid vacation per year with accrual beginning date of hire. You will be eligible to utilize after 90 days of employment.
- Seven (7) days paid sick leave which begin accruing immediately at one (1) hour per thirty (30) hours worked; available for use in full-day increments after 90 days of employment. Maximum bank of 56 hours. You will be eligible to utilize after 90 days of employment.
- Seven paid holidays per year (New Year’s, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Friday following, and Christmas Day.) Veteran’s day is a paid holiday for those veterans who provide a DD2 14 showing an honorable discharge. You will be eligible to receive holiday pay after 30 days of employment.