Chief Financial Officer

4 weeks ago

East Hanover, United States Weiss-Aug Group - East Hanover, NJ Full time
Job DescriptionJob DescriptionDescription:

Weiss-Aug Group is an internationally recognized leader in precision metal stamping, injection molding, value-added assembly solutions and tooling.


At our Corporate Headquarters we have served the medical device industry, automotive industry, and industrial sector for over 50 years. Our vision as a company is to create an exciting environment that will attract and retain the finest people committed to manufacturing creative and innovative components and products.


Join our team where every day we push the boundaries of manufacturing technology.


Our highly respected precision metal stamping company is seeking a CFO who will report to President as part of the executive leadership team. Direct the accounting, treasury and control functions in a multi-divisional environment. Focus on all financial reporting, day to day accounting, treasury, budgeting, review, tax, strategic planning, forecasting, insurance, and risk management. Lead accounting staff while partnering cross functionally with all operational and administrative leaders.


RESPONSIBILITIES:

  • Prepare Consolidated financial statements for subsidiaries to provide focused financial and operating data along with associated analysis for the Owner.
  • Develop KPI's and key financial metrics (margin analysis, COGS, etc.) to evaluate ongoing health of the business.
  • Enhance existing internal controls, processes, and systems. Developing new policies and procedures where applicable.
  • Enhance and maintain product costing methodologies, inventory (cycle counts), and operational accounting. Review product costing to see if pricing needs to be adjusted.
  • Develop and implement accounting policies as applicable.
  • Support ERP implementation and ensure the system streamlines and automates all reporting, budgeting, cash flow forecasting and performance variance analysis. Develop and customize BOD reports from systems.
  • Oversee and manage all Cash and Treasury Management, including cultivating existing and new banking relationships and procuring credit facilities when necessary.
  • Provide cash flow forecasting for owners on a weekly/monthly/quarterly basis.
  • Generate flash reports. Analyze results by customer, product, region, and country.
  • Direct all short/long term forecasting, operating and capital budgeting, and financial analysis.
  • Analyze economic, business, and financial conditions and their impact on company.
  • Ensure that internal controls are adhered to.
  • Assure proper insurance coverage.
  • Prepare board package. Present to BOD a comprehensive financial and operational overview.
  • Serve a key advisor to establishing yearly objectives. Engage outside audit, tax, and investment advisors.
  • Oversee the retirement plan fiduciary responsibilities. Act solely in the interest of plan participants, following the plan documents, diversifying plan investment options, and monitoring performance. Function as custodian of funds, securities, and assets of the company as well as profit sharing, 401K and Section 125 plans.
  • Support domestic and international growth.
  • Coordinate with outside accounting firm for annual review and for federal and state tax filings. Ensure all payroll taxes and sales taxes are filed.
Requirements:
  • BS Accounting required; CPA, CMA or MBA highly desired with 5+ years in a # 1 or 2 leadership role.
  • Manufacturing expertise a must along with strong P/L management within an engineered products manufacturer that serves OEMs customers.
  • Experience with ERP systems in both make-to-order and distribution business environments key along with strong cost accounting skills. Demonstrated leadership ability, team management, and interpersonal skills.
  • Must have strong business acumen, a hands-on attitude, and a proactive collaborative style.

QUALIFICATIONS

  • Bachelor’s degree in accounting or finance (Masters Preferred)
  • CPA license highly preferred
  • Prior experience in Manufacturing a MUST; Public accounting foundation a PLUS.
  • Experience with standard and job cost accounting and inventory a MUST.
  • International experience preferred.
  • Minimum of 5 years serving in a Senior leadership capacity (VP of Finance or CFO)
  • Demonstrate polished written and verbal communication.
  • Demonstrate a proven track record of strategic thinking and problem solving.
  • Familiarity with PLEX or similar Manufacturing ERP systems.
  • Prior experience reporting to an Owner/Working in a Family Business preferred.
  • Prior supervisory experience

We provide excellent company benefits and a competitive salary. We are an equal opportunity employer. Currently only accepting local candidate submissions.


For more information, please visit our website at www.weiss-aug.com

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