CFO - Seattle manufacturing company
6 days ago
Title: CFO – Seattle manufacturing company
Compensation: $250,000 to $300,000, with annual bonus and a long term incentive plan. Relocation assistance for ideal candidate.
Location: south of downtown Seattle, WA
A privately held manufacturing company with production facilities throughout the western United States is seeking a CFO to work from their Seattle area headquarters. The company has nearly 1,000 employees and revenue has been around $200 million for the past few years. The CFO manages about 15 employees in the accounting, credit and purchasing departments.
The position is replacing a CFO who is retiring in 2025 and will report to the CEO of the company and be a member of the executive team. The ideal candidate will be a person who is enthusiastic, friendly, proactive and works well with people at all levels in an organization. The CFO will manage an experienced accounting group and thus will focus more on financial planning and analysis and strategy, yet must be able to burrow into accounting details when needed.
POSITION RESPONSIBILITIES & DUTIES
- Act as primary advisor to the CEO and ownership group.
- Be involved and develop a detailed understanding of the operations of the company.
- Responsible for inventory management and cost accounting, including a thorough review of costing procedures and philosophies to assure consistent and accurate reporting.
- Monitor and report on financial and working capital metrics and cash flow; provide feedback to owners.
- Prepare monthly, quarterly and annual financial reports/analysis.
- Prepare short and longer term forecasts, including budgets, analysis of actual versus forecast, liquidity and working capital projections.
- Monitor existing and develop new accounting and internal control policies and procedures as required.
- Manage relationships with tax advisors, banks, insurance brokers and other financial and business advisors.
POSITION QUALIFICATIONS
- Bachelor’s degree from an accredited college or university with a major in Accounting, Finance or Business Administration. A relevant Master’s Degree, CPA or CMA is a plus.
- Solid knowledge of manufacturing cost accounting systems and related cost accounting financial analysis with such knowledge obtained from work experience in manufacturing companies. A strong preference is for process manufacturing experience.
- Experience implementing enterprise business information systems (accounting, ERP, HR) in a multi-location business.
- Experience as a financial leader in a stand alone company or an autonomous division or plant of a large corporation.
- Experience in a company with operations in multiple states.
- Experience supervising an accounting department.
- Strong knowledge and experience in working with accounting, inventory, and spreadsheet software.
- Knowledge of accounting, internal controls, and budgeting.
- Experience in cash management, credit authorizations and collections.
- Experience in managing and/or working closely with information technology professionals on tactical and strategic business issues.
- Experience in risk management, particularly in business insurance.
- Ability to interpret and manage in accordance with local, state and federal laws, rules and regulations.
- Proven ability to work productively in fast paced, dynamic environment, taking leadership initiative while working with a lean executive team.
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