Financial Operations Director

6 days ago


Columbia, South Carolina, United States ARK Products Full time

ARK Products seeks a highly skilled Financial Operations Director to oversee the financial operations of the company. Located in Columbia, South Carolina Headquarters, this role is responsible for maintaining accurate financial records, implementing effective financial controls, and providing strategic guidance to support the company's growth objectives.

Key Responsibilities:
  1. Financial Reporting and Analysis
  • Prepare monthly, quarterly, and annual financial statements in accordance with GAAP principles.
  • Conduct variance analysis to identify trends, risks, and opportunities for improvement.
  • Provide insightful financial analysis to support strategic decision-making by the executive team.
  • Oversee the day-to-day bookkeeping activities, including accounts payable, accounts receivable, and outsourced payroll.
  • Ensure accurate and timely recording of financial transactions in the general ledger.
  • Reconcile balance sheet accounts and investigate and resolve any discrepancies in a timely manner.
Budgeting and Forecasting
  • Develop and lead the annual budgeting process in collaboration with department heads and senior management.
  • Develop rolling forecasts to support operational planning and resource allocation.
  • Monitor actual financial performance against budget and forecast, and provide recommendations for adjustments as needed.
Financial Controls and Compliance
  • Establish and maintain robust internal controls to safeguard company assets and ensure compliance with regulatory requirements.
  • Coordinate with external auditors to facilitate the annual audit process and address any audit findings.
  • Stay abreast of changes in accounting standards and regulations, and implement necessary updates to financial policies and procedures.
Cash Management
  • Manage cash flow projections and liquidity needs to support daily operations and strategic initiatives.
  • Monitor banking activities and optimize cash balances to maximize returns and minimize costs.
  • Oversee the administration of banking relationships, including negotiation of credit facilities and other financing arrangements.

The ideal candidate will have a Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred. The salary for this role is estimated to be around $85,000 per year, based on industry standards and the location.

The Financial Operations Director will work closely with the President and other senior leaders to drive business growth and improve financial performance. This role requires strong technical proficiency in financial reporting, budgeting, and financial analysis, as well as excellent communication and interpersonal skills.

We offer a competitive salary, benefits package, including 401K, and an excellent company culture and PTO policy.



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