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Financial Operations Manager

2 months ago

Minneapolis, Minnesota, United States VitalPath Full time
Job Overview

Position: Assistant Controller

Company Overview
VitalPath specializes in the design and production of custom medical devices, focusing on catheters that are essential for saving lives and enhancing patient health. Our commitment to excellence fosters strong partnerships with our clients, and we strive to maintain a supportive, family-oriented workplace that offers competitive compensation and benefits. We value diversity and are looking for individuals who want to contribute positively to our mission.

Role Summary
The Assistant Controller will play a crucial role in managing the company's accounting operations, ensuring the accuracy and timeliness of financial reporting, compliance with internal controls, and adherence to established policies. This position is integral to the leadership team and requires a seasoned professional who thrives in a dynamic, fast-paced environment, both independently and collaboratively.

Key Responsibilities

  • Prepare and deliver precise financial reports and analyses as required by the organization or regulatory bodies.
  • Oversee debt reporting processes, ensuring compliance with covenants, interest calculations, and maintenance of debt schedules.
  • Manage the General Ledger, including month-end closing activities, journal entries, and account reconciliations.
  • Stay informed about VitalPath's policies, as well as federal and state regulations and current accounting standards.
  • Lead cash and debt management activities, including the analysis of debt covenants, cash application, disbursement processes, cash flow forecasting, and liquidity assessments.
  • Establish and nurture relationships with banking, insurance, and external accounting professionals to facilitate financial operations.
  • Collaborate with Finance leadership to design, implement, and enhance internal controls, procedures, financial reporting systems, analytical reports, and KPIs to drive efficiency and support strategic objectives.
  • Prepare documentation for audits, tax submissions, and other compliance-related tasks.
  • Provide financial guidance to management regarding short-term and long-term objectives, including inventory management optimization.
  • Act as a key contributor in the upcoming ERP implementation, serving as the subject matter expert on financial accounting configurations and reporting.
  • Coordinate with other departments to improve financial communication and processes.
  • Assist Human Resources with payroll and benefits administration as necessary.
  • Perform additional duties as assigned.
Qualifications
  • Bachelor's degree in accounting, with 4-6 years of relevant experience, or an equivalent combination of education and experience.
  • Proficient in Accounting and ERP software, with a preference for Microsoft Dynamics Business Central and/or QuickBooks.
  • Experience with system and process implementations, particularly in the context of mergers and acquisitions, is highly desirable.
  • Strong judgment and decision-making skills, with the ability to weigh costs and benefits of potential actions.
  • Excellent time management skills, including the ability to manage the time of others.
  • Proven ability to lead and coordinate team members to achieve project goals.
  • Advanced problem-solving skills, with the capacity to identify complex issues and evaluate options to implement effective solutions.
  • Familiarity with the nuances of a multi-entity structure and consolidation processes.
  • In-depth knowledge of economic and accounting principles, practices, and financial data reporting is essential.
  • Experience in accounting within the manufacturing or medical device sectors is strongly preferred.
Benefits
  • Comprehensive, low-cost health and dental insurance options.
  • Vision insurance coverage.
  • Health Savings Account with company contributions.
  • Short and long-term disability insurance.
  • Supplemental insurance options (including short-term disability, AD&D, life insurance, etc.).
  • Paid time off and sick leave.
  • Paid holidays.
  • 401K plan with company matching.
  • Competitive salary.
  • Opportunities for professional growth and advancement.

VitalPath is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, work-related mental or physical disability, veteran status, sexual orientation, gender identity, or genetic information. VitalPath participates in E-Verify.