The CFO is responsible for directing the fiscal functions of the corporation in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, and in accordance with financial management techniques and practices appropriate within the industry. The CFO supervises the finance department and is responsible for overseeing and directing the organization’s financial goals, objectives, and budgets.
Develops organization strategies by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing operating results; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion.
Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
Advises on any contracts into which the corporation may enter.
Train Accounting and other staff on raising awareness and knowledge of financial management matters.
Work with the President/CEO and the executive management team on the strategic vision of the company and the development of strategic initiatives.
Ensure adequate controls are installed and that substantiating documentation is prepared and available such that all purchases may pass independent and governmental audits.
Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, and reports to lending institutions, Develop and maintain systems of internal controls to safeguard financial assets of the organization. Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, and the preparation of the annual financial statements is in accordance with U.S. GAAP.
Attend Board meetings.
Monitor banking activities and ensure adequate cash flow to meet the organization’s needs.
Serve as one of the advisors and oversee financial reporting of the organization’s 401k Plan.
BS in Accounting or Finance required; MBA and/or CPA highly desirable.
Experience at the Controller or Chief Financial Officer level required
Significant experience within a manufacturing environment or a big accounting firm doing work for manufacturing, with a clear understanding of manufacturing cost accounting, required.
Experience within a big accounting firm, working for manufacturing clients, a definite plus.
Five+ years of financial experience and management experience with the day-to-day financial operations of a manufacturing organization of significant size
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