Company: A consumer products manufacturer with the mission is to improve lives by providing top-quality products that promote wellness inside and out.
Overview: The Vice President of Finance will provide leadership in cost accounting, identifying manufacturing opportunities for efficiency, pricing, and company growth. He/she will be responsible for managing the company's finance and accounting operations, including maintaining accurate financial records and ensuring financial plans align with organizational objectives. The VP will lead in the overview of financial operations and a strategic outlook to promote long-term profitability.
Responsibilities:
Cost Accounting and Control: Analyzing production costs, including materials, labor, and overhead including standard costing, variance analysis, and cost-volume-profit analysis.
Budgeting and Forecasting: Developing and managing budgets for various departments and projects. Predicting future financial needs and performance by analyzing both internal operations and external market trends.
Financial Reporting and Analysis: Preparing financial statements and reports that provide insight into the company's financial health.
Investment Analysis: Evaluating the financial viability of new projects or equipment investments using techniques like ROI, NPV, and IRR.
Inventory Management: Understanding and managing inventory levels to align with production schedules while optimizing cash flow and storage costs.
Compliance and Regulatory Knowledge: Ensuring adherence to financial regulations, standards, and practices pertinent to the manufacturing sector, including tax implications and environmental regulations.
Cash Flow Management: Ensuring that the company has the cash on hand to meet its obligations, which involves managing receivables, payables, and liquidity.
Pricing Strategies: Setting product prices based on market research, production costs, and competitive dynamics.
Qualifications:
Bachelor's degree in Accounting, Finance, Economics, or related field. CPA or CMA preferred but not required. MBA a plus
7+ years of progressive accounting experience, preferably in manufacturing
Demonstrated knowledge and experience in cost accounting
Proven management and leadership skills
Excellent communication skills, with the ability to present complex financial information in a clear and concise manner