The Director of Finance will lead the financial strategy, planning, and analysis for the food processing company. They will oversee budgeting, forecasting, financial reporting, and risk management, ensuring the company's financial health and alignment with its growth objectives. This role requires a strong understanding of the food processing industry's financial dynamics, cost control, and regulatory requirements, along with the ability to manage a finance team and provide strategic insights to senior leadership.
Company Overview:
Continuously growing food processing company in the Central Valley
Strong C-Suite and Executive team
Friendly work environment, everyone has a team oriented mind set
Medical, dental and vision plan, company pays 50% of the cost for employees
4% 401k match
Bonus structure
Lucrative compensation
3 weeks of paid time off
1 week of sick leave
8 paid holidays
Key Responsibilities of the Director of Finance:
Lead the financial planning, budgeting, and forecasting processes, ensuring alignment with operational and strategic objectives.
Provide financial insights to guide key business decisions, including capital investments, pricing strategies, and market expansion.
Prepare and present accurate and timely financial reports, including income statements, balance sheets, cash flow analyses, and variance reports.
Conduct financial analysis to identify trends, opportunities, and risks, providing actionable recommendations to improve profitability and efficiency.
Monitor financial performance against budgets and forecasts, implementing corrective measures when necessary.
Analyze production costs, margins, and variances, recommending process improvements to enhance profitability.
Collaborate with operations and supply chain teams to optimize inventory management, raw material purchasing, and production efficiency.
Implement cost-saving initiatives without compromising product quality or safety.
Manage financial risks by implementing effective internal controls, monitoring cash flow, and mitigating exposure to market fluctuations.
Collaborate with other department heads to align financial goals with operational strategies.
Manage relationships with investors, lenders, and financial institutions, ensuring timely reporting and communication.
Oversee the management of capital structure, working capital, and investment strategies to maximize shareholder value.
Minimum Qualifications for the Director of Finance:
Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or MBA is preferred.
At least 7-8 years of related experience.
Strong knowledge of financial planning, analysis, budgeting, and reporting.
In-depth understanding of cost accounting, production efficiency, and supply chain management in the food processing sector.
Excellent leadership, communication, and interpersonal skills, with the ability to influence at all levels of the organization.