Director of Finance Job at W.S. Badger Company
Reports To: Co-CEOs
Position Type: Fulltime, Exempt
Job Description: The Director of Finance supports the Badger Mission and
Principles by overseeing all financial related matters of the organization including aligning and directing the organization’s financial goals, objectives, activities, reporting systems and budgets to meet the goals of the organization. In addition, this role is responsible for directing the accounting operations of the company, managing the work of the accounting department, ensuring compliance with
GAAP and performing hands-on Accounting duties.
Essential Responsibilities:
Strategic Planning, Budgeting, Forecasting and Reporting
- Be an active and engaged member of the Strategy team
- Lead annual financial planning, forecasting, and budgeting, developing, and maintaining appropriate financial targets, and KPIs.
- Own and create periodic forecasting process, including working with departments to review, understand and explain variances; follow up with staff regularly and consistently to hold accountable for budget issues. Produces annual budget and makes any necessary adjustments to future projections and budgets.
- Improve, standardize and perform forecasting and modeling activities, including regular financial tracking of Key Performance Metrics to track and predict the Company’s financial performance as well as provide financial support for key company decisions.
- Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Works with the leadership of Badger to provide information, ROI, and guidance for strategic and long-term planning, representing an interest in the organization’s financial health
Financial Reporting & Tax Compliance
- Prepare and direct all financial statements, including income statements, balance sheets, tax returns, and governmental agency reports for W.S. Badger Company and Three Springs.
- Research and stay abreast of the latest financial accounting reporting trends and GAAP compliance and maintain a documented system of accounting policies and procedures.
- Ensures compliance with local, state, and federal government requirements.
Cash Management
- Closely and proactively manage all cash activities, including cash flow projections to ensure funds availability.
- Manage key vendor and banking relationships to ensure the availability of adequate resources when needed.
- Manage working capital to ensure it meets financial objectives.
Relationship Management
- Maintains relationships with the bank, bank loan officers, and external auditors, including preparing financial packages for loans and negotiating loan terms
Systems and Processes
- Ensure Badger has the right systems in place to support the business and work to continuously improve the system infrastructure at the company.
- Develop processes and procedures that facilitate efficient operations while providing the business appropriate visibility and control over spending and operational decisions.
- Document and understand SYSPRO ERP system
Accounting Oversight
- Oversee Accounting operations, which include accounts receivable, accounts payable, and payroll.
- Supervise Accounting team, including conducting regular check-ins; preparing development plans; conducting alignment building meetings as well as 45 and 90-day check-ins
- Lead hiring for new team members and identifies training opportunities for new and current team members
- Work with the Inventory Analyst to ensure accuracy in inventory costs, obsolete inventory write offs and general auditing of BOM and costing as well as providing strategic guidance for inventory carrying costs based on stock level requirements and sales projection
Experience / Abilities Required:
- Experience in manufacturing, distribution and consumer packaged goods industry highly preferred.
- Effective verbal and written communications skills, including the ability to negotiate effectively and to present complex information to a non-financial audience.
- Strong organizational skills, including the proven ability to work well under pressure, multi-task and meet deadlines.
- Stable track record in a finance role (10+ years). Bachelor’s degree in Accounting or
Business Administration
- Strong leadership skills, including self-confidence, integrity, sound judgment and decision-making, and the ability to maintain confidentiality of sensitive information.
- Excellent managerial skills, including the proven ability to mentor and develop staff through a holistic approach.
- Strong analytical skills, including a deep understanding of complex financial concepts as well as the ability to pay attention to detail and understand the impact of financial trends.
- Strategic thinking skills, including a deep understanding of the business planning and strategy process as well as the ability to understand and predict the impact of industry trends and market forces.
- Strong software skills, ideally including advanced Excel, PowerPoint, SYSPRO or similar manufacturing-based accounting system.
Physical Requirements:
Employee must be able to perform essential functions of the position with or without reasonable accommodations.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Paid time off
- Parental leave
- Vision insurance
Physical setting:
- Office
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
- No nights
- No weekends
Ability to commute/relocate:
- Gilsum, NH 03448: Reliably commute or planning to relocate before starting work (Required)
Education:
- Bachelor's (Required)
Experience:
- Finance/Accounting: 10 years (Required)
Work Location: One location
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