Chief Financial Officer
Department: Accounting Reports to: Chief Executive Officer
FLSA Status: Exempt Positions Supervised: Accounting, HR, IT, Office Coord.,
Last Revision: 9/28/23 Order Entry
Salary Grade: E4 Amount of Travel Required: 5%
POSITION SUMMARY
The CFO has the primary responsibility of planning, managing and executing the company’s financial activities including business planning, budgeting, forecasting, management of financial risks, record-keeping, negotiating and financial reporting. The CFO also directs the HR and IT functions.
PRIMARY FUNCTIONS
Planning and Analysis
- Partner with the CEO in formulating the company’s future direction and supporting tactical initiatives.
- Develop and implement financial and tax strategies.
- Drive the development and management of the operating budget.
- Develop and monitor performance measures that support the company’s strategic direction.
- Participate in key decisions as a member of the executive management team.
- Lead the accounting, human resources, and information technology departments.
- Support the inventory management function.
- Oversee the financial operations of Mesa, WG and affiliated companies.
- Oversee the company’s transaction processing systems.
- Implement operational best practices.
- Coach and develop staff to achieve goals.
- Oversee employee benefit plan design, with emphasis on maximizing a cost-effective benefits package that aids in recruiting and retention.
- Train and support accounting staff to perform month-end closing and other routine tasks.
Transactions
- Ensure accurate product costing and adequate pricing.
- Approve credit terms for all customers over $25,000.
- Approve all purchase orders over $10,000.
- Signatory for vendor/supplier checks
- Oversee use and reporting of Company credit cards.
- Approve or initiate international banking letters of credit, wire transfers.
- Execute strategic contracts, with input from key team members.
Financial and Analysis
- Oversee preparation, review and issuance of financial information in a timely manner.
- Manage the processes for financial forecasting and budgets.
- Oversee the development of periodic financial reports for functional departments.
- Provide financial analysis of the business and functional areas, determine trends and identify opportunities for improvement and optimal decision making.
- Review and approve all tax returns.
- Monitor and report compliance with debt covenants
Human Resources and IT
- Align HR strategy with business strategy.
- Champion company values to ensure behavior and decision-making supports company culture.
- Responsible for human capital decisions and overseeing HR staff who perform day to day people operations, compliance, benefits and payroll.
- Identify key metrics to plan and measure the success of HR and IT initiatives.
- Develop, implement and manage a defined and documented strategic technology plan, which includes hardware management and replacement, cyber-security, software programs, employee system access.
Risk Management
- Understand and mitigate key elements of the Company’s risk profile.
- Construct and monitor reliable control systems.
- Maintain appropriate insurance coverage.
- Ensure that the company complies with all legal and regulatory requirements.
- Report risk issues to the CEO and Chairman of the Board of Directors
- Maintain relations with external auditors and investigate their findings and recommendations.
Third Parties
- Maintain relationships with banks and insurance providers.
- Maintain relationships with outside CPA firm and staff.
- Represent the company with investment bankers.
Culture
- Shape and align corporate culture. Model values with desired behavior and encourage others to do the same.
- Thoughtful Action, Straight Talk, Empower to Improve
- Curious, Critical Thinking, Proactive, Anticipate
- Actively work to create open communication and a healthy respectful working environment.
- Contribute to sense of community.
EDUCATION
Bachelor’s degree in accounting, finance or a related field required; master’s degree preferred.
EXPERIENCE
Fifteen or more years’ relevant experience in progressively responsible positions required. Experience in the durable goods manufacturing industry preferred. Experience in databases and data analysis required.
Interested Candidates
Send a cover letter and resume to Paula Alexander, [email protected].
The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by managers as deemed appropriate.