Head of Finance
1 day ago
Job Description:
Essential Duties and Responsibilities:
- Develops financial information to guide management decisions
- Prepares and presents budget proposals and economic forecasts
- Initiates the fiscal planning process by providing historical information, expenditure schedules, trends and variance analysis, initiates corrective actions
- Tracks and manages organization's cost accounting, general ledger, cash flow, and balance sheet
- Safeguards company assets/Risk Management
- Manages deposits, authorizes agreements, and negotiates credit terms with financial institutions
- Participates in product safety team to limit risk and advises management team on actions to reduce product liability
- Establishes internal auditing process, arranges for and participates in external audits, and enforces internal controls
- Lawsuit Oversight and Case Management
- Environmental Compliance
- Workplace Safety Compliance
- Employee Relations Compliance
- Protects operations by keeping financial information confidential
- Workers Compensation Issues
- Insurance Program Oversight
- Facilitates the collection of cash and payment of obligations
- Oversees accounts receivable, and accounts payable systems
- Establishes credit policies and develops credit procedures
- Establishes and enforces payment authorization practices and procedures
- Structured Trade Finance options to assist in potential export financing and/or payment options through Credit Insurance
- Maintains organizational adherence to generally accepted accounting principles
- Approves and files financial statements and reports, files tax returns, and ensures the appropriate taxes are paid
- Studies existing and pending legislation and collects information to anticipate future legal requirements
- Represents the organization by communicating and interacting with governmental agencies
- Maintains a stable and reliable information technology system and services
- Manages information technology staff to meet the businesses' information technology needs
Essential Duties and Responsibilities (cont.):
- Daily Oversight of the following:
- Accounting
- Oversees Corporate Controller for Consolidated Group
- Consolidated Audited Financial Statements
- Dotted Line oversight to International Accounting/Finance organizations
- IT
- IT Operations
- ERP
- CRM
- CAD
- Cyber Security Issues
- Human Resource and Safety function
- Evaluates financial cost/benefit of employee relations, safety, performance management, training, succession planning, benefits, and other related decisions
- Negotiates and builds relationships with brokers, insurance companies, and legal counsel
- Plant Safety with Safety Director as Direct Report, and related Workers' Compensation Claims cost and administration.
- 401(k) Plan Administrator
- Manages staff respectfully
- Maintains open and honest communication with direct reports
- Periodically communicates clear expectations, monitors job results compared to expectations, documents constructive coaching throughout the year and during the annual review process
- Enforces policies and procedures to ensure organizational consistency
- Maintains professionalism and confidentiality in employee selection, performance management, and employee relations
- Develops Human Resources
- Trains and mentors employees to expand knowledge base and promote problem solving
- Delegates effectively to develop and identify new leaders within the company
- Supports internal and external customer service
- Understands and documents internal and external customer needs and expectations
- Develops resources and critical service metrics to ensure these needs are being met
- Communicates to appropriate team(s) when an expectation will not be met
Knowledge, skills and/or abilities:
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, etc.), Accounting and MRP/ERP Software preferable Microsoft Navision or SAP.
- Excellent organizational, interpersonal communication, and problem-solving skills
- Ability to inspire and motivate staff
- Ability to provide a respectful work environment for others
Education and/or Experience:
- Professional degree (B.Com, M. Com with CA, ICMA and CS or Inter pass.
- Head or Finance/Finance Director Experience required
- 15 years of Experience in Accounts, Finance and Legal dept.. In Pvt. Ltd./Public Ltd. Companies with expertise in accounts finalization, income tax working, costing, administration and working.
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