My client is a well established manufacturing business based on the North Shore. The client has been operating for well over 50 years and has some industry leading customers. They operate out of a state of the art manufacturing plant that houses a high volume of SKU's.
The Role
The Director of Accounting & Finance is responsible for managing all global accounting, financial, payroll, and administrative functions. This includes assisting the CEO with budget preparation, conducting financial analysis and preparing financial reports, developing and maintaining an effective system of accounting, managing the payroll system, and maintaining accurate financial records for audit.
The position collaborates closely with other key stakeholders, departments, and administrative team members. The position requires flexibility to work due to time-zone changes and may require occasional travel.
Responsibilities
- Oversee and manage accounting, finance, and payroll functions, including accounts payable, accounts receivable, credit and collections, and other areas. Implement and expect continuous review and improvement of all related policies and procedures to ensure proactive business improvement.
- Responsible for collaborating with the executive office and VP of Human Resources regarding funding, annual review, and financial analysis of all health and wellness benefits.
- Responsible for setting up new entities in other countries when needed; work pro-actively and collaboratively with local tax officials, e.g., a CPA firm, and involve other stakeholders within the company
- Actively contribute to the development and management of employee benefits with Human Resources.
- Manage and coordinate contract review internally and coordinate, as needed, with external legal support.
- Perform cash projections and management of account balances.
- Manage departmental budgets, performance, and controls. Provide monthly performance report showing key metrics, goals, and strategic initiatives.
- Manage and oversee corporate compliance requirements, reports and controls.
- Ensure all payroll systems follow domestic local, state, federal, and foreign entity laws and regulations.
- Coordinate and ensure that all tax, financial, and payroll tax reporting requirements, including W-2s and international tax reporting, are completed on time.
- Proactively communicate and engage with the Company’s designated CPA firm.
- Manage and problem-solve with vendors who provide payroll application and technology support.
- Act as project manager for software implementations and enhancements.
- Manage and oversee the coordination of IT payroll projects and their budgets.
- Communicate with stakeholders and executives about progress, plans, and issue resolution.
- Remain current on labor legislation and employee insurance and tax regulations changes. Communicate information to others within the organization as appropriate.
- Manage, nurture, and ensure solid and successful business relationships with all related banks, legal, financial, and other external services.
- May be expected to perform other duties not mentioned herein.
- Oversee and manage all accounting, finance, payroll, and operations employees to develop into a world-class team.
- Establish strategic direction using leadership principles within the department to enhance performance, communication, and flexibility within the group and greater organization.
- Maintain working knowledge of payroll, credit, collections, AP and AR, etc.
- A bachelor’s degree in accounting, finance, or equivalent, or 15+ years of financial accounting and operational management with increasing levels of responsibility.
- 10 years of experience supporting business growth strategy and focused in any or all the following industries: manufacturing, distribution, sales, and accounting.
- Minimum 10 years of experience and knowledge leading and directing the team in all areas of accounting, finance, payroll, and related systems and applications.
- Strong management, interpersonal, and analytical skills are essential, as well as the ability to be hands-on yet think long-term and strategically.
- Strong knowledge of domestic and global tax and labor laws. Prefer a candidate with more than 15 years of demonstrated experience with international finance and business operations for managing budgets, audits, and financial reporting.
- ERP System experience, preferrably SAP
- Hands-on knowledge of systems implementation to develop systems across the company. Participate in continuous education in systems capabilities and best practices.
- Ability to proactively collaborate with diverse colleagues across multiple teams within or outside of the organization throughout domestic and global regions.
- Naturally demonstrates effective communication, collaboration, organizational and strategic planning skills.
- Background in Six Sigma, process development, and process improvement
- Must possess excellent skills for liaising with employees, external partners, and regulatory bodies as needed.