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Job Description
We are a leading Manufacturing and Direct Sales company with a group of five plant factories, dedicated to delivering high-quality products and exceptional customer service. With a commitment to innovation, sustainability, and our core values of integrity and teamwork, we are seeking a strategic and experienced Financial Manager to join our team.
This role will play a critical role in shaping the financial strategy of the company, ensuring financial health, and driving operational efficiency. This position requires a strong leader with a deep expertise of financial management, strategic planning, and risk management in the manufacturing industry, along with experience in direct sales.
Key Responsibilities
- Develop and implement long-term financial strategies aligned with company growth objectives and operational efficiency.
- Lead comprehensive financial planning processes, including budgeting, forecasting, and variance analysis to ensure alignment with corporate strategy.
- Monitor and optimize cashflow to ensure operational liquidity. Develop cash flow forecasts to anticipate funding needs and manage working capital effectively.
- Oversee treasury operations, including cash management, banking relationships, and investment strategies to maintain suitable liquidity.
- Identify, assess, and mitigate financial risks, develop risk management policies and procedures to ensure the company’s financial stability.
- Oversee capital structure optimization, including debt and equity financing, to support operational needs and growth initiatives.
- Evaluate and recommend investment opportunities, conducting thorough financial analysis to guide decision-making on capital expenditures.
- Conduct detailed cost analyses to identify opportunities for cost reduction and efficiency improvements. Implement cost-control measures and monitor their effectiveness across departments.
- Establish and monitor (KPIs) to assess financial and operational performance, providing actionable insights to the executive team.
- Lead financial due diligence and integration processes for potential mergers, acquisitions, and partnerships, ensuring alignment with strategic goals.
- Ensure timely and accurate financial reporting, adhering to regulatory requirements and accounting standards.
- Coordinate annual audits and ensure timely completion of financial statements. Address audit findings and implement necessary changes to financial processes.
- Serve as the primary financial spokesperson for the company, presenting financial results and strategies to the board, investors, and other stakeholders.
- Mentor and develop finance team members, fostering a collaborative environment that encourages professional growth and knowledge sharing.
- Oversee tax planning strategies to ensure compliance with local, state, and federal tax regulations. Collaborate with external tax advisors to optimize tax liabilities and manage audits effectively.
- Develop and maintain complex financial models to support strategic decision-making and scenario planning.
- Prepare and present comprehensive financial reports to the board and executive team, highlighting key insights and recommendations.
- Collaborate with other departments to support strategic initiatives, ensuring financial viability and alignment with company goals. Evaluate the financial impact of operational changes, product launches, or market expansions.
Job Requirements
- Bachelor’s degree in Finance, Accounting, or a related field, MBA/CMA preferred.
- Minimum 10 years of financial management experience, including 5 years in a leadership role within manufacturing or direct sales.
- Proven experience in strategic financial planning and analysis.
- Proficiency in financial modeling, forecasting, and budgeting.
- Strong knowledge of financial compliance regulations.
- Experience with financial software and ERP systems is a must.
- Strong analytical and problem-solving skills.
- Excellent leadership and interpersonal abilities.
- Effective communication skills, both written and verbal.