Director of Finance and Accounting

Job Description

Location : This position will be onsite at our corporate offices in Allen, Texas (Dallas-Fort Worth area). This is not a remote position.

Overview :

The Finance & Accounting Director is responsible for leading the finance and accounting functions of the organization. This role involves overseeing all accounting tasks, managing financial reporting, collaborating with senior executives on budgeting and performance tracking, supervising accounting staff, setting financial targets, implementing fundraising strategies, managing financial risks and investments, overseeing the annual audit process, and managing manufacturing and cost accounting.

The ideal candidate will possess strong leadership skills, exceptional financial acumen, and the ability to drive strategic financial decisions.

Requirements

Responsibilities :

Overseeing Accounting Tasks :

• Manage all accounting operations including payroll, accounts payable, accounts receivable, general ledger, and taxes.
• Ensure compliance with all financial regulations and standards.
• Assist with the preparation and timely filing of tax returns and K-1s.
• Familiarity with partnership tax accounting and pass-through entities.
• Optimize use of ERP to support financial processes.

Financial Reporting

• Prepare and present accurate and comprehensive financial reports to executives, board members, investors, lenders and other stakeholders.
• Support compliance and information requirements for lenders.
• Develop and monitor key financial metrics and performance indicators.

Budgeting and Forecasting

• Collaborate with executives and directors to create annual budgets and long-term financial plans.
• Track and analyze financial performance against budgets and forecasts.
• Work with supply chain management to align financial and product forecasts.

Supervising Accounting Staff :

• Lead, mentor, and develop the accounting team to ensure efficient and effective operations.
• Establish and maintain internal controls over financial reporting to safeguard company assets and ensure accurate financial reporting.

Managing Annual Audit Process :

• Oversee the selection of external auditors and manage the annual audit process.
• Ensure compliance with audit requests and address any deficiencies identified during the audit.
• Implement corrective actions to ameliorate deficiencies and enhance financial controls.

Documentation and Controls :

• Maintain thorough and accurate financial documentation to support all financial transactions and reporting.
• Develop, implement, and monitor internal controls to ensure financial integrity and compliance with regulatory requirements.

Manufacturing and Cost Accounting :

• Oversee all aspects of manufacturing and cost accounting, including the analysis of production costs and inventory valuation.
• Supervise the cost accountant and ensure accurate cost accounting practices.
• Provide financial insights and recommendations to improve cost efficiency and profitability in manufacturing operations.

Setting Financial Targets :

• Define financial targets and objectives in alignment with the company's strategic goals.
• Develop and implement strategies to achieve financial targets and drive growth.

Fundraising Strategies :

• Assist with fundraising opportunities and strategies to support the company's financial needs and growth plans.
• Assist with investor, financial institution, and other funding source communications.

Managing Financial Risks and Investments :

• Assess and manage financial risks, including credit, market, and operational risks.
• Oversee the company's investment activities and portfolio management.

Required Skills and Qualifications :

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.
• Minimum of 10 years of progressive experience in finance and accounting roles, with at least 5 years in a leadership position.
• Strong knowledge of accounting principles, financial regulations, and tax laws.
• Proven ability to prepare and present complex financial reports.
• Experience in budgeting, forecasting, and financial analysis.
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in financial software and ERP systems - experience with NetSuite a plus.
• Strong analytical and problem-solving abilities.
• High level of integrity and dependability.

Benefits

We offer a competitive salary and performance-based bonus program, top-tier benefits package including medical, dental, and vision insurance, 401(k), and paid time off.