What are the responsibilities and job description for the VP of Finance and Operations position at Brightpath Associates LLC?
Overview:
We are an established family owned and operated apparel importer / distributor seeking an experienced and dynamic Vice President of Operations and Finance to join our leadership team. This role will be responsible for overseeing and optimizing the company’s operational processes, leveraging best in class experience and industry proven processes, while managing financial activities to ensure sustained growth and profitability. Office is located in Long Island City, N.Y.
Operations Responsibilities & Essential Functions:
- Lead and oversee all day-to-day operations, ensuring processes are efficient, streamlined, and scalable to meet company objectives.
- Define departmental KPI’s that align with strategic company goals and ultimately increase team member accountability through quantifiable metrics.
- Work collaboratively with department heads including warehousing, logistics, sales and IT to optimize workflows, improve cross-departmental communication, and implement best practices to maximize team efficiency.
- Manage company insurance and employee health plans, 401k, pension, medical and retirement accounts.
- Manage and communicate with company vendors, including freight rate negotiations, and support contractors.
- Manage onboarding new employees.
- Oversee customer service manager and respond to requests involving finance and shipping for larger accounts.
Financial Management Responsibilities and Essential Functions:
- Oversee all financial planning and analysis, including budgeting, forecasting, and financial reporting, ensuring cost control, profitability, and financial stability.
- Monitor and manage cash flow, to meet its short-term and long-term financial goals.
- Provide daily financial reporting, managing payables and account transfers of funds based on activity needs.
- Analyze costs, identifying and implementing cost-saving opportunities.
- Provide reports on logistics performance, transportation costs, and inventory levels and make recommendations for improvement.
- Manage factor financial relationship and credit card accounts.
- Manage reconciliation and all financial information for accountants.
- Create reporting, budgeting and projections to executive management.
- Provide strategic insights to support the company's growth, profitability, and sustainability objectives.
Qualifications:
- Bachelor’s degree in Finance, Business Administration, or a related field (Master’s or MBA preferred).
- Minimum of 5 years of experience in operations and financial management, with a proven track record in a senior leadership role.
- Proven ability to plan and organize workload and work within tight deadlines, while flourishing in a team-oriented environment.
- Ability to assimilate and process data from a wide range of sources, being highly detail oriented.
- Expert knowledge of data analysis and forecasting methods.
- Excellent oral & written communication skills.
- Strong understanding of financial processes, including budgeting, forecasting, and financial analysis.
- Proficient in Excel to create complex financial models that will support proper evaluation of company’s processes and financial goals.
- Demonstrated ability to improve operational processes and drive efficiency across all departments.
- Excellent leadership, communication, and interpersonal skills with the ability to work collaboratively with executive teams and department leaders.
- Strategic thinker with strong problem-solving skills and a hands-on approach to leadership