Director, Accounting Operations

Position Summary: This leadership position requires a deep understanding of accounting principles in a manufacturing environment specific to furniture, textile or related industry and the ability to manage complex financial operations. In this role, the Director of Accounting Operations will oversee the overall divisional financial reporting and compliance processes while ensuring the integrity of our financial systems. The incumbent must demonstrate exceptional leadership capabilities to guide the company’s divisional accounting team in implementing best practices, streamlining processes, and ensuring accurate financial data reporting. This role will collaborate closely with the CFO and divisional management to develop and execute financial strategies that align with our organizational goals and objectives. This position is vital to our success, as it involves direct engagement with auditors and regulatory bodies, to ensure compliance with legislation and regulations. This position must be a strategic thinker with a passion for continuous process improvement.

Position Responsibilities:

• Lead and manage all aspects of divisional accounting functions, including financial reporting, compliance, budgeting, and analysis.
• Direct the monthly divisional closing process, collaborating closely with the divisional controllers and corporate accounting staff, including preparation of key divisional journal entries and review of key account reconciliations.
• Lead the annual standard cost revaluation and interim cost updates as needed, working closely with the Cost Accounting Manager to ensure standard costs are accurate to support divisional profit objectives.
• Work closely with the VP & Corporate Controller to develop and implement accounting policies and procedures to ensure adherence to GAAP and industry-specific regulations.
• Oversee the preparation of divisional monthly, quarterly, and annual financial statements, including the annual budget and quarterly forecasts.
• Collaborate with external auditors during the annual audit process to ensure timely completion and accurate reporting.
• Monitor and analyze divisional financial performance metrics and trends to provide actionable insights to executive leadership.
• Work with the company’s internal auditor and divisional controllers to Implement and maintain effective internal control systems as part of SOX 404 compliance to safeguard company assets and ensure compliance.
• Collaborate with cross-functional teams to support strategic initiatives and optimize overall performance.

Role Qualifications/Essential Skills and Experience:

• A minimum of 10 years of progressive experience in accounting, with at least 5 years in a leadership role within a manufacturing environment in the textiles sector or a similar industry. Previous experience as a divisional controller is a plus.
• Demonstrated expertise in financial reporting, compliance, and internal controls, with a thorough understanding of relevant regulations.
• Strong analytical and critical thinking skills, with the ability to interpret complex financial data and provide strategic recommendations.
• Experience with AS400 or similar ERP systems. Recent experience with accounting and or ERP systems implementation is highly preferred. ,
• Highly proficient using Microsoft Excel with advanced skills doing financial modeling.
• Exceptional leadership and team management skills, with experience in developing and mentoring accounting professionals.
• Excellent verbal and written communication skills, with the ability to present financial information clearly to diverse audiences.

Education Requirements:

• Bachelor’s degree in accounting, finance, or a related field; an MBA, CPA or CMA is highly preferred.
• The position is located on site in High Point, NC.