What are the responsibilities and job description for the Director of Accounting and Finance- EIMCo position at East Iowa Machine Company?
DUTIES AND RESPONSIBILITIES:
- Develop and support financial objectives and organizational strategies by contributing accounting and financial information, analysis, and recommendations for strategic thinking and direction.
- Overseeing the preparation of financial reports, balance sheets, income statements, account reconciliations and other financial analysis
- Lead, develop and mentor accounting and finance team to support the organization ensuring the efficient processing of financial transactions with proper controls and segregation of duties · Establish accounting operational strategies by evaluating trends, establishing critical measurements, designing and improving systems, accumulating resources, resolving problems, and implementing change. · Provide financial projections by coordinating budget/forecast preparation, collecting, analyzing, and consolidating financial information. · Collaborate with team to maximize sales margins and minimize working capital requirements.
- Collaborates with other Steel Technologies business entities to identify, study, implement, and maximize synergies within the entire Steel Technologies organization. · Maintain sufficient funds by forecasting cash requirements and obligations
- Proactively plan, organize and direct all activities to manage credit risk and timely collections of accounts receivable from customer in accordance with terms.
- Proactively plan, organize and direct all activities to manage timely payment of accounts payable to vendors in accordance with terms.
- Lead and develop plans for continuous improvements to systems and process that increase efficiencies and reduce costs across the business
- Collaborate with corporate tax team to ensure compliance with tax reporting requirements including income tax, sales tax, property tax and pursue opportunities to minimize legally required taxes and maximize tax incentives.
- Collaborate with corporate accounting team to ensure financial information and schedules are submitted on a timely basis and ensure credit and accounting policies and procedures are consistently applied
KNOWLEDGE, SKILLS and ABILITIES:
- Strong understanding of accounting and finance including generally accepted accounting principles
- Excellent leadership, collaboration and communication skills to manage and develop accounting team and facilitate profitable growth strategies and strategic planning
- Exceptional analytical and problem-solving abilities
- Ability to work and interact with departments throughout the organization
- Exceptional written and verbal communication skills
- Strong organizational skills needed to plan and prioritize work activities
- Delegation – the individual delegates work assignments, gives authority to work independently, sets expectations, and monitors delegated activities
- Continuous Process Improvement – the individual looks for ways to improve and promote quality and efficiency, and demonstrates accuracy and thoroughness.
- Judgment – the individual displays willingness to make decisions, exhibits sound and accurate judgment, and makes timely decisions.
- Proficient computer skills, including accounting software and Microsoft office (Word, Excel, Outlook, PowerPoint)
- Able to travel as needed.
EDUCATION AND EXPERIENCE:
Bachelor’s degree in accounting and 6 years of experience managing accounting processes and leading a team. CPA or similar certification is preferred, well versed in accounting issues.
WORKING CONDITIONS:
Work is performed in an office setting with minimal to moderate noise due to computers, printers and people.
EIMCo is a safety-sensitive workplace. All employment offers are contingent upon results of a 10-panel drug screening, including marijuana.
The above statements are intended to describe the general nature and level of work being performed by the person assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills and physical demands required of personnel. This Job Description does not restrict management’s right to assign or reassign duties and responsibilities to this job at any time. The Company reserves the right to revise this Job Description, as it deems necessary.
EIMCo is an equal opportunity employer and considers all qualified applicants without regard to any classification protected by federal, state and/or local law.