Vice President Finance

Job Title: Vice President of Finance

Location: Marcy Laboratories – Glendale Heights, IL 60139

Company Overview:

Position Overview: The Vice President of Finance will play a critical role in providing exceptional financial reporting, shaping the financial strategy, and ensuring the financial health of the organization. This position requires a strategic thinker with strong analytical skills and a proven track record in financial management. The VP of Finance will oversee all financial operations, including budgeting, forecasting, financial reporting, and risk management.

Key Responsibilities:

     Financial Management:

·        Employ a robust understanding of GAAP principles and experience.

·        Develop and implement necessary financial policies, procedures, and internal controls.

·        Manage and complete a robust independent audit in an accurate and timely manner.

·        Perform all necessary treasury functions including developing and managing a cash forecast model/process, robust communications process around potential liquidity issues, managing collections and supplier payments effectively to avoid unnecessary cash challenges and reputational issues.

·        Develop and implement revenue recognition, cost of goods sold, inventory, and accrual practices/strategies to support the company strategies.

·        Lead the control and valuation of inventory through regular monitoring and proven valuation techniques.

·        Develop and maintain a timely and robust budget and forecast cadence.

·        Maintain a living forecast to utilize as a tool for the organization and stakeholders.

·        Assess and communicate all risks and threats from a financial viewpoint.

Reporting and Communication:

·        Communicate relevant accounting concepts and information to all stakeholders.

·        Manage the monthly closing process to provide accurate and timely financial reporting packages and bank reporting.

·        Progress and provide timely information including data requests, and other needs from internal and external stakeholders.

·        Provide the CEO/Leadership Team/Board with timely and easily conveyed information for the future.

·        Proactively provide substantive feedback and guidance to the President/CEO.

·        Create clear and concise financial metrics, KPIs, and detail for the team as well as drive the monthly reporting cadence in support of the company’s strategies.

·        Develop financial communication materials for the Board of Directors and lenders.

·        Possess a robust understanding of the detailed results while summarizing and highlighting others around him/her.

·        Maintain attention to detail along with internal, external, and regulatory deadlines.

Strategic Focus and Leadership:

·        Develop professional grade systems / processes standardized across the organization.

·        Lead deployment and management of ERP systems and initiatives.

·        Range from tactical accounting processes through strategic challenges.

·        Build out costing structures and developing margin analysis that are accurate, understandable, and maintainable.

·        Stay grounded in the details but keep a strategic focus on the business.

·        Demonstrate being a “Leader as a Teacher” who wants to help teach and train the organization.

·        Support special projects as needed.

Qualifications:

    Experience:

·        Bachelor’s degree in accounting; MBA, CPA, and/or CMA preferred.

·        Minimum of 8 years of experience in finance, ideally, with at least 3 years in a senior leadership role.

·        Manufacturing cost accounting experience is expected.

·        Experience in multi-location and multi-product line manufacturing company is preferred.

·        Knowledge of financial reporting and consolidation tools.

·        Proven track record to translate broad strategic initiatives into prioritized tactical implementation plans.

·        Experience with NetSuite is preferred.

Skills:

·        Positive attitude and approachable demeanor.

·        Strong technical accounting skills with proven ability to apply GAAP.

·        Superior oral and written communication skills accompanied by good listening skills.

·        Proven ability to lead and develop high-performing teams.

·        Strength of character to push back respectfully and professionally on a CEO or other leader.

·        Ability to effectively communicate with all stakeholders inside and outside the organization.

·        Adaptability to nimbly navigate and lead others through complex situations.

·        Commitment to "roll up your sleeves"; no job is too small.

·        Good command of collaboration tools (Excel should be a strength).

·        Self-starter with a sense of urgency.

Benefits:

·        Competitive salary and performance-based bonuses.

·        Comprehensive health, dental, and vision insurance.

·        Retirement savings plan with company match.

·        Professional development opportunities.

·        Flexible work environment.

How to apply:

·        Email resumes to: jguajardo@marcylaboratories.com and jason.hassel@lfmcapital.com