Demo

Chief Financial Officer

Product and Manufactoring Company
Durham, NC Full Time
POSTED ON 2/8/2025
AVAILABLE BEFORE 5/8/2025

Job Description

Job Description

  • CONFIDENTIAL POSTING
  • We are seeking a strategic leader to serve as the company Chief Financial Officer CFO in Durham, North Carolina. We are a manufacturing company with a strong R&D team. Our products are used worldwide for quality control and inspection.

The successful candidate will be responsible for financial management, financial reporting, compliance, leadership, guiding financial strategy, planning, and maintaining company’s fiscal stability. The CFO will be involved in full collaboration with the executive management team to establish long-range goals, strategies, plans, and policies.

To qualify for this position, we require the candidate to have a BS degree in accounting, finance or equivalent (MBA preferred) with five plus years of experience in senior financial managerial role. Experience with ERP programs and familiarity with organizations conducting research, development and manufacturing is a key requirement. Professional accreditation such as CPA is a plus.

We offer continuous training, competitive compensation, benefits and exceptional potential for growth in a rapidly growing company.

Primary Responsibilities :

  • Oversee all accounting functions for the company
  • Review and implement accounting standards, internal policies, and procedures to ensure compliance with GAAP
  • Drive process improvements and efficiency gains in accounting operations
  • Financial analysis of accounting reports, financial statements, taxes, and other financial reports.
  • Execute month-end closings, financial forecasts, budgetary controls, cost accounting, audits, and reporting
  • Manage and mentor all accounting staff, creating a culture of excellence and continuous learning
  • Lead the monthly and year-end close process, ensuring all financial activities are accurately recorded and reported
  • Continually assess and improve financial reporting and closing processes to enhance controls, efficiency, accuracy, and transparency
  • Manage monthly and quarterly reconciliations to ensure accurate and timely reporting
  • Serve as point of contact for external tax agency(s)
  • Oversee and manage sales and tax reporting calculation and commission reporting for sales
  • Oversee cash management, positive pay, ACH approvals, bank covenants
  • Ability to read and analyze sales and vendor documents and contracts
  • View daily bank account balances online and notify staff to post payments from customers.
  • Analyze and sign off on all invoices for payment
  • Create and prepare annual budgets in the accounting system
  • Prepare and analyze monthly Balance Sheet and Income Statement
  • Compliance for tax, legal, state, and federal issues
  • Process journal entries into accounting system
  • Audit monthly financial reports for review by management
  • Bank Liaison for all banking transactions including wire transfers, stop payments, and credit lines
  • Process monthly journal entries for paying down credit lines and mortgages
  • Manage process to transmit deposits to the bank as needed
  • Manage all credit card accounts online (add / cancel cards, monitor spending, code monthly bills)
  • Create 1099-Misc tax forms for Service Providers
  • Review financial information on other companies for potential acquisitions that the owner might be interested in
  • Internal Auditing of vehicles, cell phones, computers, various assets
  • Work with outside CPA consultant to gather info for annual tax prep and send them the info they need for the annual taxes
  • Prepare all material for internal and external audits, analyze information
  • Any other accounting related tasks, projects, assignments that a Controller would handle
  • Qualifications / Knowledge, Skills and Abilities :

  • Ability to communicate clearly and effectively with leadership among various departments
  • Creates a sense of trust and reliability with internal and external customers.
  • Exhibit a high-level of professionalism, diplomacy, discretion and confidentiality
  • Strong analytical skills and attention to detail
  • Strong problem-solving skills
  • Demonstrates confidence balanced with humility
  • Demonstrates a strong work ethic, willing to be available, approachable and manage a flexible work schedule
  • Works well without close supervision while keeping relevant stakeholders informed
  • Performs all other duties as necessary and / or assigned
  • Setup and track Key Performance indicators for the accounting department
  • Requirements / Experience, Education and Background :

  • Accounting Manager and leadership experience in production environment
  • Bachelor's degree in Accounting or related field
  • CPA certification strongly preferred
  • Familiarity with organizations conducting research, development and manufacturing is a key requirement
  • 10 plus years of experience in accounting roles, with a background in AR / AP and inventory management
  • 5 plus years of experience in senior financial managerial role.
  • Strong background in financial analysis
  • Strong knowledge of GAAP
  • Proficiency in Excel, with the ability to manipulate data and migrate between ERP systems
  • Experience using an ERP system
  • Physical Requirements

  • Ability to safely maneuver around an office setting and cubicle environment
  • Ability to lift and carry standard office supplies
  • Required to stand, walk and sit; talk or hear, both in person and by telephone; use hands to finger, handle or feel objects or controls; reach with hands and arms. Regularly required to stoop, kneel, bend, crouch and lift up to 25 pounds
  • Full Benefits Package :

  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short- and Long-term Disability Insurance
  • 401(k)
  • Paid Maternity / Paternity Leave
  • Paid Time off
  • Equal Employment Opportunity Company

    Company Description

    Manufactoring company

    Company Description

    Manufactoring company

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