Vice President of Accounting and Finance

The Vice President of Accounting and Finance plays a pivotal role in steering the financial health and strategic direction of Superior Tire & Rubber Corp., a privately held S-Corp.  This senior leadership role encompasses oversight of accounting, financial planning, budgeting, compliance, and strategic initiatives, contributing to the company's long-term growth. The VP of Accounting and Finance is a key member of the executive team, responsible for driving financial excellence and efficiency.

Key Responsibilities

• Financial Management: Oversee all accounting functions, including accounts payable, accounts receivable, general ledger, and financial reporting. Ensure timely and accurate monthly, quarterly, and annual financial statements.
• Financial Planning & Analysis: Lead the annual budgeting process, develop financial forecasts, and analyze key performance indicators (KPIs) to provide insights and support strategic decision-making.
• Cost Accounting: Develop and maintain cost accounting systems, analyze production costs, and manage inventory levels.
• Capital Budgeting: Plan, budget, report, and analyze capital expenditures and projects with the operations team.
• Tax Compliance: Ensure compliance with all federal, state, and local tax regulations. Oversee tax reporting and optimize tax strategies (including R&D tax credits).
• Treasury Management: Manage cash flow, banking relationships, and investment strategies.
• Risk Management: Analyze and negotiate insurance coverage for property, casualty, workers' compensation, and health.
• Accounting Compliance: Ensure compliance with GAAP accounting standards and internal control procedures. Coordinate internal activities for external audits.
• Leadership & Team Management: Provide leadership and direction to the finance and accounting team, including the controller, cost accountant, and accounts payable/receivable staff. Foster a collaborative and high-performing work environment.
• Strategic Planning: Contribute to the development and execution of the company's strategic plan.
• Employee Incentive Programs: Administer the Superior Executive Equity program and the annual Superior company performance bonus program.
• Contract Review: Review customer and vendor supply agreements to assess financial risks and opportunities.
• Business Continuity Planning: Develop and maintain business continuity plans to ensure the company's financial stability in the event of disruptions.

Supervisory Responsibility:

Direct reports include the accounting team including the controller, staff accountant, cost accountant, AP/AR, Invoicing, clerks and administrative assistants. The Vice President of Accounting and Finance leads the monthly company-wide financial review and participates in the monthly executive committee review.