What are the responsibilities and job description for the Vice President Finance position at TalentRemedy?
Are you a forward-thinking financial leader ready to make a lasting impact? Our client is seeking a dynamic VP of Finance to drive their financial strategy, lead a high-performing team, and play a pivotal role in shaping the company’s success. If you have a proven track record of leadership, strategic vision, and financial expertise, we want to hear from you!
Position Summary
Reporting to the C-suite, the VP of Finance will play a crucial role in driving our client’s financial strategy, contributing to strategic planning, and ensuring alignment with the company’s mission, goals & policies. In this pivotal role, you will lead and mentor the finance team, manage the processes for financial forecasting and budgets, and oversee the preparation of all financial reporting, directing the fiscal functions of the organization in accordance with GAAP and with financial management techniques and practices appropriate for the wholesale industry. The position has responsibility for helping to plan, develop and implement our client’s mission, goals, and policies.
Essential Duties and Responsibilities
The essential functions include, but are not limited to the following:
- Meets regularly with senior leadership to review financial status, outlook, and planning.
- Develops advanced forecasting and budgeting methodologies to drive strategic, long-term decision making.
- Oversees the planning and organization of activities related to finance and accounting.
- Provides financial advice and guidance related to contractual agreements under consideration by the organization. Develops strong banking relationships and initiates strategies to enhance cash position.
- Analyzes cash flow, cost controls, expenses, and all financial statements to pinpoint potential areas for improvement.
- Ensures compliance with local, state, and federal regulations, and company policies, procedures, and compliance programs.
- Evaluates and advises on the fiscal impact of long-range planning, introduction of new programs/ strategies, and regulatory action.
- Enhances and monitors risk management strategies to safeguard the organization’s assets and ensure regulatory compliance, including general liability and related insurance coverage.
- Analyzes and directs all cost accounting procedures together with other statistical and routine reports.
- Leverages technological advancements to streamline financial processes and enhance data analytics capabilities.
- Reviewing all formal finance and accounting-related procedures.
- Foster a culture of financial discipline and continuous improvement within the finance team. Provides staff with opportunities for professional and personal growth.
- Develops effective solutions to business challenges.
- Accomplishes all tasks as appropriately assigned or requested.
- Performs additional business operations duties and tasks, as required.
Knowledge, Skills, & Abilities
- An energetic, forward-thinking, and creative individual with high ethical standards.
- A strategic visionary with sound technical skills, analytical ability, good judgment, and strong operational focus.
- A well-organized and self-directed individual who is a team player with a proven track record of leading and inspiring finance teams to achieve high performance and drive organizational success.
- Exceptional communication and interpersonal skills, with the ability to build strong relationships across all levels of the organization and with external stakeholders.
- A decisive individual who possesses a "big picture" perspective.
- Ability to read, analyze, and interpret complex financial documents.
- Thorough knowledge of compliance requirements and governmental regulations.
- Thorough understanding of IS policies and procedures.
- Thorough understanding of or the ability to quickly master technology used in the organization.
Education and Experience
- A Bachelor of Science in Accounting or Finance is required.
- A CPA license is preferred and considered a strong asset.
- 10 years of progressive experience in accounting or financial planning, including a track record of leadership in a senior financial role.
- An experienced leader and financial executive with appropriate industry experience, preferably in wholesale, distribution, and/or consumer packaged goods is preferred.
- Individuals should have demonstrable experience with cost modeling, ERP, and database systems.