What are the responsibilities and job description for the Director of Accounting / Finance position at Virtual?
We are seeking an experienced and results-driven Director of Accounting and Finance for one of our growing clients. This pivotal role involves overseeing the finance team, developing and executing the company’s annual business plan, optimizing and managing cost structures, and ensuring accurate financial forecasting and budgeting to support organizational growth and success.
Essential Functions
- Provide leadership and mentorship to finance staff, fostering a culture of continuous improvement, accountability and growth.
- Identify and implement company strategic initiatives as relevant to finance team or financial performance
- Work with executive leadership team to align external and internal drivers with strategic direction
- Stay informed on industry trends, competitor strategies and emerging market opportunities
- Lead and manage the monthly financial close procedure
- Liaison and lead annual processes with external vendors for financial statement audits, tax returns and 401k audit
- Develop and lead the company’s annual business plan and corresponding budgeting process
- Lead and manage the company’s payroll processes
- Lead and manage the company’s weekly sales commission and bonus programs
- Lead the quarterly and annual bonus and LTIP processes for the organization, optimizing as necessary.
- Manage, as company administrator, the company’s 401k plan ensuring compliance with all regulatory requirements
- Manage and ensure compliance with financial regulations and industry standards, particularly in Property & Casualty insurance, worker’s compensation and company sponsored health insurance
- Identify financial risks and implement mitigation strategies, including contingency plans for economic downturns or changes in consumer behavior
- Build and maintain a strong internal control environment
Required Knowledge, Skills & Abilities
