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CFO
Acara Solutions Buffalo, NY
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$334k-561k (estimate)
Full Time Just Posted
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Acara Solutions is Hiring a CFO Near Buffalo, NY

Job Description
Job ID#:
535537
Job Category:
Pro - Accounting
Position Type:
Direct Placement
Duration:
Direct Placement
Details:
Opportunity SummaryOur client is seeking a passionate and results-oriented CFO to join their dynamic leadership team. As CFO, you will play a critical role in driving the company's financial strategy, ensuring financial health, and supporting our growth aspirations. You will oversee all aspects of the finance function, including accounting, financial reporting, budgeting, forecasting, cost accounting, tax planning, banking relationships, and treasury management. You will be a key partner to the CEO and executive team, providing strategic financial insights and analysis to inform business decisions.Essential DutiesResponsibilitiesLead and manage the entire finance department, ensuring efficient and accurate financial operations.Develop and implement the company's financial strategy, aligned with overall business objectives.Prepare and present financial statements, reports, and analyses to the CEO and other stakeholders.Manage budgeting, forecasting, and cash flow planning to ensure financial stability and liquidity.Develop and implement tax strategies to minimize tax liabilities.Oversee internal controls and compliance with financial regulations.Manage relationships with banks, lenders, and other financial institutions.Identify and evaluate investment opportunities and manage capital allocation.Partner with other departments across the organization to support business growth initiatives.Review and improve the efficiency of finance transaction processing and internal controlsManage and oversee the ERP system, including updatesStrategic Business PartnerPartner with the Senior Leadership Team on operational and strategic issues as they arise and provide strategic recommendations to the CEO, including financial analysis and projections, cost identificationStrategic Business PartnerPartner with the Senior Leadership Team on operational and strategic issues as they arise and provide strategic recommendations to the CEO, including financial analysis and projections, cost identification and allocation, ROI analysis, and revenue/expense analysis.Lead development of strategic plans, annual sales forecasts, and operating budgets as an integral member of the executive management team and provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.Create financial models to support key strategic decision-makingEvaluate and determine the financial impact of new business initiativesFinancial reportingPublish accurate and timely financial reports with meaningful narrative analysis of the company's performanceDesign and implement reports needed to track key indicators of growth, efficiency, and potential areas for expansion or cost-cuttingCreate ad hoc reports and financial analysis as requiredCost Accounting/Profitability AnalysisDevelop, implement, and oversee a robust cost accounting system for manufacturing operations, ensuring accurate identification, allocation, and analysis of production costs.Analyze variances between actual and budgeted costs, identifying root causes, and implementing corrective actions.Provide cost data and insights to support cost reduction initiatives, product pricing decisions, and profitability analysis.Work closely with production and engineering teams to optimize manufacturing processes and improve cost efficiency.Perform cost and profitability analysis for business units, customers, product lines, and productsReview costs and set selling prices for all Manufacturing Division products and significant projects or products in the Distribution and Special Accounts divisionPartner with Quality and Operations to identify opportunities to reduce cost and eliminate wasteExternal relationshipsServe as the primary point of contact for banking and outside accountant relationshipsProvide required financial information to banks and outside accountants, including financial statements and information required for company and shareholder tax returnsReview work of outside accountants, including prepared financial statements and tax returnsInventoryReview and maintain internal control policies and procedures relating to inventory accuracy and transaction processingReview and investigate measures of inventory accuracy, including cycle count accuracy, physical inventory results, and other adjustmentsIdentify key performance indicators relating specifically to inventory accuracy and financial performance. Design and implement analytical reporting to monitor and manage inventory performanceWork with operations personnel to review and manage inventory portfoliosJob Requirements
Minimum Security Clearance:
Not Required
Details:
QualificationsBachelor's degree in Accounting, Finance or Economics requiredAdvanced degree in a related field, MBA and/or CPA or CFA preferred.10 years of experience in a senior finance role in a manufacturing environment; Proven track record of success in leading and managing a finance team.Strong GAAP, Internal Controls knowledge, and cost accounting principles required.Strong analytical and problem-solving skills.Excellent communication, interpersonal, and presentation skills.Ability to work independently and as part of a team.Proficient in financial modeling, accounting software, and ERP systems.Experience with tax planning and compliance is a plus.Exceptional general business knowledgeCompensation and Benefits:We offer a competitive compensation package, including salary, bonus, and benefitsSalary Range: $160,000 - $190,000 based on experience.Aleron companies (Acara Solutions, Aleron Shared Resources, Broadleaf Results, Lume Strategies, TalentRise, Viaduct) are Equal Employment Opportunity and Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, genetic information, sex, age, disability, veteran status, or any other legally protected basis. The Aleron companies welcome and encourage applications from diverse candidates, including people with disabilities. Accommodations are available upon request for applicants taking part in all aspects of the selection process.Applicants for this position must be legally authorized to work in the United States. This position does not meet the employment requirements for individuals with F-1 OPT STEM work authorization status.

Job Summary

JOB TYPE

Full Time

SALARY

$334k-561k (estimate)

POST DATE

05/06/2024

EXPIRATION DATE

05/19/2024

WEBSITE

acarasolutions.com

HEADQUARTERS

WILLIAMSVILLE, NY

SIZE

1,000 - 3,000

FOUNDED

1957

CEO

SCOTT STENCLIK

REVENUE

$200M - $500M

INDUSTRY

Business Services

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About Acara Solutions

Acara is a premier provider of recruiting and workforce solutionswe help companies compete for talent. With a legacy of experience in a variety of industries around the world, we partner with clients, listen to their needs, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, employer branding, and workforce services worldwide. At Acara, we see fit. Learn more at acarasolutions.com. Acara is an Aleron company. Learn more at aleroninc.com. Our values: Were supportive. ... We value our employees, encourage them to succeed, and reward their positive efforts. Were principled. We demonstrate respect for moral principles and ethics. Were defined by actions of honesty, integrity, fairness, equality, dignity, diversity, and individuality. Were accountable. We take ownership of our actions. Whats more, we take ownership of our results. Were engaged. Were seasoned pros who bring our best selves to work, and we encourage others to do the same. Were transparent. Were an endless stream of open communication to our employees, clients, suppliers, and partners. Were all in. We are 100% committed to sustaining growth and achieving success. More
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