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Chief Financial Officer Virginia

Our client, a P.E. owned food manufacturer is seeking a top financial leader to help with the rapidly growing business. This individual will have a team of ten and will help evolve the business using deep experience in cost accounting, manufacturing, and inventory management. 

Principle Duties:

Strategy, Planning and Management:

  • Assess and evaluate financial performance of organization with-regard-to long-term operational goals, budgets and forecasts.
  • Provide insight and recommendations to both short-term and long-term growth plan of organization.
  • Communicate, engage, and interact with Board of Directors, CEO, COO and Executive Leadership Team.

Financial Analysis, Budgeting and Forecasting:

  • Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
  • Identify, develop and execute analysis of business initiatives, product-  launch and/or new service offerings.
  • Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

 Accounting, General Ledger, Administration and Operations:

  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors, and company’s board of directors.

Finance and Accounting Team Management:

  • Mentor and develop a team of 10 senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
  • Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.

Cash Management:

  • Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
  • Supervise Accounts Receivable management and provide guidance relating to the collection process

Chief Financial Officer (CFO) – Position Requirements:

  • Bachelor Degree in Accounting or Finance
  • CPA Required
  • 10+ years total accounting or finance experience
  • Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance
  • Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
  • “Hands On” ERP Systems Experience – SAP, JD Edwards or PeopleSoft experience preferred
  • Demonstrated leadership ability, confidence and executive presence – ability to motivate staff.

For More Information Please Contact:

Paul Morrissey – 781-837-0417

Vice President –

TCH Resource & Recruitment, Inc.