Director of Finance

Lone Star Pharmaceuticals; Argyle (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

Lone Star Pharmaceuticals is seeking a Director of Finance to lead financial planning, budgeting, forecasting, and regulatory compliance across Lone Star, One World, and European operations.

In this senior role, you will provide strategic insights to the executive team, manage risk, and drive profitability while mentoring a small finance team in a fast-paced pharmaceutical distribution environment.

Qualifications

• 7–10+ years in finance with leadership experience.
• Experience in pharma distribution or regulated industries preferred.
• CPA, CFA, or MBA is preferred.

Responsibilities

• Oversee monthly, quarterly, and annual financial statements, reports, and forecasts.
• Oversee financial performance across Lone Star, One World, and European operations, coordinating budgets and forecasts.
• Develop financial models to support pricing, capital investments, and growth initiatives.
• Ensure compliance with accounting standards and pharmaceutical industry regulations.
• Oversee internal controls and coordinate audits, tax filings, and regulatory compliance.
• Lead, mentor, and develop a small finance team and drive continuous improvement.

Skills

Strategic leadership

Budgeting & forecasting

Financial analysis

Regulatory compliance

Cross-functional collaboration

Cash flow management

Communication

Education

Bachelor's degree in Finance or related field

Tools

SAP

QuickBooks

Excel

Job description

The Director of Finance will oversee and manage all financial aspects of Lone Star, One World, and European operations. In this key leadership role, you will be responsible for strategic financial planning, budgeting, forecasting, and ensuring compliance with financial regulations, especially within the pharmaceutical distribution industry. You will provide financial insights to senior management, supporting the company's growth and profitability while managing risk and maintaining efficient financial operations.

Key Responsibilities:

Financial Planning & Strategy:

• Lead the preparation of monthly, quarterly, and annual financial statements, reports, and forecasts.
• Oversee financial performance across Lone Star, One World, and European operations, providing business-unit reporting and coordinating budgets and forecasts across the three operations.
• Develop financial models to support strategic business decisions, including pricing, capital investments, and growth initiatives.
• Collaborate with the senior management team to develop long-term financial strategies in alignment with company goals.

Budgeting & Forecasting:

• Lead the budgeting process, ensuring alignment with business goals and efficient allocation of resources.
• Conduct regular financial analysis and variance reporting to identify discrepancies, risks, and opportunities for improvement.
• Review financial data to assess performance against the company’s budget and forecasts, and recommend corrective actions as needed.
• Ensure accurate and timely financial reporting in compliance with all relevant accounting standards and regulatory requirements, including pharmaceutical industry-specific regulations.
• Oversee the company’s internal controls and ensure adherence to all applicable legal, regulatory, and company policies.
• Coordinate external audits, tax filings, and ensure compliance with relevant tax laws.

Cash Flow & Working Capital Management:

• Manage cash flow to ensure sufficient liquidity for operations, considering the specific needs of the pharmaceutical distribution business.
• Oversee accounts payable and receivable to optimize working capital and minimize financial risks.
• Evaluate customer creditworthiness, approve and extend trade credit within delegated authority, and establish credit limits and payment terms.
• Review credit limits and payment terms as customer risk changes, and monitor overdue balances and credit exposure across business units.
• Develop and implement cash management strategies to handle the seasonal or fluctuating nature of pharmaceutical distribution.
• Identify, assess, and mitigate financial risks, including pricing, credit risk, supply chain disruptions, and regulatory changes.
• Work with the leadership team to ensure that the company’s risk management policies and procedures are effective and aligned with industry standards.
• Lead, mentor, and develop a small finance team, ensuring that the department operates efficiently and meets all financial reporting and analysis requirements.
• Foster a culture of continuous improvement, encouraging team members to grow professionally and develop expertise in pharmaceutical finance.

Stakeholder Management:

• Communicate financial performance and strategic recommendations to the CFO, executive team, and external stakeholders (e.g., investors, bankers, auditors).
• Build and maintain strong relationships with vendors, distributors, and other key financial partners.

Qualifications & Skills:

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A CPA, CFA, or MBA is preferred.
• Experience: At least 7-10 years of experience in finance and accounting, with at least 3 years in a leadership or senior finance role, preferably within the pharmaceutical or distribution industry.
• Multi-Business-Unit Experience: Experience managing finance across multiple business units, including budgeting, forecasting, and reporting at the business-unit level.
• Customer Credit Experience: Hands-on experience evaluating creditworthiness, issuing trade credit, setting credit limits, and establishing customer payment terms.

Skills:

• Strong knowledge of financial reporting, budgeting, forecasting, and analysis.
• Excellent understanding of accounting principles and financial regulations.
• Advanced proficiency in financial software (e.g., QuickBooks, SAP) and Excel.
• Strong leadership and team management skills.
• Exceptional analytical, problem-solving, and decision-making abilities.
• Strong communication and interpersonal skills.

Personal Attributes:

• Detail-oriented with a strategic mindset.
• Ability to thrive in a fast-paced, dynamic environment.
• Willingness to be a player-coach by assisting with duties of a small accounting department but also be a coach and mentor to members of the accounting team.
• Strong ethical standards and commitment to maintaining confidentiality.
• Adaptable to changing business needs and market conditions.