Vice President Finance

Olsen Day; Houston (TX); On-site; USD 150,000 - 200,000; Full time

Job summary

A confidential executive search firm is seeking a Vice President of Finance responsible for overseeing financial operations and strategy. This role requires a Bachelor’s degree and ten or more years of finance/accounting experience, along with previous management experience. Candidates should have strong leadership skills and a stable employment history. The position is located in Houston and focuses on developing financial strategies to support the company's objectives. Competitive compensation and company culture focused on excellence and teamwork are part of the offer.

Qualifications

• Requires stable employment history with an average job tenure of over two years per employer.
• Ten or more years of finance/accounting experience is mandatory.
• Previous management experience required, comfortable leading a team.

Responsibilities

• Lead and manage the accounting and finance team with mentorship.
• Oversee budgeting process, aligning with departmental heads.
• Evaluate risk positions and optimize insurance coverage.

Skills

Team leadership

Strategic financial planning

Revenue analysis

Cash flow management

Risk management

Compliance with regulations

Education

Bachelor’s degree

Master’s or MBA

CPA certification

Job description

The Vice President of Finance (VP Finance) is the executive responsible for overseeing all aspects of the Company's financial operations. This role is responsible for developing and implementing financial strategies, budgets, and forecasts to support the Company’s overall objectives. The VP Finance is a member of the Company’s executive leadership team.

The position is located in the Energy Corridor.

The business is a gem - stable, profitable and growing and offers a culture that focuses on excellence, process, customer service, teamwork and work-life balance. Employee turnover at this company is extremely low.

The company is a distributor of specialty parts and materials.

Overview of the position

• Banking relations - Establish and maintain relationships with the Company’s financial institutions
• Strategic financial planning - align cash flow strategies with growth goals and strategies, ensuring financial stability in volatile markets while supporting investments in inventory and growth opportunities
• Revenue analysis and reporting - analyze the Company’s revenue streams (e.g., customer segments, product lines, industries, etc.), make sense of it, and develop strategies that amplify high performing revenue sources
• Create and evaluate financial models for new initiatives, including the introduction of new product lines, assessing profitability, market potential, and alignment with cash flow objectives
• Team Leadership – lead and manage the accounting and finance team, providing mentorship, guidance, and knowledgeable coaching
• Lead the budgeting process, working with other department heads
• Collaborate with sales and production to plan material purchases and create pricing strategies
• Cash flow management and forecasting and working capital management
• Develop and implement strategies and systems to improve financial performance
• Treasury / investment management - oversee the Company’s investment plan, including making recommendations for optimal allocation of capital
• Risk management - continuously evaluate the company’s risk position and optimize insurance coverage
• Compliance – ensure the Company complies with all applicable financial regulations and tax laws. Liaise with external CPA firm for annual review and tax return preparation

Candidate profile

• Bachelor’s (required); Master’s or MBA preferred
• Stable employment history required (average job tenure of more than two years per employer)
• Ten or more years of finance / accounting experience
• Previous management experience is required
• Able to lead and motivate team members
• A good teammate / colleague with other department heads
• Able to multi-task and to meet deadlines
• Comfortable with an in-office work location
• CPA preferred

Search firm information

This is a confidential search being conducted by Olsen Day – a retained executive search firm. The key contact is Mark Day. Individuals who have questions or are interested in a preliminary conversation are welcome to call Mark at [phone], or to email him at [e-mail]. All communications will be held in strict confidence.