Overview
Bay Colony Search has been retained to hire a VP of Finance for a small, but growing, industrial manufacturer in Baltimore. The role reports to the President and is a strategic partner to him and the private equity sponsor. This is a smaller company with just one other person in Accounting/Finance, so the candidate must be both strategic and tactical and capable of performing journal entries.
Essential Duties and Responsibilities
- Responsible for month end close functions by preparing journal entries and performing quarterly balance sheet reconciliations
- Prepare and maintain annual budgets and multi-year forecasts; analyze budget/forecast variances and financial trends
- Ensure effective internal controls and compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting
- Monitor financial covenants of in-debt agreements, prepare quarterly compliance reports, and maintain lender relationships
- Oversee daily cash activities and capital distributions
- Manage annual financial audit, including developing the audit schedule and interacting with auditors
- Present financials to the Board on a quarterly basis
- Partner with other leaders to develop and implement process improvements and new technologies to create a more efficient accounting department
- Evaluate potential acquisitions and assist with integration if a transaction is completed
Qualifications
- Bachelor’s degree mandatory; Master’s degree in Accounting or Finance preferred
- 8+ years of accounting and finance experience; experience in a small company (<$30M) preferred
- Desire to be part of a smaller company
- Experience in a manufacturing environment
- Ideally experience with private equity-backed businesses
- Ability to be a strategic partner to the CEO
- Strong communication skills with the ability to present to a Board
- ERP implementation experience
Details
- Seniority level: Director
- Employment type: Full-time
- Job function: Accounting/Auditing and Finance
- Industries: Wholesale Building Materials, Automation Machinery Manufacturing, and Venture Capital and Private Equity Principals