Assistant CFO

Bane Machinery•Dallas, TX

About The Position

Bane Machinery, Inc. is a growing equipment and machinery company with four locations across Texas. The newly created Assistant Chief Financial Officer position reports directly to the Chief Financial Officer and helps oversee accounting, finance, human resources, credit and collections, accounts receivable, accounts payable, fixed asset accounting, and property and casualty risk management across all four locations. The role initially takes over credit management, including oversight of the lien notice process, and handles substantial human resources responsibilities while becoming involved in other areas as needed. For a candidate with broad accounting, finance, and business experience, there may be an opportunity to advance to CFO in one to two years as the company grows and the current CFO retires. The successful candidate is a hands-on, detail-oriented leader who takes ownership, works independently, and balances employee needs with the company's financial interests. They will strengthen the company's HR, credit, collections, and accounts receivable functions and contribute to its continued growth. Bane Machinery describes its culture as small-company and family-oriented, emphasizing teamwork, accountability, initiative, and employees who take responsibility.

Requirements

Bachelor's degree in Finance or Accounting.
Strong working knowledge of HR administration and HR compliance.
Demonstrated experience in credit, collections, and accounts receivable.
Broad accounting and financial experience, with the business acumen to potentially advance to a CFO role in one to two years.
Previous experience supervising or leading Accounts Receivable personnel.
Strong collections experience and willingness to make collection calls and pursue outstanding balances.
Working knowledge of Texas private and public lien processes, including notices, filings, releases, and deadlines.
Strong organizational and time-management skills, exceptional attention to detail, and follow-through.
Ability to manage multiple priorities in a fast-paced, multi-location environment.
Proficiency with Microsoft Office, particularly Excel, and accounting software systems.
Excellent verbal and written communication skills.
Able to work independently, take ownership, and operate without extensive supervision.
Able to manage collections firmly, professionally, and persistently while building positive relationships and addressing difficult issues directly.
Leadership and coaching ability, with a collaborative approach to employees and management.
Hands-on, dependable, accountable, results-driven, and process-oriented, with a focus on continuous improvement.

Nice To Haves

MBA preferred, but not necessary.
Experience in the equipment, construction, industrial, manufacturing, or related industries.
Experience working in a multi-location organization.
Experience working directly with senior management on financial or operational matters.
Prior Controller or CFO experience is a plus.

Responsibilities

Lead onboarding activities, including new-hire documentation, paperwork, and employee record maintenance.
Oversee day-to-day HR administration and support management and branch operations.
Assist with payroll processing and related administrative functions.
Manage employee benefits administration, including annual health insurance renewals and open enrollment.
Coordinate with insurance brokers and employees regarding benefits and enrollment.
Maintain accurate and confidential personnel and benefits records and ensure HR practices and documentation comply with applicable requirements.
Serve as a resource to managers and employees on HR-related administrative matters.
Manage credit and collections activities across all four company locations, including collection calls and consistent follow-up on outstanding balances.
Monitor accounts receivable aging reports, address delinquent accounts, evaluate customer creditworthiness, and recommend credit limits and payment terms.
Resolve payment disputes and work with customers to facilitate timely payment while maintaining productive relationships.
Establish priorities and follow through to ensure outstanding balances are actively managed.
Supervise and support an Accounts Receivable staff member and oversee daily AR operations.
Ensure customer account records are accurate and current, and oversee timely payment application, account reconciliations, and account maintenance.
Evaluate and improve AR processes, procedures, and internal controls.
Manage preliminary notices, lien filings, lien releases, and related documentation; comply with applicable lien deadlines and requirements and maintain records that protect the company's lien rights.
Coordinate with internal teams, customers, and other representatives regarding lien-related matters.
Apply knowledge of Texas private and public lien requirements and deadlines.
Take on other responsibilities in general accounting, banking, insurance, and systems oversight as needed.