Chief Financial Officer (CFO)

Plymouth Industries, IncPlymouth, MN
22h

About The Position

The position of Chief Financial Officer (CFO) is responsible for the development, preparation, analysis, interpretation and/or maintenance of accounting records, government and tax reports, statistics, financial reports, and administration of accounting policies and procedures utilizing GAAP at all the operating companies as well as at the consolidated level. This position organizes, directs, and coordinates activities involved in executing the short and long-term planning and development strategies of Plymouth Industries, Inc.

Requirements

  • Bachelor's degree, in accounting and ten (10) years related experience and/or training, or equivalent combination of education and experience in a manufacturing environment.
  • Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.
  • Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to write speeches and articles for publication that conform to prescribed style and format.
  • Ability to effectively communicate information to top management, public groups, and /or board of directors.
  • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations.
  • Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.
  • Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
  • Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases.
  • Ability to deal with a variety of abstract and concrete variables.

Nice To Haves

  • MBA, CPA and/or CMA highly desirable.
  • Knowledge of AI and Ecommerce a plus.

Responsibilities

  • Responsible for the general and cost accounting functions of Plymouth Industries et al and the preparation and analysis of reports and statistics reflecting costs, earnings, profits, cash management and other related financial results.
  • Responsible for review of financial and statistical reports and analyzes unusual items on financial or control reports. Makes recommendations to reduce costs and improve profits.
  • Action oriented management of working capital drivers.
  • Investigate, create, implement, and monitor overall plans, strategies and objectives for the finance function within Plymouth Industries. Directly supervise Controller of Plymouth Industries, Inc.
  • Develop for the approval by the President, accounting standards, policies, and procedures to assure acceptable accounting practices, adequate internal controls, and compliance with statutes and regulations issued by local, state, and federal governments.
  • Recommends modifications in chart of accounts, cost systems, and other practices to meet the plant's needs and the needs of the Company.
  • Ensures the proper maintenance of the general ledger, cost accounting, information systems, payroll, preparation of the plant's financial and other control reports.
  • Responsible for the accurate and timely completion of inventory, governmental and other reports, as required.
  • Responsible for the proper handling of all expenditures and documents, to include capital and other expenditures.
  • Exercises accounting control to ensure that budgeted capital and expense expenditures do not exceed amounts authorized.
  • Monitor the levels of raw material, finished goods, and work in-process inventories. Develops action plans regarding inventory, accounts receivables, and accounts payable.
  • Provide direction, analysis and advise to the President, direct report, and other operating management on accounting/finance matters, on interpretation and use of related reports, etc.
  • Prepare the Company's annual Profit Plan.
  • Work closely with the President and other senior managers to develop short and long-term strategic objectives and initiatives.
  • In conjunction with an acquisition team, conduct effective due diligence, industry analysis, analyzes balance sheets, cash flows, and income statements to identify problems of goodwill, unfunded pension liabilities, off-balance sheet financing, undisclosed liabilities, inventory valuation, etc. Develops pro-forma analysis as required on acquisition candidates.
  • Review, critique, edit, revise and approve all significant company contracts and legal agreements.
  • Maintain, monitor and administer company-wide delegation of authority policy and delegation of authority schedule.
  • Be involved in special assignments as directed by the President.
  • Adheres to the Company Core Values: Performance Driven, Quality in All We Do, Act with Integrity and Professionalism, Collaborative Continuous Improvement, Be Safe, and Impress the Customer
  • Adheres to the Company CARE Initiative: Commitment, Accountability, Responsiveness, Effort, as well as the Company safety policies.

Benefits

  • Profit sharing
  • Flexible schedules
  • Family health benefits
  • Career development and training
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