Commercial Finance Director

Leadership and Support•Carlisle, PA

30d

About The Position

Is to direct the company’s Finance activities Is to ensure strong internal controls exist in all finance processes Is to support the overall goals and expectations of the Finance & Accounting Department. Company Expectations Flexibility Works the hours needed to support the business goals (including weekends and holidays). Remains open-minded, performs a wide variety of job tasks, transitions from task to task effectively (multi-task). Reliability Always present and punctual; arrives prepared for work. Completes work in a timely, accurate and consistent manner. Attitude Maintains a “Whatever it Takes” attitude. Lives by company values and inspires others. Willingness to learn Approaches new tasks with an interest to learn. Has the ability to learn techniques as job task requirements change. Initiative Seeks out additional work when job tasks are completed. Goes above and beyond required tasks. Quality of Work Maintains high standards despite pressing deadlines. Produces accurate, thorough and professional work. Understands the importance of “Only Handle It Once – OHIO”, by completing work correctly the first time. Follows directions Follows all written and verbal instructions provided by management, project leader, etc… Communication Shares all information in a professional and factual manner ensuring the best decisions are made for the company. Appearance Maintains an appropriate appearance and dresses in accordance with the established dress code guidelines to your respective position. Safety Follows all rules and practices. Informs supervisor immediately if unsafe conduct or conditions arise. Values and Business Practices Customer First We treat employees with respect and dignity We operate with high business ethics We don’t lie, steal or cheat to make a living We are a good corporate citizen We value our professional relationships We strive to have a “Continuous Improvement Culture” Non-negotiable Safety Attitude towards customers Continued underperformance

Requirements

Bachelors Degree in Finance or Accounting
Knowledge of corporate capital structure, the banking system and debt instruments to finance company activities
Risk management knowledge including familiarity with insurance policies including premium based and self funded programs
Experience with forecasting, reporting and accounting systems
The ability to perform complex financial calculations and analysis
Comprehensive understanding of accounting principles and practices

Responsibilities

Direct all aspects of debt matters, including borrowings, payments, interest rate swaps and credit agreements
Act as the primary contact with the company’s financial institutions, respond to questions and information requests
Track and monitor all loans regarding maturity, interest rates, interest/principal payments, amortization, etc.
Make debt covenant projections, provide input on distribution decisions, and prepare and submit quarterly bank compliance documents
Obtain letters of credits when needed, and maintain list of LOC’s with renewal dates. Work with third parties to secure release when possible
Obtain, renew and terminate surety bonds as required
Monitor investment performance and provide guidance on the investment strategy
Review and approve long-term debt account reconciliations
Provide oversight of banking and cash management activities utilizing the online banking application (FNB-Online)
Supervise treasury analyst, and ensure backup coverage during absences
Review and approve ACH and wire payments, as well as banking exceptions
Follow up and investigate any suspected fraudulent transactions
Manage timely completion of monthly cash flow statements, and make cash projections to ensure available liquidity
Maintain a report of capital investments and forecast the capital needed to fund stated investments
Oversee the company credit card program (in eZBusiness application), approve card requests and set credit limits.
Act as lead administrator for the company’s financial forecasting and reporting application (Workday Adaptive Planning)
Maintain the structure, levels, accounts, versions, cubes, assumptions, sheets, reports, etc. in support of meaningful financial reporting for management
Manage the quarterly forecasting cycles to ensure updates are completed, analyzed, reviewed and approved
Provide financial analysis of the business as needed
Mange the company’s insurance policies and programs, including Raffles commercial insurance (GL, Auto, WC), EPIC property, and ancillary polices such as motor truck cargo, warehouse legal liability, storage tank, crime, cyber-liability, EPL and other coverages as needed
Ensure continuous coverage, provide information required for renewals and periodically evaluate coverage levels
Promptly respond to all insurance audit requests
Review and approve premium and other insurance invoices
Oversee fulfilment of COI requests
Oversee capex accounting and the company’s fixed asset system (BNA), including proper coding of AP invoices until this function is transitioned to the accounting manager
Handle accounting related to cost-plus customer contracts
Lead set-up of accounting structure in the company’s new HRIS system (Paylocity), and manage payroll entries, labor allocations and bonus accruals until transitioned to the accounting manager
Collaborate with the accounting function on journal entries, schedules, reviews, reconciliations and other tasks in support of the monthy, quarterly and annual close processes
Serve as a member of 401K fiduciary committee, and provide support to benefits manager as needed
Work with HR team to monitor self-funded medical plans, evaluate plan changes and make recommendations to maximize cost effectiveness
File business personal property tax and other non-payroll tax returns, oversee sales tax returns and ensure timely payment and administration of real estate property taxes
Manage all financial aspects of warehouse leases, including preparation of lease payment schedules, and evaluation and processing operating expense reconciliations