Vice President Of Finance

Frankston PackagingTyler, TX
1dOnsite

About The Position

Frankston Packaging Company, LLC is a private equity-backed multi-site label, carton, and RFID manufacturer seeking a hands-on Vice President of Finance to lead all financial operations. This is not a traditional “big company” CFO role—the ideal candidate will be equally comfortable presenting to the Board of Directors and rolling up their sleeves to post journal entries, manage vendor negotiations, and troubleshoot ERP issues. Reporting directly to the CEO, this position serves as the primary financial leader across multiple operating entities in Texas and Virginia. The VP of Finance will lead a small accounting team and be expected to drive continuous improvements in financial reporting accuracy, cash flow management, and lender compliance. WHY THIS ROLE IS DIFFERENT This is a working VP of Finance position where you will take ownership of daily cash management, lender relationships, and month-end close processes while simultaneously building toward a scalable finance function. You will be the primary point of contact for our asset-based lender and will manage weekly borrowing base certificates, cash forecasts, and covenant compliance. The company operates across multiple ERP systems (NetSuite for GL, ASI for Frankston production, Label Tracks for Tyler and Virginia), which creates complexity in financial consolidation and inventory valuation. The successful candidate will have experience navigating multi-system environments and driving process improvements to streamline reporting.

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field required; CPA is a huge plus
  • Minimum 12 years of progressive accounting and finance experience, with at least 5 years in a leadership role
  • Manufacturing industry experience required; label, packaging, or printing industry experience strongly preferred
  • Private equity portfolio company experience highly desirable; understanding of PE reporting requirements, KPIs, and value creation initiatives
  • Hands-on experience with asset-based lending facilities, borrowing base management, and lender covenant compliance
  • Deep expertise in GAAP, cost accounting, inventory valuation methods (gross profit method), and financial statement preparation
  • Proficiency in NetSuite required; experience with multi-ERP environments a plus
  • Advanced Excel skills required; ability to build and maintain complex financial models
  • Must be willing to work on-site in Frankston, TX with occasional travel to Tyler, TX and Virginia locations

Responsibilities

  • Cash and Treasury Management
  • Own daily cash positioning and 13-week rolling cash forecasting; manage liquidity to meet operational needs and covenant requirements
  • Prepare and submit weekly borrowing base certificates to lender; manage infusion requests and credit facility draws
  • Lead vendor payment prioritization in coordination with AP; negotiate payment terms with critical suppliers
  • Manage banking relationships including account administration, check signers, wire transfers, and ACH payments
  • Oversee credit and collections processes; monitor AR aging and work with sales team on customer payment issues
  • Financial Reporting and Month-End Close
  • Lead timely and accurate month-end close across all entities; target close within 10 business days
  • Oversee inventory valuation; coordinate physical counts and perpetual system reconciliation
  • Prepare consolidated financial statements and reporting packages; present monthly results to PE sponsor and Board
  • Drive bank reconciliation accuracy; implement controls to ensure GL-to-bank tie-out on weekly basis
  • Manage external audit process and periodic lender field exams; ensure timely response to sample requests
  • Ensure balance sheet account reconciliations are completed monthly; review and approve all journal entries
  • Maintain compliance with GAAP; research and implement new accounting standards as required
  • Budgeting, Forecasting and Analysis
  • Lead annual budget process; develop plant-level and consolidated financial plans with operational leadership
  • Provide monthly EBITDA forecasting and variance analysis; identify drivers of performance versus plan
  • Partner with plant managers to analyze product margins, production efficiency, and cost reduction opportunities
  • Develop and maintain financial models to support strategic decision-making and Board presentations
  • Prepare capital expenditure analysis and ROI calculations; support investment decisions with financial modeling
  • Monitor key performance indicators (KPIs) and develop dashboards to track operational and financial metrics
  • Cost Accounting and Inventory Management
  • Oversee cost accounting function including standard costing, variance analysis, and product profitability
  • Manage inventory valuation across multiple locations; ensure accurate COGS recognition
  • Analyze manufacturing variances including material, labor, and overhead; partner with operations on corrective actions
  • Support pricing decisions with margin analysis and competitive intelligence
  • Tax, Compliance and Risk Management
  • Coordinate with external tax advisors on federal, state, and local tax compliance and planning
  • Oversee sales and use tax compliance across multiple jurisdictions
  • Manage property tax filings and assessments; coordinate with external advisors on appeals when appropriate
  • Ensure adequate insurance coverage; manage relationships with brokers and carriers
  • Maintain corporate entity compliance including registered agent filings, annual reports, and good standing
  • Team Leadership and Process Improvement
  • Directly supervise accounting team including Controller, Accounting Manager, Billing Clerk and Cash Management staff
  • Recruit, train, and develop finance team members; conduct performance reviews and set goals
  • Drive implementation of system integrations (e.g., payroll-to-GL integration) to reduce manual processes
  • Identify and implement internal control improvements; document policies and procedures
  • Evaluate and recommend ERP enhancements, automation tools, and process improvements
  • Cross-train with HR, IT, and Operations to support business growth initiatives including expanding RFID capabilities
  • Strategic Partnership
  • Serve as a strategic business partner to the CEO and executive leadership team
  • Participate in strategic planning and provide financial perspective on key business decisions
  • Support M&A activities including due diligence, integration planning, and synergy tracking
  • Communicate financial results and insights to stakeholders in clear, actionable terms
  • Drive accountability across the organization by establishing financial metrics and reporting cadences

Benefits

  • Competitive base salary commensurate with experience
  • Performance-based annual bonus opportunity
  • Equity participation (management incentive plan)
  • Comprehensive health, dental, and vision insurance
  • 401(k) retirement plan
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