Vice President Of Finance

Position Overview Silverman Consulting is partnering with one of the nation’s leading die cast manufacturers supplying automotive and non‑automotive alike for a Vice President of Finance. The company places tremendous significance on employing individuals with strong integrity and character that provide solutions to the challenges of a company in transition and growth mode. We are looking for an experienced, innovative and strategically minded Vice President of Finance. Working as an active member of the Executive Management Team the successful candidate will be instrumental in helping to craft and execute the company’s future strategic direction. The Vice President of Finance is the key financial leader for the company with significant responsibility in developing corporate strategy with the President/CEO and executive team as well as executing and monitoring the stated objectives and strategies. The successful candidate must be able to maintain an entrepreneurial mind‑set to think at a high level for strategic development purposes as well as be able to manage the details of execution and management. Critical to success to this role will be an ability to create an energetic, positive environment for others to do their best work. The VP of Finance manages the corporate functions of Finance and Accounting. The VP of Finance will work with the entire executive team on all strategic and tactical matters with leadership responsibilities as they relate to GAAP, accounting functions, budget management, cost‑benefit analysis and forecasting. The VP of Finance will direct the administrative and strategic affairs of the organization related to all financial activities, and will recommend to management major financial objectives, policies and opportunities. The VP of Finance prepares or directs preparation of reports, which summarize and forecast business activity and the company’s financial position in areas of income, expenses, earnings and cash flow based on past, present, and expected operations. The position requires active participation in developing overall business strategies to build the future of the business. The VP of Finance will be an integral part of the executive management team and will actively participate in the future visioning of the company as it grows both organically and strategically. Skill Areas Positivity / Engaging Presence Proactivity Manufacturing / Operations Finance Business Forecasting Business Intelligence Tools GAAP Accounting Strategic Planning Contract Negotiations Superior Time Management Responsibilities Overall corporate financial planning, analysis and reporting to assure control of corporate assets. Budgeting: Lead the process of developing and approval of the annual budget. Annual budget to be complete and approved by December 15th of the prior FY (fiscal year end is December 31). Analyzes and interprets financial and operational information on the company's performance, including long‑term trends. Makes recommendations concerning management decisions, resource allocation and business operations to improve company financial performance. Work together with the VP of Operations to determine continuous operating improvement initiatives and provide financial and cost analysis planning, control, and reporting systems to support this effort. , Distributions & Reporting Responsible for Accounting Department functions of Accounts Payable, Accounts Receivable, Payroll, Cost, General Accounting and ERP database coordination. Supervises the process of closing the books by the 15th of the following month‑end. Accounting and analysis to other departments to ensure optimal return on assets. This will include profitability (Variable Contribution Margin analyses) reporting by Product Group, SKU and customer. Presents monthly and YTD variances (to budget and prior year) to management by the 20th day of the following month. Presents weekly and monthly dashboards to executive team and department heads to assist in making timely decisions. Manages financial reporting to the company’s lenders and manages the administration of the Shareholders’ tax distribution and dividend policies and payments. Organizes and presents monthly financial performance of the corporation to ownership and the Board. Coordinates outside financial (e.g. review/audit and tax and banking) and legal services required by the company in its business activities. Ensure company accounting procedures conform to GAAP. Lending Relationship Manages the lending relationship by maintaining constant communication and necessary reporting such as covenant compliance certificates and Borrowing Base Certificates. Address any lending issues to negotiate favorable terms for the company. Directs the company’s risk management programs and systems to safeguard corporate assets, assures property and liability risks are appropriately insured and legal/contractual relationships do not leave the company with undue risk. Information Technology Works closely with the company’s IT personnel to ensure financial and operating information is readily available and relevant for reporting purposes. Enhance and/or develop, implement, and enforce policies and procedures by way of the company’s business intelligence tools and systems that will improve the overall effectiveness and operation of the company. Requirements A Bachelor’s Degree in Finance or Accounting designation is required; an MBA and CPA designation is preferred. Experience working for a privately held or family business. Minimum of ten years of experience in senior‑level finance or accounting positions with the day‑to‑day financial operations of an organization of at least $20M in annual sales. Proven creative problem solving skills. Knowledge of contracting, negotiating, and financial management. Proven ability in finance, accounting, budgeting, and cost control principles including GAAP. Knowledge of automated financial and accounting reporting systems; CLI a plus. Ability to analyze financial data and prepare financial reports, statements, and projections. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in a team environment and facilitate group meetings. Highly focused, organized, analytical thinker who initiates as opposed to reacts. Successful experience with financial management of labor and operational planning costs. Demonstrated degree of passion and energy with laser focus on execution and results. Strong work ethic; e.g. “roll‑up your sleeves” leader. Proven “take‑charge” record of accomplishment. Displays stamina, energy and is committed to personal growth and development for self and others. Direct experience evaluating and building strong Finance and Accounting teams. Forecasting, budgeting and management of banking relationships. Experience and ability to accurately close the books within 15 to 20 calendar days of month‑end. Experience in developing financial models and demand forecasting processes. Experience with ERP systems and integrating reporting. Experience within the manufacturing and die‑casting industries is preferable. Location / Travel Madison, WI based (Corporate Headquarters) Travel is minimal/limited Job Details Seniority level: Executive Employment type: Full‑time Job function: Finance and Sales Industries: Business Consulting and Services #J-18808-Ljbffr Silverman Consulting