Chief Financial Officer

Power Curbers Companies   Salisbury, NC   Full-time     Finance
Posted on April 14, 2024

POSITION: Chief Financial Officer 
REPORTS TO: President and Chief Executive Officer (CEO), Stephen Bullock
DIRECT REPORTS: Staff Accountant, Accounts Payable/Accounts Receivable Clerk, Human Resources Manager (part-time).

Based in Salisbury, North Carolina, and reporting directly to Stephen Bullock, President and Chief Executive Officer, the Chief Financial Officer will be a key member of the leadership team and have primary day-to-day operations for planning, implementing, managing, and controlling all financial-related activities of the Company. He/she will lead a small finance and accounting team and have direct responsibility for accounting, finance, human resources, legal, information technology, and insurance. 

Core Responsibilities 
• Work with the CEO and provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives. 
• Direct and oversee all aspects of the Finance and Accounting functions of the organization. 
• Ensure credibility of the finance group by providing timely and accurate analysis of budgets, financial trends, and forecasts.  
• Oversee the consolidation and preparation of the monthly financial reporting package for distribution to senior management, company ownership, and financial partners. 
• Lead and take a hands-on position in developing, implementing, and maintaining a comprehensive costing system for all products. 
• Oversee preparation of month-end, quarter-end, and year-end financial statements. 
• Establish and maintain strong relationships with company leadership to identify their needs and seek the full range of business solutions. 
• Provide recommendations to strategically enhance financial performance and business opportunities including improving the way Power Curbers operates in accounting, finance, HR, purchasing and IT. 
• Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting (income tax, sales tax, employment tax, etc.). 
• Track and manage actual vs. budget for labor, equipment, inventory, and materials for job costing and controllables. 
• Oversee all payroll activity for staff and participants. 
• Ensure adequate cash flow to meet the organization's needs. 
• Frequently review cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals. 
• Work closely with IT partner (outsourced) to ensure data integrity and provide the required data to operations to effectively run the business. 
• Oversee risk and business insurance plans and health care coverage analysis. 

The successful candidate will have a proven track record of leading a finance and accounting organization preferably for a manufacturing company while being a strong communicator with excellent interpersonal skills. The ideal candidate should possess the following experience, knowledge, and technical skills: 

• Experience: a minimum of five years of broad financial management and leadership experience in a manufacturing company; ideally has been a CFO of manufacturing company who has implemented continuous improvement and successful lean initiatives; may already occupy the #1 financial slot within her/his company or may be a strong #2 depending on the size of the organization; proficiency with inventory management is a plus; will be a strategic thinker who can adapt to a rapidly changing and growing environment. 

• Strong Business Acumen and Analytical Skills: financial acumen and significant analytical skills; will be proficient in cash flow and sales forecasting, financial modeling and developing information reporting tools; strong budgeting, tax knowledge, and capital management skills. 

• Solid Cost Accounting and Financial Reporting Skills: will have a thorough understanding of GAAP accounting; will have demonstrated an intuitive sense about costs and working capital; will be capable of developing and delivering timely financial metrics for executive management to use in running the business. 

• An Innovative, Strategic and Operational Mindset: must have a high business curiosity; will be interested in and involved with operational issues and how they affect the financial function; will be able to meaningfully participate in developing strategies and goals to support a growth plan; will bring rational, objective judgment to bear on tough issues and decisions; ability to identify most relevant KPIs and actively monitor/manage the business in line with achievable goals; will have developed a best practices “toolkit” and manage the creation and development of metrics to enable and enhance functional stewardship of managing budgets and investment in strategic and operational initiatives that drive the business forward. 

• Excellent Leadership, Managerial and Communication Skills: must have the propensity to take responsibility, move forward, and encourage others to share the vision; will possess the qualities that inspire confidence and trust; must have a strong drive to “win”, a desire to take the organization to the next level and be able to effect organizational change; an honest and transparent communicator who holds their team accountable; will possess excellent oral and written communication skills. 

• Roll-Up-The-Sleeves Style: a person who enjoys an entrepreneurial family/atmosphere and a strong sense of urgency; will have a spirit of pitching in to get the job done and be comfortable in an environment with lean staffing; must understand the need to wear a number of hats during periods of growth and change. 

? Comfort Level with Information Technology: will use technology to improve access to information needed to run the business and utilize systems to improve processes, eliminate errors and reduce administrative costs.  Experience with Sage products is a plus. 

• Solid Interpersonal Skills: a team builder who possess a service mindset; cultural sensitivity skills; the ability to get along with people at all levels (from the hourly workers to the management team) of the organization; be able to motivate and rally the troops around a central goal and process.

• Educational Credentials: a degree from an accredited four-year college; a CPA and/or MBA would be a plus but not a must. 

COMPENSATION: The Chief Financial Officer will receive an attractive compensation package including base salary, annual bonus, and a long-term incentive plan.