director of finance
Unclassified - Greenwich, CT
posted 4 months ago
About the position
Our growing Greenwich based client is seeking a Director of Finance to partner directly with the CFO. The Director of Finance will oversee all financial operations and offer strategic guidance to support informed decision-making. This role includes managing financial reporting, internal controls, and compliance with regulatory standards. The position will be onsite 5 days/week. The Director of Finance will play a crucial role in developing and implementing financial plans, budgets, forecasts, and models on a weekly, monthly, and annual basis. This includes highlighting budget and forecast shortfalls with detailed action plans to the CFO and CEO, analyzing financial data, and presenting accurate reports to senior management regularly. The Director will also offer insights and recommendations to optimize financial performance and mitigate risks, monitor key financial metrics for banking and private equity reporting, and assess financial impacts of business decisions to provide profitability and growth recommendations. In addition to financial planning and analysis, the Director of Finance will ensure compliance with accounting principles, regulatory requirements, and internal controls. This includes preparing and reviewing financial statements, tax returns, and other reports, meeting all deadlines, coordinating audits and examinations by external auditors, tax authorities, and regulatory agencies, and implementing and maintaining internal controls to safeguard assets and data integrity. The role also encompasses treasury and cash management responsibilities, where the Director will manage monthly cash flow, liquidity, and working capital, ensure accuracy of accounts payable/accounts receivable functions, and assist in banking relationships and debt financing activities. Furthermore, the Director of Finance will oversee payroll processing for accuracy and compliance, ensuring the accuracy of vacation, holiday, and sick entries, and managing relationships with external vendors for payroll processing and benefits administration.
Responsibilities
- Develop and implement financial plans, budgets, forecasts, and models on a weekly, monthly, and annual basis.
- Highlight budget and forecast shortfalls with detailed action plans to CFO and CEO.
- Analyze financial data and present accurate reports to senior management regularly.
- Offer insights and recommendations to optimize financial performance and mitigate risks.
- Monitor key financial metrics for banking and PE reporting.
- Assess financial impacts of business decisions and provide profitability and growth recommendations.
- Ensure compliance with accounting principles, regulatory requirements, and internal controls.
- Prepare and review financial statements, tax returns, and other reports, meeting all deadlines.
- Coordinate audits and examinations by external auditors, tax authorities, and regulatory agencies.
- Implement and maintain internal controls to safeguard assets and data integrity.
- Manage monthly cash flow, liquidity, and working capital.
- Ensure accuracy of AP/AR functions and manage finance team members to meet goals.
- Assist in banking relationships and debt financing activities.
- Reconcile and report monthly on banking, credit cards, and lines of credit.
- Oversee payroll processing for accuracy and compliance.
- Ensure accuracy of vacation, holiday, and sick entries.
- Manage relationships with external vendors for payroll processing and benefits administration.
Requirements
- BS in Accounting strongly preferred.
- 10+ years of experience.
- Proven experience as director of finance or similar role.
- In-depth knowledge of corporate finance and accounting.
- Solid knowledge of financial analysis and forecasting.
- Proficient in QuickBooks Manufacturing.
- Solid communication and interpersonal skills.
Benefits
- Comprehensive benefits package including health insurance.
- Incentive and recognition program.
- 401K contribution.
