Job Purpose:
The VP of Finance & Administration position is accountable for the administrative, financial, and risk management operations of the company. Areas of focus include the development and continuous improvement of a financial and operational strategy, metrics tied to that strategy, and control systems designed to preserve company assets and report accurate financial results.
Key Accountabilities:
Financial Planning
- Support and direct strategic initiatives to maximize business / shareholder value
- Monitor and direct the implementation of strategic business plans and annual budget plans
- Develop financial and tax strategies
- Manage the operational and capital budgeting processes
- Develop KPI’s that support the company's strategic direction and guide the management team to execute the business plan
Financial / Legal / IT Operations
- Compile and issue monthly and annual financial statements
- Support executive team and board of directors with timely, accurate, relevant financial data and analysis
- Participate in key decisions as a member of the executive team
- Maintain collaborative relations with all members of the management team
- Lead and manage the accounting, human resources, IT, legal, tax, and treasury departments
- Primary contact for third-party vendors in banking, legal services, accounting, insurance, and IT
- Oversee the company's transaction processing systems
- Manage all third-party providers for: tax accounting, legal services, insurance, 401K plans, other outsourced activities
- Oversee employee benefit plans
- Review and approve all IT systems investments and service contracts; support and direct for all IT system acquisition and implementation projects
- Supervise due diligence and participate in negotiations related to any mergers and acquisitions
Risk Management
- Maintain appropriate insurance coverage
- Manage any asserted or unasserted claims
- Monitor all open legal issues involving the company and coordinate with legal counsel relating to financial and corporate governance compliance and risk assessment matters
- Implement and monitor reliable internal control systems
- Ensure that record keeping meets the requirements of auditors and government agencies
- Maintain relations with external auditors and investigate any findings and recommendations
Legal Compliance
- Ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting
Critical Partnerships:
- Executive team and board of directors: Collaborative operating relationships to ensure sharing of meaningful information and sound decision making
- Management team and staff: Collaborative operating relationships to ensure sharing of meaningful information and sound decision making
- Financial institutions: Depository and lending relationships
- CPA firm and other financial consultants: Third-party financial reporting, tax compliance, and financial consulting
- Legal counsel: Maintenance of corporate books and records, trademark and patent registrations and compliance; manage and advise on legal claims, contracts and agreements, other legal matters
- Insurance agency: Assessing coverages, limits, and costs of insurance policies; managing submitted claims
- Employee benefits administrators: Collaborate in assessing features and costs of group benefit plans
- Network administrators and IT consultants: Assess IT needs and propose relevant / effective solutions for maintaining system integrity and high level of server and internet functionality.
Skills:
General
- Strategic thinker / effective problem solver
- Strong leadership and organizational skills
- Effective oral and written communication
- Effective interpersonal skills
- Ability to interpret and clearly translate complex financial data into effective / business relevant / understandable operating plans and management guidance
Technical
- Knowledge of corporate financial practices and requirements (GAAP, state/federal/local tax compliance, cash flow projections, bank reporting)
- Knowledge of risk management practices
- Knowledge of data analysis and forecasting methods
- Proficient use of MS Office and financial management software applications
Competencies:
- Financial management and business acumen
- Clear, effective communication skills
- Ethical conduct
- Servant leadership
- Performance management
- Personal effectiveness and accountability
- Problem solving and analytic skills
- Strategic thinking
Knowledge:
- Broad understanding of business operations
- Generally Accepted Accounting Principles
- Local, state and federal tax reporting requirements
- General office software, particularly the Microsoft Office Suite
- ERP, shop floor control, warehouse management, budget, and cloud storage software systems
Personal Attributes:
- Strong interpersonal skills
- Ability to communicate and manage at all levels of the company as well as with external vendors and customers
- Strong problem solving and creative skills
- Data driven decision maker with the ability to exercise sound judgment
- High level of integrity and dependability with a strong sense of urgency and results-orientation
- Empathetic leader / manager / coach
Education / Qualifications:
- Bachelor’s degree in accounting or business administration or related area
- Certified Public Accountant or Certified Management Accountant designations preferred
Location:
- GEAR AID HQ, Bellingham, WA
If you have any questions about this job opportunity, please contact jobs@gearaid.com.