As a member of the Senior Management team, the Financial Director directs the accounting and financial activities of the organization, and prepares financial analysis of operations. The Finance Director is responsible for the company’s financial plans and policies, its accounting practices, closing the books and the preparation of financial reports both internal and towards HQ. The position involves supervision over general accounting, accounts payable, payroll, accounts receivable, credit and collections, inventory, cost accounting and forecasting/budgeting, pricing and business profitability management. As well as monthly, quarterly and yearly reporting to HQ, forecasting and budgeting are key activities.
Roles/Responsibilities:
• Interface with North America CFO and Group CFO and legal department on all liability, insurance and legal issues.
• Conduct financial analysis to support decision-making, including profitability analysis, cost analysis, and forecasting. Provide insights into financial trends and key performance indicators.
• Responsible for monthly closings and preparation of monthly, quarterly, and year-end financial statements for Piovan Corporate reporting within established reporting deadlines.
• Responsible for the preparation of supporting schedules and reconciliations of all financial statement accounts including all bank accounts and intercompany accounts as required by Piovan Corporate.
• Prepare reports which summarize and forecast company business activity and financial position in areas of income, expenses, earnings and cash flow based on past, present, and expected operations for use by divisional management and Corporate.
• Maintains the company’s accounting system and keeps books and records on all company transactions and assets in accordance with Corporate policies and local government regulations. Ensuring compliance with financial and tax regulations and reporting requirements. (GAAP, IFRS).
• Manage and supervise all accounting functions (i.e. accounts payable, receivables, credit & collections, customer service, cost accounting, inventory costs).
• Monitor the Accounts Receivable Aging Reports and oversee credit approval and all collection activity consistent with company procedures. Approve any customer placed for collection.
• Monitor the inventory balances and processes. Provide oversight of purchasing, receiving and shipping activity. Identify slow moving and obsolete stock. Responsible for the accuracy of the perpetual inventory records and costing. Monitor the Inventory Control procedures. Approve the deposition of damaged and/or obsolete inventory.
• Responsible for the accurate and timely preparation of reserve and accrual account analysis to support account balances including but not limited to bad debt reserve, inventory reserve, warranty accrual, rebate accrual, payroll accruals.
• Responsible for the accurate and timely preparation of sales and order data for sales/order reporting programs such as order reporting and key account sales programs.
• Coordinate and direct the preparation of the Una-Dyn annual budget and monthly financial forecasts. Analyze monthly budget and forecast variances. Provide explanations of budget/forecast variances to provide useful information and reports to management and Corporate.
Qualifications:
UnaDyn is an Equal Opportunity Employer (EOE) and offers employment opportunities to all qualified persons regardless of race, color, religion, sex, age, national origin or ancestry, physical or mental disability (except where physical or mental abilities are a bona fide occupational requirement), veteran status, marital status, familial status, sexual orientation, HIV-positive status, possession of the sickle cell trait, genetic characteristics, political views, and any other basis protected by federal, state or local laws.