BMF - Bober Markey Fedorovich hiring Director of Finance in Brecksville, OH | LinkedIn (2024)

A client of BMF, a premier growing branded food business in Ohio with sophisticated investor backing, is seeking a Director of Finance. The Director of Finance role is responsible for executing and overseeing the financial management, planning, and analysis of the organization, under the direction of the CFO. The Director of Finance plays a critical role within the business to ensure the accuracy and integrity of financial data. In this role the Director of Finance will work closely with the executive team to drive financial strategy, maximize profitability, and ensure the company's financial health and sustainability. This role offers a path for professional growth and development, with potential to advance to executive positions such as CFO.

Key Responsibilities:

• Financial Reporting and Analysis:
• Oversee the preparation of accurate and timely monthly, quarterly and annual financial statements in accordance with generally accepted accounting principles (GAAP).
• Conduct in-depth financial analysis to support strategic decision-making aligned with the Company’s objectives and make recommendations for improvements.
• Present financial reports to senior management and other stakeholders.
• Implement financial systems and tools to streamline processes and enhance data accuracy, where needed.
• Budgeting and Forecasting:
• Prepare financial forecasts and projections to guide the Company's financial planning.
• Monitor and analyze budget performance.
• Internal Controls and Compliance:
• Establish and maintain robust internal controls to safeguard company assets.
• Develop and implement improvements to financial processes and controls, as needed.
• Manage the annual financial statement compliance requirements in coordination with external CPA firm.
• Capital Management:
• Monitor and optimize cash flow (working capital) to support day-to-day operations and long-term financial stability.
• Monitor and manage banking and other financing relationships including evaluation of financing options for capital projects and growth initiatives.
• Team Leadership and Development:
• Lead, mentor, and develop a high-performing finance and accounting team.
• Foster a culture of accountability, professionalism, and continuous improvement.
• Risk Management and Compliance:
• Identify financial risks and develop strategies to mitigate them.
• Monitor insurance coverage and assess risk exposure.
• Ensure compliance with all financial and accounting regulations, standards, and reporting requirements.
• Develop and execute tax strategies that optimize the company’s tax position while ensuring compliance with tax law.
• Cost Control and Cost Analysis:
• Collaborate with operational teams to analyze and control production costs.
• Identify cost-saving opportunities and process improvements.
• Human Resources and Payroll:
• Oversight of human resources function including benefits acquisition, administration, and payroll.
• Supervision of production payroll, workers compensation, FMLA, COBRA, and ACA.
• Mergers and Acquisitions (M&A):
• Participate in financial due diligence for potential mergers, acquisitions, or divestitures.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; MBA, CPA or CMA certification preferred.
• 7-10 years of progressive experience in public accounting or financial management, including prior experience as a controller or finance manager in retail and ecommerce (consumer packaged goods).
• Experience in financial strategy development, budgeting, forecasting, and financial analysis.
• Strategic thinker with ability to translate financial data into actionable insights.
• Strong knowledge of accounting principles, financial regulations, compliance and best practices.
• Proficiency in financial software and ERP systems.
• Excellent communication and leadership abilities with proven experience in developing and motivating a high-performing team.
• Detail-oriented with a commitment to accuracy.

The Director of Finance plays a vital role in shaping the financial direction and success of our Company, which continues to expand its market share. If you possess the necessary qualifications and are ready to lead a dynamic finance team, we encourage you to apply for this challenging and rewarding position.

This company is an equal opportunity employer. They celebrate diversity and are committed to creating an inclusive environment for all employees.