Director of Accounting & Finance
Full Time
Brownsville, TX 78520
Posted
Job description
Job Summary:
The Director of Accounting & Finance will direct and oversee the financial activities of the companies, direct the preparation of current financial reports and summaries, create forecasts predicting future growth, and ensure the proper utilization of the companies’ financial resources.
Objectives:
The Director of Accounting & Finance will direct and oversee the financial activities of the companies, direct the preparation of current financial reports and summaries, create forecasts predicting future growth, and ensure the proper utilization of the companies’ financial resources.
Objectives:
- Reduce costs
- Improve internal controls and processes
- Improve capital management
- Support expansion goals
- Supports Sales growth
Supervisory Responsibilities:
- Oversees Accounting department, budget preparation, and audit functions.
- Works with other department heads to support each department and institute improvement initiatives.
- Manages the accounting staff who are responsible for financial reporting, AP, AR, repairs & maintenance, cost analysis, cash flow management, and budget preparation.
- Recruits and hires accounting and financial staff and conducts performance evaluations.
- Coordinates training programs for new staff and identifies training needs for current staff.
- Manages cash flow and capital expenditures
Duties/Responsibilities:
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, cash flow, tax returns, and governmental agency reports.
- Ensures compliance with accounting procedures through observation, supervision, and testing.
- Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Directs the planning process and suggests improvements to current methods.
- Work with the ownership group and other executives to coordinate planning and establish priorities for the planning process.
- Analyzes operations to identify areas in need of improvement and supports strategic initiatives from an accounting & finance perspective.
- Presents recommendations to management on short- and long-term financial objectives and policies.
- Helps bridge activities between operations and accounting & finance to support the achievement of the overall strategy.
- Supports operations by managing vendor relationships, purchasing process and repairs & maintenance work.
- Institutes cost saving measures.
- Maintain all records for the business in an organized manner and easily accessible.
- Maintain Control over all Insurance, Permits, and Licenses
- Responsible for tax planning throughout the fiscal year; works with the accounting firm to timely file annual tax returns.
- Audits accounts to ensure compliance with state and federal regulations; coordinates with outside auditors and provides needed information for the annual external audit.
- Provides financial analysis with an emphasis on capital investments, pricing decisions, and contract negotiations.
- Ensures compliance with local, state, and federal government requirements.
- Oversees capital assets projects, ensuring organization's goals are being met.
- Identifies opportunities for expansion into new product or market areas.
- Oversees investment of funds and manages the procurement and use of capital required for expansion.
Required Skills/Abilities:
- Excellent management and supervisory skills.
- Excellent analytical and organizational skills.
- Proficient in database and accounting computer application systems.
- Excellent written and verbal communication skills.
Education and Experience:
- Masters degree in Business Administration, Accounting, or Finance.
- Certified Public Accountant designation preferred.
- Five to ten years of experience in financial management required.
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