Vice President of Finance and HR

Full Time
Fairfax, VT
Posted
Job description

Client: Runamok

Website: runamokmaple.com

Position: Vice President of Finance and HR

Reports To:Chief Executive Officer (CEO)

Location: Fairfax, Vermont

About Runamok

Runamok is a family-owned, Vermont based company that started with a foundation of premium, organic maple syrup and has expanded to an array of maple and honey-based products. Started by husband and wife, Eric and Laura Sorkin, they began tapping their woods in Cambridge, Vermont in 2009. For the first six years, Runamok Maple sold their maple crop on the bulk market but in 2016, with their eyes set on elevating maple in new and innovative ways, Curt Alpeter joined the team as a Partner, and they started the Runamok retail product line.

Runamok’s focus was on creating a truly unique maple syrup product and brand. With elegant packaging, innovative flavor profiles, and the highest quality ingredients, their infused, smoked and barrel-aged maple made waves in the food world from Oprah’s Favorite Things to Saveur and Food&Wine. In 2021 Runamok expanded into nature’s other exquisite sweetener and started a line of raw varietal, infused, and hot honeys.

Position Overview

This is an exciting opportunity to work as a key member of this sophisticated and complex organization. The VP of Finance and HR is responsible for processing the financial activities of the organization to maximize the company’s revenue and growth plans. You will have to analyze data and advise leadership on ways to use that information to make strategic decisions about the organization’s future. As a critical member of the team, the VP of Finance and HR will help shape business operations so that the company can scale rapidly. This role will lead budgeting, cost accounting, planning, system development, and reporting. This person needs to have a demonstrated history of success developing the accounting, IT, and HR systems in a growing company.

Essential Duties and Responsibilities

The following duties may be done independently or as a key member of the leadership team, working closely with colleagues and owners in Fairfax, Vermont.

  • Serve as a financial advisor to the CEO and leadership team for strategic planning purposes
  • Run point on managing HR functions
  • Oversee all accounting operations, including Billing, A/R, A/P, GL, Cost Accounting, Inventory Accounting and Revenue Recognition consistent with GAAP and corporate policies
  • Manage, mentor and develop the accounting and finance team
  • Develop strong relationships across the leadership team to foster teamwork and constructive actions in all areas affecting the company’s strategies
  • Produce and communicate accurate and timely monthly, quarterly, and annual financial reports, with variance analysis, standards and absorption
  • Prepare and communicate the organization’s annual budget and financial forecasts
  • Manage the organization’s Chart of Accounts (COA) used to capture data for leadership and financial accounting
  • Manage the company’s treasury function and working capital
  • Prepare cash flow forecasts for short term & long-term financial planning
  • Develop and document processes and accounting policies to maintain and strengthen internal controls
  • Ensure accurate manufacturing costing, providing a contribution analysis for all products
  • Manage and comply with local, state, and federal government reporting and tax filing requirements
  • Ensure the appropriate and timely payment of federal and state taxes
  • Maintain primary relationship with corporate auditors for consulting engagements and annual audits
  • Manage Accounts Receivables & Accounts Payables processes and team
  • Contribute to process improvement and cost reduction initiatives
  • Develop and analyze potential capital investments
  • Evaluate capital investments after completion to determine real costs and returns
  • Responsible for accounting, tracking & maintaining of fixed assets records

Qualifications and Experience

  • Bachelor’s degree (B.A. or B.S.) or equivalent in Finance, Accounting or related discipline
  • Significant previous experience as a Controller or VP of Finance in a manufacturing setting; food industry is a plus
  • An advance degree in Accounting, CPA, or CMA is preferred
  • Proven leadership experience
  • Thorough knowledge of accounting principles and procedures
  • Experience with creating financial statements, general ledger functions and the month-end/year- end close process
  • Experience selecting and implementing of an ERP system preferred
  • Knowledge of federal and state taxes

Personal Attributes

  • The ability to collect data, define problems, establish facts and draw valid conclusions
  • The ability to understand the big picture and pay great attention to accuracy and detail
  • The motivation to learn and constantly improve processes, systems, and tools
  • A critical thinker with a growth mindset that has strong analytical skills
  • Demonstrated ability to delegate as appropriate to develop the team
  • The desire to be part of building a great company
  • Strong emotional intelligence

Gallagher, Flynn, & Company, LLP has been retained to conduct this search. Interested candidates may ask questions and apply by sending a resume and cover letter to Dan Lyons, Manager Director.

Disclaimer: What’s listed above is representative of the responsibilities of the position but are not meant to be an exhaustive list. Responsibilities may change during employment at the company’s discretion. Gallagher, Flynn & Company, LLP and our client do not discriminate in employment based on race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

Job Type: Full-time

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: One location

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