Director, Financial Services & Corporate Controller
Shelton
- Act as a strategic business partner to senior executive leadership team.
- Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
- Provide insight and recommendations to both short-term and long-term growth plan of organization from a financial perspective.
- Identify, acquire and implement systems and software to provide critical financial and operational information.
- Evaluate and make suggestions for automating processes and increasing working efficiency.
- Communicate, engage and interact with Board of Directors, President and Executive Leadership Team.
- Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
- Select and engage consultants, auditors and investors.
- Recruit, interview and hire financial services staff as required.
- Participate in pivotal decisions as they relate to strategic initiatives and operational models.
- Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.
- Develop and Implement policies, procedures and processes for all aspects of Financial Services
Financial Analysis, Budgeting and Forecasting
- Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
- Review and analyze monthly financial results and provide recommendations.
- Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
- Develop and maintain monthly operating budget and annual company operating budget.
- Manage financial planning and analysis. Supervise creation of reports, software implementation and tools for
budgeting and forecasting.
Accounting, General Ledger, Administration and Operations
- Supervise the financial services department to ensure the proper functioning of all systems, databases and financial software.
- Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
- Review and ensure application of appropriate internal controls, SOX like compliance and financial procedures.
- Ensure timeliness and accuracy of financial and management reporting data for investors partners and company’s board of directors.
- Oversee the preparation and communication of weekly, monthly and annual financial statements.
- Oversee the preparation and timely filing of all local, state and federal tax returns.
- Ensure SOX like compliance regarding all financial functions.
- Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
- Oversee preparation of monthly, quarterly and annual financial statements.
- Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
- Enhance and implement financial and accounting systems, processes, tools and control systems
- Hire, develop and manage financial services staff
- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
- Coordinate internal audit process utilizing partner resources
Financial Management
- Manage cash flow planning process and ensure funds availability.
- Oversee cash, investments and asset management area.
- Explore new investment opportunities and provide recommendations on potential returns and risks.
- Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
- Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets. (10 Year Long-Term Plan)
Financial Relations and Policies
- Engage finance committee and/or board of directors regarding long-term financing needs
- Represent company to banks, financial partners, institutions, investors, public auditors and officials.
- Remain current on audit best practices as well as state, federal and local laws regarding company operations.
Cash Management
- Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
- Supervise Accounts Receivable management and provide guidance relating to the collection process
KNOWLEDGE
- BS degree in Accounting or Finance. Advanced financial degree or certification (CPA and/or MBA) is desirable.
- Indepth knowledge of accounting principles (GAAP), fiscal management and controls, Sarbannes-Oxley treasury
functions, complex state and Federal tax laws, and knowledge of utility accounting concepts and the regulatory
accounting principles and practices of the Federal Regulatory Energy Commission (FERC).
- Critical thinking and decision-making skills as well as long-term financial planning.
EDUCATION & EXPERIENCE
- 15 years relevant experience including well-rounded experience in all aspects of financial management, financial
analysis, general ledger, accounting, with a minimum of five years of experience in a senior leadership role.
- Demonstrated track record of team building and management development.
- Excellent interpersonal, communication, and leadership skills for working effectively with all levels of the organization including other senior leadership positions as well as board of directors, audit and finance Committees, banking community, financial rating agencies, regulators, internal and external auditors and legal and tax professionals