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Director of Finance
Optp Minneapolis, MN
$191k-259k (estimate)
Full Time | Medical Technology 3 Weeks Ago
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Optp is Hiring a Director of Finance Near Minneapolis, MN

Director of Finance

For over 40 years OPTP has been a leading catalog and ecommerce company of fitness and therapy products. We are a well-respected company in our industry with an emphasis on customer service. The Director of Finance position reports to the CEO and is the lead financial position. This position will play a pivotal role in serving as a Team Leader who works to optimize critical financial processes, including budgeting, forecasting, pricing and cost management, annual reporting, and financial audits. A qualified candidate will need to be self-motivated, flexible, reliable and enjoy having a variety of responsibilities.

Essential Duties and Responsibilities include the following.

· Prepares monthly, quarterly, and annual financial reports.

· Leads all financial planning and analysis, including forecasting, budgeting, and cash flow management, annual year end audit and assist with corporate tax returns.

· Responsible for the monthly and year end closing process of our accounting software.

· Oversees and reviews accounting and general corporate policies, including payroll, multiple state sales tax management, FDA compliance, and human resources management.

· Manage Accounting Staff and provide backup to their duties as necessary.

Assist in month end/year end closing and financial reporting

· Inventory Management (Cost Accounting)

On-boarding new products in all systems

Review and track material costs

Calculate production and overhead costs

Keep management informed on cost changes

Work with Management/Marketing in updating Product and Marketplace pricing.

Qualifications/Skills

· Minimum 10 years of general accounting experience

· Experience with manufacturing and inventory cost analysis is a plus

· Thorough understanding of GAAP regulations

· Strong analytical and problem-solving skills

· Proficient in Microsoft Office, Excel and Word

· Experience in accounting software systems

· Ability to work independently and as a part of a team

· Good time management to be able to meet established deadlines

· Excellent written and verbal communication skills

· Supervisory experience

· Experience working with third-party and website business transactions

Education

· 4-Year Accounting Degree, CPA designation preferred.

Physical Requirement

· Ability to work required hours

· Sit at computer for extended period of time

· Office Setting – No remote work.

Benefits

· 401K

· Profit Sharing

· Paid Holidays

· Paid Personal Time

· Paid Vacation Time

· Health Insurance available

· Dental Insurance available

Job Type

· Full time position Monday through Friday

· Reports to CEO

Salary

· DOQ – Based on education and experience

· Please advise salary requirement with application

Job Type: Full-time

Pay: $100,000.00 - $120,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee discount
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance

Experience level:

  • 10 years

Schedule:

  • 8 hour shift
  • Monday to Friday
  • No nights

Ability to Relocate:

  • Minneapolis, MN 55447: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Medical Technology

SALARY

$191k-259k (estimate)

POST DATE

05/13/2024

EXPIRATION DATE

05/22/2024

WEBSITE

optp.com

HEADQUARTERS

FRIDLEY, MN

SIZE

200 - 500

FOUNDED

1979

CEO

MICHAEL J COYLE

REVENUE

$10M - $50M

INDUSTRY

Medical Technology

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The job skills required for Director of Finance include Accounting, Analysis, Budgeting, CPA, Financial Reporting, Forecasting, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Finance job description and responsibilities

A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.

01/03/2022: Schenectady, NY

Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

01/27/2022: Salem, OR

Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

01/21/2022: Provo, UT

The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

12/20/2021: Racine, WI

They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

01/21/2022: Boston, MA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

02/26/2022: Sioux Falls, SD

They must also be good team players, with management skills to lead the finance department.

02/16/2022: Olympia, WA

At least 10 years of accounting and finance experience.

02/23/2022: Seattle, WA

Create partnerships with the other stakeholders.

01/04/2022: Phoenix, AZ

The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

01/22/2022: Kingsport, TN

Step 3: View the best colleges and universities for Director of Finance.

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