What are the responsibilities and job description for the Director of Finance and Accounting position at Concept Logistics?
Accounting & Financial Reporting
- Direct all general accounting activities, including accounts payable, accounts receivable, cash management, accruals, and account reconciliations.
- Lead the monthly, quarterly, and annual financial close processes, ensuring accurate and timely completion.
- Prepare and review financial statements, management reports, balance sheet reconciliations, and supporting schedules.
- Ensure financial reporting is consistent with GAAP and company policies.
- Maintain the integrity of the chart of accounts and general ledger.
- Review financial results and investigate significant variances, trends, and unusual transactions.
Financial Controls & Compliance
- Develop, maintain, and continuously improve accounting policies, procedures, and internal controls.
- Ensure appropriate segregation of duties and financial approval processes.
- Monitor compliance with federal, state, and local financial and tax requirements.
- Coordinate annual financial statement audits and serve as the primary contact for external auditors.
Accounts Payable, Receivable & Cash Management
- Provide oversight of accounts payable and accounts receivable functions.
- Monitor customer receivables, aging, collections, and credit exposure.
- Oversee vendor payment processes and ensure appropriate authorization and documentation.
- Monitor daily cash positions and support cash-flow forecasting.
- Review banking activity, reconciliations, and processes.
- Identify opportunities to improve working capital and cash-management practices.
Budgeting & Financial Analysis
- Assist executive leadership with annual budgeting and financial forecasting.
- Prepare budget-to-actual reporting and explain significant variances.
- Develop financial analyses to support operational and strategic decisions including use of Power BI and other business analytics tools.
- Monitor key financial and operational performance indicators.
- Partner with operational leadership to understand profitability by customer, service line, business unit, or other relevant segment.
- Identify cost-saving opportunities, financial risks, and areas for improved profitability.