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Chief Financial Officer

ProCaps Laboratories
Henderson, NV Full Time
POSTED ON 4/3/2024 CLOSED ON 10/8/2024

What are the responsibilities and job description for the Chief Financial Officer position at ProCaps Laboratories?

Job Type : Fulltime Onsite (Henderson, NV)

Are you an experienced financial leader looking for your next challenge? We are seeking a results-driven and strategic CFO to join our team and lead the financial future of our company located in Henderson, Nevada.

Ideal candidates will come from consumer packaged goods companies that manufacture products with a variety of raw materials and ingredients, such as nutraceuticals, beauty products, and food and beverages, and sold direct to consumers, via ecommerce, and mass market retail.

Who We Are

ProCaps Laboratories understands that people are becoming more mindful of what they put into their bodies to sustain energy and health. Quality is a vanguard of our brand and our mission to provide ethically created and effective nutritional supplements in an environmentally responsible way.

Founded in 1979 by Andrew Lessman, ProCaps Laboratories has long been dedicated to enhancing health and well-being by providing uniquely highest dietary supplements. Located in Henderson, Nevada, near the exciting and diverse community of Las Vegas, ProCaps Laboratories is a large and rapidly growing manufacturer with approximately 350 employees that markets several hundred dietary supplement SKUs, along with an expanding line of functional foods (bars, packets, bottles, etc.)

For over 40 years, ProCaps Laboratories has led the industry in research, development, and innovation, continuously advancing product formulations based on cutting-edge nutritional science and progressing technology. This unique company remains one of the few that actually develops and manufactures each of its products in a state-of-the-art, 100% solar powered eco-friendly, award-winning facility.

What You’ll Do

We are looking for an experienced and highly motivated Chief Financial Officer to join our team. The ideal candidate will have at least 15 years of experience in finance and accounting, with a strong background in ERP systems, cost accounting, variance analysis, inventory management, data analytics, project management, and leadership. This role will oversee all financial functions and produce detailed and timely financial reports, metrics and KPI driven operational analysis and actionable insights to assist all Directors to more effectively manage all of the company operations (manufacturing, warehouse, sales, fulfillment, call-center and executive operations).

Other Essential Job Duties And Responsibilities

  • Develop and implement financial strategies, policies, and procedures to ensure the company's financial goals are met or exceeded
  • Provide financial leadership and guidance to the executive team and various departments
  • Oversee financial planning and analysis, including budgeting, forecasting, and variance analysis
  • Manage the company's ERP systems, including system selection, implementation, and ongoing maintenance
  • Develop and maintain cost accounting systems and methodologies to ensure accurate product costing and inventory valuation
  • Oversee inventory management, including inventory control, forecasting, and reconciliation
  • Analyze and interpret financial data to provide insights and recommendations for improving financial performance
  • Own all transactions related to accuracy of the general ledger, job costing, inventory, receivables, payables, and resulting financial reports
  • Develop and maintain financial and management reports that accurately describe performance with comparisons to projections or other benchmarks
  • Actively identify opportunities for cost savings and efficiencies in processes, services, and alternatives
  • Maintain current knowledge of logistics costs, raw material and commodities pricing
  • Review cost variances and work collaboratively to identify root cause for proactive change
  • Contribute to staffing requirements planning
  • Lead and mentor the finance and accounting team, ensuring high performance and professional development
  • Manage offsite inventories and costing of third-party processes and record internally
  • Oversee annual standard cost update and intermittent changes in material, equipment and labor rates are allocated, recommend related price changes
  • Evaluate capital expenditures and ROI
  • Manage and track contracts, renewals and costs
  • Manage State Sales and use Tax compliance
  • Manage corporate insurance and risk management policies and procedures
  • Prepare monthly, quarterly and annual financial reports as needed (along with daily KPI updates)
  • Collaborate with Human Resources for benefit renewals and company 401K plan


What You Bring

  • Bachelor's degree in Accounting, Finance, or related field; MBA or CPA preferred
  • 15 years of experience in finance and accounting, with at least 5 years in a CFO or equivalent role
  • Strong knowledge of ERP systems, cost accounting, variance analysis, inventory management, and data analytics
  • Proven track record of financial leadership and strategic thinking
  • Excellent communication, presentation, and interpersonal skills
  • Strong project management skills, with the ability to manage multiple projects simultaneously
  • Demonstrated ability to lead and mentor a high-performing team
  • Comfortable working in a fast paced, growing and complex organization
  • Experience working with consumer packaged goods companies that sell via: ecommerce, direct to consumer and mass market retail is highly preferred
  • Experience in a manufacturing or distribution environment preferred
  • Industry experience in nutraceutical and supplement manufacturing preferred


What We Offer

ProCaps Laboratories provides:

  • A competitive salary
  • Excellent Medical, Dental and Vision Insurance
  • Health Savings Account with employer contribution
  • Paid Time Off, Holiday Pay
  • 401K plan with generous employer match
  • 100% Company Life and Short-Term Disability Coverage
  • Health & Wellness Program
  • Gym Membership Reimbursement Program
  • Healthy Vitamin Discount program
  • Employee Referral Program
  • Live and work in one of the most exciting and diverse communities in Nevada. Henderson and the various Las Vegas areas share rich culinary experiences and active environments. Minutes from the many restaurants and shopping as well as outdoor activities in the mountains, lakes, and desert, our nook in Nevada is ideal for most lifestyles. Also, there is no Nevada state income tax!
  • Fantastic work environment that focuses on safety, quality, community, and amazing people. We hire top talent and celebrate the ingenuity and tenacity of our team members and leaders.


WORK ENVIRONMENT

  • Duties are performed primarily in a smoke-free office and manufacturing environment


Physical Requirements

  • Frequent sitting, standing, and walking


ProCaps Laboratories is an equal opportunity employer and values diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

For More Information Please Visit Us At

  • www.ProCapsLabs.com
  • The Andrew Lessman brand store on Amazon.com
  • Andrew Lessman on HSN.com (Home Shopping Network)


Depending on the volume of interests and submissions, we will only be contacting applicants who meet all of the minimum requirements listed in the job description. Only those applicants who align most closely with our minimum and preferred qualifications will be contacted for an interview. ProCaps Laboratories will retain your application materials for one year and may contact you regarding future opportunities.

Salary.com Estimation for Chief Financial Officer in Henderson, NV
$168,000 to $250,491
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