What are the responsibilities and job description for the Vice President Finance position at Reagan Madison Solutions Inc.?
Core responsibilities Executive finance leadership
- Serve as the senior finance executive and strategic partner to the CEO, leadership team, owners and Board of Directors.
- Translate business performance, risks and alternatives into clear recommendations regarding profitability, cash generation, capital allocation and enterprise value.
- Lead long range financial planning, scenario analysis and evaluation of strategic options, including financing, refinancing, restructuring, transaction readiness, and a potential sale or ownership transition.
- Communicate financial results, outlook, risks and required actions with precision and credibility to internal and external stakeholders.
- Build an effective, results focused, and accountable finance team through clear expectations, ongoing coaching, cross training, development planning, and recognition.
Reporting and controls
- Own the integrity, timeliness and GAAP compliance of financial statements, consolidation, close, account reconciliations, estimates, policies and management reporting.
- Continuously improve the month-end close process discipline, balance sheet ownership and account reconciliations
- Partner with the Assistant Controller/Cost Accounting Lead to ensure the completeness of the general ledger, intercompany accounts, accruals, product costing, utility costing, and tenant billing
- Ensure and effective internal control environment exists, audit readiness and related documentation of processes.
- Improve accountability across the organization for source data quality.
- Oversee external reporting and technical accounting, including cash-flow reporting, discontinued operations and M&A transaction-related accounting where applicable.
Treasury, liquidity and risk
- Own liquidity strategy, cash forecasting, debt management, banking relationships, borrowing base reporting, covenant compliance and funding requirements.
- Ensure a credible13-week cash forecast and integrated balance-sheet and cash-flow outlook; improve forecast accuracy and reconciliation with actual results.
- Provide governance over working capital, collections, vendor payments, insurance and financial/commodity risk management.
- Maintain proactive, trusted relationships with lenders and owners, anticipating issues and presenting solutions before deadlines or covenant events.
FP&A, operations and value creation
- Lead the FP&A function through long range planning, annual budgeting, monthly forecasting, scenario modeling, segment performance, capital planning and management reporting.
- Connect commercial, production, inventory and cost assumptions to integrated P&L, balance-sheet, cash-flow and borrowing-capacity outcomes.
- Partner with operations, commercial, supply chain and executive leaders to improve margins, working capital, capital productivity and cash generation.
- Support SIOP and operating decisions with financially grounded alternatives, sensitivity analysis and clear ownership of assumptions.
Organization, systems and transition
- Lead an accelerated, structured handoff from the CFO and current Corporate Controller/Treasurer covering financing, lenders, board and owner matters, close, accounting judgments, treasury, reporting, systems, audit and institutional knowledge.
- Validate and implement the target finance organization, including role charters, decision rights, workload balance and performance expectations.
- Reduce key person and contractor dependencies through standard work, cross-training, backups, process ownership and appropriate staffing decisions.
- Prioritize finance system, data and automation improvements after process ownership and controls are stabilized; reduce reliance on spreadsheets and rework.
- Develop leaders and individual contributors who take ownership, respond to coaching and continuously improve the quality of finance work.
Required experience and qualifications
- Bachelor's degree in Accounting, Finance or related field; CPA strongly preferred. MBA or other relevant advanced qualifications are valued.
- 15 years of progressive finance and accounting experience, including 3 or more years of leadership as a Controller, VP Finance, divisional CFO or comparable senior finance executive.
- Demonstrated command of close, GAAP reporting, audit, controls, accounting policy, balance sheet integrity and finance systems.
- Experience evaluating and executing M&A transactions, including financial modeling, due diligence, valuation, financing, negotiation support, integration planning, and realization of expected synergies and business value.
- Experience in manufacturing, chemicals, industrial products, distribution or another inventory and capital-intensive operating environment.
- Working knowledge of standard costing, inventory accounting, plant economics, material/labor/overhead variances, working capital and operational finance.
- Direct experience with liquidity management, debt, covenants, lenders, borrowing base facilities and 13-week cash forecasting; leveraged or constrained-liquidity experience is highly desirable.
- Experience leading FP&A, integrated forecasting, scenario modeling and business decision support.
- Track record of improving ERP-enabled processes, data quality, controls, close cycles and management reporting.
- Experience presenting to CEOs, boards, owners, lenders, auditors and other sophisticated stakeholders.
- Demonstrated success assessing talent, developing teams, managing change and building accountability in ambiguous or transitional environments.
Leadership attributes
- Hands-on and decisive: willing to engage in the details, identify root causes and establish control while keeping enterprise priorities in view.
- High-integrity and evidence-driven: creates trust through accurate information, transparent communication and sound judgment.
- Commercially minded: connects financial discipline with operating realities, customer economics, growth choices and enterprise value.
- Calm under pressure: anticipates liquidity, covenant, reporting and operational issues and responds without creating unnecessary organizational disruption.
- Clear and respectful leader: sets high standards, gives direct feedback constructively, develops people and avoids dependence on individual heroics.
- Builder and simplifier: establishes durable processes, decision rights and systems rather than adding layers or complexity.
- Adaptable and resilient: effective amid changing priorities, imperfect information and an accelerated succession timeline.
Salary : $250,000 - $295,000