What are the responsibilities and job description for the Director of Accounting and Finance position at Shivvers Manufacturing?
The Director of Accounting & Finance is responsible for the company’s accounting operations, financial reporting and financial management across its manufacturing divisions. Reporting to the CFO, this position combines financial leadership with substantial hands-on accounting responsibilities.
The Director leads the accounting team, serves as a financial partner to departments throughout the company and manages key external financial relationships, including banking, insurance and external accounting professionals. The position requires an individual who is equally comfortable performing detailed accounting work, developing employees, supporting operational decisions and representing the company with outside financial partners.
The role is approximately 50% management and financial leadership and 50% hands-on accounting; this balance may vary during closing, budgeting and audit periods.
Accounting & Financial Responsibilities: Financial accuracy, operational oversight and departmental leadership.
- Direct and manage all accounting functions, including general ledger, accounts payable, accounts receivable, payroll and customer credit administration.
- Manage monthly and annual closing, including preparation and review of journal entries, reconciliations and GAAP financial statements.
- Oversee manufacturing cost accounting, inventory valuation, overhead allocation and divisional profitability reporting.
- Manage fixed asset accounting, inventory obsolescence and appropriate disposition of company assets.
- Lead annual budgeting and prepare financial forecasts, cash flow projections and financial analyses.
- Establish and maintain internal controls, accounting policies and procedures to safeguard assets and ensure accurate reporting.
- Supervise, mentor and develop accounting personnel, establishing clear responsibilities and performance expectations.
- Maintain substantial hands-on involvement in complex transactions, accounting activities, payroll processing, financial analysis and reporting.
- Oversee integrity of the company’s ERP system and improve accounting processes and reporting.
Internal Company Responsibilities: Serving the President, management team and departments throughout the company.
- Serve as a financial business partner to the President, CFO and management team, providing timely information for strategic and operational decisions.
- Develop a thorough understanding of the company’s products, manufacturing processes and operations to support departmental needs.
- Collaborate with Production, Purchasing, Sales, Marketing and other departments to provide financial information, resolve issues and support business objectives.
- Provide departmental managers with financial reports, performance metrics and analysis to help them understand results and manage their responsibilities.
- Support product pricing, manufacturing efficiency, inventory management and profitability decisions through cost and financial analysis.
- Identify operational improvement opportunities and work across departments on practical solutions.
- Promote a responsive, accessible and accountable accounting department that treats the rest of the company as its internal customers.
- Communicate financial information clearly to managers and employees without accounting backgrounds.
External Relationships & Responsibilities: Representing the company with financial institutions, advisers and outside business partners.
- Banking relationships: Establish and maintain strong relationships with banking partners; serve as primary contact for routine banking matters, financing arrangements, credit facilities and reporting requirements.
- Cash management and financing: Coordinate banking activities, monitor cash availability, manage banking arrangements and support equipment and capital expenditure financing.
- Insurance: Manage broker and carrier relationships, coordinate annual coverage reviews and renewals, and assist with claims and risk management.
- External auditors and accountants: Coordinate annual financial audits and work with outside accounting professionals on financial reporting, tax preparation and other accounting matters.
- Tax and regulatory compliance: Coordinate with tax professionals and appropriate agencies for timely, accurate reporting and compliance.
- Other professional relationships: Work with legal counsel and external advisers on financial matters, contracts and special projects as needed.
Education & Experience:
- Bachelor’s degree in Accounting or Finance required; CPA or CMA preferred.
- Significant progressive accounting experience, including manufacturing cost accounting and financial reporting.
- Previous experience supervising and developing accounting personnel.
- Experience working with banks, external auditors and insurance professionals.
- Strong knowledge of GAAP, internal controls, budgeting and financial analysis.
- Experience with manufacturing ERP systems, preferably Epicor, and advanced Microsoft Excel skills.
- Demonstrated ability to balance departmental leadership with direct hands-on accounting responsibilities.
Professional Qualifications:
Strong financial and analytical skills, sound judgment, attention to detail and the ability to work independently. Equally important are interpersonal skills, a service-oriented approach to supporting other departments and the ability to build effective relationships with external business partners.
Position Authority:
The Director owns day-to-day banking relationships and financial management; the President retains final authority over major financing and strategic capital decisions.
Physical Requirements:
- This is primarily a sedentary role; however, this would occasionally require some repetitive motions such as walking, bending, sitting, standing, typing, pushing and pulling.
Work Environment:
- Work environment will be standard office setting in a manufacturing facility.
Pay: From $120,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Application Question(s):
- Previous accounting experience, including manufacturing cost accounting and financial reporting?
Education:
- Bachelor's (Required)
Work Location: In person
Salary : $120,000