Director of Finance


Job ID 18-00132

Industry Pharma

Job Type Permanent

Location San Fernando Valley, CA

Description

Summary:
The Director of Finance, will be responsible for: owning, establishing, maintaining accounting processes, systems and day-to-day financial operations and apply financial and managerial accounting and manufacturing knowledge to mature and advance Natrol's financial processes.
Essential Responsibilities:
• Auditing and Compliance
- Ensure the accuracy of all financial transactions and reporting are in accordance with US GAAP.
- Develop, refine, and direct use of accounting systems and internal control of those systems.
- Prepare for, coordinate and/or direct internal and/or external engagements.
• Financial Planning and Analysis
- Partner with the senior management team to create 3-year growth strategy.
- Play a pivotal role in the annual budgeting and financial forecasting processes.
- Prepare and analyze monthly budget-to-actual and prior year reporting by business unit.
- Partner with Manufacturing to create capital expenditure budget.
- Establish KPI's on Operations Costing and Labor Cost Variance.
• General Ledger Accounting
- Drive all aspects of financial and managerial accounting, including A/P, A/R, project and general ledger.
- Oversee state sales tax filings and other statutory registrations as required.
• Project Cost Accounting
- Partner with Manufacturing to control monthly Work in Process (WIP) and Cost of Goods Sold (GOGS).
- Partner with Manufacturing to guarantee accuracy of inventory.
• Financial Reporting
- Produce accurate monthly Financial Reporting Package (FRP).
• Department Operations Management
- Design an organizational structure and staffing to effectively accomplish the Finance and Accounting department's goals and objectives.
- Establish and implement short-and long-range department goals, objectives, policies, and operating procedures.
Supplemental Responsibilities:
Represent the company externally to all business partners including: financial institutions, auditing firms, vendors/service providers, and government agencies.
Recruit, train, manage and evaluate department staff.
Judgment:
Requires an energetic, forward-thinking and creative individual with high ethical standards and an appropriate professional image.
Communication and Interface:
Ability to develop and implement policies for Finance and Accounting Department and provide training to department staff as well as others within the organization.
Ability to offer clear guidance and leadership in finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
Ability to participate in and facilitate group meetings.
Ability to understand, analyze and make recommendations on complex business issues.
Ability to build and develop strong relationships and maintain communication and to pro-actively drive fact-based business decisions.
Supervision:
This position will be responsible for managing three manager level employees through the Assistant Controller.



Qualifications

Requirements:
- Requires a BS/BA degree in Business, Accounting of Finance, Masters Degree preferred; CPA certification is required
- 10 years of related Accounting/Finance experience of which 5 plus years must be at a Controller level or higher.
- Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
- Requires an experienced leader in finance with manufacturing experience preferably in nutritional supplements field.
- Work requires professional written and verbal communication and interpersonal skills.
- Working knowledge of short and long-term budgeting and forecasting and product-line profitability analysis.
- Understand, analyze and make recommendations on complex business issues.
 

Physical Conditions
During the course of normal day-to-day activities, the position may be required to walk, stand, climb stairs and move to and from office area to warehouse. The position requires use of both arms and hands and be ability to sit for up to eight hours a day.
Typically, an employee performs 80% of essential responsibilities to qualify for classification in this position. Variations may occur at the Company's discretion. The Company will attempt to provide reasonable accommodations to an individual with disabilities.