Finance Manager
Posted Updated
Description
Job Summary:
Farason Corporation is seeking a Finance Manager to oversee the day-to-day accounting operations of our automation and manufacturing business. This individual will serve as a key member of the management team, providing accurate financial information, maintaining financial controls, and supporting informed business decision-making.
Initially, this role will focus on core accounting responsibilities including accounts payable, accounts receivable, payroll coordination, account reconciliations, cash management, and financial reporting. As the successful candidate develops knowledge of our business, systems, and operations, they will assume increasing responsibility in financial planning, forecasting, cost accounting, budgeting, and strategic financial management with the objective of progressing into a Higher-level role.
In addition, this position will be responsible for evaluating the effectiveness of the accounting function, identifying opportunities for process improvement, and recommending the organizational structure and staffing levels necessary to support the company's continued objectives.
Responsibilities:
Accounting Operations
- Oversee and manage accounts payable and accounts receivable functions.
- Coordinate payroll processing and related reporting.
- Maintain the general ledger and supporting accounting records.
- Prepare and review monthly account reconciliations.
- Support month-end and year-end close activities.
- Ensure timely and accurate processing of financial transactions.
- Maintain accounting records in accordance with company policies and generally accepted accounting principles (GAAP).
- Approve journal entries and support monthly financial closing activities.
Financial Reporting & Analysis
- Prepare monthly financial reports and supporting schedules for management review.
- Monitor and report company cash flow and liquidity.
- Assist management in understanding financial performance, trends, and risks.
- Develop reporting that improves visibility into operating performance and financial results.
- Support quarterly and annual financial reviews with external accounting partners.
- Prepare special reports and analyses as required by management.
- Assist in the development and maintenance of key financial and operational performance indicators.
Cost Accounting & Operational Support
- Perform and support manufacturing cost accounting activities.
- Analyze product costs, project profitability, labor performance, and cost variances.
- Support budgeting and forecasting activities.
- Help identify opportunities to improve profitability, efficiency, and financial performance.
- Work with operational leaders to understand information flow, project execution, and resource utilization.
- Assist management in evaluating the financial impact of operational decisions.
Compliance & Financial Controls
- Maintain and improve financial controls, policies, and procedures.
- Ensure compliance with federal, state, and local reporting requirements.
- Coordinate sales tax filings and related reporting.
- Support annual audits, insurance reporting requirements, and financial reviews.
- Maintain relationships with banks, insurance providers, auditors, external accountants, and other third-party service providers.
- Ensure financial records and reporting are accurate, organized, and compliant with applicable regulations.
Accounting Department Leadership
- Provide leadership and direction for the accounting function.
- Evaluate accounting department workflows, responsibilities, and overall effectiveness.
- Assess current and future accounting resource requirements and make recommendations regarding departmental staffing levels.
- Determine appropriate organizational structure, role responsibilities, and resource needs to support company objectives.
- Develop and implement process improvements to increase efficiency, accuracy, and scalability.
- Establish clear procedures, accountability, and performance expectations within the accounting function.
- Participate in recruiting, onboarding, training, and development of accounting personnel as needed.
- Collaborate with management to ensure the accounting team remains aligned with the company's strategic goals.
Professional Growth & Controller Development
As knowledge and experience develop, the successful candidate will progressively assume responsibility for:
- Annual budgeting and forecasting.
- Long-range financial planning.
- Cash flow forecasting and management.
- Financial statement analysis and presentation.
- KPI development and reporting.
- Financial policy development and implementation.
- Department leadership and organizational planning.
- Controller-level financial oversight and strategic partnership with ownership and management.
Skills and Qualifications:
Required
- Bachelor's degree in Accounting, Finance, Business, or related field.
- 3-7 years of progressively responsible accounting experience.
- Strong understanding of general accounting principles and financial reporting.
- Experience performing account reconciliations and month-end closing activities.
- Proficiency in Microsoft Excel and Microsoft Office applications.
- Strong analytical, organizational, and problem-solving skills.
- Ability to work independently and manage multiple priorities.
- Excellent communication skills and attention to detail.
Preferred
- Experience in a manufacturing, industrial, or project-based business environment.
- Experience with cost accounting and job costing.
- ERP system experience.
- Experience working with outside CPA firms or auditors.
- Familiarity with payroll administration.
- Working knowledge of GAAP and financial statement preparation.
- Exposure to budgeting, forecasting, and financial analysis.
Success Measures
The successful candidate will:
- Deliver accurate and timely monthly financial reporting.
- Improve visibility into company financial performance and cash flow.
- Support management decision-making through reliable financial information.
- Develop effective accounting processes and internal controls in coordination with all departments.
- Evaluate and recommend the appropriate accounting department structure and staffing levels.
- Successfully build the skills and business knowledge necessary to transition into a Controller-level position.
Compensation & Schedule
Position Type: Full-Time, Salaried
Work Schedule: Generally, 40-45 hours per week, with additional time occasionally required during month-end close, budgeting, audits, and special projects.
