Key Responsibilities:
- Financial Strategy and Planning:
- Develop and execute the plant’s financial strategy in alignment with overall corporate goals.
- Oversee the preparation and execution of financial forecasts, budgets, and long-term financial plans.
- Conduct financial modeling and scenario analysis to support strategic decision-making.
- Financial Management:
- Manage the plant’s financial reporting, including monthly, quarterly, and annual financial statements.
- Ensure accurate and timely financial reporting and compliance with regulatory requirements.
- Implement financial controls and procedures to safeguard the plant’s assets and ensure accuracy in financial reporting.
- Comply with all local and federal reporting regulations.
- Cost Management:
- Analyze cost structures and work closely with operations to optimize cost efficiencies in production.
- Monitor and manage the plant’s operational costs, including raw materials, labor, and overhead.
- Develop and oversee cost control measures and improvement initiatives.
4. Performance Analysis:
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- Evaluate financial performance through key performance indicators (KPIs) and financial metrics.
- Provide actionable insights and recommendations to improve financial performance and operational efficiency.
- Prepare reports and presentations for the executive team and stakeholders on financial performance and strategic initiatives.
5. Investment and Capital Management:
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- Oversee capital budgeting and investment planning, ensuring alignment with plant objectives and financial capacity.
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- Manage relationships with financial institutions, investors, and other stakeholders.
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- Evaluate potential investments, acquisitions, and partnerships.
6. Team Leadership and Development:
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- Lead and mentor the finance team, fostering a culture of excellence, collaboration, and continuous improvement.
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- Ensure the finance team is equipped with the skills and tools necessary to achieve their objectives.
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- Oversee recruitment, training, and development of finance personnel.
7. Risk Management:
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- Identify and manage financial risks, including credit, liquidity, and operational risks.
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- Develop and implement risk mitigation strategies and contingency plans.
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- Ensure compliance with internal controls and external regulations.
8. Collaboration and Communication:
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- Work closely with the plant’s leadership team and other departments to drive strategic initiatives and operational improvements.
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- Communicate financial information and strategies effectively to both financial and non-financial stakeholders.
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- Represent the plant’s financial interests in external negotiations and engagements.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.
- Proven experience as a CFO or in a senior financial management role within a manufacturing or corrugated production environment.
- Strong understanding of financial modeling, budgeting, and forecasting.
- Experience with ERP systems and financial software.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication and leadership abilities.
- Ability to work effectively in a fast-paced and dynamic environment.
*Weil Group is proud to be an Equal Employment Opportunity Employer.*