Job Description
Job Title: Finance and Accounting Director
Company: ARK Products LLC
Employment Location: Columbia, South Carolina
Job Summary: As the Finance and Accounting Director at ARK Products, you will be a key member of the executive leadership team, responsible for overseeing all financial, accounting, HR, and IT functions of the company. This position requires a seasoned professional with expertise in financial analysis, accounting, budgeting, forecasting, risk management and team leadership. You will play a critical role in driving financial performance, maintaining operational excellence, and providing strategic guidance to support the company’s growth initiatives.
The ideal candidate has a proven track record in financial leadership, managing cross-functional teams, and implementing effective systems and controls in dynamic business environments.
Responsibilities:
Financial Reporting:
- Prepare and present accurate, timely financial reports, including monthly, quarterly, and annual financial statements.
- Provide detailed analysis and interpretation of financial results to the executive team and board of directors.
- Prepare financial packages and presentations for board meetings and investor communications.
Financial Management:
- Develop and manage the annual budget in collaboration with the executive team to ensure financial sustainability and profitability.
- Oversee financial planning, forecasting, and analysis to support strategic decision-making and long-term growth initiatives.
- Monitor key financial metrics, identify trends, and implement strategies to achieve financial targets.
- Leverage PowerBI for business intelligence and decision making.
- Ensure compliance with all financial, legal, and regulatory requirements related to financial reporting and disclosure.
Accounting Responsibilities:
- Oversee the accuracy and timeliness of the company’s accounting operations, including accounts payable, accounts receivable, payroll, and general ledger maintenance.
- Manage the month-end and year-end closing processes to ensure proper financial statement preparation.
- Develop and maintain robust accounting policies, procedures, and systems to ensure compliance with GAAP and other relevant standards.
- Conduct reconciliations, audits, and reviews to maintain data accuracy and integrity.
- Coordinate with external reviewers and tax advisors to facilitate audits, tax filings, and compliance reporting.
- Maintain fixed asset schedules and ensure proper depreciation and capitalization of assets.
- Prepare and file all required local, state, and federal tax returns and compliance documents.
Governance and Compliance:
- Ensure adherence to federal, state, and local regulations, including tax compliance and employment laws.
- Stay updated on changes in accounting standards (GAAP/IFRS) and ensure policies adapt accordingly.
- Oversee enterprise risk management, including operational, financial, and regulatory risks.
- Evaluate and optimize insurance coverage to protect company assets.
Cash Flow and Treasury Management:
- Manage cash flow, liquidity, and working capital to support day-to-day operations and strategic investments.
- Optimize cash management processes and treasury functions for efficiency and cost reduction.
- Maintain banking and lender relationships to secure financing and manage credit lines.
Strategic Financial Planning:
- Provide financial guidance to support business strategies, mergers, acquisitions, and investment opportunities.
- Evaluate financial implications of business decisions, making recommendations to enhance shareholder value.
- Facilitate efforts related to capital structure, fundraising, and debt financing.
Process Improvement and Technology Implementation:
- Evaluate and implement systems and software to streamline accounting and reporting functions.
- Drive process automation and technology integration for operational efficiency.
Inventory and Cost Accounting:
- Oversee cost accounting processes, including tracking inventory levels, production costs, and variances.
- Ensure accurate reporting of inventory and manufacturing financials.
Human Resources (HR) Oversight:
- Supervise HR operations, including recruitment, employee relations, benefits administration, and performance management.
- Collaborate with HR to ensure compliance with employment laws and regulations.
- Drive initiatives to enhance company culture, employee engagement, and talent retention.
- Oversee HR budgets and policies to align with organizational goals.
Information Technology (IT) Oversight:
- Oversee IT operations, budgets, and personnel to ensure seamless technology support for the organization.
- Collaborate with IT leadership to evaluate and implement systems that improve efficiency and security.
- Monitor cybersecurity practices to safeguard company data and mitigate risks.
Team Leadership and Cross-Functional Collaboration:
- Recruit, develop, and lead a high-performing team, fostering a culture of collaboration, accountability, and continuous improvement.
- Partner with operations, engineering, sales, and marketing teams to align financial planning with business goals.
- Regularly communicate financial performance and projections to internal stakeholders.
Tax Planning and Strategy:
- Develop and execute tax strategies to optimize the company’s tax position.
- Evaluate implications of business structures, transactions, and expansions for tax efficiency.
Requirements
Experience & Qualifications:
- Experience in manufacturing, ecommerce, and consumer products or related industries.
- Bachelor’s degree in Accounting, Finance, or a related field (Master’s or CPA preferred).
- 8+ years of progressive experience in accounting, financial management, and leadership roles.
- Expertise in GAAP and regulatory compliance; IFRS knowledge is a plus.
- Strong background in financial reporting, strategic planning, and risk management.
- Proven experience with ERP systems, financial software, and process automation. QuickBooks online and PowerBI experience preferred.
- Exceptional leadership, analytical, and communication skills.
Benefits
- Competitive salary
- Benefits
- 401K
- Excellent company culture and PTO policy
Job Tags
Full time, Local area,