The CFO supervises and coordinates activities of the Finance Department and Treasury functions. This position is responsible for the financial management of the Company (Grand Rapids and Cincinnati).
The position listed empowers the Incumbent with the authority to execute all duties and responsibility listed below. In the event of a conflict of authority, the Incumbent shall elevate to direct supervisor for resolution.
Duties and Responsibilities
•The position is responsible for the individuals that prepare reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
•Overall management of the financial systems and internal controls for the company.
* Including Schunk Information System (SIS) monthly reporting
* Working with Group Controlling to report ad hoc data and reports as required.
* Assist with monthly and shareholder reporting to Corporate Headquarters.
•Ensure strict compliance with GAAP, support all government agency audits.
•Will advise management on desirable operational adjustments due to tax code revisions, and prepare reports required by regulatory agencies (including Government Census Reporting).
•The CFO will coordinate the month-end and year-end closing process and review company financial statements for accuracy and clarity.
•Participate in the development of the corporation's plans and programs as a strategic partner.
•Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the President/CEO and COO (Grand Rapids and Cincinnati locations) in performing their responsibilities.
•Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the company.
•Works with the purchasing manager on cost reduction initiatives.
•Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges.
•Provide technical financial advice and knowledge to others within the financial discipline.
•Manage corporate insurance policies.
•Coordinates the annual tax return preparation and audit.
•Oversees the companies banking relationship controls and processing of payments, management of receipts, and review of letters of credit.
•Approves variations to sales department variation from established credit terms requested by customers.
•Benefit and Retirement Plan Administrator responsibilities.
•As an officer of the company, assist other officers as a sounding board/advisor for any departmental issues that would have a major impact on the corporation.Qualifications
•Must be able to read/comprehend and write English
•Bachelor’s Degree preferred or 5-10 Supervisory experience in related field•MBA and/or CPA a + certification•5-10 years of progressive responsibility and experience in financial management, capital equipment manufacturing setting and/or public accounting experience preferred
•Ensure compliance to Weiss Technik quality policy, quality systems regulations, cGMP's and other applicable quality system standards and regulations throughout the organization.
•Communicate the importance of compliance with respect to device safety and efficacy, ramification of non-compliance, general safety rules, manufacturing procedures, company policies and applicable procedures, ISO, QSR and other regulations to direct reports.
•Additionally, communicate the associates' role in achieving Weiss-Technik quality objectives, goals, and commitment to compliance. Adhere to applicable safety rules, manufacturing procedures, company policies and applicable procedures, ISO, QSR and other FDA regulations.
*Mostly stationary work with occasional movement throughout facilities to access files, chambers, office machinery, etc. Works at a desk and a computer screen for extended periods of time. Employee must be able to manually enter data to the computer system and understand the screen and images that appear. Frequently lifting and carrying up to 10 lbs and occasionally lifting up to 50 lbs. Use of hands to hold, lift and handle materials. Occasional climbing, bending and squatting. Significant portions of travel time (both car and air) may involve extended sedentary periods. Subject to weather and adverse driving conditions when outside.
Finance Manager(s) | Controller(s) FLSA: Exempt or Non-exempt
Exempt | Full-Time
*Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.