Vice President of Finance and Accounting

Company: Digital Factory, Inc.
Location: Chicago
Posted on: November 14, 2024

Job Description:

Vice President of Finance and AccountingWANT TO JOIN OUR TEAM?WE CAN'T WAIT.JOB DESCRIPTIONThe Vice President of Finance and Accounting will oversee the financial management and accounting practices of the organization. This senior leadership position is responsible for financial reporting, budgeting, audits, and ensuring compliance with statutory law and financial regulations. This role is crucial in providing strategic financial insights that aid in long-term and short-term decision making.Department: Executive Reports to: Lawrence Griffith, Location: Chicago, IllinoisTHIS POSITION WILL ENTAIL:

• Directing all aspects of accounting operations, overseeing all transactions related to general ledger, receivables, payables, payroll and financial reporting.
• Analyzing company's financial results with respect to profits, trends, costs and compliance with budgets. Issue regular status and ad hoc reports to senior management.
• Providing strategic guidance around capital financing options to support company growth needs.
• Developing and coordinating all relationships with lending/financial institutions.
• Developing and maintaining all necessary accounting policies and systems, including general ledger and financial reporting. Ensuring that records are maintained in accordance with generally accepted accounting principles.
• Assisting senior management in financial planning and results management. Work with other team members to understand revenue and cost drivers and define appropriate reports for tracking.
• Coordinating, preparing and reviewing monthly, quarterly, and annual reports.
• Coordinating and/or preparing tax schedules, returns and information.
• Managing relationships with insurance providers and ensuring compliance.
• Managing all tax planning and compliance with all required federal, state, local, payroll, property and other applicable taxes.
• Managing and tracking the performance of invested assets in keeping with policies and investment guidelines.
• Other duties as assigned.DESIRED SKILLS QUALIFICATIONS:
• Strong leadership and managerial abilities.
• Exceptional verbal and written communication skills.
• Advanced knowledge of accounting best practices, laws, standards, and state/national regulations.
• Analytical ability to develop and implement improvements or recommendations.
• Able to work well with senior executives and team, as well as mentor/lead other team members.REQUIRED EDUCATION AND WORK EXPERIENCE:
• Bachelor's degree in Accounting, Finance, or related field.
• At least 10 years of relevant experience in a senior finance or accounting position, with a proven track record in finance management.PREFERRED QUALIFICATIONS:
• Master's degree in Business Administration (MBA) or Finance.
• Experience in the industry in which the company operates.
• Experience with financial reporting requirements.CERTIFICATIONS:
• CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification is strongly preferred.Digital Factory is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.Digital Factory is an Equal Opportunity Employer
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Keywords: Digital Factory, Inc., Lombard , Vice President of Finance and Accounting, Executive , Chicago, Illinois