Director of Finance and Controller
Company Information:
Voadera sells name brand products in a wide variety of categories. The company has been in business for 8 years, has 5 locations throughout the US, and is headquartered in the Minneapolis area. In addition, the company has an office overseas which handles many of the technical and administrative support aspects of the business. Voadera is one of the fastest growing E-commerce companies in the US, and Voadera has aggressive growth plans to continue to expand its customer base by expanding partnerships with brands, vendors, and suppliers.
Job Summary:
The Director of Finance and Controller, reporting to the CEO, will play a crucial role in overseeing the financial management and compliance at our company. This position will be responsible for tax compliance, financial statement preparation, cash flow management, payroll processing, and providing financial guidance. The Director of Finance and Controller will ensure timely and accurate filing of tax returns, maintain legal financial compliance with IRS regulations, and maximize revenue through sales tax refund claims. They will also be responsible for preparing accurate financial statements, conducting cost analysis, and providing insights to improve profitability. The Director of Finance and Controller will review government fees and services to avoid overcharging, contribute to the company’s financial strategy, and optimize cash flow by monitoring accounts receivable and payable. This position requires strong analytical skills, attention to detail, and the ability to collaborate with various stakeholders. The Director of Finance and Controller will play a pivotal role in driving financial decision-making and ensuring compliance with financial regulations, contributing to the continued success and growth of our company.
Responsibilities:
- Ensure tax compliance by filing personal and company tax returns, including the 1120 form.
- Maintain legal financial compliance with IRS regulations and stay updated on tax laws.
- Prepare accurate and timely financial statements, including cash flow and net income statements.
- Maintain meticulous bookkeeping records to provide transparency and comfort to partners.
- Manage payroll processing, ensuring accurate and timely payment to employees.
- Provide financial guidance, including cost analysis, to identify areas for improvement and increase profitability.
- Review government fees and services to avoid overcharging and process reimbursements when applicable.
- Assist in building the company’s financial strategy based on the vision, including budgeting and property purchasing.
- Monitor cash flow, prepare cash flow statements, and provide recommendations for improving liquidity and managing working capital effectively.
- Manage the organization’s capital structure, including debt and equity.
- Evaluate investment opportunities and provide recommendations for capital allocation decisions.
- Implement and oversee cost-saving measures to improve net margin.
- Ensure compliance with financial and tax regulations, as well as other legal and regulatory requirements.
- Maintain relationships with auditors, regulatory bodies, and other stakeholders.
- Conduct financial audits to reconcile accounts and ensure accuracy.
- Develop and execute risk mitigation strategies and internal controls.
- Identify opportunities to enhance financial transparency.
- Establish and maintain professional connections to attract top talent to the organization.
- Continuously analyze business trends and market conditions to make data-driven decisions.
- Implement real-time KPI monitoring systems to track key performance indicators.
- Continuously source and evaluate creative investment opportunities that align with the organization’s financial strategy.
- Lead the development of an auditing program to guarantee that all assets, especially inventory, are accurately processed and accounted for.
- Finalize and implement competitive compensation packages.
- Manage company pricing team to optimize selling items in the best timeframe at the best price.
- Implement automation systems to systemize processes and make them more efficient.
- Implement real-time KPI monitoring systems for tracking high-level business metrics.
- Develop systems and software for weekly reporting on essential business data.
- Collaborate with the purchasing department to optimize product profitability and explore growth avenues.
- Implement and oversee cost-saving measures to improve net margin.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA or CMA designation preferred.
- Proven experience in tax compliance, financial statement preparation, and cash flow management.
- Strong knowledge of IRS regulations, tax laws, and sales tax refund processes.
- Proficiency in accounting software and financial management systems.
- Excellent analytical skills with attention to detail.
- Strong communication and collaboration abilities.
- Ability to work independently and meet deadlines.