- Client: Manufacturing Solutions, Inc.
- Website: msivt.com
- Role: Chief Financial Officer
- Location: Morrisville, Vermont
About Manufacturing Solutions
Since 1996, Manufacturing Solutions Inc. (MSI) has been a trusted provider of contract manufacturing services, logistics, and fulfillment. Based in Morrisville, VT, MSI’s 200-person strong team is dedicated to delivering competitive solutions that prioritize quality, delivery, and productivity, enabling clients to focus on their core business strategies. At MSI, our strong organizational culture is driven by our core values: accountability, flexibility, collaboration, productivity, solutions orientation, diversity, and wellness. Join us as we grow and innovate together!
Your Impact
MSI is seeking a dynamic and experienced Chief Financial Officer (CFO) to join our executive team. The CFO will play a crucial role in shaping our financial objectives and driving our strategic expansion. While overseeing all aspects of the finance and accounting organization, we are also seeking a strategic leader capable of scaling our operations while managing business risks. The ideal candidate will excel at balancing short and long-term needs across functions to advance the business in alignment with MSI's strategy and values and will not hesitate to engage in hands-on work when necessary. As part of our tight-knit team and a family-run business, we value leaders who can seamlessly transition between strategic planning and practical implementation. MSI is poised for sustained rapid growth and this is an exciting opportunity for a CFO to make a significant impact and contribute to our continued success.
Your Role
Strategy:
- Serve as a key strategic advisor to the CEO and COO, providing insightful financial analyses and actionable recommendations to drive informed business decisions.
- Collaborate with the leadership team to develop and execute a comprehensive financial business strategy that optimizes revenue generation while effectively controlling expenses to enhance customer service and quality.
Financial Analysis:
- Utilize advanced data analysis techniques to identify sales trends, analyze labor and material costs, and develop comprehensive company-wide annual budgets and 3-year business forecasts incorporating high/low/nominal sales revenue models and corresponding expense projections.
- Identify and communicate opportunities to maximize return on investment (ROI), outlining the potential trade-offs of investments across different business segments.
Finance Operations:
- Lead the Accounting and Finance departments, ensuring alignment with MSI's mission and values, and fostering a high-performing team through staff training, orientation, performance evaluations, and effective mentorship and coaching to cultivate a culture of continuous learning and professional excellence.
- Oversee the implementation and optimization of financial software systems to streamline accounting processes, enhance financial reporting accuracy, and improve decision-making capabilities.
- Participate in business development efforts, including negotiating contracts and developing new business opportunities to support MSI's growth objectives.
Transactional:
- Oversee debt and equity financing activities, strategically managing cash flow and reviewing loan rates to minimize interest expenses and optimize financial resources for MSI; maintaining relationships with creditors.
- Manage the coordination and services of independent accountants, ensuring timely resolution of financial reporting issues and compliance with regulatory requirements.
Fiduciary:
- Coordinate all financial reporting activities including organizational and divisional revenue/expense and balance sheet reports, reports to funding agencies, and the development and monitoring of organizational and contract/grant budgets.
- Produce monthly financial reports, including reconciliations with the 401k plan, balance sheet, profit and loss statement, fixed asset workbook, accounts payable, accounts receivable, and cash flow projections.
- Ensure compliance with all federal and state tax-related filings requirements.
Required Experience
- Minimum of 5 years of experience in finance management, with at least 3 years in a CFO role or similar position required.
- Bachelor’s degree in accounting, business administration, or a related field required; CPA desired.
- Demonstrated expertise in GAAP accounting principles and strategic financial planning.
- Proven history of driving financial p