Job #1857: Chief Financial Officer - CA (2/23/2023)

PakLab is a leading provider of high-quality contract manufacturing and product development services for mid-luxury and prestige brands as well as the world’s largest consumer products companies in the personal care, cosmetic, OTC and household products markets. We design, formulate, blend, fill, package, engineer, test and manage the related supply chain to meet our customer’s high standards. PakLab employs a world-class team of Engineers, Chemists, Microbiologists, Lab Technicians, Designers, and Packaging Specialists who oversee the process from conception to completion.

Job Description: As a key member of the Executive Management team, the Chief Financial Officer will report to the President and assume a strategic role in the overall management of the company. The CFO will have primary day-to-day responsibility for financial planning, implementing, managing, reporting and controlling all financial-related activities of the company. The CFO will work closely with Operations, Sales, R&D, and Quality departments of the company to develop policies, procedures, reporting, analysis, recommendations and to implement solutions for ongoing business issues. This includes direct responsibility for accounting, finance, forecasting, strategic planning, job costing, legal, property management, human resources, information systems and technology, deal analysis and negotiations, and lender and investor relationships.

As CFO you will be responsible for direct supervision of all accounting and financial functions. Your primary responsibilities include supervision of the monthly close process, monthly reporting, monthly preparation of a reforecast, annual preparation of a budget, assist in the preparation of quarterly tax projections and annual tax return preparation and all treasury administration. The CFO will also create and implement policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting processes more efficient and accurate.

The CFO will act as the President’s “financial window” into the company, ensuring that senior management, ownership and the Board of Advisors are apprised on an on-going basis of all actual or potential changes in the financial condition of the company. The CFO will be responsible for driving profitability improvements and cost containment leadership as well as providing financial analysis with recommendations and implementation of solutions. In addition, he/she will be responsible for effectively communicating the company’s performance, progress and prospects.
This is a highly influential and impactful role where collaboration is essential to success. We are seeking an exceptional people-focused executive with broad, hands-on technical, process improvement and project management skills to lead PakLab through our next stage of growth. Equally as important is an individual who has a high degree of self-awareness and experience inspiring and developing employees; creating a great work environment where the best come to work and stay.

Must Have Talents and Demonstrated Experience:
• Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
• Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends and forecasts.
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• Take hands-on lead position of developing, implementing, and maintaining a comprehensive job
cost system.
• Evaluate and advise on the impact of long-range planning, introduction of new programs/
strategies and regulatory action.
• Establish and maintain strong relationships with senior executives so as to identify their needs
and seek full range of business solutions.
• Provide executive management with advice on the financial implications of business activities.
• Manage processes for financial forecasting, budgets and consolidation and reporting to the
Company
• Provide recommendations to strategically enhance financial performance and business
opportunities.
• Ensure that effective internal controls are in place and ensure compliance with GAAP and
applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Planned and implemented successful corporate growth strategies and achieved corporate
objectives
• Provide innovative insights, drove key strategies and made decisions that delivered
• Successfully managed both time-sensitive and long-term projects
• Upgraded software systems – Accounting, ERP, Internal systems transitions on time and on
budget
• Evaluate and instituted new processes and systems for production scheduling, resource
planning, cost estimating, customer relationship management, quality assurance tracking,
preventative maintenance, purchase order and sales order processing.
• Lead processes to improve tools and protocols for security, quality assurance and risk
management
• Built a scalable capacity for an organization going through a high growth stage
• Fostered a culture around a “customer first” focus
• Made critical decisions in a timely manner; using excellent judgement with limited information
• Able to work well through ambiguity and adversity without losing sight of the desired outcomes
• Managed remote teams and/or outside resources in an intense environment
• Proactively identified inefficiencies in business practices and successfully executed fixes
• Offered innovative solutions and best practices that expedited deliverables
• Created a culture of information transparency and data driven analytics approach
• Engaged successfully with prospective and current customers
• Managed department budgets with a high degree of fiscal discipline
• Negotiated numerous agreements through managing a rigorous evaluation process
• Built and managed human resource strategies, communicated and enforced values, policies, and
procedures; implemented recruitment, selection, orientation, training, coaching, counseling,
disciplinary, and communication programs; and managed competitive compensation strategies.
• Updates job knowledge by remaining aware of new regulations, participating in educational
opportunities, reading professional publications, maintaining personal networks, and
participating in professional organizations.
• Participate with Vice President of Operations in managing strategic supplier relationships
• Oversee the company’s IT system
• Ensure compliance with the law and company’s policies

Knowledge, Skills, and Abilities Required:

• BS in Accounting or Finance, MBA and/or CPA highly desirable
• Minimum of 10+ years in progressively responsible financial leadership roles, preferably in contract manufacturing and the personal care products industry.
• Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses.
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Experience developing a scalable, high-performing platform with tested methodologies
• Legal acumen (lawsuits - Worker's Comp, Liability)
• Insurance acumen
• Formal project management training is a plus
• Broad technical expertise that will inspire and encourage creative, collaborative problem solving
• Demonstrated experience in vendor evaluation and contract negotiation
• Knowledge and mastery of defending the business case and comparative financial analysis
• Able seamlessly move between setting a strategy and executing/implementing tactical solutions
• Possess a well-rounded business background
• Proven results as business leader, providing value beyond traditional Finance/Accounting to cross functional areas
• Exceptional people and organizational leadership skills – professional and mature
• Track record of leading high performing teams - able to attract, inspire and retain all levels of talent
• Strong interpersonal and presentation skills
• Quickly establish rapport and credibility at all levels including the C- and Board level
• Able to analyze, organize, summarize and articulate complex legal and financial information
• Able to read and interpret agreements, then implement the relevant provisions of these agreements
• Detailed, organized and communicative
• Understanding, yet persuasive and decisive when dealing with others in the organization
• Responsive team player with ability to quickly prioritize among numerous pressing tasks
• Task and goal oriented and capable of functioning in an entrepreneurial and corporate setting
• Able to prioritize and work with multiple supervisors
• Credibility, ethical, full disclosure and clean financial history
• Confidential, understands the ethical standards of the role
• Ability to handle payroll including the potential conflicts
• Conscientious about timeliness of assignments and quality of work product
• Accountable for specific performance and able to hold others accountable
• Possess exceptional written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner
• Able to handle multiple tasks and maintain control and order over same

Interested members should e-mail resume to Steve Mayer at steveineb@gmail.com. Please mention that you are a member of EisnerAmper's Friends of the Firm program. Make sure to include Job #1857 in the subject line and to copy friendsoffirm@eisneramper.com on your email.