Chief Financial Officer at HUMAN TECHNOLOGIES CORPORATION in Utica, New York

Job Description:

Accounting Operations
Oversee the financial statement close process for multiple entities, ensuring timely and accurate reporting in compliance with relevant accounting standards. Managing the consolidation of financial statements for subsidiaries and affiliated entities, ensuring alignment with regulatory requirements and corporate policies. Prepare timely and accurate analyses, summaries and reports of financial data on the operating progress of the company. Analyzes financial statements and presents information to the companys leadership team on a bi-monthly basis. Ensures adherence to FASB/ GAAP standards in all financial operations. Provide technical advice and knowledge to others within the financial discipline. Produces and delivers required financial records and documents on a timely basis.
Monitors and implements financial operational best practices for continual improvements (efficiency and effectiveness)
Financial Planning & Analysis
Provide strategic financial input and leadership on decision-making issues affecting the organization. Manages corporate budgeting process.
Develops financial forecasts and models for business strategic planning.
Continual improvement of the budgeting process through education of department managers on financial issues affecting their budgets. Provides updates on status of financial results and ongoing initiatives; counsels management as appropriate on underperformance or required corrective actions.
Establishes financial benchmarks and analytics to measure results.
Risk Management & Insurance
Evaluates risk and insurance requirements with external brokers and develops risk mitigation strategies.Manages insurance portfolio, including periodic review of required coverages.Ensure compliance with regulatory requirements and mandates.Review all contracts and purchasing agreements with General Counsel to ensure optimal terms and vendor compliance.
Board of Directors Support
Acts as primary management liaison with Board of Directors Finance and Audit committees.Develop credibility with the Board by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist and the organization in meeting its mission.Prepares meeting agendas and facilitates meetings.
Treasury, Cash Management, and Financing
Establishes and maintains relationships with banks and other key financing partners.Develop a reliable cash flow projection process and reporting structure that includes a minimum cash threshold to meet operational needs.Prepares monthly Borrowing Base Compliance (BBC) reports and quarterly and annual debt covenant compliance reports.Monitors status of cash on-hand to meet current/ anticipated financial obligations.Actively engages internal or external parties to modify payment terms and minimize impact of deficits or unanticipated cash obligations.
Financial Systems/ Processes
Evaluates and deploys technology solutions to optimize ease of use, accuracy, and timeliness of financial operations.Modifies internal processes and procedures, consistent with best/ emerging practice.Ensures staff are trained and proficient in the use of all systems tools.
Employee Development
Manages the Accounting, Financial Reporting, Accounts Payable & Receivable and Payroll staff members. Evaluate and develop finance staff professionally with emphasis on opportunities for individuals, where possible.
Supports and assists with recruitment and retention activities for area of responsibility.Provides on the job training to employees and monitors performance to ensure direct reports are competent or moving to competency in their assigned positions.
Additional Responsibilities
Perform due diligence on acquisitions and new business opportunities to collect and assess all financial and legal documents to provide key insight and recommendations to decision makers. Initiates Requests for Proposal (RFPs) for major technology, service, capital, or other major purchases, in conjunction with appropriate stakeholders. Establishes decision criteria and review process for RFPs; Coordinates selection process, SOW/ contract negotiations, and execution of final contracts. Prepare Quarterly Employment Report (QER) required by the company, AbilityOne, and/or NYSID. Actively participates in corporate safety initiative to reduce loss time incidents and workers compensation expenses. Follows all safety procedures, creating a safe working environment and practicing and training employees in safe and proper work habits and equipment use. Model respectful, civil behaviors and communications with all employees, customers, vendors and partners on behalf of the corporation in performing duties. Perform other duties as assigned by the President/CEO.