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Job Description
DIRECTOR OF FINANCE AND ACCOUNTING
JOIN US
Join us as continue to grow!
Where you work matters. At Beacon, we want team members who have a sense of excitement about their role and the company. We work hard to create a positive culture that focuses on our employees, our business, our customers, and our community. Our commitment to you will include competitive pay, multiple health and dental plan options, employer contributions if you select an HSA plan, 401(k) with match, tuition reimbursement, time off options that work for you, growth & development opportunities, fun events, and fantastic coworkers.
We are thrilled and humbled that our employees voted us as one of the Top 200 Workplaces in 2023!
What We Do
Beacon EmbeddedWorks is a full-service provider of embedded solutions. Our innovative System on Modules (SOMs) are backed by an extensive suite of customization, security, and support services and our dedicated team of experts provide in-house manufacturing and support to accelerate development and reduce risk.
All Beacon EmbeddedWorks SOMs are designed, manufactured, and supported in its US-based facility in Eden Prairie, MN. As dependable, pre-certified, and feature dense solutions, Beacon EmbeddedWorks SOMs serve the most strenuous applications, including medical, aerospace and defense, and industrial markets. Beacon EmbeddedWorks operates mostly in the US but also has a small customer base in continental Europe and the Americas.
Beacon EmbeddedWorks is part of the Magnetics & Controls division of discoverIE Group plc, a British company listed on the main London stock exchange where it is a member of the FTSE 250 index.
Position Summary
You will report to the Vice President of Finance and lead our accounting team. As a leader, you will help guide your team and develop their skills, capabilities, and careers while creating a positive work culture. The Director of Finance and Accounting will oversee key financial processes including forecasting, budget planning, performance reporting, business strategic analysis and others. This role will have a significant impact on the success of the organization, serving as a financial advisor, strategic planner, guiding processes, creating efficiencies, and ensuring the financial health and stability of the company. The ideal candidate will be detail-oriented, a critical and analytical thinker, strong communicator, and someone who can make a visible impact on a rapidly growing organization. Career growth opportunities are available.
Job Responsibilities
Supervisory Responsibilities
This role will lead and manage the Accounting Team, including overseeing day to day activities, development and growth, and performance management
Essential Responsibilities For This Role
- Own all aspects of Finance operations, including:
- Regular financial reporting (e.g., preparing monthly, quarterly, and annual financial statements), forecasts, planning, budgeting, financial analysis, cash management, and procurement
- Timely and accurately provide reporting of financial information to internal parties, government regulators and outside agencies
- Audit and improve productivity and effectiveness of current cross team processes
- Partner with the VP and other executive team members to support corporate finance activities, including M&A activities
- Manage and supervise all AR/AP cycles with external partners and customers – including the implementation of accounting and billing systems and controls
- Partner with HR on internal equity administration and planning
- Keep careful tabs on regular transactions, investments and any business deals that affect the bottom line
- Manage regular audits of expenditures, assets, and liabilities to achieve budget objectives
- Monitor transactions
- Manage and direct monthly, quarterly and year end close process
- Prepare periodic financial reports and provide supporting analysis
- Manage pricing and support customer quoting process
- Maximize return on financial assets by establishing financial policies, procedures, controls, and reporting systems
- Develop and maintain an effective and efficient set of internal controls to protect assets and ensure accurate and timely reporting
- Prepare and manage budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending and carrying out action plans
- Prepare ad-hoc reports by collecting, analyzing, and summarizing information and trends
- Manage the preparation of tax returns, qualified benefit plan reports and other government filings
- Review customer agreements and other customer related documentation, such as customer purchase orders, renewal documentation and contract amendments to identify the appropriate revenue recognition and assumptions of risk
- Monitor and maintain the company’s cash position
- Develop key performance metrics & regularly solicit feedback from stakeholders as to the effectiveness of both individual staff performance and the performance of the department as a whole
- Keep abreast of changes in reporting requirements and the effect the changes will have on the firm
- Leverage best practices and technology to optimize related processes.
Essential Responsibilities Of All Beacon EmbeddedWorks Employees
- Support, demonstrate and drive our core values
- Interact positively and professionally with all employees and customers
- Maintain reliable attendance
- Perform work safely and adhere to all safety requirements
- Perform other duties as assigned
Job Qualifications
Required Qualifications
- Bachelor’s degree in Accounting, Finance or Business Administration
- 15+ years of progressive accounting and reporting experience
- Demonstrated functional knowledge of multiple financial accounting competencies including AR, AP, PR, GL, fixed assets, cost accounting, financial reporting, treasury management and internal/external reporting including compliance with GAAP, FASB and/or accounting standards and pronouncements
- High integrity and sensitivity to confidential information
- Ability to work effectively across all functions of the organization
- Excellent communication, problem solving, and analytical skills
- Exceptional analysis skills using Excel
- Advanced level PC based skills – MS Word, PowerPoint, Outlook required and need the ability to build/understand complex financial models in Excel and Hyperion
- Strong strategic and proactive thinking
- Combination of hands on and vision of future capability
- Proven mentor and team developer
- Able to work in a fast-paced environment with quickly changing priorities to ensure superior stakeholder satisfaction
Preferred Qualifications
- MBA
- Certifications such as CPA, CFA, or CMA
Other Considerations
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee is regularly required to use hands and fingers to handle, feel, or operate objects, tools or controls, and reach with hands and arms
- The employee is frequently required to stand, talk and hear
- The employee may occasionally lift and/or move up to ten pounds
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- The noise level in the work environment is usually quiet, that of an office environment
- Travel may be required, infrequently
Position Type/Expected Hours of Work
- This is a full-time on-site position
- Typical days and hours of work are Monday through Friday, 8:00am to 5:00pm, but does allow for some flexibility
- It may be necessary to work more than 40 hours per week at times to produce the required results
Beacon EmbeddedWorks is an Equal Employment Opportunity and Affirmative Action Employer
