Daubert Chemical Company Looking for Chief Financial Officer VP at Burr Ridge, IL Full Time

Daubert Chemical Company. For close to 90 years, we are a chemical company by name, but in practice we are a solution provider to customers, engineers, and fellow scientists in a variety of industries. Our coatings can be found in over 80% of the vehicles on the road in North America, preventing damage from road debris and corrosion. Our lubricants protect some of the largest machines in industry, such as earth moving equipment in the mining industry, and casters pouring molten iron in the steel industry. Our people are determined and humble, believing that what they do provides the world with a safer existence through more reliable machinery.

Daubert is looking to hire its next CFO. The CFO reports to the CEO, is the top the top financial position at Daubert as the appointed VP by the Board of Directors, and is responsible for leadership in the financial and operational well-being of the organization. The CFO analyzes Daubert’s strengths and weaknesses and proposes strategic directions using financial data to challenge the business and contribute to operational excellence.

Essential Duties And Responsibilities

• Directs the preparation of all financial statements, including monthly and year end income statements, balance sheets, shareholder reports, tax returns and government agency reports.
• Reports on Daubert’s present financial situation to the Executives, Shareholders, Auditors, and external Business Analysts.
• Establishes the accounting policies, procedures, and internal controls, recommending improvements to ensure the integrity of the company’s financial information follows applicable tax code, laws, and regulations. Ensures fiduciary responsibilities are carried out in all facets of the organization.
• Responsible for Daubert’s short-term and long-term financial growth. Oversees day-to-day cash flow.
• Evaluates requests for capital, ensures projects are funded properly, supports Daubert’s strategic plan, and provides complete transparency of the financial data to the Shareholders.
• Coordinates and executes the annual budgeting and planning process with the Executive Officers. Monitors department monthly and annual spend vs budget. Reports sales and profit projections and compares actual figures and budgeted expenses to actual expenses. Keeps the Executive Officers and Shareholders aware of any necessary adjustments to future projections and budgets.
• Works with the Executive Officers on the financials necessary to achieve the strategic plan.
• Identifies and manages business risks and insurance requirements.
• Works with Human Resources Director on the evaluation, selection, and development of the employee benefits package.
• Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
• Develops, reviews, approves, and maintains employee, customer, supplier, and 3rd party agreements.
• Manages the relationship with independent auditors.
• Makes appropriate payments to the IRS.
• Manages the Stock Appreciation Rights Agreement (SARS), Employee Stock Option (ESOP), 401(k) and bonus incentive programs. Serves as a Trustee Fiduciary for Daubert’s retirement plans.
• Oversees Daubert’s legal obligations, advisors, and litigation.
• Other responsibilities as necessary.

Supervisory Responsibilities

• Manages and leads the staff in accounting, finance, accounts payable and receivable, credit, collections, and oversees the IT functions (hardware & software).

EDUCATION And/or EXPERIENCE

• Advanced degree in business administration, finance, accounting, or economics required. MBA preferred.
• Ten or more years of related experience and/or training required. Equivalent combination of education and experience.
• Certifications are highly desirable i.e., Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Chartered Accountant (CA), Certified Financial Planner (CFP), Certified Management Accountant (CMA), etc.
• Preferred strong background in management, accounting, investment banking, business analysis, specialty chemical manufacturing and IT.

Communication Skills

KNOWLEDGE, SKILLS, and ABILITIES

• Ability to read, analyze, and interpret financial reports, and legal documents.
• Able to create clear, concise, and persuasive reports, presentations, and other documents.
• Ability to respond to common inquiries or complex issues from executives, shareholders, customers, regulatory agencies, or members of the business community.
• Ability to effectively prepare and present information in meetings to top management, public groups, and the Board of Directors.
• Ability to clearly articulate ideas and be able to listen to and understand the perspectives of others.
• Able to build and maintain relationships with a variety of stakeholders.

Economics, Accounting &Mathematical Skills

• Mastery of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Common concepts include (but not limited to): Profit/Loss, Net Present Value, Discounted Cash Flow, Cycle Times, Standard and Real Cost to Produce, Loan Payments, Remaining Principle, Cost of Capital, Profit Margin, Balance Sheets, Amortization, Financial Statements, etc.

Reasoning Ability

• Ability to identify and solve problems that affect the company’s financial performance.
• Ability to make sound financial decisions that are in the best interests of the company and the shareholder’s investment.

Management

• Motivates, develops, trains, mentors and directs people as they work, identifying the best people for the role.
• Manages resources effectively and ensures the appropriate use of equipment, facilities, and materials needed are procured to execute the work.

Systems Analysis & Evaluation

• Understands the implications of new information for both current and future problem-solving and decision-making activities.
• Analyzes operational needs and suggests viable solutions.

Computer Skills

• Must be proficient in the Microsoft Office Suite of products i.e., Outlook, Excel, Word, PowerPoint, Teams, and SharePoint. Advanced Excel skills are required.
• Must have complete command of an ERP System, with preference to those that have Microsoft Dynamics 365, SAP, IBM AS400, Datacor, or Oracle NetSuite experience with a chemical specialty manufacturer.

Please upload cover letter with resume.

Compensation & Benefits

• Competitive base salary and bonus incentive plan.
• BCBS of Illinois Medical & Dental. Vision Service Plan.
• 401(k) Savings Plan + generous Company Match.
• Paid time off with 11 annual Holidays.
• Disability, Family, & Military Leave
• Life Insurance (Whole & Term), Identity Protection and more!

Relocation assistance is not available. Must be authorized to work in the U.S.

Equal Opportunity Employer: Minority/Female/Disability/Veteran.

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