VP of Finance
Rise Modular Minneapolis, MN
- Posted: April 09, 2021
VP, FinanceRise Modular is a full volumetric modular technology company serving the multi-family apartment and hospitality development sectors in the Midwest. Its headquarters and this position are based in Minneapolis, Minnesota with its first manufacturing facility in Owatonna, Minnesota. The company expects to grow to multiple manufacturing plants over the next 3 to 5 years.
The company is financially supported by a strong family office and is not dependent on venture or private equity capital. The company is also unique in its ability to self-develop through an affiliated development team.The company designs, engineers and manufactures industry leading full volumetric modular units for the multi-family apartment and hospitality industries in the Upper Midwest. In addition, the company's affiliated development arm executes select multi-family development projects and partners with other developers to bring key know-how of modular technologies and to share execution risk.Job...
DescriptionThe primary role and responsibility to oversee the finance department.ResponsibilitiesStrategy, Planning and Management Assess and evaluate financial performance of the organization regarding short- and long-term operational goals, budgets, and forecasts. Leverage systems and software to provide critical financial and operational information. Communicate, engage, and interact with owners, CEO, executive leadership team lenders, vendors, and potential investors.
Create and establish yearly financial objectives that align with the company's plans for growth and expansion. Participate in the selection and engagement of consultants and auditors. Recruit, interview, and hire finance, accounting and payroll staff as required.
Serve as a key member of Executive Leadership team. Participate in pivotal decisions as they relate to strategic initiatives and operational models. Participate in conference calls with ownership, lenders, vendors, and investors.Financial Analysis, Budgeting and Forecasting Prepare and present monthly profit and loss and forecast vs.
budget reports. Prepare weekly cash flow reports. Develop and maintain monthly annual operating budgets.
Create financial reports as required by CEO and ownership.Accounting, General Ledger, Administration and Operations Supervise the accounting department to ensure the proper functioning of all systems, databases, and financial software. Establish, review and ensure application of appropriate internal controls, compliance and financial reporting data. Oversee the preparation and timely filing of all local, state and federal tax returns.
Ensure compliance regarding all financial functions. Work with Human Resources and Legal to ensure appropriate legal compliance. Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation. Enhance and implement financial and accounting systems, processes, tools and control systems. Serve as a key point of contact for external auditors; manage preparation and support all external Audits.Financial Management Manage cash flow planning process and ensure funds availability.
Oversee cash, investments, and asset management activities. Explore new investment opportunities and provide recommendations on potential returns and risks. Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plan and operating budgets.Cash Management Oversee weekly cash management, approve large payables, sign checks, authorize large wires and ACH's. Supervise Accounts Receivable & Accounts PayableRequirements Bachelor's Degree in Accounting or Finance CPA preferred. MBA from top 10 business school preferred.
6 years minimum experience as a financial executive in an
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