Finance Manager - Boca Raton, United States - Maksiwa International Inc

Description

About us Maksiwa International Inc,

A thriving small business located in Boca Raton, FL, prides itself on being professional and agile, with a steadfast commitment to customer satisfaction.

Our journey began in 1983, starting from the humble southern outskirts of Brazil, expanding across greater South America, and eventually reaching a network of 1800 distributors worldwide.

Maksiwa has left its mark in all 50 states of America, reflecting our 40 years of invaluable experience. Our success is rooted in innovative engineering, unwavering commitment to quality control, and exceptional customer service. With four decades of hands-on experience in designing and manufacturing machines, we have honed our expertise.

We understand that meticulous attention to detail and consistent quality control are essential elements that place people at the heart of our operations.

This approach ensures that our innovative engineering solutions for woodworking needs seamlessly align with our dedication to providing excellent customer service.

At Maksiwa International Inc, our story is one of continuous growth, excellence, and a relentless pursuit of meeting and exceeding the expectations of our valued customers.

Position:
Finance Manager

Reporting to:
CEO

Requirements:

• Bilingual (English and Spanish/Portuguese)
• Live within 15 miles of the business location Boca Raton, FL 33487

Benefits:

• Salary paid biweekly.
• Annual Bonuses based on performance.

- (3) Sick days.

• 401k Retirement Plan 5% + 5% match.
• Two weeks paid vacation per year.
• Federal Holidays Paid. Weekends off.
• Opportunity for advancement.

Responsibilities and Duties

Budget 2024 (Budget Plan):

• Develop and implement the annual budget for the organization, ensuring alignment with strategic objectives and financial goals.
• Collaborate with department heads to gather budget inputs, review historical data, and forecast future expenses and revenue streams.

Cash Flow Analysis and Forecasting (Planning):

• Conduct regular cash flow analysis to monitor liquidity and ensure adequate funds are available for operational needs.
• Prepare shortterm and longterm cash flow forecasts to support strategic decisionmaking and identify potential cash flow gaps or surpluses.

Expense Reduction Plan:

• Identify opportunities for cost savings and efficiency improvements across the organization.
• Develop and implement expense reduction initiatives, working closely with department heads to streamline processes and eliminate unnecessary expenses.

Audit and Inventory Process:

• Oversee the audit process to ensure compliance with regulatory requirements and internal controls.
• Coordinate inventory management activities, including regular stock counts, reconciliations, and adjustments.

Financial Statement Reporting:

• Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Analyze financial data to identify trends, variances, and areas for improvement, and present findings to senior management.

Margin Reporting:

• Analyze profit margins for products, services, and business units to assess profitability and inform pricing decisions.
• Prepare margin reports highlighting key performance indicators and trends, and provide recommendations for margin optimization.

Financial Planning and Analysis:

• Lead financial planning processes, including forecasting, budgeting, and variance analysis.
• Collaborate with department heads to develop financial forecasts and models that align with business objectives.

Risk Management:

• Assess financial risks and develop strategies to mitigate them, including interest rate risk, currency risk, and credit risk.
• Implement risk management policies and procedures to safeguard the organization's financial assets.

Investment Management:

• Evaluate investment opportunities and make recommendations to optimize returns while managing risk.
• Monitor investment portfolios and performance, adjusting strategies as needed to achieve financial goals.

Cost Analysis and Profitability Improvement:

• Conduct thorough cost analysis to identify opportunities for cost reduction and efficiency improvement.
• Work crossfunctionally to implement initiatives that enhance profitability and drive financial performance.

Financial Forecasting and Scenario Analysis:

• Develop financial forecasts and conduct scenario analysis to assess the impact of different business decisions and market conditions.
• Provide insights and recommendations to senior management based on the results of scenario analysis.

Cash Management and Working Capital Optimization:

• Manage cash flow to ensure the organization maintains optimal liquidity and working capital levels.
• Implement strategies to minimize idle cash, optimize cash conversion cycles, and maximize return on investment.
• Loans management.

**Financial Systems and Proc