Finance Director chez Shank's Extracts, LLC d/b/a Universal Ingredients – Shank's
Shank's Extracts, LLC d/b/a Universal Ingredients – Shank's · Lancaster, États-Unis d'Amérique · Onsite
- Senior
- Bureau à Lancaster
Position: Finance Director
Location: Lancaster, PA
Status: Full-Time Salaried
Our Company
Shank’s Extracts, LLC d/b/a Universal Ingredients – Shank’s is a premier manufacturer of vanilla extracts, other extracts, natural and artificial flavors, food colors, syrups, and a range of other food and beverage ingredients. Shank’s quality products are widely distributed to industrial, private-label, and grocery customers worldwide.
Disclaimer: Shank’s Extracts manufactures various products that identify as major food allergens (milk, eggs, tree nuts, wheat, and soybeans) as well as several other food ingredients. We cannot guarantee you will not be exposed to skin and/or odor contact with these various ingredients. Your health and safety are our number one priority, and we will do our best to accommodate within reason.
Summary
The Finance Director is a key member of the executive leadership team, responsible for overseeing all financial operations, reporting, and compliance. This role requires a CPA with 15+ years of progressive accounting and finance experience, including significant leadership in manufacturing environments at a public company. The Finance Director will provide strategic insights, safeguard company assets, and ensure financial transparency to support decision-making at the highest level.
What You’ll Be Doing (Essential Duties)
Financial Planning, Reporting & Analysis
- Direct the preparation of monthly, quarterly, and annual financial statements in compliance with GAAP.
- Lead the annual budgeting process and rolling forecasts, ensuring alignment with strategic goals.
- Provide variance analysis and actionable recommendations to improve performance.
- Evaluate KPIs and dashboards to monitor financial and operational health.
Internal Controls & Compliance
- Refine and continuously improve a robust internal control framework across all financial and operational processes.
- Ensure segregation of duties, approval hierarchies, and audit trails are in place to safeguard company assets.
- Serve as the primary liaison with external auditors, ensuring timely and accurate audits.
ERP Implementation Oversight
- Provide oversight of the company’s Microsoft Dynamics implementation, ensuring alignment with financial, operational, and compliance objectives.
- Collaborate with IT, operations, and external consultants to design workflows that strengthen internal controls and improve efficiency.
- Oversee system testing, data migration, and user acceptance processes to minimize risk and disruption.
- Champion change management by training and mentoring finance staff on ERP functionality and best practices.
Manufacturing & Cost Accounting
- Lead cost accounting processes, variance analysis, and margin reporting.
- Monitor inventory valuation, production costs, and overhead allocation.
- Partner with operations to identify cost-saving opportunities and improve efficiency.
Pricing Models & Profitability Analysis
- Develop and refine pricing models that reflect raw material costs, production efficiency, and market dynamics.
- Partner with sales and marketing to establish competitive yet profitable pricing strategies.
- Conduct monthly margin analysis by product line, customer segment, and distribution channel.
Treasury & Risk Management
- Manage cash flow, working capital, and liquidity to support operations and growth.
- Ensure compliance with federal, state, and local tax regulations.
Leadership
- Partner with operations, sales, and supply chain leaders to optimize profitability and resource allocation.
- Serve as a trusted advisor to the President, local Senior leadership team, and the headquarters executive team providing financial insights that help shape business strategy.
- Lead, mentor, and develop the finance and accounting team, fostering a culture of accountability and excellence.
Minimum Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- Strong background in manufacturing finance, cost accounting, and inventory management.
- CPA designation required.
- 15+ years of progressive accounting and finance experience, with at least 5 years in a senior leadership role.
- Public company experience
- Experience with Microsoft Dynamics.
- Demonstrated expertise in internal controls design and implementation.
- Exceptional leadership, communication, and interpersonal skills.
Benefits
Available Immediately Upon Hire: Medical, Dental, Vision, FSA, HSA, EAP, ID Theft, 401K, and PTO
EOE M/F/Disabled/Vet Employer
All applicants must be authorized to work in the United States.
