Description:

Derecktor is seeking a Business Operations Manager to support the overall operational and financial performance of the New York facility. This role is responsible for overseeing business operations, financial management, and administrative functions while ensuring compliance with policies and financial reporting standards.

The Business Operations Manager will work closely with leadership to improve operational efficiency, manage financial reporting, and support strategic decision-making. The ideal candidate will combine strong operational leadership with the ability to perform high-level financial oversight similar to controller-level responsibilities.

Reports to:

Chief Financial Officer

Classification:

Exempt

Supervisory Responsibility:

Accounts Payable

Essential Duties and Responsibilities:

These shall include, but not necessarily be limited to the following:

• Oversee day-to-day administrative and business operations of the New York facility.
• Partner with operations leadership to improve efficiency, processes, and reporting across departments.
• Develop and maintain operational policies and procedures to support organizational goals.
• Collaborate with department leaders to support planning, budgeting, and operational initiatives.
• Monitor operational performance metrics and recommend improvements to leadership.
• Establish and maintain financial policies and procedures in accordance with GAAP (Generally Accepted Accounting Principles).
• Prepare and review monthly financial statements for the facility and ensure accuracy of financial reporting.
• Support the preparation and consolidation of quarterly and annual financial statements.
• Conduct financial analysis and account reconciliations in preparation for internal and external audits.
• Coordinate with corporate accounting and external auditors during audit processes.
• Review contracts and agreements to ensure compliance with financial and accounting standards.
• Oversee Accounts Receivable and Accounts Payable functions to ensure adherence to established policies and procedures.
• Ensure accurate and timely billing, collections, and payment processing.
• Conduct monthly bank reconciliations and verify financial transactions and balances.
• Prepare and maintain cash flow projections and monitor cash activity to support operational needs.
• Manage relationships with financial institutions regarding credit facilities, borrowings, and banking services.
• Monitor compliance with loan agreements and banking covenants.
• Address tax matters with federal, state, or local authorities when necessary and work with external tax professionals to resolve issues.
• Support financial planning efforts and provide insights that inform operational and strategic decisions.
• Identify opportunities for process improvements and implement best practices to enhance financial and operational performance.

Knowledge, Skills, and Abilities:

• Ability to prioritize and manage multiple responsibilities and deadlines effectively.
• Strong attention to detail and accuracy in financial reporting and analysis.
• Demonstrated leadership and decision-making abilities.
• Commitment to continuous improvement and process optimization.

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field;
• CPA certification
• 7–10 years of experience in finance, accounting, business operations, or a similar leadership role.
• In-depth knowledge of GAAP, financial principles, practices, and regulations.
• Strong analytical skills with the ability to interpret complex financial data.
• Excellent communication and interpersonal skills to collaborate effectively with internal teams and external auditors.
• Advanced proficiency in accounting software and Microsoft Excel.