JOB TITLE Director of Finance

REPORTS TO President

SUMMARY OF JOB PURPOSE

Responsible for the accuracy, completeness, and timeliness of Thermalex financial reporting.

KEY DUTIES

1. Manage the Accounting department.

2. Manage and track the financial status of the company through actual, forecast and budget reporting.

3. Ensure general accepted accounting principles are followed.

4. Ensure sufficient monetary funds are available and manage to meet the goals of the company.

5. Develop a cost accounting program to allow a proactive approach by the management team in the use of available funds.

6. Ensure costs for poor quality are captured and reported for management review.

7. Control the use of capital funds.

8. Report on major cost drivers to include trend charts and cost reduction recommendations.

9. Purchase and maintain insurance to cover the assets and directors of the company.

10. Provide APQP support from an Accounting and Costing standpoint.

11. Negotiate and maintain bank agreements.

12. Preparation and input of various monthly journal entries, including those associated with banking activities, payroll, fixed assets, materials usage, and inventories.

13. Preparation of the monthly financial package.

14. Analyze the A/R accounts that are past due on a weekly basis and present the findings in the Staff Meeting.

15. Prepare or approve wire transfer payments on banking websites.

16. Perform funding of payroll and dental benefit bank accounts as needed.

17. Perform remote deposit of checks received at Thermalex.

18. Perform Positive Pay process on issued checks.

19. Prepare daily Funding Review report.

20. Review and approve monthly bank account reconciliations prepared by A/P clerk.

21. Calculate amounts due to the state, city and county for sales & use tax and oversee payment by check or EFT.

22. Oversee payment of state and federal income taxes.

23. Prepare and issue Form 1099's each January.

24. Prepare the monthly Borrowing Base Report.

25. Prepare the monthly Coating Material Usage report and submit it to the Environmental Engineer.

26. Prepare the Bridge Analysis.

27. Update the bank covenant schedule on a quarterly basis.

28. Prepare all forms and schedules related to the annual renewal of insurance policies.

29. Prepare schedules related to the annual renewal of Worker's Compensation insurance.

30. Prepare the annual "Self Audit" for Worker's Compensation insurance.

31. Prepare and maintain the schedule of open and closed capital projects.

32. Enter and maintain assets in the fixed assets system (FAS).

33. Assist in preparing schedules related to the budgeting process.

34. Work with outside auditors to ensure they are provided with all requested data & information during audits.

35. Review and approve A/P checks on a weekly basis.

36. Responsible for setting up new suppliers in the QAD system.

37. Audit physical inventories (WIP, finished goods, supplies) in plant.

38. Prepare and submit all government reports.

39. Other job duties as assigned.

KEY RESPONSIBILITIES

1. Ability to complete an assigned task in a safe manner and in a constant state of alertness and must understand and follow all safety and quality rules and procedures.

2. Must be able to work in a cooperative manner with craft workers, laborers, subcontractors, co-workers, supervisors, and others on the jobsite and in the office.

3. Must be able to follow company policies and procedures.

4. Other job duties as assigned.

SPECIALIZED SKILLS

Sound knowledge of the accounting system. Good organizational skills. Effective communication skills.

Proficient computer skills with working knowledge of Excel, Microsoft Word, and Power Point software.

EDUCATION (OR EQUIVALENT EXPERIENCE)

B.S. in Accounting (or related field)

10+ years of accounting experience

WORKING CONDITIONS

• Majority time in office environment and sitting. Frequently use fine manipulation. Infrequent walking and standing. Must follow all safety requirements carefully when in the production area.