Chief Financial Officer

Chief Financial Officer

Raymond Storage Concepts is a leading provider of customized material handling solutions, dedicated to warehouse and fleet optimization. Covering Ohio, Kentucky, Southeast Indiana and West Virginia, Raymond Storage Concepts is an authorized sales and service center for Raymond Corporation, a global leader in materials handling technology, expertise and support. Headquartered in Cincinnati, we service our clients through a network of regional locations, including Columbus and Louisville. 

Position Overview

The Chief Financial Officer plays a critical role in overseeing the organization’s financial health, ensuring accurate reporting, and driving strategic improvements across departments. This position requires a hands-on approach to analyzing financial data, maintaining compliance, and collaborating with stakeholders to support both short- and long-term goals. By providing actionable insights and ensuring sound financial practices, this role directly contributes to the organization’s success and sustainability.

 

Responsibilities include, but not limited to:

• Financial Performance Monitoring and Improvement
  • Analyze financial performance to identify trends, areas for improvement, and strategic opportunities.
  • Collaborate with the accounting team to establish and track annual and quarterly goals, ensuring prioritized focus areas are addressed.

• Risk Mitigation
  • Monitor general financial conditions to proactively identify and mitigate potential risks.
  • Conduct contract reviews to assess terms and mitigate risks.
  • Ensure compliance with J-SOX compliance.
  • Oversee annual insurance data compilation and evaluate coverage levels and rates.

• Financial Oversight
  • Review financial statements monthly to ensure technical accuracy, address issues, and highlight areas for improvement.
  • Deliver detailed commentary on monthly financial performance to internal stakeholders and external entities such as banks and auditors.
  • Prepare and submit quarterly lease reports, ensuring compliance and accurate documentation.
  • Review and monitor building leases for rate changes, renewals, and impacts on financial reporting.
  • Provide high-level payroll and commission reviews.

• Banking and Financial Relationships
  • Maintain relationships with Raymond Finance and local banks to ensure sufficient borrowing capacity for daily operations and project financing.
  • Manage relationships with financial auditors and tax consultants, ensuring regulatory compliance and optimized tax strategies.

• Forecasting and Budgeting
  • Develop and present a rolling three-month revenue and profit forecast.
  • Coordinate multiple budget iterations throughout the year with departments, accounting, and executive teams, providing detailed commentary.
  • Cash flow forecasting and related bank financing.

• Accounts Receivable and Inventory Management
  • Oversight of Accounts Receivable, driving resolutions for high-dollar accounts.
  • Collaborate with accounting and sales teams to monitor and enhance truck inventory levels.
  • Oversight of general company inventory levels for other equipment.

• Internal Communication and Leadership Support
  • Partner with various departments to understand performance metrics, provide actionable insights, and drive improvements.
  • Share financial updates and insights in P27 meetings, leadership development sessions, and other organizational meetings.
  • Offer guidance to the accounting team and other departments on complex transactions and financial decisions.
  • Drive continuous improvement efforts in the finance and accounting teams. 

• Perform other duties as assigned by the President.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field (required).
• Master’s degree in Accounting, Finance, or Business Administration (