Vice President of Finance - Benchmark Products

Company Overview

Benchmark Products is a privately held, profitable 26-year-old company based in Lincolnshire, IL. The company’s product portfolio is targeted at pharmaceutical and medical device companies that operate in critical manufacturing environments (sterile production in clean rooms) and who place a premium on maintaining those environments. Products include unique technology that can be differentiated and commodities that are commonly distributed by others as well.

Position Summary

The position is responsible for the overall finance and operations of the business and partnering with the CEO to deliver value to the business. A special focus is to lead scaling up the business to support the company’s growth objectives. The role is accountable for the financial reporting, accounting operations, and FP&A support for the company. It is also responsible for leading the inventory, customer service, warehouse, and cleanroom operations for the business through the Director of Operations and oversees IT through 3

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party providers. The position reports directly to the Chairman/CEO and interacts heavily with internal (product management, marketing, and sales teams) and external stakeholders (lenders, customers, and key suppliers). 

Key Responsibilities

• Financial Management

  Partnering with the CEO for long- and short-term business results, including timely and accurate reporting.

  
  

• Operations Management

  Scaling the organization’s infrastructure (human capital, facilities, and IT) to support long-term growth objectives.

  
  

• Accounting and Controls

  Managing month-end close, maintaining the general ledger, and ensuring proper internal accounting controls for cash management.

  
  

• Other: Managing annual pricing initiatives, reviewing customer and supplier contract proposals, ensuring proper insurance levels, and maintaining sales and use tax obligations. The CFO is also expected to foster a culture of customer-centric results, high integrity, dedication, accountability, and a fun environment.

Qualifications

Required:

• A Bachelor's degree (Master’s preferred) in accounting or business administration, or equivalent business experience with 10+ years of progressively responsible financial management experience.
• Must be insurable to drive and able to travel by air.

Highly Desired:

• Experience leading the finance and accounting function within private equity-backed organizations.
• Professional experience in Distribution, Contract Development & Manufacturing Organization, Pharma, or Healthcare industry.
• Proficiency with Sage Accounting systems, Crystal Reports, MS Office (Excel, Word, PowerPoint), and experience in an ISO9001:2015 Quality Systems organization.
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designation.

Skills/Abilities/Competencies

• Initiative, integrity, excellent communication, relationship building, problem-solving, decision-making, results orientation, business thinking, negotiation, drive, energy, process improvement, presentation skills, organizing, and planning.

Physical Demands

Physical demands described here are representative of those that must be met by an employee to successfully perform the essential job functions. Although mostly sedentary, must be able to lift/move files and materials (usually less than 25 pounds), see and hear clearly, move around to retrieve files, attend meetings, etc. Eye/hand coordination for working on computers extensively. Ability to drive and travel by air.

General

This job description describes the general nature and level of work performed by the employee assigned to this position. It does not state or imply that these are the only duties and responsibilities assigned to the job. The employee may be required to perform other job-related duties as requested by the Chairman/CEO. All requirements are subject to change over time and to possible modification to reasonably accommodate individuals with a disability to perform essential functions.

Compensation

The total compensation package will be based on experience and will include a base salary that may range from $180K - $250K, an annual incentive bonus, a comprehensive benefits package, and a long-term incentive plan that may include a form of equity.