Chief Accounting Officer
Job description
Silver Bay Seafoods is a privately held food processing
leader with approximately $1billion in annual revenue and operations across
multiple locations. As the Company continues to grow and prepares for its next
phase, it seeks a strategic, accomplished, and hands-on Chief Accounting
Officer (CAO) to strengthen its accounting organization and support long-term
enterprise readiness.
Reporting to the Chief Financial Officer (CFO), the CAO will
hold executive responsibility for the integrity of the Company’s accounting and
financial reporting functions. This leader will oversee corporate and
operational accounting, strengthen inventory and cost accounting controls
across all facilities, and build the technical accounting, financial reporting,
and Sarbanes-Oxley (SOX) infrastructure required for a large, best in class company-accounting
organization.
This role is designed to strengthen enterprise-wide
accounting discipline, prepare the Company for public-company reporting
requirements, and create scalable processes that support continued growth.
Success will require an executive who can set strategy, establish clear
accountability, and remain closely engaged in operational execution.
Core Responsibilities
The CAO will provide executive leadership across the
following areas:
- Financial Reporting Integrity: Ensure the
- completeness, accuracy, and integrity of the Company’s consolidated financial
- statements in accordance with U.S. GAAP.
- Close and Consolidation: Lead monthly, quarterly, and annual close and
- consolidation processes, ensuring rigor, consistency, accountability, and
- timely execution across corporate and field locations.
- SEC Reporting: Establish and oversee company reporting processes,
- including processes that are able to prepare Forms 10-K, 10-Q, and 8-K, related
- financial disclosures.
- Audit and Governance: Serve as the principal accounting liaison to
- external auditors, lead quarterly reviews and annual audits, and advise the CFO
- on significant accounting policies, judgments, and control matters.
- Cross-Functional Alignment: Partner with FP&A and executive
- management to ensure that operational decisions and management reporting are
- supported by standardized, reliable financial data.
- Technical Subject Matter Authority: Act as the Company’s primary
- authority on complex U.S. GAAP interpretation, technical accounting research,
- and formal accounting position memoranda.
- Transaction Execution: Provide accounting leadership for complex
- business transactions, including mergers and acquisitions (M&A),
- divestitures, credit facility/financing arrangements, equity compensation, and
- corporate restructurings.
- Governance and Regulatory Standards: Monitor emerging SEC and FASB
- developments, lead implementation of new accounting standards, and establish
- disclosure controls that would support CEO and CFO certification requirements
- under Sections 302 and 906.
- Plant Costing Governance: Establish and maintain consistent inventory
- accounting and costing methodologies across all decentralized manufacturing,
- processing, and distribution facilities.
- Valuation and Controls: Oversee the accounting for raw materials,
- work-in-process (WIP), and finished goods, including standard costing models,
- overhead allocations, inventory reserves, obsolescence, and
- lower-of-cost-or-net-realizable-value (LCNRV) assessments, to ensure accurate
- and compliant inventory valuation.
- Field Analytics and Yields: Direct control processes over physical
- inventory counts, cycle-counting programs, manufacturing variances, production
- yields, waste, and spoilage across all operating plants.
- Operational Partnership: Bridge corporate accounting standards with
- plant-level operations to elevate underlying operational data quality without
- compromising business agility.
- SOX Compliance Architecture: Design, implement, and maintain an internal
- control framework compliant with Section 404 of the Sarbanes-Oxley Act.
- Deficiency Remediation: Partner with internal audit, external audit, and
- operational leaders to proactively identify, evaluate, and remediate control
- deficiencies.
- Process Automation: Lead initiatives to automate key financial controls,
- reducing spreadsheet reliance and manual entries across corporate and
- facility-level accounting workflows.
- Talent Development: Structure, mentor, and retain a high-performing
- accounting team across financial reporting, technical accounting, plant/cost
- accounting, and compliance functions.
- Culture & Accountability: Foster a high-performance culture centered
- on integrity, technical precision, continuous improvement, and business
- partnership.
- ERP & Infrastructure Modernization: Assess and optimize the
- Company’s ERP, consolidation, and reporting systems to accelerate close
- timelines and enhance enterprise data governance.
Competencies
The successful candidate will demonstrate the following
functional and interpersonal competencies:
Functional
- U.S. GAAP & SEC Mastery: Deep technical command
- of U.S. GAAP, SEC filing requirements (Forms 10-K, 10-Q, 8-K), and public
- financial statement disclosures.
- SOX & COSO Frameworks: Advanced knowledge of
- internal controls over financial reporting (ICFR), COSO frameworks, and SOX 404
- readiness and maintenance.
- Cost Accounting Expertise: Proficiency in process
- costing, standard costing models, inventory valuation, variance analysis, and
- multi-facility operational cost controls.
- Financial Systems Literacy: Hands-on leadership
- experience with enterprise ERP systems such as SAP, Oracle, Microsoft BC, or
- NetSuite; close-management software such as BlackLine or FloQast; and business
- intelligence and consolidation platforms like workday.
- Transaction Accounting: Direct knowledge of purchase
- accounting, M&A integration, complex debt/equity instruments, and capital
- structure accounting.
Interpersonal
- Executive Communication: Exceptional written, verbal,
- and presentation skills; ability to convey complex technical accounting issues
- clearly to executive peers, Board members, auditors, and non-financial business
- leaders.
- Strategic and Hands-On Leadership: Ability to move
- seamlessly between enterprise-level strategic planning and detailed operational
- analysis when addressing plant-level or technical accounting matters.
- Change Management & Influence: Proven track record
- of introducing structure, standardization, and process discipline into growing,
- dynamic business environments.
- Cross-Functional Collaboration: Strong
- relationship-building skills to partner effectively across operations, supply
- chain, IT, legal, tax, and HR.
- Ethical Integrity & Skepticism: Uncompromising
- personal integrity, professional skepticism, and sound business judgment
- appropriate for a senior corporate officer.
Education and
Experience
- Bachelor’s degree in Accounting, Finance, or a related
- discipline required; Master of Accounting or MBA preferred.
- 15+ years of
- progressively responsible accounting and finance leadership, with significant
- executive team management in complex corporate environments.
- Preferred experience
- within a U.S. public company accounting environment or key leadership
- experience guiding a private enterprise through an IPO readiness roadmap.
- Strong operational
- familiarity with food processing, food manufacturing, consumer packaged goods
- (CPG), agriculture, or similar multi-site, inventory-intensive processing
- industries.
- Big Four or national
- public accounting audit background strongly preferred.
- Active Certified
- Public Accountant (CPA) license strongly preferred.
- Demonstrated success
- managing financial close, cost accounting, and internal control functions
- across decentralized operating facilities.
Physical Demands
This role regularly requires sitting, communicating, and
using a computer and other office equipment. The employee may occasionally be
required to stand, walk, reach, bend, or lift and move items weighing up to 25
pounds. Reasonable accommodations may be made to enable qualified individuals
to perform the essential functions of the position.
Work Environment and Schedule
This position is based in the
Company’s Seattle, Washington corporate office. A hybrid arrangement may be
considered for the right candidate, with a minimum of three days per week in
the office. The role requires regular collaboration with corporate and operational
teams across multiple locations and may require periodic travel to operating
facilities and attendance at meetings outside standard business hours based on
business needs.
Mental Activities
The employee is frequently required to set an
example by consistently modeling high standards of honesty and integrity.
Presentation and sharing of information should be handled in a direct,
appropriate, and helpful manner.
Maintains
a reputation for honesty, confidentiality, reliability, and fairness;
acknowledges mistakes; and does not misrepresent personal qualifications or
actions for personal gain. Performs work with energy and initiative, values
thoughtful planning, and takes timely, decisive action when opportunities
arise.
Salary Disclosure
The typical base pay range for
this role is $250,000–$300,000 per year. Individual base pay will vary based on
factors including primary work location, the scope and complexity of the role,
job requirements, and relevant experience and skills.
Silver Bay
Benefits and Perks
- Health Insurance: Employees and their eligible family members may enroll in medical, dental, and
- vision coverage. Employees are also eligible for basic life insurance,
- long-term disability coverage, and voluntary life insurance benefits for
- themselves and their families.
- Employee Assistance Program: Available for
- employees and their families.
- Retirement Plan: Employees are eligible for the Silver Bay Seafoods safe
- harbor retirement 401(k) plan.
- Paid Time Off (PTO) and Paid
- Holidays
: Employees are eligible for Paid Time Off - (PTO) plan benefits which start at 3 weeks a year, go up based on years of
- service, and receive 8 paid holidays each year.
- Other Compensation: Employees are eligible for an annual discretionary
- bonus.
Silver
Bay Seafoods is an equal opportunity employer. All qualified applicants will
receive consideration for employment without regard to age, ancestry, color,
family or medical care leave, gender identity or expression, genetic
information, marital status, medical condition, national origin, physical or
mental disability, political affiliation, protected veteran status, race,
religion, sex (including pregnancy), sexual orientation, or any other
characteristic protected by applicable laws, regulations, and ordinances.
If
you need assistance and/or a reasonable accommodation due to a disability
during the application or the recruiting process, please send a request to [email protected].
Skills mentioned
- Accounting
- Analytics
- Audit
- Automation
- Change Management
- Cost Accounting
- Data Governance
- Data Quality
- ERP
- Excel
- Filing & Archiving
- Financial Planning & Analysis
- Financial Reporting
- Gaap
- Investment Analysis
- Learning & Development
- Mergers & Acquisitions
- Netsuite
- Oracle
- Presentation Skills
- Process Improvement
- Reporting & Documentation
- Sap
- Strategic Planning
- Supply Chain Management
- Team Leadership
- Warehouse Operations
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