Finance and Accounting Manager (Administrative)

Founded in 1984, Best Formulations LLC, a diversified nutraceutical and personal care company headquartered in City of Industry, California, is a contract manufacturer of thousands of branded SKUs, including high quality nutritional supplements including softgels, tablets, capsules, powders, teas, dietary supplements, and vegetarian softgels.

About the role:

We are a trusted partner to our customers when it comes to innovation and have one of the strongest R&D, product formulation and technical teams in the industry. We are recognized as the leader in plant-based softgel innovation and our ability to encapsulate difficult formulas. We seek out innovation across our entire business and pass that knowledge and expertise to our customers.

As a Finance and Accounting Manager, you will be managing the financial and accounting functions of the organization, ensuring compliance with regulations, and providing accurate financial information to support decision-making. This role will oversee budgeting, forecasting, financial reporting, and team management, ensuring the company's financial stability and growth.

How will you contribute:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodation may be made to enable qualified individuals with disabilities to perform essential job functions. Essential job functions and duties include, but are not limited to:

• Develop and implement financial strategies, policies, and procedures.
• Manage and/ or contribute to the publication of cash flow, financial forecasting, and budgeting.
• Monitor financial performance and recommend improvements to maximize profitability.
• Supervise and manage the accounting team, including Accounts Payable (AP) and Accounts Receivable (AR) staff.
• Oversee the month-end and year-end close processes, including preparation of financial statements.
• Ensure compliance with GAAP, tax regulations, and other relevant standards.
• Coordinate and oversee external audits, tax filings, and regulatory requirements.
• Maintain internal controls to safeguard assets and ensure accuracy of financial data.
• Prepare and present financial reports to senior management, stakeholders, and board members.
• Conduct financial analysis to support business decisions, cost control, and investment planning.
• Identify trends and provide actionable insights to improve financial outcomes.
• Ensure compliance with all financial policies, laws, and regulations.

Minimum Requirements/Qualifications:

• Bachelor's degree in Accounting, Finance, or related field (Master's degree or CPA preferred).
• 5+ years of progressive experience in finance and accounting, with at least 2 years in a managerial role.
• Strong knowledge of GAAP, financial reporting, and compliance requirements.
• Strong knowledge of manufacturing or understanding of equivalent complexities of business models.
• Proficiency in financial software and ERP systems (e.g., QuickBooks, SAP, Oracle).

Required Licenses/Certifications

• CPA preferred

Work Environment:

• Office setting
• Production areas: May involve exposure to allergens such as Soy, Wheat, Fish, Shellfish, Milk, Egg, Tree Nuts and Sesame.

What Best Formulations can offer you:

• 401(k) with company match
• Tuition reimbursement
• Medical/Dental/Vision/Pet Insurance
• Health & Wellness programs
• Generous time off for vacations

More about us:

As a valued strategic partner, Best Formulations offers a comprehensive program of services, turnkey solutions, and client support that is unmatched in the industry. Our product development team can provide customized, proprietary formulations designed specifically to meet the needs of our customers and their method of distribution. Our vertically integrated manufacturing and packaging process allows us to schedule flexible production runs to respond quickly to shifting market demands. Every step of the way, we are committed to your growth and success!

"To develop and strengthen mutually beneficial relationships with our employees, customers, and business partners by providing the highest quality products and the Best customer service. Together We Grow!"

This position is currently classified as on-site.

Base Salary Range: $101,000.00 - $124,000.00 per year, based on candidate professional experience level. Employees are eligible to participate in Medical, Dental, Vision, Life Insurance, 401(k), Holidays, Vacation, Tuition Reimbursement Program.

The final salary offered for this position may take into account a number of factors including, but not limited to, location, skills, education, and experience.

In accordance with the CO Equal Pay Act, Colorado Applicants Are Not Permitted to Apply.

The Company reserves the right to modify, update, change and/or make corrections to this job description, at the sole discretion of senior management, at any time during the employee's employment term, at the sole discretion of management.

EEO Statement

Best Formulations is an equal opportunity employer committed to employing a diverse workforce and providing accommodations for people with disabilities in all parts of the hiring process as required under its Employment Accommodation Policy. Best Formulations will work with applicants to meet accommodation needs that are made known to Best Formulations in advance.

**Please no external recruiters**