Jobs · Finance · Texas

Assistant CFO

Bane Machinery, Inc. · Dallas, TX · 4 days ago
FinanceFull-time

Bane Machinery, Inc. is a growing equipment and machinery company with four locations across Texas. This newly created Assistant Chief Financial Officer position reports directly to the CFO and oversees Accounting, Finance, Human Resources, Credit & Collections, Accounts Receivable, Accounts Payable, Fixed Asset Accounting, and P&C Risk Management across all locations. For the right candidate with broad accounting, financial, and business experience, there is an opportunity to be considered for the CFO position within one to two years as the company continues to grow and the current CFO retires. The ideal candidate is a hands-on, detail-oriented leader who takes ownership, works independently, and balances employee needs with the company's financial interests. Initially, the role will take over all credit management duties, including overseeing the lien notice process, and assume significant HR-related activities while gaining exposure to all other areas of responsibility.

Key Initial Responsibilities

Human Resources Management

  • Lead onboarding activities, including new-hire documentation, paperwork, and employee record maintenance.
  • Oversee day-to-day HR administration and provide support to management and branch operations.
  • Assist with payroll processing and related administrative functions.
  • Manage employee benefits administration, including annual health insurance renewals and open enrollment.
  • Coordinate with insurance brokers and employees regarding benefits and enrollment.
  • Maintain accurate and confidential personnel and benefits records.
  • Ensure HR practices and documentation remain compliant with applicable requirements.
  • Serve as a resource to managers and employees on HR-related administrative matters.

Credit & Collections

  • Manage credit and collections activities across all four company locations.
  • Conduct collection calls and follow up consistently on outstanding customer balances.
  • Handle difficult collection situations firmly, professionally, and respectfully while maintaining productive customer relationships.
  • Monitor accounts receivable aging reports and proactively address delinquent accounts.
  • Evaluate customer creditworthiness and recommend appropriate credit limits and payment terms.
  • Resolve payment disputes and work directly with customers to facilitate timely payment.
  • Establish priorities and follow through to ensure outstanding balances are actively managed.

Accounts Receivable Leadership

  • Supervise and support an Accounts Receivable staff member.
  • Oversee daily AR operations and ensure customer account records are accurate and current.
  • Ensure timely payment application, account reconciliations, and account maintenance.
  • Continuously evaluate and improve AR processes, procedures, and internal controls.

Lien Administration

  • Manage preliminary notices, lien filings, lien releases, and related documentation.
  • Ensure compliance with applicable lien deadlines and requirements.
  • Maintain accurate and complete records to protect the company's lien rights.
  • Coordinate with internal teams, customers, and other representatives regarding lien-related matters.
  • Understand the existing Texas private and public lien requirements and deadlines.

Other

  • Other responsibilities in general accounting, banking, insurance, and systems oversight as will become necessary.

Why Bane Machinery?

Bane Machinery is a growing company with multiple Texas locations while maintaining a small-company, family-oriented culture. The company values teamwork, accountability, initiative, and employees who are willing to step up and make a difference. This is an excellent opportunity for an experienced professional who enjoys leadership, organization, problem-solving, and hands-on responsibility. The successful candidate will play an important role in strengthening HR, credit, collections, and AR functions while contributing to the continued growth of the company. For an individual with the right combination of HR, accounting, finance, risk management, credit, collections, and leadership experience, this role can provide a meaningful path toward broader financial leadership and potential advancement to the CFO position in one to two years.

Requirements

  • Bachelor's degree in Finance or Accounting; MBA preferred but not necessary.
  • Strong working knowledge of HR administration and HR compliance.
  • Demonstrated experience in Credit, Collections, and Accounts Receivable.
  • Broad accounting and financial experience with the business acumen necessary to potentially advance into a CFO role in the next 1–2 years.
  • Previous experience supervising or leading Accounts Receivable personnel.
  • Strong collections experience and a willingness to make collection calls and pursue outstanding balances.
  • Working knowledge of Texas private and public lien processes, including notices, filings, releases, and deadlines.
  • Strong organizational and time-management skills.
  • Exceptional attention to detail and follow-through.
  • Ability to manage multiple priorities in a fast-paced, multi-location environment.
  • Proficiency with Microsoft Office, particularly Excel, and accounting software systems.
  • Excellent verbal and written communication skills.

Preferred Experience

  • Experience in the equipment, construction, industrial, manufacturing, or related industries.
  • Experience working in a multi-location organization.
  • Experience working directly with senior management on financial or operational matters.
  • Prior Controller or CFO experience a plus.

What We're Looking For

  • Firm, professional, and persistent when managing collections and protecting company assets.
  • A strong leader and coach who can provide direction while working collaboratively with employees and management.
  • Highly organized and capable of managing competing priorities.
  • Hands-on, dependable, accountable, and results-driven.
  • Process-oriented, with a focus on continuous improvement.
  • Comfortable working independently and taking ownership without requiring extensive supervision.
  • A strong communicator who can build positive relationships while addressing difficult issues directly.

Benefits

  • Competitive pay, commensurate with experience
  • Vacation, Holiday and Paid time off
  • Medical, Dental & Vision, 401(k)

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