Allen Distribution · 5 hours ago
Commercial Finance Director
Carlisle, PA
Full-time
Onsite
Director/ExecutiveAllen Distribution is seeking a Commercial Finance Director to lead and direct the company’s finance activities. The role involves ensuring strong internal controls, overseeing debt matters, managing investment performance, and collaborating with the accounting team to support financial goals.
LogisticsTransportation
Responsibilities
Direct all aspects of debt matters, including borrowings, payments, interest rate swaps and credit agreements
Act as the primary contact with the company’s financial institutions, respond to questions and information requests
Track and monitor all loans regarding maturity, interest rates, interest/principal payments, amortization, etc
Make debt covenant projections, provide input on distribution decisions, and prepare and submit quarterly bank compliance documents
Obtain letters of credits when needed, and maintain list of LOC’s with renewal dates. Work with third parties to secure release when possible
Obtain, renew and terminate surety bonds as required
Monitor investment performance and provide guidance on the investment strategy
Review and approve long-term debt account reconciliations
Provide oversight of banking and cash management activities utilizing the online banking application (FNB-Online)
Supervise treasury analyst, and ensure backup coverage during absences
Review and approve ACH and wire payments, as well as banking exceptions
Follow up and investigate any suspected fraudulent transactions
Manage timely completion of monthly cash flow statements, and make cash projections to ensure available liquidity
Maintain a report of capital investments and forecast the capital needed to fund stated investments
Oversee the company credit card program (in eZBusiness application), approve card requests and set credit limits
Act as lead administrator for the company’s financial forecasting and reporting application (Workday Adaptive Planning)
Maintain the structure, levels, accounts, versions, cubes, assumptions, sheets, reports, etc. in support of meaningful financial reporting for management
Manage the quarterly forecasting cycles to ensure updates are completed, analyzed, reviewed and approved
Provide financial analysis of the business as needed
Manage the company’s insurance policies and programs, including Raffles commercial insurance (GL, Auto, WC), EPIC property, and ancillary polices such as motor truck cargo, warehouse legal liability, storage tank, crime, cyber-liability, EPL and other coverages as needed
Ensure continuous coverage, provide information required for renewals and periodically evaluate coverage levels
Promptly respond to all insurance audit requests
Review and approve premium and other insurance invoices
Oversee fulfilment of COI requests
Oversee capex accounting and the company’s fixed asset system (BNA), including proper coding of AP invoices until this function is transitioned to the accounting manager
Handle accounting related to cost-plus customer contracts
Lead set-up of accounting structure in the company’s new HRIS system (Paylocity), and manage payroll entries, labor allocations and bonus accruals until transitioned to the accounting manager
Collaborate with the accounting function on journal entries, schedules, reviews, reconciliations and other tasks in support of the monthy, quarterly and annual close processes
Serve as a member of 401K fiduciary committee, and provide support to benefits manager as needed
Work with HR team to monitor self-funded medical plans, evaluate plan changes and make recommendations to maximize cost effectiveness
File business personal property tax and other non-payroll tax returns, oversee sales tax returns and ensure timely payment and administration of real estate property taxes
Manage all financial aspects of warehouse leases, including preparation of lease payment schedules, and evaluation and processing operating expense reconciliations
Qualification
Required
Bachelors Degree in Finance or Accounting
Knowledge of corporate capital structure, the banking system and debt instruments to finance company activities
Risk management knowledge including familiarity with insurance policies including premium based and self funded programs
Experience with forecasting, reporting and accounting systems
The ability to perform complex financial calculations and analysis
Comprehensive understanding of accounting principles and practices
Benefits
Serve as a member of 401K fiduciary committee, and provide support to benefits manager as needed
Work with HR team to monitor self-funded medical plans, evaluate plan changes and make recommendations to maximize cost effectiveness
Company
Allen Distribution
Allen Distribution is a logistics company that offers warehousing and transportation services.
Founded in 1988
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Ryan Heishman
Chief Executive Officer
Dennis Trautman
Chief Operating Officer
Recent News
The Morning Call
2025-10-29
2023-04-13
Company data provided by crunchbase