Director of Finance

Overview

Food service business is booming! We’re expanding our team and looking for passionate and talented individuals to join our team!

Karat Packaging (Nasdaq symbol ‘KRT’) by Lollicup USA, Inc, headquartered in Chino, CA, is the manufacturer of Karat® food disposable goods and Tea Zone® beverage products, the distributor of other leading brands' coffee & tea ingredients, & specializes in custom print and innovative packaging. We have been recognized for our thermoforming plastic capabilities in North America to produce cups and food packaging products that allow us to offer competitive pricing throughout our distribution network (currently 6 regional warehouses are located in CA, HI, NJ, SC, TX, WA), and services to chain accounts such as Panda Express, Flame Broiler, The Coffee Bean & Tea Leaf, and more.

Corporate Website:

• Lead and mentor the accounting and finance teams to ensure effective operations.
• Develop, implement, and maintain internal controls and compliance with company policies.
• Identify, assess and manage financial risks that impact the company.
• Oversee preparation of budgets, forecasts, and financial reports.
• Review and analyze financial statements, research discrepancies, and prepare consolidated reports.
• Ensure adherence to U.S. GAAP, SEC reporting requirements (including 10-Q and 10-K), and other regulatory standards.
• Manage monthly, quarterly and annual close processes, including audits and external reporting.
• Lead management’s self-assessment of internal controls to support management certification on internal controls within the COSO framework.
• Supervise accounting for revenue recognition, inventory, debt, and equity-based compensation.
• Research technical accounting issues to ensure compliance and accuracy, including staying updated on new accounting standards and determining appropriate accounting treatment for non-routine, complex transactions.
• Deliver financial insights to support investment decisions, pricing strategies, and contract evaluations.
• Manage and coach the accounting and finance team with members across multiple locations.

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• 7–11 years of progressive experience, including 3–5 years in a management capacity and 6–11 years in public accounting at a national firm.
• Experience working within a publicly traded company is required.
• CPA certification strongly preferred.
• Extensive knowledge of U.S. GAAP and SEC regulations, including ASC 606, ASC 718, and ASC 842.
• Proven experience in financial consolidation and SEC reporting.