What are the responsibilities and job description for the Chief Financial Officer position at ActiveSoft, Inc?
Job title: Chief Financial Officer
Location: Chicago, Illinois 60616
Salary: Open to negotiation
Job type: full-time
Job Description
businesses within three main areas: live music and entertainment (event spaces, nightclubs,
music venues, music festivals), restaurants, hospitality, real estate and construction.
CFO Job Responsibilities:
Management level position responsible for supervising the quality of accounting and financial
reporting of an organization. Maximizes return on financial assets by establishing financial
policies, procedures, controls, and reporting systems.
CFO Job Duties shall include but not limited to:
• Guides financial decisions by establishing, monitoring, and enforcing policies and procedures.
• Protects assets by establishing, monitoring, and enforcing internal controls.
• Monitors and confirms financial condition by conducting audits; providing information to external auditors.
• Maximizes return, and limits risk, on cash by minimizing bank balances; making investments.
• Prepares budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
• Develop and maintain financial accounting systems for cash management, accounts
• payable, accounts receivable, credit control, and petty cash.
• Manage the cash flow and prepare cash flow forecasts in accordance with policy
• Achieves budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.
• Review monthly results and implement monthly variance reporting compared to budget.
• Provides status of financial condition by collecting, interpreting, and reporting financial data.
• Prepares special reports by collecting, analyzing, and summarizing information and trends.
• Complies with federal, state, and local legal requirements by studying existing and new
• legislation; anticipating future legislation; enforcing adherence to requirements; filing
• financial reports; advising management on needed actions.
• Ensures operation of equipment by establishing preventive maintenance requirements
• and service contracts; maintaining equipment inventories; evaluating new equipment and techniques.
• Completes operational requirements by scheduling and assigning employees; following up on work results.
• Maintains financial staff by interviewing, selecting, orienting, and training employees.
• Maintains financial staff job results by coaching, counseling, and disciplining employees;
• planning, monitoring, and appraising job results.
• Maintains professional and technical knowledge by attending educational workshops;
• reviewing professional publications; establishing personal networks; participating in professional societies.
• Protects operations by keeping financial information and plans confidential.
• Contributes to team effort by accomplishing related results as needed.
Qualifications:
• Hospitality industry experience
• Restaurant accounting experience (Inventory Management)
• 5-7 years’ broker/dealer accounting, controller and auditing experience
• GAAP reporting experience
• Quickbooks experience
• Bachelor’s Degree in accounting/finance