What are the responsibilities and job description for the Chief Financial Officer position at BINSWANGER ENTERPRISES LLC?
Job Details
Description
Position Summary:
Reporting to the CEO, the Chief Financial Officer (CFO) will be a key business partner to the CEO and executive leadership team, helping to identify and execute initiatives that drive organic and inorganic growth. Lead and manage all financial aspects of the organization, ensuring its financial health and sustainability. The CFO will have direct responsibility for the overall financial plans, accounting, budget, forecasting, cash flow, tax, treasury and audit activities, including keeping the company compliant in accordance with generally accepted accounting principles, and ensuring that the company’s financial and regulatory reporting requirements are met from audit and bank covenant perspectives.
Key Responsibilities:
1. Financial Leadership & Strategy:
- Lead the development and execution of the company’s financial strategy to ensure alignment with its business goals and objectives.
- Provide strategic advice to the CEO and senior management regarding financial planning, budgeting, forecasting, and cost control.
- Develop long-term financial goals, business performance metrics, and KPIs.
- Oversee financial modeling, scenario analysis, and strategic business planning initiatives.
- Assess the company’s financial performance and market position, providing insight on potential opportunities and risks.
- Effective communication with investors and Board members to build confidence and to explain company strategy, financial performance and health.
2. Financial Operations & Oversight:
- Oversee all financial functions, including accounting, budgeting, financial reporting, tax, treasury, and financial analysis.
- Manage financial reporting processes, ensuring timely and accurate delivery of monthly, quarterly, and annual reports.
- Ensure the company’s financial practices comply with GAAP (Generally Accepted Accounting Principles) and relevant regulations.
- Manage company liquidity, working capital, and capital expenditures to ensure financial stability and operational efficiency.
- Supervise the preparation and approval of annual financial statements, balance sheets, income statements, and cash flow reports.
3. Risk Management:
- Identify financial risks and develop strategies to mitigate these risks.
- Oversee the company’s insurance and risk management policies.
- Ensure the company is fully compliant with financial laws and regulations, both domestic and international, as applicable.
- Maintain relationships with external auditors, ensuring compliance with audit requirements and accounting standards.
4. Investment & Capital Management:
- Manage the company’s capital structure, ensuring efficient use of equity and debt financing.
- Lead efforts in raising capital, negotiating with banks, investors, and other financial institutions to secure funding and financing for business initiatives.
- Develop investment strategies, making recommendations to management regarding mergers, acquisitions, or divestitures.
- Oversee cash management and treasury operations to optimize liquidity and ensure the business has access to funds when needed.
5. Team Leadership & Development:
- Build the best team – Attract, develops, motivates, mentors and retains the talent to build a high performing team.
- Set clear performance goals for the finance department and ensure those goals are met.
- Foster a culture of financial accountability and transparency throughout the organization.
6. Stakeholder Communication:
- Act as a key point of contact for internal and external stakeholders, including investors, board members, and financial institutions.
- Provide financial insights and updates to the Board of Directors, ensuring alignment with business objectives and strategies.
- Develop and maintain relationships with auditors, regulators, and other external parties.
7. Technology & Systems:
- Oversee the implementation and maintenance of financial systems, tools, and technology to support financial reporting, analysis, and decision-making.
- Ensure the company’s financial systems are secure, efficient, and scalable.
Qualifications
Education & Experience:
- Bachelor’s degree in Accounting, Finance, Economics, or a related field (required).
- Master’s degree in Business Administration (MBA) or Finance (preferred).
- Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation (preferred).
- Minimum of 10 years of progressive experience in finance, with at least 3-5 years in a senior leadership role.
- Proven experience managing complex financial functions and leading finance teams in dynamic, fast-paced environments.
- Merger and acquisition experience ideal.
- Operational leadership from a finance perspective.
- Experience with multi-branch/ locational operations.
Skills & Competencies:
- Strong knowledge of financial management, accounting principles, and financial regulations.
- Exceptional strategic thinking and analytical skills.
- Expertise in financial modeling, budgeting, forecasting, and performance analysis.
- Strong leadership abilities and the ability to influence and collaborate with senior leadership.
- Excellent communication and interpersonal skills, with the ability to engage effectively with stakeholders at all levels.
- High level of proficiency in financial software (e.g., SAP, Oracle, QuickBooks) and Microsoft Excel.
- Ability to thrive in a high-pressure, fast-changing environment while maintaining attention to detail.
Personal Attributes:
- High ethical standards and integrity.
- Strong problem-solving and decision-making skills.
- Results-driven with the ability to balance long-term strategic goals with day-to-day financial management.
- Adaptability and a proactive mindset.
Binswanger Glass offers clients glass and glazier solutions that will help restore, transform and increase the beauty of their home or commercial property. With more than 150 years of experience in the industry, we provide proficient project management, expert installation, and productive teamwork to assist clients with their needs. Originally founded in 1872, Binswanger Glass is headquartered in Memphis, TN and is the largest retailer and installer of Architectural Glass and aluminum products within the construction and residential markets in the United States. Please visit our website at www.binswangerglass.com for more information about our company.
Best in Glass Benefits
Binswanger Glass offers a comprehensive benefits package for all full-time employees:
- Industry-leading Compensation
- Medical, Dental, and Vision Insurance Plans
- 401K with employer match
- 100% Company-paid Short-Term Disability and Life Insurance
- Supplemental Life Insurance and additional Voluntary Benefits
- Personal Health Advocate
- Employee Assistance Program
- Tuition Reimbursement
- Generous Paid Time Off (PTO) including 9 annual holidays
- Daily Pay
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