What are the responsibilities and job description for the Chief Financial Officer position at Careers Verified?
The Chief Financial Officer (CFO) will lead the financial operations of ITCWorldwide, a Microsoft Dynamics 365 partner specializing in innovative business solutions. The CFO will play a critical role in scaling the company’s financial strategies to support growth, ensuring robust financial health, and aligning financial performance with organizational goals in a technology-driven business environment.
Key Responsibilities- Strategic Financial Leadership
- Develop and implement financial strategies to enhance growth and profitability in the SaaS and technology services sectors.
- Collaborate with the executive team to align financial initiatives with ITCWorldwide strategic goals.
- Lead initiatives to optimize revenue streams, including subscription services, implementations, and partnerships.
- Financial Planning and Analysis
- Oversee budgeting, forecasting, and long-term financial planning.
- Evaluate and report on financial performance metrics specific to Dynamics 365 projects and licensing revenues.
- Provide insights into operational efficiency and financial scalability.
- Risk and Compliance Management
- Ensure adherence to financial and regulatory requirements across global operations.
- Implement robust internal controls to safeguard financial data and company assets.
- Manage audits and compliance with Microsoft partnership agreements.
- Investment and Growth Strategy
- Oversee capital allocation and assess investment opportunities to expand the company’s Dynamics 365 offerings.
- Lead initiatives for funding, mergers, and acquisitions to drive market presence and service diversification.
- Establish financial frameworks for new product launches and expansions in global markets.
- Operational Excellence
- Supervise financial operations, including billing for licensing and implementation projects.
- Monitor cash flow and working capital with a focus on subscription-based revenue models.
- Ensure accurate and timely reporting to Microsoft as part of the partner compliance program.
- Leadership and Team Development
- Build, lead, and mentor a high-performing finance team with expertise in SaaS and technology finance.
- Foster a culture of collaboration and innovation within the finance department.
- Stakeholder Engagement
- Present financial insights to the board of directors and investors.
- Act as a liaison with Microsoft and other strategic partners for financial reporting and incentive programs.
- Communicate financial results and projections to internal teams to drive accountability.
- Education: Bachelor's degree in Finance, Accounting, Economics, or a related field (MBA or CPA preferred).
- Experience:
- Proven experience as a CFO or senior financial leader in a SaaS or technology-driven company.
- Strong understanding of Microsoft Dynamics 365 licensing, implementation revenue models, and SaaS financial frameworks.
- Experience managing global operations and cross-border compliance.
- Technical Skills:
- Proficiency in Microsoft Dynamics 365 Finance and Operations or equivalent ERP systems.
- Advanced knowledge of financial analysis tools, CRM data insights, and subscription-based models.
- Familiarity with Microsoft Partner incentives and compliance programs.
- Leadership: Strong ability to lead and inspire teams while maintaining a strategic focus on financial innovation.
- Analytical Mindset: Skilled at translating complex data into actionable insights.
- Forward-thinking with a focus on technological advancements.
- Adaptability in a fast-paced, evolving industry.
- Exceptional communication skills to align finance with operational goals.
- This role is pivotal in driving ITCWorldwide financial strategy and ensuring its leadership as a trusted Microsoft Dynamics 365 partner globally.