What are the responsibilities and job description for the Chief Financial Officer position at CITY ENTERPRISES LLC?
Job Details
Description
Seeking Dynamic Financial Leader for growing dynamic company!
The Chief Financial Officer (CFO) is a C-Suite strategic executive responsible for managing the company's financial activities, including financial planning, budgeting, forecasting, and ensuring compliance with regulations. They also advise the CEO and stakeholders on financial matters and oversee the finance and accounting departments. Are you a dynamic leader with an exceptional financial and strategic mindset? Do you have the ability to communicate effectively and build strong performance teams? Join our growing organization and help mentor and guide senior level accounting management to gain efficiencies and effectiveness for the long term. This role will oversee and guide:
-
Cash Flow Management:
Managing and optimizing cash flow, ensuring sufficient funds are available for operations and investments.
-
Budgeting and Forecasting:
Developing and managing budgets, forecasting future financial performance, and monitoring actual results.
-
Compliance:
Ensuring compliance with financial regulations, accounting standards, and tax laws.
-
Banking / Stakeholder Relations:
Maintaining relationships with banking institutions, stakeholders and providing them with financial information.
-
Risk Management:
Identifying and managing financial risks, including credit risk, market risk, and operational risk.
-
Leadership and Team Management:
Leading and managing the finance and accounting teams, providing guidance and support.
-
Mergers and Acquisitions:
Advising on and participating in asset purchase, mergers and acquisitions (M&A) activities.
-
Capital Structure and Financing:
Overseeing the company's capital structure and managing financing activities.
-
Tax Planning and Management:
Overseeing tax planning and compliance activities.
-
Internal Controls:
Ensuring the implementation and maintenance of effective internal controls.
-
Advising the CEO:
Providing financial advice to the CEO and stakeholders on strategic decisions and financial performance.
-
Financial Planning and Strategy:
Developing and implementing financial strategies, long-term financial plans, and budgets.
-
Financial Reporting and Analysis:
Overseeing the preparation and review of financial statements, reports, and analyses.
-
Debt and Equity Financing:
Working with financial institutions to obtain debt and equity financing to support the company's growth and operations.
Qualifications
To be a successful Chief Financial Officer (CFO), you need a strong foundation in finance and accounting, coupled with leadership, analytical, and communication skills, as well as strategic thinking and experience in financial planning and risk management.
Education and Experience:
-
Bachelor's Degree:
A bachelor's degree in a finance-related field (e.g., accounting, finance, economics) is required.
-
Master's Degree:
A master's degree, such as an MBA with a finance concentration is required.
-
Professional Certifications:
CPA (Certified Public Accountant) or CMA (Certified Management Accountant) is required to be active and in good standing.
-
Extensive Experience:
15 or more years of experience in finance and accounting, preferably in a previous CFO role at least 10 years.
-
Leadership Experience:
CFOs need to be able to lead and manage teams, so experience in leadership roles is crucial.
Skills and Abilities:
- Strong Analytical Skills: must be able to analyze complex financial data and make sound decisions based on that data.
- Financial Planning and Forecasting: Expertise in financial planning, budgeting, and forecasting is essential.
- Risk Management: able to identify, assess, and mitigate financial risks.
- Communication Skills: effectively communicate financial information to both technical and non-technical audiences.
- Strategic Thinking: think strategically and contribute to the overall business strategy.
- Problem-Solving Abilities: able to identify and solve complex financial problems.
- Business Acumen: A strong understanding of business operations and industry trends is important.
- Familiarity with Accounting and Finance Software: Proficiency in using accounting and finance software tools is essential.