What are the responsibilities and job description for the Chief Financial Officer position at Flex Professionals?
Mid-size, full-service CPA firm in Northern, VA is looking for an experienced CFO for FT Flex, hybrid work.
Hours / Schedule : Full-time, flexible
Job Type : Direct hire
Location Requirements : Hybrid, 2-3 days / week in Fair Lakes office
Rate : $190-220K annual salary plus excellent benefits
Job Description : The CFO will serve as a vital member of the executive leadership team, reporting directly to the firm’s executive committee. The CFO will take charge of all financial operations, driving strategies to improve profitability, optimize cash flow, streamlining billing operations and enhance operational efficiency. This role encompasses oversight of financial management, technology upgrades, and strategic resource planning, ensuring alignment with the firm’s growth objectives. This role can be worked on a hybrid basis, but heavier emphasis on an in-office presence is required.
Responsibilities :
Financial Strategy & Planning
- Develop and execute strategies to improve profitability, cash flow, and operational efficiencies.
- Lead financial planning processes, including budgeting, forecasting, and setting both annual and long-term financial goals.
- Partner with department heads to establish and monitor clear financial targets and KPIs, delivering regular updates to shareholders.
- Streamline billing and collections processes to enhance efficiency, accuracy, and cash flow.
- Optimize the firm’s cash conversion cycles, including client onboarding, payables, and receivables management.
- Collaborate with HR and department leaders to model staffing needs, ensuring an appropriate balance of in-house and outsourced resources to meet client demands.
- Identify and implement opportunities to improve financial processes, technology systems, and interdepartmental collaboration.
- Oversee technology upgrades, ensuring seamless integration to enhance operational performance.
- Manage the preparation and presentation of financial statements, including profit and loss reports, balance sheets, and cash flow analyses.
- Provide actionable insights through variance analysis, financial trend reporting, and strategic projections.
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum of 10 years of financial management experience within a professional services or accounting firm.
- Proven expertise in accounting principles, financial reporting, and cash flow management.
- Track record of improving financial operations, streamlining billing processes, and implementing financial software systems.
- Experience in modeling personnel needs for both in-house and outsourced resources.
- Exceptional communication and presentation skills, with the ability to influence executive decision-making.
- Familiarity with QuickBooks or similar financial platforms preferred.
- Knowledge and interest in furthering IT services and efficiencies to support a growing firm.
- Strong analytical and problem-solving capabilities.
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Cash Flow & Personnel Management
Operational Efficiency & Outsourcing
Financial Reporting, Budgeting & Compliance
Qualifications :
FlexProfessionals respects and seeks to empower each individual and support the diverse cultures, perspectives, skills, and experiences of its candidate network. FlexProfessionals does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. The candidates whose resumes are shared with our business clients are selected on the basis of qualifications, merit, and business needs.
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Salary : $190,000 - $220,000