CFO

Description

POSITION SUMMARY

The Chief Financial Officer position is accountable for the administrative, financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Supervise, manage, support, motivate employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties – and facilitate appropriate training and development where needed.

RESPONSIBILITIES/DUTIES

• Assist in formulating the company's future direction and supporting tactical initiatives 
• Monitor and direct the implementation of strategic business plans
• Develop financial and tax strategies
• Manage the capital request and budgeting processes
• Participate in key decisions as a member of the executive management team
• Maintain in-depth relations with all members of the management team
• Implement operational best practices
• Supervise acquisition due diligence and negotiate acquisitions
• Oversee the issuance of financial information
• Monitor cash balances and cash forecasts
• Arrange for debt and equity financing
• Maintain banking relationships
• Execute Finance initiatives without approval
• Work with department heads on developing budget plans
• Work with human resources on developing benefit strategies keeping group insurance
• Develop performance measures that support the company's strategic direction
• Coordinate and direct the financial planning/forecasting, budgeting, procurement, or investment activities of all or part of an organization
• Develop and maintain complete set of guidelines, procedures and internal controls for activities such as budget administration, cash and credit management, procurement and accounting
• Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards
• Prepare or direct preparation of timely financial statement reporting and analysis, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies
• Proactively seek and pursue opportunities to improve planning, forecasting and reporting processes
• Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources
• Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed
• Advise management on short-term and long-term financial objectives, policies, and actions
• Monitor financial activities and details such as cash flow and reserve levels to ensure that all legal and regulatory requirements are met and that optimum returns on available resources are achieved
• Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations
• Monitor and evaluate the performance of accounting and other financial staff implementing personnel actions, such as promotions and dismissals
• Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities and optimize the treasury function
•  Receive, record, and authorize requests for disbursements in accordance with company policies and procedures
• Responsible for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments
• Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes
• Assess return on investment for planned capital expenditures, lease/buy decisions, product development/enhancement initiatives, and sales and marketing programs – then track actual ROI to projected

Requirements

EDUCATION/ WORK EXPERIENCE

The Chief Financial Officer should have a master's degree in accounting or business administration, or equivalent business experience and 10 years of progressively responsible experience for a major company or division of a large corporation. Should have experience in partnering with an executive team and have a high level of written and oral communication skills. Preference will be given to candidates with an MBA in Finance and the Certified Public Accountant or Certified Management Accountant designations.

CAPABILITIES/SKILLS

• Extensive experience working with financial systems, especially QuickBooks
• Excellent computer skills, including but not limited to; Microsoft Office Suite (specifically Excel and Outlook), ERP systems, QuickBooks Enterprise
• Strong organization skills and ability to prioritize workload in order to meet deadlines in a fast-paced dynamic work environment
• Excellent analytical and problem-solving skills
• Excellent communication skills, written and verbal, with the ability to clearly communicate
• Demonstrate a proficient level of professional skills