Chief Financial Officer

Description

Summary of Position

The Chief Financial Officer (CFO) is a challenging position that is responsible to achieve the overall financial health and profitability of the company; and will track the company’s cash flow, financial planning, and analysis. The CFO is a member of, and works closely with, the executive leadership team. Performs highly complex professional and administrative work in planning, organizing, and directing. The CFO reports directly to the Chief Operating Officer (COO).  

Essential Roles/Responsibilities

• Develop the financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
• Accomplishes finance human resource strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counseling, disciplinary, and communication programs; planning, monitoring, appraising, and reviewing job contributions; and reviewing compensation strategies.
• Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with organizational objectives.
• Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; and implementing change.
• Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
• Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
• Monitors financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
• Maximizes return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
• Reports financial status by developing forecasts, reporting results, analyzing variances, and developing improvements.
• Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
• Accomplishes finance and organization mission by completing related results as needed.

Education Requirements

• MBA or bachelor’s degree in business, finance, accounting, or equivalent experience.
• Master’s degree preferred.
• Certified Public Accountant certification.
• Minimum 10 years’ experience in accounting and financial management practices.
• Experience in a senior management position.
• Proficiency with accounting software, word processing, and spreadsheets.
• Solid GAAP and financial reporting technical skills.

Qualifications

• Financial planning and strategy
• Managing profitability
• Strategic planning and vision
• Quality management
• Promotion of Process Improvement
• Forecasting
• Corporate finance

Budget development

Knowledge and Skills

• Customer Focus
• Customer Service
• Excellent Verbal Communication
• Informing Others
• Process Improvement
• Problem Solving
• People Skills
• Teamwork: Ability to Work as a Team
• People Management
• Managing Processes
• Emphasizing Excellence
• Motivated Self-Starter
• Great Organizational and Analytical Abilities

Attributes

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences
• Written Comprehension - The ability to read and understand information and ideas presented in writing
• Written Expression - The ability to communicate information and ideas in writing so others will understand
• Speech Clarity - The ability to speak clearly so others can understand you
• Speech Recognition - The ability to identify and understand the speech of another person

Physical Demands

While performing the duties of the job, the employee is frequently required to sit and talk or hear.  The employee is occasionally required to walk; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms.  Must be able to occasionally lift up to 5 lbs. Must be able to work with a moderate noise level office atmosphere.

Work Environment

The office is located at the Make Cents, Inc office located in Bismarck, ND. Normal working hours are 8:00 a.m. to 4:30 p.m. Monday through Friday.  Additional hours in the evening and/or weekends may be necessary. Must be able to travel for various trainings and certifications based on management recommendations

This position description is a general description of the essential job functions.  It is not intended to describe all duties someone in this position may perform.  All employees of Makes Cents, Inc. are expected to perform tasks as assigned by management, regardless of job title or routine job duties. Tribal and Veteran Preference is applied.

Qualifications

Education Requirements

• MBA or bachelor’s degree in business, finance, accounting, or equivalent experience.
• Master’s degree preferred.
• Certified Public Accountant certification.
• Minimum 10 years’ experience in accounting and financial management practices.
• Experience in a senior management position.
• Proficiency with accounting software, word processing, and spreadsheets.
• Solid GAAP and financial reporting technical skills.

Qualifications

• Financial planning and strategy
• Managing profitability
• Strategic planning and vision
• Quality management
• Promotion of Process Improvement
• Forecasting
• Corporate finance
• Budget development