What are the responsibilities and job description for the Chief Financial Officer position at Micrologic?
At Micrologic Associates, we provide top notch Point of Sales (POS) products, services, and support to our clients in the car wash and quick lube industries. Offering a variety of equipment and software solutions, we aim to shape the future of car washing with cutting-edge products and services that recognize the changing needs of the industry. We thrive on turning ideas into solutions and always strive for excellence.
Micrologic is seeking a qualified Chief Financial Officer to add to our team of dedicated, trusted, experienced & professional personnel. The CFO will spearhead the development of our financial strategy, manage comprehensive financial operations, and establish a forward-looking Financial Planning & Analysis (FP&A) function. This leadership role is crucial for optimizing revenue streams and advancing strategic company objectives.
Key Responsibilities
- Strategic Financial Leadership: Develop and implement long-term financial strategies aligned with Micrologic’s business goals. Act as a trusted advisor to the CEO and executive team, contributing to strategic decision-making.
- FP&A Development: Establish and manage the FP&A division to generate strategic insights that guide business decisions.
- Financial Operations Management: Oversee budgeting, forecasting, accounting, and financial reporting to ensure the accuracy and timeliness of financial statements.
- Cash Flow Management: Monitor and manage cash flow effectively, ensuring adequate liquidity for ongoing operations and investment.
- Cost Control: Implement cost-control measures and efficiency improvements to enhance profitability as the company scales.
- Budget Management: Lead the budgeting process, ensuring resources are allocated efficiently and aligned with business priorities.
- Compliance and Controls: Ensure adherence to regulatory requirements and financial standards, including US GAAP; maintain internal control safeguards.
- Risk Management: Identify and address financial risks, ensuring the stability and security of the company's financial health.
- Tax Preparation Oversight: Oversee tax planning and coordinate the preparation and compliance of corporate tax filings with external accountants.
- Audit Oversight: Collaborate with external accountants for annual audit.
- Stakeholder Relations: Maintain effective relationships with investors, banks, and other financial partners.
- Process and System Enhancement: Implement processes and systems to enhance financial visibility and control throughout the company
- Leadership and Team Development: Lead the finance team, promoting a culture of excellence and strategic financial management.
Qualifications
- Bachelor’s degree in Finance or Accounting required; Masters or MBA a plus
- Minimum of 7 years of senior financial leadership experience
- Strong understanding of SaaS metrics (MRR, ARR, churn rate, CAC, etc.) and financial principles relevant to SaaS revenue cycles
- Strong knowledge of accounting practices
- Effective communication and leadership abilities
- High attention to detail and ability to prioritize tasks
- Comfortable operating in a dynamic, fast-moving environment
- Ability to handle confidential information
- Demonstrated success in leveraging technology to enhance financial processes and workflows
- Ability to collaborate effectively with internal teams at all levels and external vendors such as CPA firms, banks, etc.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- 10 hour shift
- 12 hour shift
- 8 hour shift
- Day shift
- Monday to Friday
Application Question(s):
- What are your salary requirements? Please provide a range.
- In your most recent role how many employees were you managing?
Experience:
- Senior Leadership: 7 years (Preferred)
License/Certification:
- CPA (Preferred)
Ability to Commute:
- Parsippany-Troy Hills, NJ 07054 (Required)
- Work Location: In person