What are the responsibilities and job description for the Chief Financial Officer position at Surge?
The CFO will have a day-to-day, ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. This seasoned strategist will understand current accounting practices and trends. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.
Objectives of this role
- Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs
- Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
- Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
- Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows
- Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action
Responsibilities
- Work with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting
- Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement
- Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
- Oversee HR operations by coordinating with external service providers (ex: payroll, benefits, recruitment) and internal staff responsible for other aspects of HR
- Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company
- Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service, state attorneys general)
Required skills and qualifications
- Three or more years of experience in executive leadership roles
- Excellent leadership skills, with steadfast resolve and personal integrity
- Understanding of advanced accounting, regulatory issues, and tax planning
Preferred skills and qualifications
- Master’s degree (or equivalent experience) in accounting, business accounting, or finance
