The Chief Financial Officer is responsible for overseeing the financial operations of the company and making decisions based on the company’s financial ability. The CFO is responsible for corporate accounting, financial reporting, budgeting, and forecasting to predict future growth. Duties include monitoring cash flow, advising the CEO on the best practices for company finances and coming up with strategic plans to manage and improve the company’s performance and overall financial health.
• Direct the preparation of all financial statements, including income statements, balance sheets, tax returns (sales, payroll, and corporate income), and governmental agency reports.
• Compare sales and profit projections to actual figures and budgeted expenses to actual expenses; make or oversee any necessary adjustments to future projections and budgets.
• Review the planning process and suggest improvements to current methods.
• Analyze operations to identify areas in need of reorganization, downsizing, or elimination.
• Manage the audit preparation process.
• Study long-range economic trends and project their impact on future growth in sales and market share.
• Identify opportunities for expansion into new product areas.
• Collaborate with Chief Information Officer on technology decisions.
• Oversee risk management including procurement of all insurance products and coverages.
• Oversee treasury and cash management.
• Bachelor’s degree in Finance, Accounting, Business Administration or a related field
• Minimum 15 years of experience in financial management required
• Understanding of advanced accounting, regulatory issues, and tax planning
• Master’s degree in Finance, Accounting, Business Administration or a related field
• Certified Public Accountant (CPA)
• Experience in mergers and acquisitions and/or other complex capital transactions
• Executive experience with retail business models and their associated revenue recognition
• Executive experience working in companies with revenues in excess of $100mm annually
• Strong department leader with skills in strategic planning, goal setting, process development, budgeting, and creating opportunities for professional development.
• Excellent communication, leadership, and strategic thinking abilities with a problem-solving aptitude.
• Strategic smarts, including the ability to identify new opportunities, drive clarity, create focus, and make tough decisions in complex and dynamic contexts.
• Strong verbal and written communication skills
• The ability to lead projects that will be constituted by other key executives.
• Understand key insurance concepts and have the ability to direct insurance agents to ensure our risks are properly covered.
• Heightened level of sensitivity toward customer satisfaction.
• Ability to work effectively with customers, vendors, and employees.
• Ability to convey a positive and professional image to internal and external customers.
• Ability to manage multiple tasks.
• Forward-thinking with the ability to think about the overall health of the company.
• Ability to follow and improve procedures, especially very complex multi-departmental procedures which affect the bottom line of the business directly.
• Ability to abide by all policies and procedures and hold coworkers accountable for the same.
• Trustworthiness and discretion are expected.