Chief Financial Officer

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Project Id
11779

Project Description

This is a contract position.

Key job tasks of Chief Financial Officer

  • Strategy

- As a true business partner to the CEO, COO, divisional VP’s and Directors, assess organizational performance against both the annual budget and company’s long-term strategy (5 year and 10 year plan)

- Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations. Works with COO and Divisional VP’s / Directors to execute those strategies once adopted by the CEO.

- Responsible for locating issues, trends, and changes in the operating model(s) and operational delivery. Reports recommendations to the CEO and board to navigate within the outlined goals and objectives.

- Assist in establishing yearly objectives and meeting agendas, selecting and engaging outside consultants (auditors, investment advisors).

- Oversee long-term budgetary planning and costs management in alignment with company’s strategic plan, especially as the organization considers growth goals, potential acquisitions, balancing the team culture of being a client and team first organization.

  • Executive Management

- Serve as a member of executive leadership team

- Participate in key decisions pertaining to strategic initiatives, operating model and operational execution

  • Financial Planning and Analysis

- Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); Weekly 13 week cash flow forecast.

- Complete analysis of financial results; Develop recommendations (strategic and tactical).

- Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).

- Develop and maintain capital budgets.

- Assist in development of financial planning and analysis exercises/reports.

- Maintain good financial relationship with lenders and key vendors / subcontractors.

  • Finance

- Oversee cash flow planning and ensure availability of funds as needed.

- Oversee cash, investment, and asset management.

- Oversee financing strategies and activities, as well as banking relationships.

- Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.

- Examine security procedures to insure all client information, credit card procedures and company assets are protected from theft.

  • Planning, Policy, and Investor Relations

- Coordinate the development and monitoring of budgets.

- Develop financial business plans and forecasts.

- Participate in corporate policy development as a member of the senior management team.

- Engage the CEO and Board of Advisors (when built) to develop short-, medium-, and long-term financial plans and projections.

- Represent the company to financial partners, including financial institutions, owners, executives, board, etc.

  • Accounting and Administration

- Oversee the accounting department to ensure proper maintenance of all accounting systems and function; supervise company finance staff.

- Ensure maintenance of appropriate internal controls and financial procedures.

- Ensure timeliness, accuracy, and usefulness of financial and management reporting for executive team and board; oversee the preparation and communication of monthly and annual financial statements.

- Coordinate audits and proper filing of tax returns.

- Ensure legal and regulatory compliance regarding all financial functions.

  • Team Management

- Mentor and develop a direct team of 4 that will grow along with the company, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.

  • Develop performance metrics to manage your team by. Each member of your team should have clearly outlined expectations as well as a scoreboard that is maintained and managed.

- Provide guidance to COO and division directors/VP’s to help each navigate by goals and budgets.

  • Accounting Activities

- Oversee preparation of month-end, quarter-end and year-end financial statements.

- Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.

- Enhance and implement financial and accounting systems, processes, tools and control systems

- Serve as final point of escalation for Accounts Receivable/Accounts Payable issues

- Develop and manage accounting staff

- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits

  • Cash Management

- Oversee weekly cash management; Approve weekly payables; Execute check signing.

- Oversee AR management and provide support to collections activities

  • Corporate Development

- Represent company in efforts with bankers and potential investors

- Prepare various analyses and reports required by corporate development efforts

  • Insurance/Real Estate/Legal Affairs

- Manage the company’s insurance program

- Manage the company’s real estate affairs consisting of leases and sub-leases with various landlords; Negotiate new leases or lease renewals; Coordinate with real estate counsel.

- Manage the company’s legal affairs in the areas pertaining to finance and contracts.

Job specification 

  • A minimum of CPA and/or MBA.
  • At least five years experience as CFO or equivalent, revenues of at least $25 million.
  • Experience working with information technology staff to manage finance and accounting software packages.
  • Excellent written and oral communication skills.
  • Demonstrated leadership ability, team management, and interpersonal skills.
  • Excellent analytical and abstract reasoning skills, plus excellent organization skills.
  • Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.

Required education:

  • Master's

Required experience:

  • Financial Management: 5 years

Required license or certification:

  • Certified Public Accountant (CPA)

This Project is seeking consultants.

Project Location:
Dallas,
Texas
This is not a remote position.
This position does not require travel.

Project Salary - Hourly
Minimum Range In Dollars:
Maximum Range In Dollars:

Functional Expertise

  • Accounting/General Ledger
  • Financial Analyst

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