This site uses cookies. To find out more, see our Cookies Policy

CFO - Small company in Memphis at Vaco

Date Posted: 10/29/2018

Job Snapshot

Job Description

Vaco Memphis is assisting a local, family-owned company in its search for a CFO. If you are an energetic, creative, solutions-driven individual looking for an opportunity to work with a top-notch team at a growing company, this could be the place for you!

Responsibilities

Strategy, Planning and Management

  • Act as Chief Financial Officer and strategic business partner to Executive Leadership team.
  • Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
    Provide insight and recommendations to both short-term and long-term growth plan of organization.
  • Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.
  • Communicate, engage and interact with Owners and Executive Leadership team.
  • Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
  • Select and engage consultants, auditors and investors.
  • Recruit, interview and hire finance, accounting and payroll staff as required.
  • Serve as a key member of Executive Leadership team and round table discussion panel.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Interact with and bring department into line with Executive Leadership team's plans, initiatives and recommendations.
  • Implement policies, procedures and processes as deemed appropriate by Executive Leadership team.

Financial Analysis, Budgeting and Forecasting

  • Prepare and present monthly financial budgeting reports including monthly profit and loss forecast vs. budget, and cash flow.
  • Review and analyze monthly financial results and provide recommendations.
  • Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
  • Develop and maintain monthly operating budget and annual company operating budget.
  • Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Accounting, General Ledger, Administration and Operations

  • Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
  • Review and ensure application of appropriate internal controls and financial procedures.
  • Ensure timeliness and accuracy of financial and management reporting data for lenders, investors and Executive Leadership team.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Oversee Human Resources function to ensure appropriate legal compliance.
  • Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
  • Oversee preparation of monthly, quarterly and annual financial statements.
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Oversee administration of company's retirement plan, health insurance, and other business insurance

Financial Management

  • Manage cash flow planning process and ensure funds availability.
  • Oversee cash, investments and asset management area.
  • Explore new investment opportunities and provide recommendations on potential returns and risks.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plans and operating budgets.

Financial Relations and Policies

  • Engage Executive Leadership Team to develop short term and long term plans, projections and budgets.
  • Represent company to banks, financial partners, institutions, and investors.
  • Remain current on accounting best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

  • Mentor and develop members of accounting team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Cash Management

  • Oversee cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
  • Supervise Accounts Receivable management and provide guidance relating to the collection process

Minimium Qualifications

  • Bachelor's degree in accounting, finacne, or related discipline
  • MBA and/or CPA highly preferred
  • Experience at the Controller or Chief Financial Officer level.
  • Minimum of 10 years' financial experience, with at least 5 years of management experience with the day-to-day financial operations of an organization