What are the responsibilities and job description for the Chief Financial Officer#12265 position at Actus consulting?
Major retail company seeks CFO.Location: Corona, CaliforniaSalary: $350K-450K plus annual bonus potential *Depending on your experienceReport to CEOFLSA Classification: ExemptDepartment: AccountingBenefit: medical insurances, dental plans, Vision,Life and AD&DSupplemental insurances such as long-term disability, hospital, etc.Employee Assistance ProgramTuition Support Program401K match up to 3%paid holidaysPTOPSLOVERVIEW:The Chief Financial Officer (CFO) is a hands-on executive leader responsible for driving thefinancial management of a fast-growing retail company. This role oversees Finance,Accounting, Treasury, Tax, IT, strategy, and budget forecasting, ensuring the organizationsgrowth, investments, and overall financial health are well supported.With the companys entrepreneurial and growth-focused mindset, the CFO is expected tobalance high-level vision with practical execution. While guiding the finance team and shapinglong-term strategy, the CFO will also roll up their sleeves and contribute directly to the functionalwork needed to keep a lean, high-performing team operating at its best.Main Responsibilities: Accounting - Lead/Manage all aspects of company accounting, including managingthe Finance Team, providing accurate and timely financial reporting (statements,budgets, projections, analytics), maintaining financial systems, processes andcontrols, and overall functional integrity. Finance and Analytics - Evaluate, analyze, and make recommendations pertaining tothe companys strategic plans and performance, active and anticipated investments,resource allocation (especially in response to fiscal scenarios), external/internalchange, and risk management. Executive Leadership - Work directly with the CEO and the Leadership Team in theplanning, execution, critical thinking, innovation, and problem-solving necessary forthe organization to reach its goals and fulfill its mission. Lead, manage and guide the professional development of the accounting andfinance team members. Oversee the companys accounting functions, including cash, AR, AP, inventory, andthe general ledger. Produce financial statements and management reports. Manage monthly fully reconciled, accrual accounting financial statements, includingprofit and loss, balance sheet, and cash flow statements. Produce budgets and projections (monthly and annual), including variance reportsand analysis. Capital and cash flow projections and management, including multiple-outcomescenario planning. Establish and maintain proper financial controls and checks and balances, includinginternal audits and protections against fraud/theft. Establish and maintain financial compliance requirements, including tax filings,lender / investor requirements, and other government regulatory requirements. Ensure proper management of fiscal relationships with partners, including contracts,royalty statements, payments, etc. Provide financial health analysis, including margin analysis, return on investmentcalculations, and business model optimization. Develop and maintain key leading and lagging indicators that impact and inform thefinancial performance of the organization, including relevant benchmarking and bestpractices. Develop and maintain other ad hoc financial reporting and management as needed,including risk assessments, financing requirements, business model analysis,cost/benefit analysis, and investment return estimates. Project, plan and evaluate business investments into new services and partnerships. Negotiate and/or provide input and analysis for high risk/high impact financial deals. Proactively raise issues with direct or indirect financial impact and possible solutions. Work with Leadership Team members to refine their budgets for optimal efficiencyand results. Interface with business professionals including bankers, CPAs, attorneys, vendors,contractors, etc. Interface with partners, investors, and relevant stakeholders as needed, to managehigh risk, high return issues and relationships. Guide managers in the creation, refinement, and optimization of sub-team budgets. Improve existing systems and establish new systems to drive effective decision-making and improve efficiency. Can articulate and be an effective communicator that can explain financial conceptsand information to all team members in a way that is well contextualized,understandable, and actionable. Guide and direct the Leadership Team to sharpen strategy and stewardimplementation of that strategy so the company can create sustainable and scalablegrowth, and recurring revenue, and improve and develop products and resources toadvance the companys mission and success. Collaborate with and guide the Leadership Team to maintain and improve a friendly,sustainable, diverse, collaborative, equitable, inclusive, and efficient team culture. Development and implementation of corporate financial strategies supporting bothshort- and long-term growth plans. Prepare quarterly (or more frequent) forecasts and annual budgets of revenue andexpenses. Enhancement of systems, controls, and measures in support of the companysexpanding business. Financial oversight of transaction processing with a keen eye on margins. Serve as the companys financial representative to external constituents including,but not limited to, stakeholders, prospective investor groups, lenders, auditors, andcustomers. Manage semi-monthly cash flow and semi-monthly cash flow reporting for lenders. Provide oversight over Information Technology staff. Responsible for creating reports that provide insights into the company's financialstanding, including accounts receivable, accounts payable, and inventory. Responsible for the company's liquidity, debt, and assets. That includes anyinvestments the company may have, whether physical assets, such as buildings andequipment, or financial investments. Uses available data and reports, both internal and external, to advise on areasincluding product development, market expansion, M&A and capital investments, aswell planning and forecasting across the organization.Skills and Qualifications:1. At least 15 years of progressive experience in accounting and/or finance functions.2. Proven track record as a CFO, including leadership within growth-focusedorganizations generating revenues of $1B or more.3. A minimum of 10 years leading or supervising both accounting and IT departments.4. Bachelors degree in Accounting or Finance required.5. Demonstrated M&A experience within multi-entity organizations.6. Experience working in nationwide, multi-site operations is required.7. Professional accreditation such as CPA or CMA is required.8. Masters degree in business administration (MBA) is preferred.9. Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), aswell as Financial Accounting Standards Board (FASB) and Government AccountingStandards Board (GASB) pronouncements and interpretations.10. Considerable knowledge of budget preparation and administration and of dataprocessing and its application to accounting and management information systemsand to the development of statistical, cost and evaluation data and procedures.11. Extensive experience preparing, justifying, and administering a budget.12. Considerable knowledge of federal, state, and local tax laws.13. Prior experience developing and implementing custom financial and managementreporting and dashboards (when they havent previously existed).14. Start-up experience a plus and/or experience in lean and growing organizations,where roles evolve, sometimes swiftly.15. Prior experience working with an owner-operator entrepreneur is a plus.16. Must be flexible to work outside of traditional business hours. Think: 24/7 mentality.17. Considerable knowledge of organizational planning techniques, including developinggoals and objectives, staffing, and work standards.18. Knowledge of the principles and practices of budgetary administration and control.19. Ability to develop, implement, and monitor administrative policies and procedures.20. Ability to evaluate program effectiveness.21. Ability to communicate both orally and in writing.22. Ability to supervise and evaluate the work of subordinates.23. Ability to establish and maintain effective working relationships both internally andexternally.24. Ability to work under pressure.25. Ability to develop and maintain effective financial control mechanisms.26. Ability to manage multiple complex and interactive multi-step projects.27. Ability to coordinate long term and short-term planning methodologies in a rapidlychanging environment.28. Ability to collect, analyze and summarize data and to prepare clear and concisereports.Language Ability:Ability to effectively communicate with management in English. Ability to interact with all levels ofmanagement.Work Environment:The work environment characteristics described here are representative of those an employeeencounters while performing the essential functions of this job. Noise level is moderate to loud.Must be available to work in the office full-timePhysical Demands:The physical demands described here are representative of those that must be met by an employeeto successfully perform the essential functions of this job.While performing the duties of this job, the employee is regularly required to stand; walk; reach withhands and arms and stoop, kneel, crouch, or crawl. Specific vision abilities required by this jobinclude ability to focus on computer screen for extended periods of time.Essential Weight Lifting/Force Exertion Requirements:1/3 to 2/3 of time: Up to 30 pounds with a lifting aidMore than 2/3 of time: Up to 10 pounds
Salary : $350,000 - $450,000