Chief Financial Officer

Cash Flow and Expense Management:

• Manage the Accounting and Finance team to oversee cash flow forecasting, identify surpluses and shortfalls, and ensure liquidity.
• Optimize working capital by streamlining collections, managing payables, and negotiating favorable supplier terms.
• Review and categorize expenses regularly to identify cost drivers and savings opportunities.
• Implement cost controls, approval workflows, and expense management tools.
• Monitor discretionary spending, maintain cash reserves, and implement contingency plans for emergencies.

Revenue Recognition and Financial Reporting:

• Apply and update revenue recognition policies in accordance with current standards and coordinate with the sales team and COO.
• Audit revenue accounts, adjust deferrals and accruals, lead engagement with the audit firm, and ensure accurate financial disclosures.
• Prepare and review financial statements for all entities in compliance with accounting standards.
• Maintain financial reporting systems, analyze variances, and deliver reports to support decision-making.
• Monitor sales contracts for revenue recognition implications.
• Train staff on revenue recognition and financial reporting requirements.

Budgeting, Forecasting, and Financial Analysis:

• Lead annual budgeting aligned with strategic objectives and engage cross-functional departments.
• Regularly update forecasts regularly based on performance, industry trends, and business intelligence.
• Analyze financial results, monitor KPIs, and identify trends and variances to support decision making.
• Implement financial analysis and budgeting tools, and train staff on financial modeling and benchmarking.
• Lead quarterly business reviews with each business unit and the executive team.

Debt and Capital Expenditure Management:

• Monitor the company’s debt position, negotiate financing terms, and align capital strategy with risk tolerance.
• Develop and maintain CAPEX approval, budgeting, and tracking processes aligned with strategic goals
• Evaluate ROI, refinancing, leasing, or financing alternatives in the context of overall financial health and risk profile.
• Ensure proper capitalization and depreciation of assets and maintain regular reporting for both debt and CAPEX.

Asset and Payroll Management:

• Maintain an accurate inventory of physical and intangible assets, ensuring proper depreciation, insurance, and capitalization.
• Implement and maintain asset management systems and coordinate with operations to assess utilization and disposal.
• Manage and oversee timely and accurate payroll processing, withholdings, and compliance with wage and hour regulations.
• Maintain payroll systems, update policies, issue tax forms, and generate payroll reports.
• Maintain and review the employee benefit plan, including annual compliance coordination and periodic plan evaluations.

Tax Planning and Regulatory Compliance:

• Remain current with tax laws and coordinate with accountants to manage liabilities, file returns, and engage with tax authorities.
• Implement tax strategies that align with business goals.
• Maintain proper documentation, monitor legislative changes, and train staff on compliance protocols.
• Prepare for audits with reconciliations, maintain internal controls, and align financial activities with reporting standards.
• Submit regulatory reports, respond to inquiries, and refine compliance systems.

Risk Management:

• Identify, assess, and mitigate financial and operational risks across departments.
• Maintain the risk management framework, conduct risk training, and report regularly to stakeholders.
• Review insurance coverage and implement software tools to support risk monitoring and mitigation.

Accounts Receivable and Payable Management:

• Oversee AR/AP processes including reconciliation, credit policy enforcement, and payment terms negotiation.
• Monitor receivables for delays, evaluate early payment discounts, and assess factoring risks.
• Prepare regular AR/AP reports and ensure integration with the general ledger.

Innovation:

• Experience in business process improvement through better access of data
• Familiarity with Power BI, CO-Pilot, CHAT GPT and other AI tools to drive a metric driven organization
• Understanding of Data structure for multi company and international operations
• Stake holder in new enterprise architecture inclusive of ERP migration from Deltek

• Twenty-plus years of progressive financial leadership experience, including at least five years in a CFO or senior finance executive role.
• Experience managing all aspects of corporate finance, including cash flow management, budgeting, forecasting, and long-range financial planning.
• Strong understanding of project based financial management.
• Proven ability to develop and execute strategic financial plans that support company growth and operational priorities.
• In-depth understanding of working capital optimization, cost control, pricing strategy review, and expense oversight.
• Demonstrated expertise in applying and updating revenue recognition policies, including deferred and accrued revenue accounting and contract review.
• Strong background in GAAP financial reporting and financial statement preparation.
• Experience coordinating audits and maintaining strong relationships with external auditors, lenders, and other stakeholders.
• Deep knowledge of corporate tax planning, compliance, and filing at federal, state, and local levels, including managing communications with tax authorities.
• Familiarity with regulatory frameworks, reporting requirements, and internal control implementation across financial functions.
• Experience managing capital expenditures, ROI analysis, depreciation, and fixed asset accounting.
• Successful track record of debt management, refinancing, and aligning financial strategy with company risk tolerance.
• Hands-on experience overseeing accounts receivable and payable functions, including credit policy, collections, and supplier negotiations.
• Strong understanding of technology and its impacts on organization and functional efficiency.  Ability to leverage emerging technologies including AI to facilitate financial analysis, reporting, forecasting and overall business operations.
• Demonstrated ability to operate at both strategic and operational levels, balancing long-term vision with day-to-day financial execution.
• Strong analytical skills with the ability to interpret complex financial data, develop KPIs, and present actionable insights to executive leadership and the Board.
• Proficient in implementing and optimizing financial systems and reporting tools to improve efficiency and accuracy.
• Proven ability to lead, mentor, and scale high-performing finance teams while fostering cross-functional collaboration.
• Excellent written and verbal communication skills, with the ability to convey complex financial concepts to non-financial stakeholders.

• Demonstrated ability to handle highly confidential information with integrity and professionalism.
• Experience with the full lifecycle M&A activities is a plus.
• Experience with Private Equity investment partners a plus.
• Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
• MBA and/or CPA strongly preferred.