Outsourced CFO

Description

SUMMARY:  Provides high-touch, strategic financial services to clients across a variety of industries including real estate, restaurants, medical practices, and nonprofits. This client-facing role involves both day-to-day operational oversight and longer-term strategic finance initiatives, including budgeting, cash flow management, and KPI development by performing the following duties. 

DUTIES AND RESPONSIBILITIES:

Operational Financial Oversight

• Manages and reviews monthly financial reporting for assigned clients.
• Develops and maintains cash flow forecasts.
• Supervises or coordinates with in-house and client-based accounting/bookkeeping staff.
• Implements and optimizes accounting software systems (e.g., QuickBooks, BILL, APS).

Strategic Advisory & Planning

• Leads budgeting and forecasting efforts in collaboration with client leadership.
• Designs and monitors KPIs and dashboards (using tools such as Power BI, Jirav).
• Prepares reports and analysis for boards, lenders, and investors.
• Provides strategic financial input to inform business decisions.

Client Relationship Management

• Acts as the primary financial advisor to assigned clients.  
• Attends onboarding sessions and quarterly board meetings (limited local travel). 
• Builds strong relationships with client executives and ownership teams.

CAS Practice Development

• Supports business development efforts and helps grow the CAS practice.
• Contributes to service design, SOP development, and process improvement.
• Mentors junior staff and provides thought leadership within the practice.

Compliance & Support

• Ensures GAAP-compliant financial statements and internal controls.
• Supports audit preparation and tax planning coordination with internal HMV teams.

Leadership

• Leads CAS initiative within the Accounting Services department.
• Provides formalized training to staff in technical areas.
• Demonstrates strong character and a high level of commitment to the firm.
• Demonstrates alignment with our vision, strategy, and values; empowers people to work together in meaningful and productive ways.
• Demonstrates appropriate leadership skills including, but not limited to, effective and timely engagement oversight, timely and accurate communications across all departments and staff of all levels within the Firm, timely and accurate identification of technical issues, timely and appropriate identification of any staff issues and/or concerns, timely client communications regarding open items, and other similar items.  
• Provides counseling/coaching, oversight and support for the team.
• Recognizes resource/team capabilities and delegates work effectively, holding team accountable. 
• Mentors and develops staff, including participation in the recruitment and retention of professional staff. 

COMPETENCIES:

• Ability to communicate well with others on staff as well as clients, both orally and in writing.  
• Ability to manage workload and deadlines while delegating appropriately.
• Ability to lead multiple client relationships concurrently. 
• Identifies issues and proposes solutions while demonstrating the ability to solve problems and make timely decisions.  
• Able to deal with competing demands and frequent change.  
• Exhibits sound and accurate judgement.  
• Must be well organized, detail oriented and thorough.
• Must be dependable with good time management skills.
• Must exhibit a high degree of professionalism including the ability to maintain the highest levels of confidentiality.  
• Ability to work both independently and as part of a team with professionals at all levels, exhibiting strong interpersonal skills.  

SUPERVISORY RESPONSIBILITIES:

May supervise lower-level Client Advisory Services staff.  Carries out supervisory responsibilities in accordance with the Firm’s policies and applicable laws.  Responsibilities may include training employees; planning, assigning, and overseeing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Requirements

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Education and/or Experience:

Bachelor’s degree from four-year college or university in Accounting with strong academic track record (minimum GPA of 3.0); CPA certification strongly preferred. Minimum 10 years progressive experience in Accounting/Finance roles. Prior experience as a CFO, Controller or similar senior financial leader. Strong knowledge of GAAP, financial modeling, and board-level communication. 

Computer Skills:

To perform this job successfully, an individual should be proficient in Microsoft Word and Microsoft Excel. Familiarity with accounting and advisory software such as QuickBooks, Power BI, Excel, Jirav, BILL, APS Payroll. Experience with Sage Intaccct or NetSuite is a plus. Working knowledge of office equipment, computer hardware and peripheral devices. 

Firm Culture/Client Service:

Promotes the firm’s culture, including supporting Heard, McElroy & Vestal’s philosophy of developing a relationship with each client on a personal level, catering to their specific needs. 

Ability and judgment to interact and communicate appropriately with other employees, clients and management. Ability to serve clients, both internal and external (community/public) in a manner that will support superior client relations. 

Physical Demands/Work Environment:

While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is frequently required to walk or use hands to finger, handle, or feel. The employee is occasionally required to stand; reach with hands and arms and stoop, kneel, crouch or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus. The noise level in the work environment is usually quiet. 

This job description reflects management’s assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. Heard, McElroy & Vestal shall, in its discretion, modify or adjust the position to meet the Firm’s changing needs. This job description is not a contract and may be adjusted as deemed appropriate in the Firm’s sole discretion. 

Heard, McElroy & Vestal is an Equal Opportunity Employer. We actively seek and employ qualified persons in all job classifications and administers all personnel actions without regard to race, color, religion, age, gender or sex (including pregnancy), national origin, ancestry, marital status, non-job related disability, veteran/military status, genetic information, gender identity, sexual orientation or any other characteristic protected by applicable federal, state or local law.