Position Summary:

The CFO will play a crucial role in shaping our client's financial strategy, overseeing all financial operations, and ensuring financial health and sustainability. This individual will collaborate with senior management to develop and implement strategies that drive growth and profitability while managing risk.

Key Responsibilities:

Financial Leadership:
- Provides strategic direction and leadership for all financial activities, including budgeting, forecasting, and financial reporting.
- Manages and develops a high-performing finance/accounting team to enhance performance, facilitate professional growth, and foster a collaborative environment.
Financial Planning, Reporting and Analysis:
- Oversees the preparation of accurate financial reports and analyses to support strategic decision-making and address key business issues.
- Prepares and presents accurate and timely monthly, quarterly, and annual financial statements in accordance with GAAP.
- Lead the annual budgeting process and monitor expenditures to ensure that budgets are adhered to; analyze variances between budgets and actual performance.
- Coordinate and liaise with external auditors during annual audits and ensure compliance with applicable regulations.
Accounting Operations:
- Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger maintenance.
Compliance and Controls:
- Establish and maintain a system of internal controls to ensure the accuracy and reliability of financial reporting.
- Ensure compliance with all financial regulations and laws; stay updated on changes in financial regulations that may impact the company.
Cash Flow Management:
- Ensure effective cash flow management, optimizing working capital, and maintaining banking relationships.

Risk Management:
- Identify and manage financial risks, ensuring compliance with legal, regulatory, and audit requirements.
Capital Structure:
- Develop and implement strategies for optimal capital structure and funding, including evaluating financing options and investment opportunities.
Stakeholder Engagement:
- Communicate financial performance and insights to the board of directors, investors, and other key stakeholders.
Strategic Initiatives:
- Collaborate with the executive team to drive growth strategies and support mergers, acquisitions, and divestitures.
Purchasing Function Oversight:
- Leads direction of our client’s purchasing function, partnering with Operations and Culinary leadership to ensure our client is buying the right product from the right vendors at the right price
- Supervises our client's purchasing team.
IT Function Oversight:
- Leads direction of our client's IT function, ensuring efficient, effective and safe technology operations to run the business. This includes oversight of IT functions and tools impacting guest experience.
- Supervises our clients IT team.
Mergers & Acquisitions:
- Lead financial due diligence, deal structure, managing financial options, finance systems integration and all other tasks that ensure the overall financial viability and strategic alignment of the transaction, etc.)

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Avenica

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