The Newcastle Search Group has been retained to exclusively assist a leading independent restaurant group in Chicago with the hiring of a Chief Financial Officer.

The ideal candidate for is an empathetic, intelligent, proactive, hands-on individual with a proven track record of effectively managing the financial function of a multi-unit business. As a member of the Leadership Team and with responsibility for day-to-day operations of the accounting operations, financial analysis and reporting as well as strategic planning and direction, the Chief Financial Officer is integral to continued profitable growth.

The hiring company is located in downtown Chicago and the role is fully-in office.

RESPONSIBILITIES

Provide financial guidance and strategy to fellow management team members.
Manage day-to-day operations of the accounting department.
Oversee the accounting operations of all restaurants including control systems, transaction-processing operations including AP and AR, general ledger and period end close process.
Oversee payroll function through department staff and outside payroll service ·
Compile and issue timely, accurate and complete financial statements.
Provide financial analyses as needed, e.g., capital investments, pricing decisions, COGS, labor patterns, inventory variances, and vendor contract negotiations.
Establish best practice benchmarks against which to measure performance; report financial and operating metrics regularly.
Manage the annual budget process and weekly/monthly forecasting.
Cashflow management including forecasting; oversee and control reconciliation of all cash and credit card accounts.
Provide oversight of state and local tax and licensing filings.
Partner with outside accounting firm for tax planning and preparation.
Manage and reconcile all intercompany activity and consolidations
Oversee and reconcile transactions with ownership including contributions, distributions, loans, and management fees.

EXPERIENCE & REQUIREMENTS

No less than 15 years of total experience.
A CPA Certification is required.
Strong understanding of inventory is required, ideally from the restaurant/hospitality or retail industry.
Strong accounting and general ledger analytical skills.
High proficiency in Microsoft Office Suite programs (especially Excel),
Results oriented, hands-on, organized, attention to detail; able to multitask and prioritize work
High integrity with a commitment to excellence
Excellent written, verbal, and interpersonal communication skills

The Newcastle Search Group, LLC

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Chief Financial Officer