Job Title: Chief Financial Officer (CFO)
Department: Finance
Reports to: Chief Executive Officer (CEO)
Location: Sioux Falls, South Dakota
Position Overview:
The Chief Financial Officer (CFO) for a retail company is a strategic leader responsible for overseeing all financial operations of the organization. This includes driving the financial planning of the company, managing risk, ensuring financial sustainability, and providing financial insights to guide decision-making. The Retail CFO will also play a key role in optimizing revenue, cost management, and overseeing company investments, while ensuring compliance with financial regulations.
Key Responsibilities:
Financial Strategy & Leadership:
- Develop and execute the financial strategy to support the company's goals.
- Provide strategic recommendations to the CEO and executive team.
- Lead and manage the finance team, ensuring continuous improvement of financial processes.
- Forecast financial performance and develop strategies for growth, profitability, and cost management.
Financial Planning & Analysis:
- Oversee budgeting, financial forecasting, and reporting processes.
- Analyze financial data to identify trends and advise on business strategies.
- Provide regular financial reports to senior leadership and the Board of Directors, including revenue forecasts, profit margins, and financial projections.
- Evaluate and advise on the impact of long-range planning, introduction of new products, and regulatory actions.
Cash Flow, Cost Management & Profitability:
- Monitor the financial health of the company, ensuring sufficient cash flow to meet operational needs.
- Manage and optimize cash flow, working capital, and capital expenditures.
Risk Management & Compliance:
- Ensure compliance with legal and regulatory requirements, including tax filings, audits, and financial disclosures.
- Manage relationships with auditors, banks, and other financial institutions.
- Ensure the company meets financial and legal obligations with state, and federal standards.
Financial Operations & Technology:
- Streamline and improve accounting, financial reporting, and internal control systems.
- Oversee the company’s financial systems and tools, ensuring they support business objectives and growth.
Key Qualifications:
To perform this position 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.
Education and/or Experience
1. Bachelor’s degree in Finance, Accounting, Business Administration, or related field and at least seven (7) years of senior-level government or telecommunications experience in finance or accounting. Master’s degree in Business Administration (MBA) and Certified Public Account (CPA) designation is preferred.
2. Thorough knowledge of finance and accounting practices and procedures.
3. Knowledge of or the demonstrated ability to learn the laws and regulations governing the operation of the telephone, electric, water and wastewater utilities.
4. Ability to supervise and direct personnel in a manner conducive to full performance and high morale.
5. Ability to assemble, organize, and present in oral or written form, statistical, financial and factual information.
6. Ability to analyze and interpret significant data to formulate conclusions and recommend appropriate courses of action.
Benefits:
- Health Insurance
- Dental Insurance
- Vision Insurance
- ESOP & 401(K) Retirement Plan
- Paid Time Off
- Employee Discount
- Supplemental & Life Insurance
Pay:
Potential for bonuses!
Job Type: Full-time
Pay: $135,000.00 - $165,000.00 per year
Schedule:
Ability to Commute:
- Sioux Falls, SD 57106 (Required)
Ability to Relocate:
- Sioux Falls, SD 57106: Relocate before starting work (Required)
Work Location: In person
