CHIEF FINANCIAL OFFICER

Palco • Full-time • Remote (Saint Louis, Missouri, United States) • 6d ago

CHIEF FINANCIAL OFFICER

Palco is a visionary company pioneering an emerging health-care movement that empowers people with disabilities and those aging to live independent and quality lives. Made possible by our amazing team, Palco provides technology and financial services to aid individuals and their families to thrive in their home and communities. Partnered with government agencies and fortune 500 managed care organizations across the country, we are dedicated to creating exceptional outcomes for our clients and the millions of people that count on them. We are a highly organized company that offers a solid work/life balance, autonomy, generous paid time off, bonus potential, and career advancement opportunities. Our staff make long-lasting impact on the lives of people every day.

The Chief Financial Officer (CFO) is responsible for providing strategic financial leadership, overseeing all financial and accounting operations, ensuring fiscal sustainability, and driving financial performance. This role ensures financial integrity, regulatory compliance, and operational excellence. The CFO will work closely with the executive team to shape and execute the company’s financial strategy, optimize processes, and support organizational growth.

This is a remote position but would require some travel to our corporate office in Maumelle, AR. Must be located within driving distance.

Key Responsibilities:

Financial Strategy & Leadership

Develop and implement comprehensive financial strategies to support short-term and long-term organizational goals, including revenue growth, cost control, and profitability improvement.
Provide financial leadership and strategic direction to senior management, ensuring alignment with the company’s vision and business objectives.
Identify and develop tools, resources, and systems to deliver financial and operational information to the Executive Team and board, offering insights for decision-making.
Guide financial decisions by applying company policies and procedures to the current economic landscape.

Financial Reporting & Compliance

Oversee the preparation of accurate and timely financial reports, including financial statements, budget analyses, and forecasts.
Ensure compliance with regulatory requirements, accounting standards, and internal policies to mitigate risks and maintain financial integrity.
Develop and enforce strong internal controls to safeguard company assets, ensure accurate financial reporting, and enhance operational efficiency.
Coordinate and prepare internal and external financial statements.
Manage activities related to external audits and ensure smooth compliance processes.

Budgeting, Forecasting & Cash Management

Direct the annual budgeting process, long-term financial planning, and forecasting to inform the company’s strategy.
Manage cash flow, including projections and cash management strategies to ensure the company has adequate liquidity.
Oversee capital structure to optimize resource utilization and maximize returns.
Responsible for financial forecasting and variance analysis, implementing corrective actions when necessary.

Operational Oversight

Lead and manage the Accounting, Billing, and Tax Departments, ensuring efficiency, accuracy, and compliance across all financial operations.
Planning, directing, and coordinating all accounting operational functions.
Managing the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results.
Oversee reconciliations of general ledger, bank accounts, and financial statements.
Evaluate and implement accounting systems and financial technology to improve efficiency.

Risk Management

Assess financial risks and implement strategies to mitigate them while balancing risk with growth opportunities.
Ensure the organization’s long-term fiscal health by evaluating the potential impact of business decisions on financial stability.
Oversee regulatory reporting, frequently including tax planning and compliance.

Team Leadership & Development

Hire, train, and retain a high-performing finance, payroll, tax, billing, and accounting teams, fostering an environment of trust, accountability, and collaboration.
Provide dynamic leadership that enhances team productivity, ensures professional growth, and builds a strong financial team.
Maximize payroll efficiency through innovative process development.

Collaboration & Stakeholder Management

Serve as a key advisor to the CEO and senior leadership on all financial matters, offering actionable insights and recommendations.
Communicate financial performance, risks, and strategic priorities to owners, the board of directors, and other key stakeholders.
Establish (in coordination with the executive team) financial and operating benchmarks, budgets, program monitoring, and reporting standards on a biweekly, monthly, and annual basis.
Implement consistent accounting policies, practices, and procedures across all programs, adhering to national and local legal standards while remaining knowledgeable of proposed legislation.

EDUCATION AND EXPERIENCE

Bachelor’s Degree in Accounting, Finance, Economics, or a related field; CPA, MBA, or JD preferred.

10+ years of experience in a Chief Financial Officer or senior financial leadership role.
Proven leadership skills with the ability to guide financial strategy and foster team development.
Strong knowledge of GAAP, internal controls, and regulatory compliance.
Extensive experience with audits, financial management, and implementing best practices in finance and operations across diverse organizations.
Exceptional communication and interpersonal skills, with the ability to collaborate effectively across departments and management levels.
Demonstrated ability to thrive in fast-paced environments, managing multiple projects simultaneously and meeting tight deadlines.
Excellent leadership, team management, and interpersonal skills.
Strong analytical and problem-solving skills with a strategic mindset.

Join Us

Company benefits designed for you:

- Generous Paid time off.
- Quarterly/Annual bonus potential.
- Retirement Savings: We will support you as you save for your future.
- Career Growth Opportunities: We help you thrive, so together, we can grow. We provide opportunities to advance your career with a vast portfolio of businesses and a global footprint.
- Paid Training: Earn while you learn, and continue to grow with access to internal and external learning opportunities.
- Great Work Environment: We are proud of our company culture of collaboration and the recognition we’ve received for our diversity efforts.

When you join Palco, you are engaged in creating the future - both our company’s, the people we serve, and your own. We understand that our success is directly related to the success of our team. We strive to create a culture where you can:

Bring your authentic self to work.
Grow and thrive, both personally and professionally.
Make a difference with our clients, in our communities, and with the millions of people we support.
Experience work/life balance.
Feel value and a greater purpose through the work you do.