Director - Accounting & Finance - Direct Hire and Executive Search
An expanding business in the food service sector is seeking a CFO to further their strategic decision making capabilities based on financial assessments, investments, and business growth.
Role with the Company: Strategy, Planning and Management
Act as Chief Financial Officer and strategic business partner to senior executive leadership team.
Assess and evaluate financial performance of organization regarding long-term operational goals, budgets and forecasts.
Provide insight and recommendations to both short-term and long-term growth plan of organization.
Identify, acquire and implement systems and software to provide critical financial and operational information.
Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with the Owner, President and Leadership Team.
Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
Select and engage consultants, auditors and investors.
Recruit, interview and hire finance, accounting and payroll staff as required.
Serve as a key member of the executive leadership team and round table discussion panels.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Financial Analysis, Budgeting and Forecasting
Assist in preparation and present monthly financial budget reports including period profit and loss, forecast vs. budget and weekly cash flow.
Review and analyze period financial results and provide recommendations.
Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain the monthly and annual company operating budget.
Create reports, software implementation and tools for budgeting and forecasting.
Participate in monthly conference calls with Lenders, Vendors and Executive Leadership Team.
Accounting, General Ledger, Administration and Operations
Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.
Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Manage third party relationships with outsourced accounting provider to ensure timely and accurate financial statements within 5 days of the period end.
Review and ensure the application of appropriate internal controls and financial procedures.
Oversee the preparation and communication of weekly, monthly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Work with Human Resources to ensure appropriate legal compliance.
Oversee the period, quarterly and annual financial statements.
Review all period-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems.
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
Financial Management
Manage cash flow planning process and ensure fund availability.
Oversee cash, investments and asset management.
Explore new investment opportunities and provide recommendations on potential returns and risks.
Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plans and operating budgets.
Financial Relations and Policies
Represent the company to banks, financial partners, institutions, investors, public auditors and officials.
Monitor Smart Safe implementation project, and ongoing vendor relationship.
Bonus Plan administration.
Oversee company credit card process.
Remain current on audit best practices as well as state, federal and local laws regarding company operations.
Guide larger, cross-divisional teams outside of direct span of control within the company divisions.
Cash Management
Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACH's.
Supervise Accounts Receivable management and provide guidance relating to the collection process.
Significant experience working with external auditors, internal controls and compliance-related issues.
Background Profile:
Bachelor's degree in Accounting or Finance required
Advanced degrees in Accounting or Finance preferred
CPA preferred but not required
Experience in Real Estate, Retail, Food & Beverage, or Franchise Operations strongly preferred
Strong financial acumen to include an understanding of financial analysis, growth and profitability, forecasting and strategic planning.
Seniority level
Executive
Employment type
Full-time
Job function
Accounting/Auditing, Finance, and Strategy/Planning
Industries
Food and Beverage Retail
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