Compensation: $ annual + bonus eligibility
Location: Houston, TX- Galleria area M-F 100% in office, Business Professional Attire required.
Company Overview
Our client is a diverse maritime logistics services company. They specialize in cargo handling, towing and tugboat services, ship management and vessel design, with concentration in the Americas, and internationally.
Position Overview
We are seeking a results-oriented Chief Financial Officer (CFO) to join our team of high-performing professionals. Candidates should be well-versed in financial planning and strategy, managing profitability, and forecasting, and will be responsible for overseeing and directing the organization's financial goals and objectives through the development of strategy, people, processes and systems to enable the profitable growth of the business.
Strong ethics, integrity, honesty and hard-working are some of the non-negotiable traits we are seeking. The team works in office daily, so it is expected the CFO will do the same.
Reporting Relationship
The CFO will report directly to the CEO and will be a key member of the Executive Leadership Team who must be willing to work both strategically and hands-on- with an opportunity to run the company in a succession plan.
Responsibilities:
Functional Leadership
Work closely with the CEO reporting on current financial status, preparing and providing operating budgets, financial modeling of organic growth opportunities and reporting on performance against plan. Oversee all day-to-day Finance and Accounting systems to support the management, growth and profitability of the business. This will include financial reporting, participating in the development of business plans and strategies, budgeting, analysis of operations and results, data management and accessibility, development of key business analytics and forecasting. In addition, the CFO will provide business and functional thought leadership to the organization that will include improved data analytics, business metrics, dashboards as well as communicating results to the leadership team and broader organization. The CFO will also manage and uphold the company’s current client, banking, and investor relationships.
Budgeting, Planning & Reporting
In conjunction with the CEO and key leaders, evaluate and improve the budgeting and planning process in order to streamline procedures, improve productivity and quality while reducing costs. Provide support in helping to lead the development, review and approval process of all company budgets, business plans and forecasts. Measure, review and report the company’s overall business performance to the CEO, Leadership Team and to all employees.
Financial Oversight
Compile and review month-end financial reporting: GL, Income Statement, Balance Sheet and cash flow. Oversee and improve all month-end closing activities ensuring accuracy, timeliness and an efficient month end close. Ensure legal and regulatory compliance of finance and accounting functions managing these areas in accordance with GAAP and regulatory requirements. Coordinate and oversee the successful completion of financial audits and tax return filings. The CFO will also be responsible for the debt and equity growth strategy, Fund management oversight, as well as special projects of the CEO and COO
Education
MBA or Master of Science degree in Accounting or Finance from a top tier university is required. A CPA is a must.
Professional Qualifications
- 5-10 years of progressively responsible finance and accounting leadership experience that includes at least 5 years in a senior leadership position, preferably at the CFO level that includes P & L oversight.
- Must have a successful track record in meeting financial objectives. Also, must have experience in managing the accounting function with a strong understanding of balance sheets, income statements, P & L management, budgets, cost variance analysis, audit and tax oversight. Also, must be experienced at developing and implementing strategic business plans, leading the annual planning process and budgeting.
- Must have strong leadership, good business acumen and excellent management experience with the ability to work with bankers and understand the placement of large debt and debt packages.
- It is imperative to clearly understand investor accelerated depreciation with tax experience on the debt side.
- Must be skilled with bank negotiations and putting deal packages together.
- Must be able to work effectively and collaboratively with the CEO and key leaders to identify opportunities for change, improvement and lead implementation as required in order to achieve business plans.
- The ability to lead others through example, functional thought leadership, business expertise and influence management skills. Must be hands-on, self-motivated, and accustomed to working as a player/coach with a strong willingness to both tactically execute and strategically lead an organization.
- MUST be polished and ready to meet with clients, bankers, and investors at any given moment.
