Overview
Someburros, a growing and dynamic restaurant group, is seeking an experienced and strategic Chief Financial Officer (CFO) to join our executive leadership team. Reporting directly to the President, the CFO will play a critical role in guiding the company’s financial strategy, managing daily financial operations, and supporting long-term growth initiatives.
This is a high-impact, multi-disciplinary role that encompasses accounting, financial planning & analysis (FP&A), human resources, insurance, legal, real estate, and shareholder relations. The ideal candidate brings a mix of hands-on financial expertise and high-level strategic thinking, ideally from a multi-unit restaurant or retail background.
Primary Duties & Responsibilities
Accounting & Financial Operations
- Oversee all accounting functions through direct leadership of the Accounting Manager.
- Ensure accurate and timely period-end closings, including income statements, balance sheets, cash flow statements, and reconciliations.
- Review and approve financial reports for Advisory Board meetings and operational leadership, including commentary and analysis.
- Maintain efficient accounts payable processes to optimize cash flow and vendor terms.
- Manage construction-in-progress accounting and real estate entity financials.
- Coordinate year-end tax processes and annual CPA review in collaboration with the external accounting firm.
- Develop and maintain internal financial policies, procedures, and internal controls.
- Serve as a mentor and problem-solver for the accounting team on day-to-day issues.
Financial Planning & Analysis (FP&A)
- Lead development of daily, weekly, and period-end operational reports and dashboards, including KPIs, prime profit P&Ls, and labor/cost analyses.
- Drive the budgeting process, including forecasting sales, labor, and expenses at both corporate and store levels.
- Maintain and enhance the company’s long-term cash flow model, incorporating capital projects and financing strategies.
- Analyze actual vs. theoretical costs for food and labor to identify operational improvement opportunities.
- Partner with various departments to track performance and optimize spend vs. budget.
Strategic Growth & Capital Projects
- Evaluate and model financial returns on new store projects and expansion opportunities.
- Manage construction budgets and financial documentation for new store development.
- Oversee draw processes for bank funding and coordinate with architects, GCs, and legal counsel on permitting and loan approvals.
- Engage lenders to secure and structure financing for new locations or capital needs.
Human Resources & Insurance
- Oversee the HR Manager, ensuring timely payroll processing, accurate tip pooling, and compliance with HR protocols.
- Manage 401(k) administration, risk management practices, and insurance renewals.
- Monitor and analyze insurance claims, loss runs, and incident reports to support company safety and liability goals.
- Ensure up-to-date insurance documentation and vendor COIs are on file.
Legal & Real Estate
- Coordinate legal matters, including contract reviews and lease/LOI negotiations.
- Oversee site selection, pro forma modeling, and development timelines for new locations.
- Maintain compliance with liquor license renewals, property tax schedules, and regulatory filings.
Shareholder Relations
- Prepare and distribute the annual shareholder report and participate in Board meetings as a financial advisor.
- Maintain shareholder records and ensure transparency around financial performance.
Traits of The Ideal Candidate
- Ability to translate accounting reports to non-accountants.
- Mind of a teacher - Doesn’t just create procedures, effectively teaches them.
- Can lead a team through “trust but verify” methods.
- Excellent communicator – Thoughtful yet to the point.
- Understands how to get people to do something for them through positive reinforcement and means.
- Ability to work well with other departments and have empathy for their time and skills.
- Highly detailed (pennies, not dollars).
- IT savvy.
- Impeccably ethical.
Qualifications & Experience
- Bachelor’s degree in Finance, Accounting, or related field; CPA or MBA preferred but not required.
- 10+ years of progressive financial leadership experience, ideally in multi-unit restaurant or retail operations.
- Proven success in financial strategy, budgeting, operational reporting, and team leadership.
- Strong understanding of construction accounting, cash flow modeling, and debt financing.
- Experience managing HR, insurance, and legal functions within a growing organization.
- Advanced proficiency in financial software and dashboards (Restaurant365 experience is a plus).
- Strong communication, analytical, and problem-solving skills.
- GAAP knowledge and financial reporting technical skills
Salary Description:
DOE
Benefits Package:
- 401K with match
- Bonus opportunity
- Health insurance
- Paid time off
- Opportunities for advancement and promotions
- Great compensation
- Holiday parties, gatherings and recognition events
- Maternity leave
- Employee meals
- Someburros is also very charitable and involved in community service and outreach
