Job Details
Description
About the Role:
We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead all financial operations and serve as a key member of the executive leadership team. This role reports directly to the CEO and will be instrumental in shaping financial strategy, driving growth initiatives, and ensuring compliance across a multi-location retail organization. The CFO will also manage financial operations for four related-party real estate companies and play a critical role in acquisitions and real estate transactions.
This role is ideal for someone who thrives in a collaborative, family-oriented environment and understands the unique dynamics and strategies necessary for successful multi-location retail.
NOTE: This is an in-person position in Marshall, MN; it is not a remote or hybrid role.
What You Will Do
Strategic Financial Leadership
- Develop and execute financial strategies aligned with organizational growth objectives.
- Provide actionable insights to support store expansion, e-commerce development, and operational efficiency.
Financial Planning & Analysis
- Oversee budgeting, forecasting, and long-term financial planning for 90+ retail locations and four related-party real estate companies.
- Monitor key performance indicators and deliver recommendations to improve profitability and cash flow.
Cash Flow & Treasury
- Optimize cash flow and working capital to support operations and growth.
- Maintain banking relationships and financing strategies.
Real Estate & Transactional Oversight
- Support real estate transactions, including negotiations, contract development with legal counsel, due diligence, and closing approvals.
Acquisitions & Business Integration
- Support acquisition processes, including negotiations, financial due diligence, closing, and post-acquisition integration.
- Review and approve business contracts to ensure compliance and mitigate risk.
Accounting & Compliance
- Ensure accurate financial reporting and adherence to GAAP and regulatory requirements.
- Oversee audits and maintain robust internal controls.
Risk Management & Governance
- Implement enterprise risk frameworks to identify and mitigate financial, operational, and compliance risks.
- Champion insurance programs and business continuity planning.
- Collaborate with IT on cybersecurity and data protection initiatives.
- Monitor vendor credit exposure and conduct scenario planning for market volatility.
- Negotiation and business contract review.
Retail-Specific Focus
- Collaborate with merchandising, supply chain, and store operations to manage inventory and cost controls.
Leadership & Team Development
- Build, mentor, and inspire a high-performing finance team.
- Foster a culture of accountability, transparency, and continuous improvement.
What We’re Looking For
- Bachelor’s degree in Finance, Accounting, or related field; CPA required.
- 10+ years of progressive financial leadership experience, ideally in multi-unit retail or similar environments.
- Strong knowledge of GAAP, tax regulations, and ERP systems.
- Exceptional business acumen.
- Experience with real estate transactions, acquisitions, and contract review.
- Experience with insurance and business continuation planning.
- Exceptional leadership, communication, and strategic thinking skills.
Why Join Us
- Opportunity to make a significant impact in a growing organization.
- Family-owned, community-driven culture.
- Competitive compensation, bonus, and benefits.
- Relocation support available.
Apply Today and help shape the future of Runnings!