Major retail company seeks CFO.
Location: Corona, California
Salary: $350K-450K plus annual bonus potential *Depending on your experience
Report to CEO
FLSA Classification: Exempt
Department: Accounting
Benefit: medical insurances, dental plans, Vision,
Life and AD&D
Supplemental insurances such as long-term disability, hospital, etc.
Employee Assistance Program
Tuition Support Program
401K match up to 3%
paid holidays
PTO
PSL
OVERVIEW:
The Chief Financial Officer (CFO) is a hands-on executive leader responsible for driving the
financial management of a fast-growing retail company. This role oversees Finance,
Accounting, Treasury, Tax, IT, strategy, and budget forecasting, ensuring the organization’s
growth, investments, and overall financial health are well supported.
With the company’s entrepreneurial and growth-focused mindset, the CFO is expected to
balance high-level vision with practical execution. While guiding the finance team and shaping
long-term strategy, the CFO will also roll up their sleeves and contribute directly to the functional
work needed to keep a lean, high-performing team operating at its best.
Main Responsibilities:
Accounting - Lead/Manage all aspects of company accounting, including managing
the Finance Team, providing accurate and timely financial reporting (statements,
budgets, projections, analytics), maintaining financial systems, processes and
controls, and overall functional integrity.
Finance and Analytics - Evaluate, analyze, and make recommendations pertaining to
the company’s strategic plans and performance, active and anticipated investments,
resource allocation (especially in response to fiscal scenarios), external/internal
change, and risk management.
Executive Leadership - Work directly with the CEO and the Leadership Team in the
planning, execution, critical thinking, innovation, and problem-solving necessary for
the organization to reach its goals and fulfill its mission.
Lead, manage and guide the professional development of the accounting and
finance team members.
Oversee the company’s accounting functions, including cash, AR, AP, inventory, and
the general ledger.
Produce financial statements and management reports.
Manage monthly fully reconciled, accrual accounting financial statements, including
profit and loss, balance sheet, and cash flow statements.
Produce budgets and projections (monthly and annual), including variance reports
and analysis.
Capital and cash flow projections and management, including multiple-outcome
scenario planning.
Establish and maintain proper financial controls and checks and balances, including
internal audits and protections against fraud/theft.
Establish and maintain financial compliance requirements, including tax filings,
lender / investor requirements, and other government regulatory requirements.
Ensure proper management of fiscal relationships with partners, including contracts,
royalty statements, payments, etc.
Provide financial health analysis, including margin analysis, return on investment
calculations, and business model optimization.
Develop and maintain key leading and lagging indicators that impact and inform the
financial performance of the organization, including relevant benchmarking and best
practices.
Develop and maintain other ad hoc financial reporting and management as needed,
including risk assessments, financing requirements, business model analysis,
cost/benefit analysis, and investment return estimates.
Project, plan and evaluate business investments into new services and partnerships.
Negotiate and/or provide input and analysis for high risk/high impact financial deals.
Proactively raise issues with direct or indirect financial impact and possible solutions.
Work with Leadership Team members to refine their budgets for optimal efficiency
and results.
Interface with business professionals including bankers, CPAs, attorneys, vendors,
contractors, etc.
Interface with partners, investors, and relevant stakeholders as needed, to manage
high risk, high return issues and relationships.
Guide managers in the creation, refinement, and optimization of sub-team budgets.
Improve existing systems and establish new systems to drive effective decision-
making and improve efficiency.
Can articulate and be an effective communicator that can explain financial concepts
and information to all team members in a way that is well contextualized,
understandable, and actionable.
Guide and direct the Leadership Team to sharpen strategy and steward
implementation of that strategy so the company can create sustainable and scalable
growth, and recurring revenue, and improve and develop products and resources to
advance the company’s mission and success.
Collaborate with and guide the Leadership Team to maintain and improve a friendly,
sustainable, diverse, collaborative, equitable, inclusive, and efficient team culture.
Development and implementation of corporate financial strategies supporting both
short- and long-term growth plans.
Prepare quarterly (or more frequent) forecasts and annual budgets of revenue and
expenses.
Enhancement of systems, controls, and measures in support of the company’s
expanding business.
Financial oversight of transaction processing with a keen eye on margins.
Serve as the company’s financial representative to external constituents including,
but not limited to, stakeholders, prospective investor groups, lenders, auditors, and
customers.
Manage semi-monthly cash flow and semi-monthly cash flow reporting for lenders.
Provide oversight over Information Technology staff.
Responsible for creating reports that provide insights into the company's financial
standing, including accounts receivable, accounts payable, and inventory.
Responsible for the company's liquidity, debt, and assets. That includes any
investments the company may have, whether physical assets, such as buildings and
equipment, or financial investments.
Uses available data and reports, both internal and external, to advise on areas
including product development, market expansion, M&A and capital investments, as
well planning and forecasting across the organization.
Skills and Qualifications:
1. At least 15 years of progressive experience in accounting and/or finance functions.
2. Proven track record as a CFO, including leadership within growth-focused
organizations generating revenues of $1B or more.
3. A minimum of 10 years leading or supervising both accounting and IT departments.
4. Bachelor’s degree in Accounting or Finance required.
5. Demonstrated M&A experience within multi-entity organizations.
6. Experience working in nationwide, multi-site operations is required.
7. Professional accreditation such as CPA or CMA is required.
8. Master’s degree in business administration (MBA) is preferred.
9. Comprehensive knowledge of Generally Accepted Accounting Principles (GAAP), as
well as Financial Accounting Standards Board (FASB) and Government Accounting
Standards Board (GASB) pronouncements and interpretations.
10. Considerable knowledge of budget preparation and administration and of data
processing and its application to accounting and management information systems
and to the development of statistical, cost and evaluation data and procedures.
11. Extensive experience preparing, justifying, and administering a budget.
12. Considerable knowledge of federal, state, and local tax laws.
13. Prior experience developing and implementing custom financial and management
reporting and dashboards (when they haven’t previously existed).
14. Start-up experience a plus and/or experience in lean and growing organizations,
where roles evolve, sometimes swiftly.
15. Prior experience working with an owner-operator entrepreneur is a plus.
16. Must be flexible to work outside of traditional business hours. Think: 24/7 mentality.
17. Considerable knowledge of organizational planning techniques, including developing
goals and objectives, staffing, and work standards.
18. Knowledge of the principles and practices of budgetary administration and control.
19. Ability to develop, implement, and monitor administrative policies and procedures.
20. Ability to evaluate program effectiveness.
21. Ability to communicate both orally and in writing.
22. Ability to supervise and evaluate the work of subordinates.
23. Ability to establish and maintain effective working relationships both internally and
externally.
24. Ability to work under pressure.
25. Ability to develop and maintain effective financial control mechanisms.
26. Ability to manage multiple complex and interactive multi-step projects.
27. Ability to coordinate long term and short-term planning methodologies in a rapidly
changing environment.
28. Ability to collect, analyze and summarize data and to prepare clear and concise
reports.
