Northeast Transport Inc based in Waldoboro, ME with an office in Bangor, ME is in search of a Chief Financial Officer (CFO) for its fast-growing medium-sized transportation company that will be responsible for overseeing all financial operations, strategy, and risk management to ensure profitability in a high-volume, capital-intensive environment.
Key Responsibilities
- Financial Strategy & Planning: Develop and execute financial strategies that support growth, such as fleet expansion or warehouse investments.
- Monthly review of profit and loss analysis with executive management.
- Cost Management & Analysis: Work in conjunction with Operations Director to monitor operational KPIs, including cost-per-mile, route profitability, driver performance, and equipment ROI.
- Capital & Treasury Management: Manage cash flow, working capital, and secure financing for equipment (trucks, trailers, etc.).
- Budgeting & Forecasting: Oversee operating and capital budgets, ensuring accuracy in forecasting amidst volatile factors like fuel prices.
- Technology & Reporting: Implement financial systems integrated with fleet management tools to enhance tracking and reporting accuracy.
- Leadership: Lead, build, and mentor internal finance and accounting teams.
Required Skills & Qualifications
- Experience: Proven experience as a CFO or VP of Finance.
- Education: Bachelor’s degree in finance, Accounting, or Business; CPA or MBA is highly preferred.
- Industry Knowledge: Familiarity with transportation-specific software (telematics, dispatch, ERP) preferred.
- Soft Skills: Strong leadership, negotiation skills (for insurance/vendors), and the ability to work under pressure.
Medium-Fleet Specific Focus
In a medium-sized fleet (e.g., 50–500 vehicles), the CFO is often a hands-on partner with the ownership/President, requiring a mix of strategic planning and day-to-day operational oversight to optimize cash flow.
Job Type: Full-time
Pay: $100,000.00 - $125,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
