Position Summary
The Broe Group Chief Financial Officer is a key financial advisor and business partner to the CEO, President & CIO, and other senior finance executives across the Broe Group, providing strategic financial leadership for the Broe Group and its affiliates. This role is responsible for actively participating in all financial activities including investment decisions, managing the balance sheet and overseeing capital market activities as required; proactively identifying opportunities and areas that require process improvements. The OmniTRAX and Real Estate CFOs will report on a dotted line basis to the Broe Group CFO.
Essential Responsibilities - Develop a “Best-In-Class” Finance Organization - Accounting, Tax, Treasury, and Financial Planning & Analysis (FP&A) at the Broe Group parent will report to the Broe Group CFO
- Continue the transition to GAAP-compliant financial reporting, establishing and enforcing accounting policies, procedures, and internal controls that align with GAAP to ensure transparency, consistency, and audit readiness.
- Maintain strong internal financial controls and analytic tools that help top management, as well as other executives, manage and grow the business.
- Improve financial reporting to Trustees, the Broe Family Board and Broe Family members to help them govern and be good stewards of the Broe Group businesses.
- Continue development and provide leadership to a talented and highly motivated existing team of financial professionals in a “high-performance” culture characterized by integrity, morale, efficiency, productivity, teamwork, collaboration and innovation; develop a strong bench of professionals with a succession plan for key individuals.
- Strategic Financial Business Partner:
- Support all financial aspects of the business, which include capital markets activities, operations, investment portfolio reviews, focus on efficiencies that increase shareholder value, and assist with capital allocation decisions.
- Collaborate and advise on all Capital Markets activities and new investments across the Broe Group.
- In conjunction with other members of the leadership team, he/she will engage in the pursuit of investments in systems to increase operational efficiencies, rationalizing expenses, “smarter” working environment, accounting and planning sophistication
- Coordinate distributions and contributions from and to the business units from the Broe Group parent. Evaluate and coordinate all matters of accounting and cash management at the business units that affect the Broe Group parent, to include income tax, estate tax, trust and estate matters that affect cash distributions to beneficiaries.
Supervisory Responsibilities
- Responsible for managing all Accounting, Tax, Treasury, and Financial Planning & Analysis (FP&A) at the Broe Group
- Dotted line responsibility for the CFO’s at Broe Real Estate and OmniTRAX
Required Qualifications, Knowledge, Skills, And Abilities
- A bachelor’s degree is required
- Minimum of 15 - 20 years of relevant financial experience with at least five years in a senior management role, ideally as Chief Financial Officer.
- Considerable experience in the areas of accounting and controls, estate and income tax strategies, financial reporting, and improving efficiencies between parent / wholly owned subsidiaries.
- Experience with the legal and tax implications of Trusts, working with Trustees and Family Members / Beneficiaries.
- Experience working for a private, family-owned business
- Experience coordinating banking relationships
- Experience with risk management to include insurance programs, and interest rate / commodity hedging programs
- Possess the highest integrity and ethical standards
- An articulate, decisive, and effective communicator; gravitas, presence. Must be able to communicate with both Gen1 and Gen2 at the Broe Family
- Strong leadership, management, team building and interpersonal skills.
- Experience evaluating new deals and helping to manage an investment portfolio preferred
- Balance of confidence and humility. Ego in check.
Required Certifications and Licenses
- CPA or equivalent certification / experience preferred
- Real estate industry experience preferred
Preferred Qualifications, Knowledge, Skills, And Abilities
- An advanced degree in business and/or finance and accounting is preferred.
- Master’s degree in taxation – preferred.
Work Environment
- Presence in the Denver corporate office 5 days per week required.
- Must be located in Colorado, or willing to permanently relocate
- Work in a climate-controlled office and routinely use standard office equipment.
Travel
- As required – approximately 20%
Compensation - Estimated Starting Annual Salary: $385,000.00
- Exact starting salary is determined by merit; seniority; geographic location; education, training, and/or experience related to job duties and responsibilities
- Eligible for Participation: Annual Discretionary Bonus of 50%
- Eligible for Long Term Incentive Plan
- FLSA Status: Exempt, Not Eligible for Overtime
Physical Requirements
% of Work Time
Remain in a seated position
80%
Speak and hear clearly
100%
Lift office products and supplies, up to 20 lbs.
20%
Stoop, kneel, bend and reach
10%
Dexterity to write and manipulate keyboard and mouse
100%
