Chief Financial Officer

Search Solution Group • Full-time • North Carolina, United States, US • 2w ago

Position summary:

The CFO drives treasury and cash flow management, inventory and floor plan finance, and operating performance across a multi-location dealership platform, and oversees public-company reporting and controls.

The CFO works directly with the CEO, board, and lenders, and relies on the Director of Accounting and Finance and an internal governance and reporting team to execute day-to-day accounting and filings.

Key responsibilities:

The CFO's time centers on cash flow, inventory, and operating performance. Public-company reporting and governance are executed by the Director of Accounting and Finance and the internal governance and reporting team under the CFO's oversight.

Treasury and cash flow management

• Own the 13-week cash flow forecast and monthly liquidity reporting, planning for seasonal swings in inventory, customer deposits, and receivables.

• Manage bank relationships, cash positioning across entities, and working capital, including payables timing and collections.

• Invest offering proceeds and excess cash under a board-approved policy and track cash runway against the operating plan.

• Maintain approval controls over disbursements, wires, and intercompany transfers.

Inventory and floor plan

• Manage floor plan facilities and lender relationships, including borrowing base, curtailments, audits, and covenant compliance.

• Drive inventory turns and aging discipline by brand, model, and location; partner with sales on OEM orders and model-year transitions.

• Work closely with COO and President of retail division to track incoming and outgoing deals

Acquisition support

• Support selective dealership and brokerage acquisitions with financial modeling, diligence, and post-close integration.

Investor relations and financing

• Support occasional equity or debt financings with the CEO and board as needs arise, and maintain the cap table and equity plan.

• Build the investor story with the CEO; lead earnings calls, investor conferences, and analyst relationships.

FP&A and operations

• Build the annual budget, rolling forecast, and board reporting package with budget-vs-actual analysis by location and revenue line.

• Report on gross margin by unit, F&I penetration, service absorption, and SG&A per unit.

• Oversee tax, insurance, payroll, and risk management.

Reporting and governance oversight

• Oversee the Director of Accounting and Finance and the governance and reporting team on 10-K, 10-Q, 8-K, and proxy filings; review and sign certifications.

• Oversee the SOX 404 program, monthly close, and annual audit; serve as primary contact for the audit committee and external auditors.

• Approve significant technical accounting positions, such as revenue recognition, acquisitions, and goodwill.

Leadership

• Lead and grow the accounting and finance team, including the Director of Accounting and Finance, the governance and reporting team, staff accountants, and location office managers.

• Serve as a trusted advisor to the CEO and board on strategy, capital allocation, and risk.

Qualifications Required:

• Bachelor's degree in accounting or finance.

• 12+ years of progressive finance and accounting experience, including 4+ years as CFO, VP Finance, or Corporate Controller.

• Public company CFO or senior finance experience, preferably at a micro- or small-cap.

• Working knowledge of SEC reporting, SOX 404, and audit committee practices.

• Working knowledge of inventory-heavy, asset-based financing such as floor plan or ABL facilities.

• Comfort operating with a lean team and doing detailed work personally.

• Demonstrated treasury and cash flow management experience, including 13-week cash forecasting in a seasonal or inventory-heavy business.

• Hands-on experience with Sage accounting software (must have).

Preferred

• MBA/ CPA

• Retail dealership experience in marine, RV, powersports, or automotive.

• Exposure to dealership acquisitions and integration.

• Familiarity with dealer management systems and multi-entity ERP consolidation.

• Investor relations experience with retail and institutional micro-cap investors.

• Some experience supporting equity or debt financings.

How to Apply:

To apply for this position, please click the "Apply" button at the top right of your screen. Alternatively, you can email your application to info@ssgresume.com. Please ensure to include your resume and any other relevant documents or information that showcase your qualifications and suitability for the role. We appreciate your interest in joining our team and look forward to reviewing your application.

Equal Opportunity Employer Statement:

Search Solution Group is an Equal Opportunity Employer committed to fostering an inclusive workplace where diversity is valued and respected. We do not discriminate on the basis of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status in our hiring process or employment practices. We believe that a diverse workforce brings unique perspectives and strengths, driving innovation and growth. All employment decisions are based on qualifications, merit, and business needs. We welcome applicants from all backgrounds to apply and contribute to our team.

Disclaimer:

Please note that the job description provided is not exhaustive and is subject to change. Additional duties may be assigned as needed to meet the evolving needs of the organization and to ensure the successful completion of projects and objectives.