Chief Financial Officer (CFO)
Responsibilities:1. Strategy•As a true business partner to the CEO and senior management, assess organizational performance against both the annual budget and company’s long-term strategy.•Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.•Assist in establishing short- and long-term objectives, and selecting and engaging outside consultants (auditors, investment advisors).•Oversee long-term budgetary planning and costs management in alignment with company’s strategic plan, especially as the organization considers, potential acquisitions, and collaborations with external organizations.2. Executive Management•Serve as a member of executive leadership team.•Participate in key decisions pertaining to strategic initiatives, operating model and operational execution.•Review significant contracts related to both revenue and expenditures prior to execution.•Participate, as required, in negotiation of financial elements of significant contracts.3. Financial Planning and Analysis•Prepare and maintain regular financial planning reports; Monthly profit and loss forecast by division (vs. budget); Monthly cash flow forecast.•Complete analysis of financial results; Develop recommendations (strategic and tactical).•Develop and execute analysis of various business initiatives (e.g., opening new operations, asset acquisition, new service launches).•Develop and maintain capital budget.•Assist in development of financial planning and analysis exercises/reports.4. Finance•Oversee cash flow planning and ensure availability of funds as needed.•Oversee cash, investment, and asset management.•Oversee financing strategies and activities, as well as banking relationships.•Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.•Develop financial analyses to provide improved ability to assess project profitability and apply findings to pricing of future projects.5. Planning, Policy, and Investor Relations•Coordinate the development and monitoring of budgets.•Develop financial business plans and forecasts.•Participate in corporate policy development as a member of the senior management team.•Engage executive leadership to develop short-, medium-, and long-term financial plans and projections.•Represent the company to financial partners, including financial institutions, investors, auditors, public officials, etc.•Oversee benefit plans and act as primary point of contact for plan providers.6. Accounting and Administration•Work with our external accounting firm to ensure proper maintenance of all accounting systems and functions.•Ensure maintenance of appropriate internal controls and financial procedures.•Oversee the preparation and communication of monthly and annual financial statements.•Coordinate audits and proper filing of tax returns with our external accounting firm.•Ensure legal and regulatory compliance regarding all financial functions.7. Team Management•As the company grows oversee the hiring and management of key team members to help better manage financial operations.8. Accounting Activities•Oversee preparation of month-end, quarter-end and year-end financial statements.•Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.•Enhance and implement financial and accounting systems, processes, tools and control systems.•Manage the Accounts Receivable system to ensure that all jobs are being invoiced for and all invoices are being paid.•Serve as final point of escalation for Accounts Receivable/Accounts Payable issues.•Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.9. Cash Management•Oversee weekly cash management; Approve weekly payables.•Oversee AR management and provide support to collections activities.10. Corporate Development•Represent company in efforts with investment bankers and potential investors.•Provide guidance on any potential changes in corporate legal structure.•Prepare various analyses and reports required by corporate development efforts.