Job details
Job type full-time
Full job description
Description:
Basic function: the chief financial officer position is accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial resultsPrincipal accountabilities are:
Planning
1Assist in formulating the company`s future direction and supporting tactical initiatives
2Monitor and direct the implementation of strategic business plans
3Develop financial and tax strategies
4Manage the capital request and budgeting processes
5Develop performance measures and monitoring systems that support the company`s strategic direction
Operations
1Participate in key decisions as a member of the executive management team
2Maintain in-depth relations with all members of the management team
3Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
4Assume cio functions
5Oversee the financial operations of subsidiary companies and foreign operations
6Manage any third parties to which accounting or finance functions have been outsourced
7Oversee the company`s transaction processing systems
8Implement operational best practices
9Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
10Supervise acquisition due diligence and negotiate acquisitions
Financial information
1Oversee the issuance of financial information
2Personally review and approve all form 8-k, 10-k, and 10-q filings with the securities and exchange commission (if the company is publicly held)
3Report financial results to the board of directors
Risk management
1Understand and mitigate key elements of the company`s risk profile
2Monitor all open legal issues involving the company, and legal issues affecting the industry
3Construct and monitor reliable control systems
4Maintain appropriate insurance coverage
5Ensure that the company complies with all legal and regulatory requirements
6Ensure that record keeping meets the requirements of auditors and government agencies
7Report risk issues to the audit committee of the board of directors
8Maintain relations with external auditors and investigate their findings and recommendations
Funding
1Monitor cash balances and cash forecasts
2Arrange for debt financing and equity financing
3Invest funds
4Invest pension funds
Third parties
1Participate in conference calls with the investment community
2Maintain banking relationships
3Represent the company with investment bankers and investors
Requirements:
Desired qualifications: the candidate chief financial officer should have a master`s degree in accounting or business administration, or equivalent business experience and 10+ years of progressively responsible experience for a major company or division of a large corporationShould have experience in partnering with an executive team, and have a high level of written and oral communication skillsPreference will be given to candidates with an mba in finance and the certified public accountant or certified management accountant designations.
Additional qualifications: if the company has extensive overseas operations, it may also be necessary to include a language requirementIf the company is a small one, then the chief financial officer may also take on the role of the controllerIf the company operates in an industry that requires specialized accounting knowledge, then include an industry experience requirement of at least two years.
Working conditions: will work in an office environmentExtensive travel to company subsidiaries will be necessary, as well as for investor road shows.
Supervises: controller, tax manager, human resources manager, investor relations officer
