Chief Financial Officer

A large privately held Fort Worth-based manufacturing and distribution company with sales in excess of $100 million annually is seeking a Chief Financial Officer.

Strategy, Planning and Management

• Act as Chief Financial Officer and strategic business partner to senior executive leadership team.
• Assess and evaluate financial performance of organization with regard to long-term operational goals and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plan of organization.
• Identify, acquire and implement systems and software to provide critical financial and operational information.
• Communicate, engage and interact with CEO, COO and Leadership Team.
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansion and market share objectives.
• Recruit, interview and hire finance, accounting and payroll staff as required.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Interact with and bring department into line with Leadership Team plans, initiatives and recommendations.
• Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Financial Analysis, Budgeting and Forecasting

• Prepare and present monthly financial budgeting reports, monthly profit and loss by division, forecast versus budget by division, and weekly cash flow by division.
• Review and analyze monthly financial results and provide recommendations and cost-control measures.
• Identify, develop and execute analysis of business initiatives, product launches and new service offerings.
• Develop and maintain monthly operating budgets, CapEx budgets and annual company operating budget.
• Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Accounting, General Ledger, Administration and Operations

• Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.
• Provide regular maintenance and backup of all accounting systems; supervise company financial staff.
• Review and ensure application of appropriate internal controls and financial procedures.
• Ensure timeliness and accuracy of financial and management reporting data.
• Oversee the preparation and communication of weekly, monthly and annual financial statements.
• Work with Human Resources to ensure appropriate legal compliance and analysis of HR metrics, such as employee turnover and efficiency.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Oversee preparation of monthly, quarterly and annual financial statements.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools and control systems.
• Hire, develop and manage managers and staff.
• Serve as a key point of contact for external auditors.

Financial and Cash Management

• Working capital management and cash flow planning processes to ensure fund availability.
• Maintain banking relationships and strategic alliances with vendors and business partners.
• Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
• Engage with Leadership Team to develop short-term and long-term plans, projections and budgets.

Cash Management

• Oversee weekly cash management, oversee AP Department and supervise Accounts Receivable management, and provide guidance relating to the collection process.

Chief Financial Officer (CFO) – Position Requirements

• Bachelor’s Degree in Accounting or Finance
• CPA preferred
• 6 years minimum experience as a CFO
• Background coordinating with I.T. staff to manage the upgrade of accounting systems.
• “Hands On” ERP Systems Experience
• Outstanding communication skills
• Demonstrated leadership ability, confidence and executive presence – ability to motivate staff
• Excellent analytical, reasoning and problem-solving skills
• Significant experience working with internal controls and compliance-related issues.

Competitive salary based on industry experience