Chief Financial Officer
6 months ago
ARG has recently partnered with an established automotive accessories wholesaler/distributor that is seeking to bring on a seasons Chief Financial Officer to lead their Accounting/Finance function. The ideal candidate will have a strategic mindset and a background in wholesale/distribution operations. Additionally, this role will double as the Chief Operating Officer (COO) so having a background leading operations is needed.
Responsibilities:
- Responsible for major elements of the Organization’s forecasting and financial initiatives; Analyze all financial aspects of the firm and its financial strategy in addition to operations over the Wholesale division.
- Prepare and review financial projections and budgets, resources, timelines and key priorities
- Improve upon processes to add further precision, insight, timeliness and reliability
- Generate management reporting that keenly discerns business operations and variances and is systematic, automated, real-time and insightful
- Manage and ensure reliable cash flow projection process and reporting mechanism to meet operating needs and forecast financial position of business activities
- Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual consolidated financial statements; monitor progress and changes and keep senior leadership informed about financial status
- Guide the Corporate Accounting team (4 local staff) in addition to Shared Services (operational accounting in the Philippines)) which supports retail, wholesale, and consumer divisions
- Maintain banking relationship, including monthly submission of financial statements and borrowing base certificates to support line of credit advances
- Manage and track assets, including oversight of additions, disposals, transfers, and reconciliation of month-end activity
- Research technical accounting issues for compliance.
- Support month-end and year-end close process, including review of all monthly balance sheet reconciliations
- Review and enhance existing processes and reporting to maximize efficiency and productivity
- Strong presentation skills; previous experience delivering presentations to executive management and Board of Directors
- Operations – COO for Wholesale division – support Director of Operations in operational efficiencies, logistics, overhead allocation analysis and safety compliance.
Required Experience
- Bachelor’s degree in Accounting, Finance or equivalent; Master’s degree preferred
- CPA strongly preferred
- 15+ years of combined experience in public accounting and private industry with 4+ recent years in a retail/wholesale environment in addition to managing real estate assets.
- Strong understanding of consolidated financial reporting and flux analysis to budget
- Own all banking relationships including experience with real estate loans and capital financing
- Strong knowledge of cash flow analysis and oversight of accounts payable
- Extensive knowledge on financial modeling and forecasting
- Excellent communication and interpersonal skills are essential, as the position will be required to communicate daily with other departments and with external parties
- Strong analytical and problem-solving skills
- Ability to remain focused and multitask in a fast paced, dynamic environment
- Advanced Microsoft Excel, PowerPoint, and Microsoft Office applications and Great Plains
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