Chief Financial Officer- Rockit Ranch Productions

2 weeks ago

Chicago, United States Sunda LLC Full time

Chief Financial Officer - This position can be remote, travel required as needed on location in major metropolitan areas.

The Chief Financial Officer will play a critical role in partnering with the senior leadership team in strategic decision making and operations as Rockit Ranch Productions continues to enhance its quality programming and build capacity. This is a tremendous opportunity for a finance leader to maximize and strengthen the internal capacity of a well-respected, high-impact organization. The CFO will be responsible for all financial and fiscal management aspects of company operations and provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.

The CFO plays a crucial role in shaping a brand's financial strategy, optimizing operational efficiency, and maximizing profitability across all restaurant locations.

Key responsibilities:

  • Develop and execute the overall financial strategy in alignment with the company's goals and objectives.
  • Provide strategic guidance and insights to the executive team on financial matters, risks, and opportunities.
  • Oversee budgeting, forecasting, and financial planning processes to optimize resource allocation and financial performance.
  • Implement effective financial controls and systems to safeguard company assets and ensure compliance with regulatory requirements.
  • Conduct comprehensive financial analysis, including variance analysis, trend analysis, and key performance indicators (KPIs) tracking.
  • Prepare and present accurate and timely financial reports to the executive team, board of directors, and external stakeholders.
  • Identify areas for improvement and cost-saving opportunities through detailed financial modeling and scenario analysis.
  • Provide proactive insights on financial trends, risks, and potential business impact to guide strategic decision-making.
  • Optimize cash flow management and forecasting processes to ensure adequate liquidity for daily operations and future growth initiatives.
  • Manage relationships with financial institutions, investors, and external stakeholders to secure necessary funding and maintain strong capital structure.
  • Evaluate investment opportunities, perform due diligence, and make informed recommendations on capital allocation.
  • Implement robust risk management practices and internal controls to mitigate financial, operational, and regulatory risks.
  • Ensure compliance with accounting standards, tax regulations, and other financial obligations.
  • Stay updated on industry trends, market dynamics, and changes in financial regulations to adapt strategies accordingly.
  • Lead and mentor a high-performing finance team, fostering a culture of collaboration, innovation, and continuous improvement.
  • Develop and nurture talent within the finance department, providing coaching, training, and professional development opportunities.
  • Foster strong cross-functional relationships with other departments to support strategic initiatives and achieve overall company objectives.

Qualifications:

  • Bachelor's in Finance, Accounting, Economics, or related field. MBA or advanced degree preferred.
  • Proven experience as a CFO or in a senior finance role within the restaurant or hospitality industry.
  • Strong financial acumen and a deep understanding of financial analysis, budgeting, forecasting, and strategic planning.
  • Expertise in restaurant financial metrics, cost control, and performance analysis.
  • Comprehensive knowledge of accounting principles and financial regulations.
  • Exceptional analytical skills with the ability to interpret complex financial data and provide actionable insights.
  • Proven track record of successfully driving financial performance, growth, and profitability.
  • Excellent leadership abilities with a collaborative and proactive approach.
  • Strong communication and presentation skills, with the ability to effectively convey complex financial information to non-financial stakeholders.
  • Demonstrated ability to manage multiple priorities in a fast-paced environment while meeting deadlines.

The CFO must be well-versed in all aspects of financial management ranging from simple accounting to broad investment and banking operations. The ideal candidate will be an excellent leader since all relative departments of the organization will be under their command.

The goal is to protect the company's revenues and profits to achieve full financial control and sustainable growth.

Responsibilities:

  • Drive the company's financial planning.
  • Perform risk management by analyzing the organization's liabilities and investments.
  • Decide on investment strategies by considering cash and liquidity risks.
  • Control and evaluate the organization's fundraising plans and capital structure.
  • Ensure cash flow is appropriate for the organization's operations.
  • Supervise all finance personnel (controllers, treasurers, etc.).
  • Manage vendor relationships.
  • Prepare reliable current and forecasting reports.
  • Set up and oversee the company's finance IT system.
  • Ensure compliance with the law and company's policies.
  • Manage team financial controllers & financial analysts.

Requirements and skills:

  • Proven experience as CFO or relevant role.
  • In-depth knowledge of corporate financial law and risk management practices.
  • Excellent knowledge of data analysis and forecasting methods.
  • Proficient in the use of MS Office and financial management software (e.g., SAP).
  • Ability to strategize and solve problems.
  • Strong leadership and organizational skills.
  • Excellent communication and people skills.
  • An analytical mind, comfortable with numbers.
  • CPA is a strong advantage.
  • BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus.

Sunda Detroit, MI (Coming Soon......Sunda location in District Detroit near Theater District.)

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