Chief Financial Officer

2 weeks ago

Kent, United States Novinium Full time

More experience. More success. More breakthroughs. Novinium is the world leader in technology to rejuvenate and extend the life of underground electrical cables, with a success rate that provides a better-than-new warranty. Our culture of accomplishment, and belief that innovation and exploration power great things, means opportunities to grow your career.

The CFO will be the executive leader managing the current and future accounting and financial analysis needs of the ownership group and senior management. This position will also be responsible for supply chain management. The CFO will report to the CEO and provide strategic leadership in addition to improving the information systems and accounting processes for this growing company. This position is a hands-on detail oriented role in regards to financial analysis (both historical and forecasts) while also leading an accounting team to run an efficient and customer service oriented accounting department. The CFO must be able to operate in a professional, positive attitude, team oriented, open and transparent manner. The CFO manages a team of approximately 20 people in the accounting and supply chain departments.

Primary Responsibilities:

  • Provides assistance to CEO in strategic business planning and eventual process to seek out and negotiate with potential acquirers
  • Acts as primary financial advisor as member of the management team
  • Manages the company's accounting and supply chain departments (approximately 20 people)
  • Works with CEO and department leaders to develop and manage to key performance indicators
  • Prepares and presents financial forecasts to management team and Board of Directors
  • Assist in continued integration of operations and accounting processes of recently acquired company (Utilx)
  • Implement and manage an improved accounting system and transaction processing
  • Manage investments set aside for warranty obligations
  • Works with financial lending institutions and manages debt covenant compliance
  • Provides continual development, training and guidance to employees in order to produce outstanding work results and personal career advancement and satisfaction
  • Manages reporting and other required functions involved with taxes, business insurance, employee benefit programs, and risk management issues
  • Monitors existing and manages the development of new accounting and internal control policies and procedures as required
  • Manage relationships with professional service advisors (CPA firm, banks, law firm, investors)
  • Help support relationships with key vendors and customers
  • Assist in bid and proposal pricing process and provide oversight on contract management across the company
  • Monitor ongoing service contract performance and help drive improvements when margin deviates from expectations
Skills & Requirements

Qualifications:
  • Bachelor's degree from an accredited college or university with a major in Accounting, Finance or Business Administration. An MBA and CPA are preferred
  • Great, positive and proactive attitude Self-starter who can work, lead, coach & manage with minimal direction
  • In depth experience in a service business (understands issues of project accounting, billing of services, delivering supplies needed to perform service)
  • Experience working with professional investors (VC, PE, or Wall Street)
  • Recent experience implementing leading edge accounting and business information systems
  • Experience as a member of a management team
  • Experience presenting to Board of Directors and taking part in Board discussions
  • Working with CEO and members of a Board on evaluating significant business transactions
  • Experience integrating operations and accounting from mergers and acquisitions
  • Strong financial analysis skills (forecasting, budgeting, P&L analysis)
  • Highly skilled in Microsoft Dynamics Great Plains (or equivalent)
  • Experience working with external CPA firms (audit and tax)
  • Ability to interpret and manage in accordance with local, state, federal and international laws, rules and regulations
  • Advanced strategic and critical thinking skills, along with superior written and oral communication skills and a high degree of emotional intelligence
  • Individual is able to perform detailed tasks while also demonstrating an entrepreneurial spirit, is KPI oriented, has a strong work ethic with a team oriented decision making style, and desire to continually develop high performing employees

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