Chief Financial Officer

1 month ago


New Orleans, United States WorldBridge Partners - Leaders in Recruiting and Executive Search Full time

Chief Financial Officer

This is a growing bank that is looking for and needs a leader who can guide the financial systems that empower us. We are searching for an experienced chief financial officer to join our team of high-performing professionals and keep our finances positioned for continued success. The CFO will have a day-to-day, ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. This seasoned strategist will not only understand current accounting practices and trends, but also will have experience raising capital and adapting to change, whether it is through growth or downsizing. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.

Objectives of this role

  • Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company's financial strategy and hiring needs.
  • Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
  • Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization.
  • Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows.
  • Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action.

Responsibilities

  • Collaborate with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting.
  • Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement.
  • Perform risk management through analysis of company liabilities and investments and evaluate and manage capital structure and fundraising initiatives.
  • Oversee HR operations by coordinating with external service providers (ex: payroll, benefits, recruitment) and internal staff responsible for other aspects of HR.
  • Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for earnings calls, management team, and rest of company.
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service, state attorneys general)

Required skills and qualifications

  • Five or more years of experience in executive leadership roles
  • Excellent leadership skills, with steadfast resolve and personal integrity
  • Exceptional verbal, written, and visual communication skills.
  • Understanding of advanced accounting, regulatory issues, and tax planning
  • Working knowledge of how to raise capital outside traditional lines of credit

Preferred skills and qualifications

  • Master's degree (or equivalent experience) in accounting, business accounting, or finance
  • International finance experience
  • Experience in mergers and acquisitions and investor relations
  • Executive experience with SaaS business models and their associated revenue recognition
  • Professional certification (ex: Certified Public Accountant)

Compensation

The annual salary for this position is based on years of experience. The range is between $200K - $225K plus annual bonus that ranges between 20% - 40% of the annual base salary.



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