Corporate Financial Director
4 weeks ago
Job Summary
The Corporate Financial Director will oversee and direct all financial operations for a multi-entity organization. This role is responsible for ensuring the accuracy, integrity, and timeliness of financial reporting, maintaining internal controls, managing accounting operations, and supporting strategic financial initiatives.
Key Responsibilities
- Prepare and review consolidated financial statements and reports for multiple entities, ensuring compliance with Generally Accepted Accounting Principles (GAAP).
- Lead the monthly, quarterly, and annual financial close process, ensuring accuracy and adherence to deadlines.
- Provide financial analysis and insights to support the company's strategic goals and operational decisions.
- Oversee all accounting functions, including general ledger, accounts payable, accounts receivable, payroll, fixed assets, and inventory management.
- Ensure proper maintenance of the accounting system, accuracy of entries, and timely reconciliations.
- Develop and enforce policies and procedures to ensure financial compliance and operational efficiency across all entities.
- Maintain and continuously improve internal control processes to safeguard the company's assets and ensure accurate financial reporting.
- Ensure compliance with all relevant local, state, and federal tax regulations.
- Manage audits and liaise with external auditors to facilitate timely and accurate completion of the audit process.
- Lead the annual budgeting process and monitor financial performance against budget.
- Provide cash flow forecasts, manage working capital, and oversee liquidity management across all entities.
- Work closely with department heads to ensure budgets are adhered to and variances are analyzed and explained.
- Manage and mentor a team of four, fostering a collaborative and results-oriented environment.
- Set departmental goals, provide ongoing performance feedback, and ensure the development of staff through training and career growth opportunities.
- Develop and implement financial strategies to manage the influx of project-based revenue across multiple entities, ensuring proper allocation and tracking of income and expenses.
- Work closely with project managers and department heads to monitor project budgets, identify cost-saving opportunities, and ensure profitability at both the project and entity levels.
- Establish processes for real-time financial reporting on project performance, ensuring that any variances are identified and addressed promptly collaborate with external partners (banks, investors, vendors) to manage financial agreements and relationships.
- Provide insights and guidance to the executive leadership team on financial planning related to project cycles, including cash flow management, capital allocation, and resource deployment.
- Lead initiatives to improve cost controls, ensuring that overhead and direct project costs are managed effectively to maximize margins.
- Collaborate with operational teams to streamline processes and implement best practices in cost accounting, revenue recognition, and financial forecasting for projects.
Qualifications
- Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred.
- Minimum of 7-10 years of progressive accounting and financial management experience, with at least 3-5 years in a senior management role.
- Strong knowledge of GAAP, multi-entity consolidations, and financial reporting.
- Experience in a multi-entity, privately-held organization is preferred.
- Advanced knowledge of financial systems and accounting software; experience with ERP systems is a plus.
- Exceptional analytical skills with the ability to communicate complex financial information clearly to non-financial stakeholders.
- Proven leadership abilities with a track record of developing high-performing teams.
- Strong attention to detail and ability to work in a fast-paced, dynamic environment.
Competencies
- Strong business acumen and understanding of financial management within multi-entity organizations.
- Ability to manage multiple priorities and meet tight deadlines.
- Excellent communication, interpersonal, and leadership skills.
- High level of integrity and ethics in managing sensitive financial data.
Working Conditions
- Full-time position with occasional travel to various entity locations as required.
- Some flexibility in working hours may be needed during peak periods (e.g., year-end closing)
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