Chief Financial Officer

4 weeks ago


Reston, Virginia, United States Magic Concepts Hospitality Group Full time

About the Role

Magic Concepts Hospitality Group is seeking a seasoned Chief Financial Officer to drive the financial success of our multi-unit franchise operations. As a strategic financial leader, you will play a critical role in shaping the company's growth objectives and implementing financial strategies to support our expansion plans.

Key Responsibilities

  • Develop and implement comprehensive financial models to forecast revenues, expenses, and cash flow.
  • Oversee budgeting, forecasting, and long-term financial planning to ensure optimal liquidity and funding for business operations and growth initiatives.
  • Ensure accurate and timely preparation of financial statements and reports, and present financial performance, projections, and analyses to the executive team and board of directors.
  • Lead and manage the accounting team to ensure accurate financial records and reporting, and oversee the monthly, quarterly, and annual close processes.
  • Manage relationships with banks, financial institutions, and external auditors, and ensure compliance with GAAP, tax regulations, and other financial standards.
  • Evaluate and assess acquisition opportunities to support strategic growth, and conduct financial due diligence, valuation analysis, and integration planning.
  • Develop and implement key performance indicators (KPIs) and dashboards to monitor business performance, and analyze financial and operational data to identify trends, opportunities, and areas for improvement.

Requirements

  • 10+ years of experience as a CFO, finance officer, or relevant role in a multi-unit environment.
  • Strong leadership skills and ability to manage a finance team.
  • Expertise in financial planning, budgeting, and reporting, and knowledge of accounting principles and financial regulations.
  • Excellent analytical and problem-solving skills, and strategic thinking and decision-making abilities.
  • Bachelor's degree in Finance, Accounting, or related field; MBA is a plus, and Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) certification preferred.


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