We are seeking a seasoned CFO to oversee and manage the financial operations of multiple entities within a retail environment. This role requires a leader with extensive experience in cash accounting, a strong understanding of GAAP, and the ability to manage a team effectively. The ideal candidate will bring expertise in multi-entity accounting, retail-specific financial management, and process enforcement, coupled with the ability to lead a high-performing team.
Key Responsibilities:
1. Multi-Company Financial Management
Financial Oversight: Manage and ensure accurate financial operations across multiple entities, including retail-focused financial processes.
Cash Accounting Expertise: Maintain and oversee cash-based accounting processes, ensuring proper tracking and reconciliation of cash flows.
GAAP Compliance: Implement and enforce GAAP standards across all entities, ensuring financial accuracy and compliance.
Intercompany Transactions: Manage and reconcile intercompany transactions, allocations, and balances.
2. Leadership and Team Management
Team Oversight: Lead, mentor, and develop an accounting team, ensuring accountability and high performance.
Process Enforcement: Enforce established financial processes and controls across entities and departments.
Training: Provide ongoing training to staff on cash accounting principles, GAAP compliance, and financial best practices.
3. Financial Reconciliation and Reporting
Account Reconciliation: Oversee regular reconciliation of accounts, including bank statements, credit cards, and intercompany transactions.
Data Integrity: Ensure accuracy and reliability of financial data through robust internal controls and meticulous reviews.
Financial Close: Lead the month-end and year-end close processes, preparing accurate financial statements for all entities.
4. Strategic Financial Leadership
Cash Flow Management: Monitor and manage cash flow across all entities to ensure sufficient liquidity and operational efficiency.
Budgeting and Forecasting: Assist in the preparation of budgets and forecasts, ensuring alignment with strategic goals.
Audit Preparation: Coordinate and lead internal and external audits, ensuring all entities comply with financial regulations and internal policies.
Tax Compliance: Oversee preparation of tax filings, ensuring compliance with all relevant laws and regulations.
5. Stakeholder and Vendor Relations
Vendor and Customer Oversight: Manage vendor relationships, payment schedules, and resolution of financial disputes.
Cross-Functional Collaboration: Partner with leadership and other departments to ensure alignment on financial goals and objectives.
Stakeholder Communication: Provide clear and concise financial updates to leadership, including cash flow analysis and compliance reports.
Qualifications:
Bachelor's degree in Accounting, Finance, or a related field (CPA strongly preferred).
5-10+ years of experience in accounting or finance, with at least 3 years in a controller or senior leadership role.
Expertise in cash accounting and GAAP, with a proven ability to balance both frameworks effectively.
Strong understanding of multi-entity accounting, preferably in a retail environment.
Advanced proficiency in accounting software (e.g., QuickBooks, NetSuite) and advanced Excel skills (e.g., pivot tables, VLOOKUP, complex formulas).
Experience managing and mentoring accounting teams.
Exceptional attention to detail, problem-solving skills, and ability to enforce financial processes.
Preferred:
Retail industry experience, including inventory and sales tracking.
Experience with intercompany reconciliations and allocations.
Background in process improvement and financial systems optimization.