The Chief Financial Officer (CFO) will be responsible for overseeing and managing the financial operations of the company. This includes strategic financial planning, budgeting, forecasting, cash flow management, risk management, financial reporting, and compliance. The ideal candidate will have a proven track record of at least 10 years of experience in senior financial leadership roles, with a strong background in logistics and managing finance for companies with annual revenues of $50 million or more. The CFO will work closely with the CEO, executive team, and other department heads to ensure financial stability, growth, and operational efficiency.
Key Responsibilities
- Strategic Financial Leadership:
- Develop and implement financial strategies aligned with the company’s goals and objectives, driving profitability and long-term growth.
- Provide expert financial analysis and advice to the CEO, Board of Directors, and senior leadership team to inform strategic decision-making.
- Lead financial forecasting, planning, and budgeting processes, ensuring alignment with business needs and market conditions.
- Financial Management & Reporting:
- Oversee the preparation and accuracy of financial statements, ensuring compliance with accounting principles, regulations, and internal policies.
- Develop and present monthly, quarterly, and annual financial reports to the executive team and Board of Directors.
- Analyze and monitor key financial metrics (P&L, balance sheet, cash flow) to identify areas for improvement and make recommendations for performance optimization.
- Cash Flow & Capital Management:
- Manage company liquidity, optimize cash flow, and ensure financial stability through effective cash management and funding strategies.
- Oversee working capital, credit facilities, and short-term borrowing arrangements to support operational needs.
- Risk Management & Compliance:
- Assess and manage financial risks, ensuring proper internal controls are in place to safeguard the company’s assets.
- Ensure compliance with all relevant local, state, and federal financial regulations, as well as industry-specific standards.
- Lead internal audits and manage relationships with external auditors to ensure smooth audit processes.
- Logistics & Operational Financial Oversight:
- Leverage in-depth logistics experience to evaluate the financial performance of supply chain, distribution, and transportation operations.
- Collaborate with the operations team to identify cost efficiencies, streamline processes, and enhance financial performance within the logistics division.
- Develop and implement financial models for pricing, cost analysis, and inventory management specific to logistics operations.
- Team Leadership & Development:
- Lead and mentor the finance and accounting team, fostering a culture of collaboration, accountability, and professional growth.
- Drive financial literacy across the organization, ensuring non-financial managers understand key financial drivers and performance metrics.
- Develop and implement professional development programs to ensure team members are equipped with the skills needed to support the company’s growth.
- Mergers & Acquisitions (M&A)
- Lead financial due diligence, integration, and performance tracking for acquisitions or mergers, contributing to the company’s growth strategy.
- Provide post-merger integration planning and execution support, ensuring a smooth transition and alignment with business objectives.
Qualifications
- Education:
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field (Master's degree or MBA preferred).
- CPA, CMA, or other professional certifications are highly preferred.
Experience:
- Minimum of 10 years of experience in senior finance roles, with at least 5 years in a CFO or Controller capacity.
- Proven experience leading the financial operations of a company with annual revenues of $50 million or more.
- At least 5 years of experience in logistics, transportation, or supply chain financial management.
- Strong understanding of financial operations in the logistics industry, including cost structures, margin management, and logistics KPIs.
Skills & Competencies:
- Exceptional financial acumen and a deep understanding of corporate finance, accounting, and performance metrics.
- Strong expertise in financial modeling, forecasting, and budgeting, particularly within logistics.
- Expertise in ERP systems, financial software (e.g., QuickBooks, SAP, Oracle), and Microsoft Excel.
- Solid understanding of tax laws, compliance regulations, and best practices within the logistics sector.
- Experience with strategic planning and executing long-term financial growth strategies.
- Excellent leadership, communication, and interpersonal skills, with a proven ability to work cross-functionally with diverse teams.
- Ability to make high-level financial decisions and maintain a balance between operational efficiency and profitability.
