Chief Financial Officer – 225K + Bonus
Location : Washington DC
Summary: The Chief Financial Officer is responsible for directing and overseeing Company’s overall financial policies and practices. Oversees the areas of control, accounting, budget, finance, asset management, risk management, tax, and investments for both Company and other related entities
Reports to: President
The Chief Financial Officer must possess the following skills:
- Extensive knowledge of the principles, practices, and procedures of accounting, finance, budgeting and planning.
- Must be a strategic thinker, able to conceptualize and act upon Company’s financial objectives and operationalize these objectives.
- Relies on extensive experience and judgment to plan and accomplish goals.
- Ability to direct and work with staff and consultants engaged in various professional, technical, and clerical functions.
- Ability to motivate and hold accountable team members at all levels and, where necessary, recruit, retain, coach and mentor top-quality staff.
- Ability to thrive in a culture that places a premium on consistently delivering against the P&L in fast-paced and growth-oriented environments.
- Knowledge of the laws, procedures, and regulations relating to accounting practices and financial reporting.
- Ability to exercise considerable judgment and discretion in establishing and maintaining confidentiality and good working relationships, with a variety of constituents and to gain the confidence quickly of those within the firm. He/she will be comfortable in a firm culture based on open communication and collaboration, where information and ideas are exchanged freely.
- Must have graduated from an accredited college or university with a degree in accounting, business administration or finance or closely related field. An advanced degree or CPA strongly preferred.
- Must have a minimum of 10 - 15 years experience, some of it in a professional services firm, in accounting & financial management with at least three (3) years serving in the capacity of Chief Financial Officer or Director of Finance & Administration. This executive will have previous experience as a key senior member of an executive management team and experience playing an integral role in building the operational financial processes for the business.
- Oversees and directs budgeting, accounting, cash management, audit, tax, long range forecasting, risk management and insurance activities for Company and its subsidiaries.
- Responsible for integrity of all financial systems and information. Ensures business processes are efficient and effective and adequate internal controls are in place.
- Establishes contracting protocols for Company and related entities and oversees purchasing system that enhances transparency and reduces costs.
- Assesses and evaluates business budget and financial processes and procedures and identifies and implements opportunities for improvement.
- Create and maintain a financial plan which ties together all important criteria and strategic objectives, as well as the firm’s operating and financial plans.
- Evaluates on a pro-active basis the organization’s financial position and issues periodic reports on the financial health, stability, liquidity, and growth of the organization.
- Directs and coordinates preparation and execution of the budget. Presents the annual operating and capital budgets for review by upper management, and approval by the Management Committee.
- Establishes, analyzes, consolidates and directs all cost-benefit analyses, and related cost accounting procedures with other statistical, special study, and routine reports.
- Analyzes operational issues, and evaluates their impact on the financial posture of the organization.
- Remains current on regulations, industry trends and practices and applicable financial reporting laws. Ensures Company and related entities operate within full compliance of the law. Consult with legal counsel on relevant matters.
- Strengthen the finance team through recruiting, developing, motivating, and leading the group.
- Continually assesses the organization’s risk management programs to identify those areas where coverage may be improved or implemented in a more cost effective manner.
- Serves as a trustee, plan administrator, and/or fiduciary for certain employee benefit programs.
- Other duties as assigned.