Title: Chief Financial Officer
Reports To: President/CEO
Summary
The Chief Financial Officer serves as an integrial part of Coakley Brothers and Brothers Interior’s Executive Management Team. The companies have a wide range of services to include Construction, Interior Design, Furniture Specification, Move management and Warehousing. Combined, these companies experienced 35% growth in 2018 and are projected to experience 25% growth in 2019. The company has operations in Milwaukee, WI and serves the entire state of Wisconsin.
We are looking for a energetic, positive minded candidate who will fit into our culture bringing enthusiasm and guidance to to the CEO and Divisioal Managers to help them think through and develop strategies across the enterprise. This person needs to look forward in all operational aspects for long term planning making adjustments as required by developmants and have the ability to forecast future results.
The CFO oversees accounting, Human Resources, IT, risk management and shared services. The CFO is responsible for guiding and supporting all revenue processes, including leading the strategy for generating more efficient, predictable and profitable revenue. The CFO will study and analyze data and create documents of future projections of business units to guide the President/ CEO to make informed decisions. Under the supervision of and reporting to the President/CEO, the CFO directs the financial activities of the organization by performing duties personally or through subordinate supervisors.
Essential Duties and Responsibilities
- Instituting and managing overall accounting policies, procedures, and financial controls for the Company to ensure security of assets and accuracy of reporting.
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department’s goals and objectives.
- Manager lender relationships and negotiation, the annual audit process and tax return preparation.
- Maintain a system of controls over all treasury, accounting, financial and bank transactions.
- Ensure all tasks related to financial books and controls, cash disbursements, accounts payable, accounts receivable, payroll, bank reconciliation, debt payments, the chart of accounts and record filing are completed in a timely manner and in accordance with GAAP.
- Issue timely, accurate and complete financial statements, provide guidance, analysis and interpretation.
- Recommend benchmarks against which to measure the performance of Company operations.
- Calculate and issue financial operating metrics.
- Manage the production of the annual budget and forecasts. Calculate variances and advise management of significant issues.
- Provide for a system of management costs reports and variance analysis.
- Provide financial analysis as needed.
- Monitor debt levels and compliance with debt covenant: manage bank revolvers and other loan agreements.
- Comply with local, state and national government reporting requirements and tax filing.
- Work with Human Resources to ensure payroll compliance.
- Provide margin and other directional analysis.
- Proactively engage with management to develop and improve ongoing reporting and strategic analysis to improve decision making.
- Will be required to perform other duties as requested, directed or assigned.
- Prepares reports which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
- Advises management about insurance coverage for protection against property losses and potential liabilities.
- Responsible for assisting companies’ leadership and management members by providing the necessary financial tasks for them to manage their division appropriately.
- Manage, research and negotiate company benefit plans to include 401K, profit sharing, health insurance, cafeteria plan, and workers compensation.
- Asset negotiation and renew company leases.
- Assist in developing LLC’s to spin off real estate and create corresponding leases.
- Research, manage, and negotiate corporate general liability insurance.
- Prepares reports required by regulatory agencies.
- Track and manage company fixed assets including annual book and tax deprecation calculations.
- All other duties as assigned.
Refine existing key performance indicators and financial ratios for measuring financial performance of company and component parts.
- Develop a standing financial reporting process and report weekly, monthly, quarterly and annually on key financial data.
This list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities, as management may deem necessary from time to time.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Have a good working knowledge of various software applications including Excel, Word, Outlook, SAGE, Team Design, FAS-fixed asset software, Move Magic, Sitelink, and ATX Tax software.
Education and/or Experience
Requires education generally equivalent to a bachelor's degree from a four-year college or university with a major in accounting and five to seven years related experience in accounting.
Language Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Mathematical Skills
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Reasoning Ability
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Other Qualifications
Requires the ability to operate a variety of office equipment.