Chief Financial Officer at Group CBS

Denton, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Sep, 26

Salary

0.0

Posted On

23 Jun, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Financial Planning, Budgeting and Forecasting, Financial Reporting, Regulatory Compliance, Capital Structure Management, Financial Risk Mitigation, M&A Integration, GAAP, Financial Analysis, Leadership, Corporate Finance, ERP Systems

Industry

Electrical Equipment Manufacturing

Description

JOB SUMMARY The Chief Financial Officer of Group CBS is a senior executive responsible for overseeing all financial aspects of the company. The role involves strategic financial planning, managing financial risks, overseeing budgeting and forecasting processes, monthly financial reporting and analysis, and ensuring compliance with financial regulations. This position requires a seasoned financial leader who can drive the company's financial strategy and contribute to its long-term success. In this role the Chief Financial Officer of Group CBS has a direct reporting relationship with the President and a dotted-line reporting relationship with the CFO of Radwell International. ESSENTIAL DUTIES AND RESPONSIBILITIES: Responsible for developing and implementing financial strategies, overseeing budgeting and reporting, ensuring regulatory compliance, managing capital structure, and providing strategic financial insights to support the company's growth and profitability * Responsibilities and duties include: * · Develop and implement financial strategies to support the company’s growth and profitability goals. * · Oversee financial forecasting, budgeting, and reporting processes. * · Ensure accurate and timely financial statements in accordance with US Generally Accepted Accounting Principles (GAAP). * · Improve the capital structure, focusing on networking capital. * · Lead financial planning and analysis to support strategic decision-making. * · Identify and mitigate financial risks. * · Ensure compliance with all financial regulations and standards. * · Support Radwell International’s annual financial audit including interaction with auditors. * · Oversee the preparation and communication of financial information to the executive team, board of directors, and shareholders. * · Support evaluation, execution, integration and tracking of synergies related to M&A transactions. * · Provide strategic recommendations to the President and executive management teams. * · Additional duties as identified. METRICS * · Revenue growth * · Profitability (EBITDA margins) * · Cashflow management * · Return on investment (ROI) * · Budge and forecast variance * · Financial compliance and audit results * · Working capital efficiency SUPERVISORY RESPONSIBILITIES * · Directly manage the finance and accounting departments. * · Provide leadership, training, and development to the finance team. * · Oversee the recruitment and performance management of finance staff QUALIFICATIONS * · Proven experience as a VP of Finance or similar senior finance role. * · In-depth knowledge of corporate finance and accounting principles, laws, and best practices. * · Strong analytical and problem-solving skills. * · Excellent communication and leadership abilities. * · Strategic thinker with strong business acumen. KNOWLEDGE & SKILLS REQUIRED * · Comprehensive understanding of financial trends both within the company and general market patterns. * · Proficiency in financial management software and ERP systems. * · Strong leadership and organizational skills. * · Ability to manage, guide, and lead employees to ensure appropriate financial processes are being used. * · A solid understanding of financial statistics and accounting principles. * · Working knowledge of all statutory legislation and regulations. EDUCATION & EXPERIENCE * · Bachelor’s degree in Finance, Accounting, or related field. * · MBA or CPA is highly desirable. * · Minimum of 15 years of experience in finance, with at least 10 years in a senior leadership role. CERTIFICATES, LICENSES, REGISTRATIONS (if applicable) * CPA (Certified Public Accountant), CFA (Chartered Financial Analyst) or MBA (Masters of Business Administration) designation preferred. PHYSICAL DEMANDS * This is an office job and entails the physical demands associated with operating a telephone and computer (viewing monitor, keyboard, mouse). The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. BONUS/COMMISSION PLAN * Participate in GCBS Management Bonus Plan. WORK SCHEDULE * The work hours will be dependent upon what is necessary to support, manage, and achieve the goals and necessary productivity levels of the subordinate staffs. Normal working hours of staff members will be from 8:00 am to 5:00 pm Monday through Friday. This is a minimum expectation. Often projects and assignments will extend beyond the normal workday. Adherence to attendance and coverage policies is expected to be followed diligently. Time off will be granted with proper formal notice in accordance with company policy. WORK ENVIRONMENT * The environment is a professional office environment. Work from office required. Dress attire is casual but professional in an office setting. EMPLOYEE EVAULUATION SUMMARY · Introductory Review - A written evaluation of the employee's performance in accounts receivable will be issued to determine permanent employment. This is typically done approximately 80 days after employment. · Monthly Evaluations - A monthly written assessment will be issued which briefly describes the individual's performance in this position. · Annual Reviews - A more detailed review of the overall performance in this position, where the employee is rated and typically compensated in accordance with that rate. ADDITIONAL INFORMATION * A performance evaluation for this position will be conducted after 90 days to review performance, transition matters and progress in meeting objectives. EMPLOYER'S RIGHTS * This job description does not list all the duties of the job. You may be asked by supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.

Responsibilities

The CFO is responsible for overseeing all financial aspects of the company, including strategic planning, budgeting, and regulatory compliance. The role involves managing the finance and accounting departments while providing strategic insights to the President and executive team to drive growth.