Chief Financial Officer

Job Description

One of the key duties of a modern manufacturing CFO is to ensure supply chain visibility (SAP)

 The Chief Financial Officer is responsible for:

Development financial well-being of the organization by providing financial projections and accounting services; preparing growth plans; directing staff.

Essential Functions

1. Plan, develop, organize, implement, direct and evaluate the organization's fiscal function and performance.
2. Participate in the development of the corporation's plans and programs as a strategic partner.
3. Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action.
4. Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO  and other senior executives in performing their responsibilities.
5. Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
6. Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges.
7. Provide technical financial advice and knowledge to others within the financial discipline.
8. Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
9. Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments.
10. Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
11. Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
12. Be an advisor from the financial perspective on any contracts into which the corporation may enter.
13. Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.

Competencies

1. Financial Management.
2. Business Acumen.
3. Communication Proficiency.
4. Ethical Conduct.
5. Leadership.
6. Performance Management.
7. Personal Effectiveness/Credibility.
8. Problem Solving/Analysis.
9. Strategic Thinking.
10. Technical Capacity.

Supervisory Responsibility

This position is responsible for the direct supervision of the controller and the indirect supervision of all employees in the accounting and finance department.

Work Environment

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands

This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary.

Position Type/Expected Hours of Work

This is a full time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 5:30 p.m. Occasional evening and weekend work may be required as job duties demand. 

Required Education and Experience

1. Bachelor’s degree required, 5 to 10 years of related experience and/or training; or equivalent combination of education and experience.

Preferred Education and Experience

1. MBA’ Finance & Banking management

 

 

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