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Chief Financial Officer

Detroit, MI, USA | Vault

  • Industry:
    Internet / Online Media
  • Position Type:
  • Functions:
    Finance (Internal)
  • Experience:
    7-10 years
Job Description:
99 people have viewed this job

Will be responsible for managing the accuracy and productivity of day-to-day activities of accounts payable, cash receipts and disbursements, daily cash, fixed assets, transactions, accruals, allocations, purchase card administration, general accounting activities, cash forecasting, and month-end close for the company.

Principal duties and responsibilities Include, but are not limited to:

Manages the direction, coordination, and evaluation of the Accounting department staff. Provides leadership and coaching. Hires, trains and develops staff based on needs of the department.

Safeguards assets and ensures accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments.

Develops, improves, coordinates, and timely meets month-end Close calendar deadlines.

Reviews and ensures timely completion of journal entries, general ledger and various account reconciliations.

Maintains accurate records and manages new venue set-up in POS.

Assists in preparation or review of comparative reports of operating results and financial position and variance explanations.

Ensures accuracy of commission schedules and commissions paid to host partners.

Ensures that accounts payable are paid in a timely manner.

Ensures all reasonable discounts are taken on accounts payable.

Ensures accounts receivable are collected promptly.

Ability to maintain documented accounting policies and procedures.

Interacts with outside audit firm, banks, credit card company, senior leadership team, directors, and other parties in matters pertaining to accounting issues.

Assists and coordinates year-end auditor and tax audit requests.

Assists in the preparation of the annual budgets.

Assists in the development and implementation of goals, policies, priorities, and procedures to financial management, and accounting.

Participates in preparation of various financial statements and reports. Reviews financial statements for accuracy.

Supports and participates in cost analyses, actual to budget analysis, and other variance reporting, as needed.

Explores opportunities to reduce operating expenses.

Reviews cash balances report and explore cash management opportunities.

Performs special projects as directed by management.

Required Qualifications:

***** Qualified candidates MUST have experience working for a Private Equity holding as well as current experience as CFO for a lower to middle market technology company.

Bachelor’s degree in Accounting or related discipline, and 10+ years’ related experience, including minimum 3 years’ CFO responsibility.

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