CFO (Chief Financial Officer)

Job Description

Job Description

Key Responsibilities

1. Strategic Financial Leadership

• Develop and execute financial strategies aligned with the company’s growth objectives.
• Partner with the CEO and ownership to drive profitability, expansion, and operational efficiency.
• Provide financial modeling and scenario planning for new markets, acquisitions, and product lines.

2. Financial Planning & Analysis (FP&A)

• Lead annual budgeting, forecasting, and long-range financial planning.
• Monitor KPIs including gross margin, inventory turnover, working capital, and cash flow.
• Deliver timely and accurate financial reporting to executive leadership and owners.
• Analyze distribution cost structures (logistics, warehousing, transportation).

3. Accounting & Controls

• Oversee accounting operations, including general ledger, AR/AP, payroll, and inventory accounting.
• Ensure compliance with GAAP and relevant regulatory requirements.
• Implement and maintain strong internal controls and risk management processes.
• Manage external audits and tax filings.

4. Cash Flow & Working Capital Management

• Optimize cash flow, credit lines, and banking relationships.
• Manage inventory financing and supplier payment terms.
• Oversee credit policies and customer risk management.

5. Operations & Supply Chain Finance

• Collaborate with operations and supply chain teams to improve cost efficiency.
• Evaluate warehouse investments, fleet management, and distribution center performance.
• Analyze pricing strategies and margin optimization.

6. Family Governance & Communication

• Provide clear financial reporting to family shareholders.
• Support family board meetings with financial insights and strategic recommendations.
• Balance reinvestment strategies with dividend expectations.
• Maintain confidentiality and professionalism in family matters.

7. Risk Management & Compliance

• Oversee insurance, legal compliance, and enterprise risk management.
• Assess economic risks, supplier concentration, and market fluctuations.
• Ensure compliance with tax regulations and industry-specific requirements.

Reporting Structure

• Reports to: CEO / President
• Direct Reports: Finance Manager, Accounting Staff, IT (if applicable)
• Works closely with: Operations, Sales, Supply Chain, Family Ownership Group

Success Metrics

• Improved cash flow and working capital efficiency
• Accurate and timely financial reporting
• Margin expansion and cost control
• Successful execution of growth initiatives
• Strong governance and trust with family stakeholders

Requirements

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field (MBA or CPA preferred).
• 10+ years of progressive financial leadership experience, preferably in distribution, wholesale, or supply chain industries.
• Experience in a family-owned or privately held business environment preferred.
• Strong knowledge of inventory management, ERP systems, and distribution metrics.
• Proven ability to lead teams and influence cross-functional stakeholders.

Key Competencies

• Strategic thinking with operational execution capability
• High integrity and discretion
• Strong analytical and financial modeling skills
• Excellent communication and interpersonal skills
• Ability to navigate family dynamics professionally
• Hands-on leadership style

Benefits

401k and Health Benefits