Vice President of Finance CFO in waiting

VP of Finance, Vice President of Finance, CFO in a few years

• VP of Finance is responsible for directing the fiscal functions of the corporation in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board and other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the industry.
• Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.
• Participate in the development of the corporation’s plans and programs as a strategic partner.
• Serves as a business partner to the CFO and CEO and executive team.
• Evaluate and advise on the impact of long range planning, introduction of new programs/strategies.
• Develop credibility by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CFO and CEO/President, the Board and other senior management in performing their responsibilities.
• 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.
• Establish credibility throughout the organization as an effective developer of solutions to business challenges.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
• Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances acquisitions and/or mergers.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Be an advisor from the financial perspective on any contracts into which the corporation may enter.
• 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

• Financial Management.
• Highly Analytical
• Business Acumen.
• Communication Proficiency
• Ethical Conduct
• Leadership
• Personal Effectiveness/Credibility
• Strategic Thinking
• Technical Capacity
• Supervisory Responsibility This position is responsible for the direct supervision of the controller and all employees in the accounting department.

Required Education and Experience

• Completion of a bachelor’s degree at an accredited college or university or equivalent experience.
• Ten years of financial experience and management experience with the day-to-day financial operations of an organization.
• Three years of experience at Controller/ Director/VP of Finance level.

Preferred Education and Experience

• Completion of a master’s degree at an accredited college or university.
• Certified Public Accountant (CPA).