Chief Financial Officer

The Newcastle Search Group, LLC; Chicago (IL); On-site; USD 175,000 - 200,000; Full time

Job summary

An established industry player is seeking a Chief Financial Officer to lead financial operations in a dynamic restaurant group. This role demands a proactive leader with extensive experience in managing financial functions across multiple locations. The ideal candidate will drive strategic planning, oversee accounting operations, and ensure compliance with financial regulations. Join a vibrant team where your expertise will contribute to the continued growth and success of the organization. If you are a results-oriented professional with a passion for the hospitality industry, this is an exciting opportunity to make a significant impact.

Benefits

Medical Insurance

401(k)

Vision Insurance

Qualifications

• 15+ years of experience in financial management required.
• Strong understanding of inventory management in hospitality or retail.
• Proven track record in managing multi-unit financial functions.

Responsibilities

• Provide financial guidance and strategy to management team.
• Oversee accounting operations and manage budgeting processes.
• Compile and issue timely financial statements and analyses.

Skills

Financial Analysis

Accounting Operations

Microsoft Office Suite

Inventory Management

Communication Skills

Strategic Planning

Education

CPA Certification

Tools

Microsoft Excel

Job description

Direct message the job poster from The Newcastle Search Group, LLC

Founder & Principal at The Newcastle Search Group, LLC.

The Newcastle Search Group has been retained to exclusively assist a leading independent restaurant group in Chicago with the hiring of a Chief Financial Officer.

The ideal candidate for is an empathetic, intelligent, proactive, hands-on individual with a proven track record of effectively managing the financial function of a multi-unit business. As a member of the Leadership Team and with responsibility for day-to-day operations of the accounting operations, financial analysis and reporting as well as strategic planning and direction, the Chief Financial Officer is integral to continued profitable growth.

The hiring company is located in downtown Chicago and the role is fully-in office.

RESPONSIBILITIES

• Provide financial guidance and strategy to fellow management team members.
• Manage day-to-day operations of the accounting department.
• Oversee the accounting operations of all restaurants including control systems, transaction-processing operations including AP and AR, general ledger and period end close process.
• Oversee payroll function through department staff and outside payroll service ·
• Compile and issue timely, accurate and complete financial statements.
• Provide financial analyses as needed, e.g., capital investments, pricing decisions, COGS, labor patterns, inventory variances, and vendor contract negotiations.
• Establish best practice benchmarks against which to measure performance; report financial and operating metrics regularly.
• Manage the annual budget process and weekly/monthly forecasting.
• Cashflow management including forecasting; oversee and control reconciliation of all cash and credit card accounts.
• Provide oversight of state and local tax and licensing filings.
• Partner with outside accounting firm for tax planning and preparation.
• Manage and reconcile all intercompany activity and consolidations
• Oversee and reconcile transactions with ownership including contributions, distributions, loans, and management fees.

EXPERIENCE & REQUIREMENTS

• No less than 15 years of total experience.
• A CPA Certification is required.
• Strong understanding of inventory is required, ideally from the restaurant/hospitality or retail industry.
• Strong accounting and general ledger analytical skills.
• High proficiency in Microsoft Office Suite programs (especially Excel),
• Results oriented, hands-on, organized, attention to detail; able to multitask and prioritize work
• High integrity with a commitment to excellence
• Excellent written, verbal, and interpersonal communication skills

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing, Finance, and Administrative

• Industries

  Hospitality and Restaurants

Referrals increase your chances of interviewing at The Newcastle Search Group, LLC by 2x

Inferred from the description for this job

Medical insurance

401(k)

Vision insurance

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