Chief Financial Officer (CFO)

Metropolitan Companies; Wyomissing (Berks County); On-site; USD 180,000 - 320,000; Full time

Benefits offered by this job

Medical Insurance

Dental/Vision Insurance

Health Savings Plan (HSA)

401k Plan-Match

Holiday Pay

Paid Time Off

Bonus Program

Employee Referral Bonus

Job summary

Metropolitan Companies is seeking a results-driven Chief Financial Officer (CFO) to lead our Finance department in Wyomissing. The CFO will manage Accounting, Treasury, Tax, AP, and AR, and will partner with the COO and principals to scale the business.

The role requires extensive experience in financial leadership, strategic planning, and robust communication with stakeholders. The CFO will oversee budgeting, reporting, and financial analysis to drive margin growth and profitability across all

Qualifications

• 15+ years of high-level financial management experience in large organizations.
• Clear and effective communication skills.
• Strategic and critical thinking with problem-solving abilities.
• Ability to work across duties from spreadsheets to long-range planning.
• Leadership to delegate, motivate and guide teams.
• Impeccable honesty and integrity.

Responsibilities

• Oversee Accounting, Finance, Treasury, Tax, AP, and AR functions.
• Lead financing activities for construction and development projects.
• Monitor cash flow, financial reporting, and budgeting processes.
• Develop and implement financial strategies aligned with goals.
• Provide timely financial analysis and recommendations to principals.

Skills

Leadership

Strategic thinking

Communication

Problem solving

Team motivation

Education

CPA or MS in Accounting/Finance

Bachelor's in Accounting/Finance

Tools

Financial modeling

Job description

Chief Financial Officer (CFO)

Department: Finance

Employment Type: Full Time

Location: Metropolitan Companies Wyomissing

Description

Metropolitan Companies is seeking a Chief Financial Officer (CFO) to join our team! The role requires a high performing CFO with strong leadership capabilities and the ability to continually multitask and execute the strategic plan for the companies. This is a unique opportunity for a strategic growth CFO who will be instrumental in scaling the company with the COO and principals. The CFO is responsible for the following departments: Accounting, Finance, Treasury, Accounting, Accounts Payable, Accounts Receivable, and Tax.

The CFO is responsible for developing and implementing financial strategies that align with the company's goals and objectives, overseeing financial reporting, analysis, and budgeting, analyzing financial data, and providing recommendations for margin/profit expansion.

Key Responsibilities

Departmental Responsibilities: Accounting, Finance, Treasury, Accounts Payable, Accounts Receivable, and Tax

Treasury

• Manage Financing process and negotiate terms on construction and development projects for multifamily, homebuilding, and commercial projects.
• Manage all reporting requirements for banking relationships.
• Manage cash flow, financial operations, and cash flow forecast for all companies.
• Oversee bank draw process for construction financings.
• Manage home office/internal bank for principals.

Accounting

• Responsible for the oversight of the accounting teams.
• Ensure all bank and account recs are completed.
• Direct internal audits, review accounting, and administrative controls.
• Ensure proper controls are in place via Controller.
• Coordinate Tax & Accounting books, tax liabilities/payments.

Finance

• Manage the finance team.
• Underwrite all development projects via financial models and return metrics. Continually improve the methodology of financial evaluation and financial evaluation process.
• Proactively monitor and provide timely and accurate financial reporting to company Principals to help manage the businesses.
• Analyze all corporate departments for efficiency and staffing requirements.
• Identify areas of opportunity to improve financial systems. Work with IT to implement necessary changes.
• Manage intercompany billing for all corporate shared services departments.
• Identify areas to improve financial performance via financial reporting and develop financial reporting where visibility is lacking.
• Continually review company financials and employ strategies to improve profitability.
• Oversee the implementation, maintenance, and monitoring of a comprehensive job cost system.
• Monitor, report on, and make recommendations based on employee overhead and utilization projections.
• Continually assess and evaluate all financial systems for capabilities and constantly implement improvements.
• Manage long range financial plans for all companies.

Tax

• Manage tax return filings for all companies/entities in a timely manner.
• Make strategic planning suggestions for all partners and businesses based upon tax opportunities.
• Manage annual tax forecasts for all companies and partners, and execute all quarterly payments.
• Strategize and coordinate with the legal department on all transactions.

Accounts Payable

• Oversee the accounts payable team via Controller.
• Ensure AP audits are completed, review results, and tighten controls/process.
• Monitor invoice volume/payables, tie to cash flow operations.
• Automate accounts payable and funding processes. Focus on continual development and process improvement.

Accounts Receivable

• Oversee accounts receivable.
• Work with the business to ensure the collection of A/R and work with the legal department when needed on collections issues.

Skills, Knowledge and Expertise

• 15+ years experience in high level financial management positions in large corporations. Small company experience is not applicable.
• Clear and effective communication skills.
• Strategic and critical thinking abilities, problem solving abilities.
• The ability to, and interest in, working up and down the scale of duties (i.e., can create a spreadsheet followed by a meeting on long range planning)
• Leadership skills with the ability to delegate, motivate and inspire team members.
• Impeccable honesty and integrity.
• CPA and/or Master’s degree in Accounting, Finance or Business preferred. A Bachelor's degree in Accounting, Finance, or a related field is required.

Benefits

• Medical/Dental/Vision Insurance
• Voluntary Benefits (Life Insurance, Short-term & Long-term Disability)
• Health Savings Plan (HSA)
• 401k Plan-Match
• Holiday Pay
• Paid Time Off
• Bonus Program
• Employee Referral Bonus