Chief Financial Officer (Outsourced Services)

Preferred CFO; Utah; Remote; USD 100,000 - 150,000; Full time

Job summary

A leading outsourced financial services firm is seeking an experienced Chief Financial Officer to provide fractional CFO services to various clients. This remote position involves overseeing financial functions, developing strategic insights, and maintaining financial controls. The ideal candidate has a Bachelor's degree in accounting or finance, significant CFO experience, and exceptional analytical, communication, and leadership skills. This role offers flexible hours and the opportunity to influence multiple businesses significantly.

Qualifications

• Bachelor's degree in accounting or finance required.
• 2+ years of CFO experience preferred, controller experience considered.
• Advanced working knowledge of GAAP accounting.
• Exceptional communication and interpersonal skills.

Responsibilities

• Oversee the work of the controller and senior accountant.
• Provide monthly financial reporting packages.
• Create and maintain financial forecasts and budgets.
• Develop strong working relationships with clients.

Skills

GAAP accounting

Financial analysis

Microsoft Excel

QuickBooks knowledge

Forecasting methodologies

Communication

Interpersonal skills

Leadership

Strategic planning

Education

Bachelor's degree in accounting or finance

Job description

Overview

Chief Financial Officer (Outsourced Services)

JOB TYPE: Full-Time/Part-Time

JOB LOCATION: Utah (virtual work from home office and visit client locations)

CATEGORY: Finance and Accounting

JOB SUMMARY: Preferred CFO is an outsourced/fractional CFO firm providing premium finance and accounting assistance to growing and emerging companies. We are seeking an experienced individual to assume the outsourced CFO position for a select group of our existing clients. This position delivers part-time/fractional CFO services to a variety of companies simultaneously. Being a key team member for several different clients provides the CFO with the opportunity to deliver immediate results and influence meaningful impact within the assigned client companies. As a trusted advisor to the executive management teams within these companies, the CFO oversees the tactical finance and accounting function within the company from a high-level, while providing practical, strategic, CFO-level guidance and oversight focused on maximizing and uncovering value and mitigating potential risk.

Responsibilities

• Oversee the work of the controller and senior accountant assigned to the client
• Assist with month-end reconciliation workbook, as required
• Provide monthly financial reporting package to client each month (no later than 10th day following month end)
• Create and maintain a robust financial forecast and budget (expected to master the PCFO forecasting tools and methodology)
• Create and maintain a 13-week cash flow forecast
• Meet with the client regularly to review in detail the monthly reporting package and the forecast
• Provide clients with strategic insight into the financial performance of the company
• Analyze financial statement trends and KPIs and make recommendations for client actions to address insights from such
• Develop strong working relationships with clients and other stakeholders
• Suggest and implement operational best practices within the finance and accounting department
• Employ good, sound judgment and become a trusted advisor within the company
• Develop and manage financial controls in accordance with the company's procedures
• Generate qualified leads for future engagements by networking with other professional trusted advisors

Qualifications

• Bachelor's degree in accounting or finance required (CPA, MBA or MAcc a plus)
• 2+ years of CFO experience (will coach the right candidate with controller only experience)
• Advanced working knowledge of GAAP accounting
• Strong understanding of forecasting methodologies
• QuickBooks knowledge
• Strong financial analysis abilities
• Advanced Microsoft Excel skills required
• Ability to plan, direct, and control the strategic accounting function for multiple client companies at any given time
• A decisive individual who possesses a "big picture" perspective and is well versed in implementing and maintaining effective accounting controls and systems
• Ability to analyze existing operations and recommend and implement both revised and new policies, procedures, and systems
• Willing to travel to local and regional client locations (out-of-state travel is very limited)
• Exceptional ability to motivate, coach, and develop junior accounting professionals
• Impeccable communication and interpersonal skills
• Ability to present reports accurately and concisely to the assigned CFO and/or executive management team
• Unquestionable business ethics and personal integrity