Strategic Chief Financial Officer for Growth & Compliance

IFB Solutions; Winston-Salem (NC); On-site; USD 180,000 - 300,000; Full time

Job summary

IFB Solutions in Winston-Salem, NC seeks a Chief Financial Officer to join the Executive Team. The CFO will maintain financial integrity, ensure regulatory compliance, and partner with operations to drive sustainability and growth.

The role leads long-term strategy, budgeting, performance metrics, contract finance, cash management, and risk management. Ten+ years in financial leadership and accounting degree required; MBA preferred.

Qualifications

• Bachelor's or higher in accounting; MBA preferred.
• Minimum 10 years in financial management leadership.
• Experience with nonprofit and government contracting helpful.
• Strong analytical and communication skills.

Responsibilities

• Lead the development and execution of IFB Solutions’ long-term financial strategy, aligning financial resources, capital investments, and business objectives with the organization’s strategic plan and mission.
• Oversee the annual operating and capital budgeting process, including development of budgets, financial forecasts, financial targets, and performance measures in partnership with the CEO and executive leadership.
• Provide financial leadership and business/partner support to operating units, including Textiles Manufacturing, E-commerce, Retail, Workforce Services, and other business operations, to improve financial performance, productivity, and resource utilization.
• Develop, monitor and report on financial and operational performance metrics, including revenue, gross margin, contribution margin, labor productivity, overhead absorption, working capital, inventory, cash flow, and return on capital investments.
• Evaluate the financial performance and strategic viability of existing and prospective business opportunities, including new contracts, customers, products, facilities, capital investments, acquisitions, partnerships, and other growth initiatives.
• Oversee cash management, liquidity, banking relationships, investments, and working capital, ensuring adequate liquidity to meet operational, capital, and strategic requirements.
• Oversee financial aspects of federal, state, and commercial contracting, including cost analysis, contract profitability, indirect rates, cost allocation, and compliance with applicable government contracting requirements.
• Ensure compliance with applicable federal, state, local, and nonprofit financial requirements, including government contracting, tax-exempt organization requirements, financial reporting, and regulatory obligations.
• Serve as the organization’s senior financial advisor to the CEO and Executive Team, providing objective analysis and recommendations regarding strategic decisions, investments, operating performance, and financial risk.
• Serve as the financial liaison to the Board of Directors and appropriate Board committees, providing timely, transparent, and understandable information regarding financial performance, forecasts, risks, investments, and strategic financial matters.
• Manage the organization’s enterprise risk management and insurance programs, identifying significant financial, operational, contractual, property, cyber, and other enterprise risks and developing appropriate mitigation strategies.
• Maintain appropriate financial policies and governance practices, periodically reviewing and recommending updates to financial, investment, expense, purchasing, delegation-of-authority, and internal-control policies.
• Oversee the organization’s external audit, tax filings, financial statement preparation, and other independent financial examinations, ensuring timely resolution of findings and recommendations.
• Maintain and continuously improve an effective internal-control environment, including segregation of duties, financial authorization processes, fraud prevention, asset protection, and compliance monitoring.
• Oversee the organization’s financial systems and technology in partnership with the CIO and other leaders, ensuring financial systems provide accurate, timely, secure, and actionable information.
• Develop and maintain relationships with banks, investment managers, auditors, insurance providers, financial advisors, government agencies, and other external financial stakeholders.
• Identify opportunities to improve financial performance through process improvement, automation, cost management, procurement, and organizational efficiencies.
• Perform other duties as assigned.

Skills

Microsoft Office

Financial analysis

Leadership

Strategic planning

Regulatory compliance

Education

BA/BS in Accounting

MBA preferred

Job description

IFB Solutions in Winston-Salem, NC seeks a Chief Financial Officer to join the Executive Team. The CFO will maintain financial integrity, ensure regulatory compliance, and partner with operations to drive sustainability and growth.

The role leads long-term strategy, budgeting, performance metrics, contract finance, cash management, and risk management. Ten+ years in financial leadership and accounting degree required; MBA preferred.