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Chief Finance Officer

  • LocationLong Beach, CA 90815 - United States
  • Work TypeFull time
  • Positions1 Position
  • Published At:2 months ago
  • Job no: 42329
  • Category: Finance

Job Description

Our client, a leading hospitality company, is currently recruiting a Chief Finance Officer who will infuse the Finance Team with their talent, energy and leadership skills. This is an exceptional opportunity to join a corporate culture that is known for its innovative and growth-oriented vision. Responsibilities include:

1) Implement and maintain financial and accounting systems, processes and controls

2) Establish and enforce the application of appropriate internal operational controls, sox compliance and financial procedures

3) Assess and provide recommendations and evaluate the financial performance of the organization with regards to long-term operational goals, budgets and forecasts

4) Develop and maintain a monthly operating budget and annual company operating budget

5) Create and establish annual financial objectives that align with company's plan for growth and expansion

6) Prepare and present monthly, quarterly and annual financial reports, including monthly profit and loss, forecast vs. budget and weekly cash flow by division and provide recommendations

7) Identify, develop and execute analysis of business initiatives

8) Ensure proper functioning of all systems, databases and financial software

9) Provide regular maintenance and backup of all accounting systems

10) Oversee preparation and timely filing of all local, state and federal tax returns

11) Maintain underlying accounting records are accurate and complete in accordance with USGAAP and record keeping complies with all legal and regulatory requirements

12) Monitor the month-end close process and constantly review procedures while eliminate inefficiencies

13) Manage cash flow planning process and ensure funds availability

14) Represent the company to banks, financial partners, institutions, investors, public auditors and officials

15) Remain current on audit best practices as well as state, federal and local laws regarding company operations

16) Utilize forecasting models and activity-based analysis to provide financial insight in the organizations' plans and operating budgets

17) Direct and coordinate an organization's financial or budget activities to fund operations to maximize investments and increase efficiency

18) Appoint Department heads and managers and assign or delegate responsibilities to them

19) Analyze operations to evaluate the performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement or policy change

20) Direct, plan or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations to maximize returns on investments to increase productivity

21) Prepare budgets for approval, including those for funding or implementation of programs

22) Confer with board members, organization officials, or staff members to discuss issues, coordinate activities or resolve problems 

23) Implement corrective action plans to solve organizational or departmental problems

24) Direct human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major departments

25) Establish departmental responsibilities and coordinate functions among departments and sites

26) Preside over or serve on boards of directors, management committees, or other governing boards

27) Negotiate and approve contracts and agreements with suppliers, distributors, federal or state agencies, or other organizational entities

28) Coordinate the development or implementation of budgetary control systems, recordkeeping systems, or other administrative control processes

29) Review reports submitted by staff members to recommend approval or to suggest changes

30) Deliver speeches, write articles, or present information at meetings or conventions to promote services, exchange ideas and accomplish objectives

31) Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials and individuals

32) Prepare and present reports concerning activities, expenses, budgets, government statutes or rulings and other items affecting businesses or program services

33) Review and analyze legislation, laws and public policy and recommend changes to promote or support the interests of the general population or special groups

34) Administer programs for selection of sites, construction of buildings, and provision of equipment and supplies

35) Direct or conduct studies or research on issues affecting areas of responsibility

36) Direct or coordinate activities of businesses or departments concerned with the production, pricing, sales, or distribution of products

37) Make presentations to legislative or other government committees regarding policies, programs, and budgets

38) Refer major policy matters to elected representatives for final decisions

39) Direct or coordinate activities of businesses involved with buying or selling investment products or financial services

40) Conduct and direct investigations and hearings to resolve complaints or violations of laws or testify at such hearing

Critical Requirements

1) A university degree is required. Although all candidates are welcome and encouraged to apply, preference will be given to those with degrees in a relevant field

2) Appropriate full-time work experience is mandatory (no students or fresh graduates please)

3) Recent experience in the hospitality industry is strongly preferred

4) Preference will be given to candidates with recent experience in finance management

For the right leader, this is a wonderfully rewarding role with tremendous growth prospects. If you are qualified and think you're a strong fit for this role, please apply ASAP. We thank all applicants, but only candidates who meet our client's criteria will be contacted.

  • Published on 04 Aug 2022, 12:48 PM