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Job Details

Chief Financial Officer

Salary
$80,000.00 - $185,000.00 /Year

Location
Jersey City, NJ

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Profile

Strategy, Planning and Management
Act as Chief Financial Officer and strategic business partner to senior executive leadership team.
Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Provide insight and recommendations to both short-term and long-term growth plan of organization.
Identify, acquire and implement systems and software to provide critical financial and operational information.Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
Select and engage consultants, auditors and investors.
Recruit, interview and hire finance, accounting and payroll staff as required.
Serve as a key member of executive leadership team and round table discussion panel.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Financial Analysis, Budgeting and Forecasting
Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
Review and analyze monthly financial results and provide recommendations.
Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain monthly operating budget and annual company operating budget.
Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.
Accounting, General Ledger, Administration and Operations
Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.
Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company's board of directors.
Oversee the preparation and communication of weekly, monthly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Ensure SOX compliance regarding all financial functions.
Work with Human Resources to ensure appropriate legal compliance.
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Oversee preparation of monthly, quarterly and annual financial statements.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems
Hire, develop and manage accounting directors, managers and staff
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
Coordinate and strategize methods used to attain team goals with Chief Accounting Officer and Regional Controllers.
Financial Management
Manage cash flow planning process and ensure funds availability.
Oversee cash, investments and asset management area.
Explore new investment opportunities and provide recommendations on potential returns and risks.
Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plans and operating budgets.
Financial Relations and Policies
Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.
Represent company to banks, financial partners, institutions, investors, public auditors and officials.
Remain current on audit best practices as well as state, federal and local laws regarding company operations.
Finance and Accounting Team Management
Mentor and develop a team of 10 senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.
Cash Management
Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
Supervise Accounts Receivable management and provide guidance relating to the collection process
Chief Financial Officer (CFO) - Position Requirements
Bachelor Degree in Accounting or Finance
CPA Required
Pharmaceutical experience/background required
Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting.
Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
Hands On ERP Systems Experience - Oracle, Sage/Timberline, PeopleSoft
Outstanding communication and presentation skills.
Demonstrated leadership ability, confidence and executive presence - ability to motivate staff.
Excellent analytical, reasoning and problem-solving skills
Job Requirements
Strategy, Planning and Management
Act as Chief Financial Officer and strategic business partner to senior executive leadership team.
Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
Provide insight and recommendations to both short-term and long-term growth plan of organization.
Identify, acquire and implement systems and software to provide critical financial and operational information.Evaluate departments and make suggestions for automating processes and increasing working efficiency.
Communicate, engage and interact with Board of Directors, CEO, COO and Executive Leadership Team.
Create and establish yearly financial objectives that align with the company's plan for growth and expansion.
Select and engage consultants, auditors and investors.
Recruit, interview and hire finance, accounting and payroll staff as required.
Serve as a key member of executive leadership team and round table discussion panel.
Participate in pivotal decisions as they relate to strategic initiatives and operational models.
Implement policies, procedures and processes as deemed appropriate by senior leadership team.
Financial Analysis, Budgeting and Forecasting
Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
Review and analyze monthly financial results and provide recommendations.
Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
Develop and maintain monthly operating budget and annual company operating budget.
Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.
Accounting, General Ledger, Administration and Operations
Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.
Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company's board of directors.
Oversee the preparation and communication of weekly, monthly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Ensure SOX compliance regarding all financial functions.
Work with Human Resources to ensure appropriate legal compliance.
Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
Oversee preparation of monthly, quarterly and annual financial statements.
Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems
Hire, develop and manage accounting directors, managers and staff
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
Coordinate and strategize methods used to attain team goals with Chief Accounting Officer and Regional Controllers.
Financial Management
Manage cash flow planning process and ensure funds availability.
Oversee cash, investments and asset management area.
Explore new investment opportunities and provide recommendations on potential returns and risks.
Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
Utilize forward-looking models and activity-based analyses to provide financial insight into the organization's plans and operating budgets.
Financial Relations and Policies
Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.
Represent company to banks, financial partners, institutions, investors, public auditors and officials.
Remain current on audit best practices as well as state, federal and local laws regarding company operations.
Finance and Accounting Team Management
Mentor and develop a team of 10 senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.
Cash Management
Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
Supervise Accounts Receivable management and provide guidance relating to the collection process
Chief Financial Officer (CFO) - Position Requirements
Bachelor Degree in Accounting or Finance
CPA Required
Pharmaceutical experience/background required
Outstanding knowledge and understanding of GAAP, IFRS, SOX compliance and SEC reporting.
Background coordinating with I.T. staff to manage and/or upgrade accounting system. Systems implementation experience strongly preferred.
Hands On ERP Systems Experience - Oracle, Sage/Timberline, PeopleSoft
Outstanding communication and presentation skills.
Demonstrated leadership ability, confidence and executive presence - ability to motivate staff.
Excellent analytical, reasoning and problem-solving skills
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