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Chief Financial Officer - Frisco, United States - KIDStrong Enterprises LLC
Description
Are you looking for that workplace where you can be part of a fun, energetic, and professional team that loves what they do? Our corporate office is rapidly growing and we are looking for an experienced Chief Financial Officer to lead our Finance and Accounting team.
POSITION OVERVIEW:
The Chief Financial Officer reports directly to the CEO and will be a highly visible executive within KidStrong. The Chief Financial Officer (CFO) will serve as the head of financial operations for the company.
In addition to overseeing Accounting Operations, Payroll/Benefits Administration, FP&A, Tax, and Audit the role will be active alongside the Chairman, CEO, COO, CMO, and other key leaders in strategic and operational planning.
This leader will be tasked with building and organizing the finance & accounting team, finance and accounting policies and procedures, and implementing and enhancing key information systems all to enable KidStrong to continue to grow at a rapid pace over the next 5 years.
The role will own and guide all franchisor finance and accounting functions and will partner with COO to mature and improve the financial performance of franchise units.
KEY ACCOUNTABILITIES:
Provide servant leadership for our accounting and finance team as well as partner with marketing, operations, programming and training teams to ensure franchisees develop successful franchise units.
Team will consist of a director of accounting (controller), staff accountants, financial analyst initially with a roadmap to introduce additional, specialized personnel as the needs evolve over the next 3-5 years.
The CFO will be a "hands on/in the trenches" leader who actively engages to continuously improve processes toward the goal of improving financial.
operations, controls, and achievement of growth/profitability objectives for KidStrong Inc.Accounting Operations:
Oversee all accounting functions, including financial reporting, royalties, A/R, A/P, treasury, payroll, and tax. Ensure compliance with accounting principles and regulations. Manage timely monthly, quarterly, year end closings. Monitor and ensure compliance with GAAP and/or regulatory rules, including implementation of any changes.
Financial Reporting:
Prepare and deliver regular financial reports to the executive team and board of directors, providing analysis and recommendations for improving financial performance.
Financial Planning and Analysis:
Lead the annual budgeting/strategic planning, periodic forecasting (operating & cash), and ad hoc analysis related to key strategic initiatives.
Monitor and analyze financial performance against key performance indicators (KPIs). Identify opportunities for revenue, profitability, and enterprise value acceleration.Cash Flow Management:
Manage cash flow effectively to support operations, investments, and debt service obligations. Implement cash management strategies to maximize returns on surplus funds.
Financial Risk Management:
Identify and mitigate financial risks through proactive measures and strategic planning. Ensure compliance with financial regulations and tax laws.
Audit and Compliance:
Coordinate annual financial audits and maintain compliance with all regulatory requirements. Implement and oversee internal controls and financial policies.
Corporate Finance:
Work closely with key executives/board on corporate finance and M&A strategy. Responsible for leading debt and equity transactions.
Strategic Partnerships:
Collaborate with other key executives to develop relationships with industry analysts, banks, investors, and financial institutions, in support of KidStrong's growth strategy.
REQUIREMENTS:
10+ years of progressive financial leadership experience, with at least 5 years in a senior finance and accounting role with multiple high growth companies
Proven track record of building teams, processes and systems to scale a financial operation.
Excellent communication and presentation skills.
Excellent analytical and problem-solving skills.
Experience successfully managing annual audit cycles
Prior oversight for payroll and benefits administration
Prior experience implementing NetSuite, SAP, Oracle or other ERP platforms
Bachelor's degree in finance and/or accounting.
CPA and/or MBA preferred.
Franchisor experience preferred.
Prior experience leading audits with a top accounting firm is a plus.
Highly proficient in use of Microsoft Office (Excel, PowerPoint) and Google Suite
Experience with multiple finance & accounting systems including NetSuite, SAP, and QuickBooks (prevailing franchisee platform).
This franchise is independently owned and operated by a franchisee.
Your application will go directly to the franchisee, and all hiring decisions will be made by the management of this franchisee.
All inquiries about employment at this franchisee should be made directly to the franchise location, and not to KidStrong Corporate.
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