Chief Financial Officer - Williston, United States - NoDak Oilfield Service

Description

Your Impact

NoDak Companies is seeking a dynamic and experienced Chief Financial Officer (CFO) to join our executive team. The CFO will play a crucial role in shaping our financial objectives and driving our strategic expansion.

While overseeing all aspects of the finance and accounting organization, we are also seeking a strategic leader capable of scaling our operations while managing business risks.

The ideal candidate will excel at balancing short and long-term needs across functions to advance the business in alignment with NoDak's strategy and values and will not hesitate to engage in hands-on work when necessary.

As part of our tight-knit team, we value leaders who can seamlessly transition between strategic planning and practical implementation.

NoDak is poised for sustained rapid growth and this is an exciting opportunity for a CFO to make a significant impact and contribute to our continued success.

Your Role


Strategy:

Serve as a key strategic advisor to the CEO and CXO, providing insightful financial analyses and actionable recommendations to drive informed business decisions.

Collaborate with the leadership team to develop and execute a comprehensive financial business strategy that optimizes revenue generation while effectively controlling expenses to enhance customer service and quality.

Financial Analysis:

Utilize advanced data analysis techniques to identify sales trends, analyze labor and material costs, and develop comprehensive company-wide annual budgets and 3-year business forecasts incorporating high/low/nominal sales revenue models and corresponding expense projections.

Identify and communicate opportunities to maximize return on investment (ROI), outlining the potential trade-offs of investments across different business segments.

Finance Operations:

Lead the Accounting and Finance functions, ensuring alignment with NoDak's mission and values, and fostering a high-performing team through staff training, orientation, performance evaluations, and effective mentorship and coaching to cultivate a culture of continuous learning and professional excellence.

Oversee the implementation and optimization of financial software systems to streamline accounting processes, enhance financial reporting accuracy, and improve decision-making capabilities.

Participate in business development efforts, including negotiating contracts and developing new business opportunities to support NoDak's growth objectives.


Transactional:

Oversee debt and equity financing activities, strategically managing cash flow and reviewing loan rates to minimize interest expenses and optimize financial resources for NoDak; maintaining relationships with creditors.

Manage the coordination and services of independent accountants, ensuring timely resolution of financial reporting issues and compliance with regulatory requirements.

Fiduciary:

Coordinate all financial reporting activities including organizational and divisional revenue/expense and balance sheet reports, reports to funding agencies, and the development and monitoring of organizational and contract/grant budgets.

Produce monthly financial reports, balance sheet, profit and loss statement, fixed asset workbook, accounts payable, accounts receivable, and cash flow projections.

Ensure compliance with all federal and state tax-related filings requirements.

Required Experience

Minimum of 5 years of experience in finance management, with at least 3 years in a CFO role or similar position required.

Bachelor's degree in accounting, business administration, or a related field required; CPA desired.

Demonstrated expertise in GAAP accounting principles and strategic financial planning.

Proven history of driving financial performance and aligning strategies with overarching business goals.

Proficiency in complex financial forecasting and strategic financial modeling.

Strong leadership acumen with a decisive approach to driving strategic initiatives and leading change.

Exceptional communication skills and a collaborative demeanor, fostering effective cross-functional teamwork and external partnerships.

Advanced proficiency in financial software and tools, enabling insightful analysis and accurate reporting.

Comprehensive experience in risk management, including proactive identification and mitigation of financial risks.

Comfortability in understanding federal and state income tax regulations and ability to interact with outside advisors to minimize tax costs.

Demonstrated ability to adapt to dynamic operational demands and deliver results with precision.

Exemplary commitment to upholding NoDak's core values and setting a standard for ethical leadership.

Possess Grit. You must be willing to fight and fight hard.

We don't look inside the box and it will take creativity to keep this organization moving forward, as service companies are a daily challenge.

Job Type:
Full-time


Pay:
$140, $150,445.00 per year


Benefits:
Dental insurance

Flexible schedule

Health insurance

Vision insurance


Schedule:
Monday to Friday


Work setting:
Hybrid work

Office


Education:
Master's (Required)


Experience:
CPA/CFO/Accounting: 5 years (Required)


Ability to Relocate:

Williston, ND 58801:
Relocate before starting work (Required)

Willingness to travel:

25% (Required)

Work Location:
Hybrid remote in Williston, ND 58801

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