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Title
Text copied to clipboard!Vice President of Finance
Description
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We are looking for a highly experienced and strategic Vice President of Finance to join our executive team. The ideal candidate will have a strong background in financial management, strategic planning, and leadership. This role is critical in driving the financial health and growth of the organization. The Vice President of Finance will be responsible for overseeing all financial activities, including budgeting, forecasting, financial reporting, and risk management. They will work closely with other senior executives to develop and implement financial strategies that align with the company's goals and objectives. The successful candidate will have excellent analytical skills, a deep understanding of financial principles, and the ability to communicate complex financial information to non-financial stakeholders. They will also be responsible for managing relationships with investors, auditors, and regulatory bodies. This is a high-impact role that requires a proactive and results-oriented individual who can thrive in a fast-paced and dynamic environment. The Vice President of Finance will play a key role in shaping the financial future of the organization and ensuring its long-term success.
Responsibilities
Text copied to clipboard!- Oversee all financial operations and direct corporate financial planning and structure.
- Coordinate, analyze, and report the financial performance to Management and Board of Directors.
- Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties.
- Oversee audit and tax functions, coordinate activities with outside audit firms and review firms' performance.
- Develop, implement, and maintain accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting.
- Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
- Ensure compliance with all financial regulations and standards.
- Develop and maintain relationships with banking, insurance, and non-organizational accounting personnel to facilitate financial activities.
- Monitor and analyze monthly operating results against budget.
- Oversee daily operations of the finance department.
- Manage the preparation of the budget and financial forecasts and report variances.
- Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting.
- Provide strategic recommendations to the CEO/president and members of the executive management team.
- Advise on long-term business and financial planning.
- Establish and develop relations with senior management and external partners and stakeholders.
Requirements
Text copied to clipboard!- Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
- 10+ years of experience in a senior financial managerial position.
- Strong financial and accounting background, including an understanding of profit and loss, balance sheet, and cash flow management.
- Experience with corporate governance.
- Proven track record of success in facilitating progressive organizational change and development within a growing organization.
- Excellent analytical, reasoning, and problem-solving skills.
- Significant experience working with external auditors, internal controls, and compliance-related issues.
- Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board, or other outside partners.
- Ability to lead and manage a team.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
- Experience in strategic planning and execution.
- Knowledge of contracting, negotiating, and change management.
- Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
- Ability to analyze financial data and prepare financial reports, statements, and projections.
- Working knowledge of short and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with financial forecasting and budgeting?
- How do you ensure compliance with financial regulations and standards?
- Can you provide an example of a time when you successfully led a financial strategy that resulted in significant growth for an organization?
- How do you handle discrepancies in financial reports?
- What is your approach to managing a finance team?
- How do you communicate complex financial information to non-financial stakeholders?
- Can you describe a challenging financial situation you faced and how you resolved it?
- What strategies do you use to manage relationships with investors and auditors?
- How do you stay updated with the latest financial regulations and industry trends?
- What is your experience with financial software and tools?
