CFO, Washington, District of Columbia
posted: 23rd July 2024
CFO Recruit is partnering a financial services firm in Washington to appoint a CFO. Our client is dedicated to providing innovative solutions and exceptional client service. They are committed to integrity, excellence, and sustainable growth and we are seeking a visionary and experienced Chief Financial Officer to join the executive team and drive the financial strategy in line with corporate goals. This role would suit a Director of Finance or CFO with a strong track record in financial services.
Position Overview:
The CFO will play a critical role in developing and implementing the financial strategy of the firm. The ideal candidate will have a strong background in financial management within the financial services industry, a deep understanding of financial regulations, and a proven track record of driving financial performance and growth. The CFO will oversee all financial operations, provide strategic recommendations to the CEO and Board of Directors, and ensure the financial health and stability of the firm.
Key Responsibilities:
- Develop and execute the financial strategy in alignment with the firm’s business objectives.
- Provide strategic recommendations and financial analysis to the CEO, executive team, and Board of Directors.
- Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.
- Build and maintain strong relationships with internal and external stakeholders.
- Represent the firm in financial discussions, industry forums, and with investors.
- Lead M&A strategy, identifying and recommending potential acquisition targets to the executive team.
- Manage integration of newly acquired firms.
- Oversee the annual budgeting process, financial forecasting, and long-term financial planning.
- Ensure accurate and timely financial reporting in compliance with regulatory requirements.
- Manage the preparation of financial statements, reports, and analyses for internal and external stakeholders.
- Oversee the financial operations, including accounting, treasury, tax, and risk management functions.
- Develop and implement robust financial controls and risk management frameworks.
- Ensure compliance with all financial regulations and standards, including GAAP and IFRS.
- Liaise with auditors, regulators, and other external parties regarding financial matters.
- Optimize financial processes and systems to enhance operational efficiency and effectiveness.
- Drive cost management initiatives and identify opportunities for cost savings.
- Oversee capital structure and investment strategies to support growth and profitability.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
- MBA or CPA.
- Minimum of 10 years of progressive financial management experience, with at least 5 years in a senior leadership role within the financial services industry.
- Deep understanding of financial regulations, compliance, and best practices within the financial services sector.
- Proven track record of strategic financial planning, risk management, and driving financial performance.
- Strong leadership, communication, and interpersonal skills.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
- Proficiency in financial software and systems, including ERP systems and financial modeling tools.
Please note that due to the large volume of applications we are unable to provide individual feedback.
CFO Recruit (www.cfo-recruit.com) specializes in the recruitment of full time, part time and contract CFOs for clients across the US spanning all industry sectors. With decades of experience placing executive level finance leaders we pride ourselves on matching the right talent to the right organization. We support smaller, owner led businesses up to larger corporates and public companies to appoint a CFO. We have a great network of CFOs with extensive experience of financial management and leading strategy for businesses of all sizes and ownership structure. Company LinkedIn page: https://www.linkedin.com/company/cforecruit
CFO Recruit (www.cfo-recruit.com) specializes in the recruitment of full time, part time and contract CFOs for clients across the US spanning all industry sectors. With decades of experience placing executive level finance leaders we pride ourselves on matching the right talent to the right organization. We support smaller, owner led businesses up to larger corporates and public companies to appoint a CFO. We have a great network of CFOs with extensive experience of financial management and leading strategy for businesses of all sizes and ownership structure. Company LinkedIn page: https://www.linkedin.com/company/cforecruit