Chief Financial Officer

Dynamic HVAC solutions provider with industry-leading expertise is looking for a Chief Financial Officer to join their growing team. Selected candidate will be a visionary with an eye toward the future, is comfortable in recommending strategic moves, and has deep financial expertise. This position is based out of the corporate office in Central MD and supports multiple centers in the Mid-Atlantic region. Candidates in PA and VA will also be considered.

The CFO will assume a strategic role in the overall management of the company via translation of the financials. They will plan, implement, manage, and control financial related activities & direct all accounting practices, audits, taxes and compliance directives. The CFO will establish and maintain financial reporting systems consisting of controls and standards to safeguard the organization’s assets and help set and track financial strategies, goals, objectives and budgets. They will work to build a top-notch finance and accounting team, ensuring revenues and expenses stay in balance as well as assume responsibility for the fiscal health of the business.

In addition, the CFO will partner with other senior leaders, business unit managers, and human resources (HR), and information technology (IT) staff to enhance and better integrate finance, HR, and IT functions.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES include the following. Other functions may be assigned:

• Strategically manage the maintenance and documentation of accounting policies and procedures across all business units
• Create an environment of controls to ensure the safeguarding of company assets, including, but not limited to cash, inventory, fixed assets, and investments
• Understand the relationship of computer and process-driven systems, ensuring controls are in place.
• Analyze financial data and ensure the presentation of financial reports in an accurate and timely manner; communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep other senior leaders informed of the financial condition of business units.
• Lead the annual budgeting and planning process; administer and review all financial plans and compare to actual results to identify, explain, and monitor variances as appropriate.
• Ensure timely processing of customer billing, an active collection of open accounts, recording and paying vendor debts
• Work with the other executives, department leaders, and sales staff to determine credit worthiness of potential and current customers.
• Monitor cash and manage payables to enhance cash flow and vendor relationships
• Work with Controller to ensure proper preparation of fixed asset ledger and generate depreciation entries
• Lead the reconciliation of subsidiary ledgers and balance sheet accounts on a timely basis
• Develop process to ensure proper analyze of expense accounts, reconciliation of bank accounts, subsidiary ledgers, and other balance sheet accounts
• Perform or supervise the completion and review of sub-ledgers, including A/R, A/P, inventory, received but not invoiced goods
• Supervise the completion and review of supporting schedules to support balance sheet: prepaid and accrued expenses
• Perform analysis/review for reasonableness and accuracy to provide information to the Executive Team consisting of backlog, bookings, commissions, open purchase orders, and key performance indicators specific to the industry
• Oversee accurate preparation of all supporting documents and requests for the completion of tax returns and owner distributions as required by an external CPA firm.
• Prepare reports and analysis not limited to vendor activity for contract negotiation, salary, and benefit analysis as part of the annual budget and forecasting, and inventory analysis, such as turnover, lead time, and profit margins for planning and contract negotiation.
• Continually strive to improve business processes by reviewing computer systems to evaluate current and potential functionality.
• Work with insurance broker/agent to determine acceptable coverage in all areas of insurance, not limited to property and casualty, umbrella, officer, etc.
• Provide leadership in strengthening internal communications, creating, and promoting a positive and supportive work environment with associates of all levels in the company.
• Provide leadership for all aspects of compliance requirements

QUALIFICATIONS include the following:

This is an extraordinary opportunity for a mature leader with 10+ years of accounting and finance management experience, ideally beginning in accounting and audit, followed by experience in leading teams in gathering, evaluating, presenting, and reporting financial information to executive teams.

• Bachelor's Degree in Accounting, Finance, or related field is required. Preference will be given to candidates with a master's degree in accounting or MBA in finance and the Certified Public Accountant or Certified Management Accountant designations.
• Experience with various financial/accounting and CRM software preferred (specifically Microsoft Dynamics GP and Microsoft Dynamics CRM)
• Advanced knowledge of Microsoft Excel as well as Microsoft Office Suite
• Experience with queries using SQL and SQL Reporting Services Reports
• Excellent organizational, analytical, and communication skills
• Ability to provide direction in a matrix leadership organization in a fast-paced environment
• Personal qualities of integrity, credibility, and ability to maintain the highest degree of confidentiality
• Must be able to develop and execute business and strategic plans

BENEFITS:

• Comprehensive medical, dental, and vison insurance with the majority of the premium employer paid.
• 100% employer paid Basic Life and AD&D insurance
• 100% employer paid Short-Term Disability
• 100% employer paid Long-Term Disability
• 401K plus match
• Tuition Assistance
• Employee Assistance Program
• Generous PTO and numerous paid holidays
• ...and more!