Services

Location: New York, NY
Salary: 225K+

A high-growth, internationally-renown design firm is looking for an experienced and results-driven Chief Financial Officer (CFO). As the CFO, you will play a pivotal role in overseeing the financial operations of the company. This role is expected to last for a duration of 6-months, with the possibility of an extended duration.

Key Responsibilities

Financial Strategy & Planning:

• Develop and implement financial strategies aligned with the company’s goals and objectives.
• Provide insights and recommendations to the executive team for financial decision-making.
• Share weekly financial dashboard with Founder & CEO.
• Implement tracking system to monitor progress in each studio.
• Continually identify potential efficiencies.

Budgeting & Forecasting

• Lead the annual budgeting process and provide regular financial forecasts.
• Monitor and analyze variances and take corrective actions as needed.

Cash Flow Management

• Manage and optimize cash flow to ensure liquidity and support ongoing operations.
• Oversee billing, collections and vendor payments.

Financial Reporting & Analysis

• Prepare timely and accurate financial statements, reports & analyses for internal stakeholders and external advisors.
• Provide meaningful financial insights to support business operations and growth initiatives.

Risk Management & Compliance

• Ensure compliance with relevant financial regulations and reporting requirements.
• Implement and maintain effective internal controls and risk management practices.

Team Leadership & Development

• Provide leadership and mentorship to the finance team, fostering a culture of excellence and continuous improvement.
• Establish best-in-class people management and development practices and systems.
• Supervise recruiting, directly for senior leadership and indirectly for more junior hires; oversee on-boarding and training process for all positions.
• Ensure all policies and practices are legally compliant.
• Maintain an Employee Handbook covering firm history, values, standards, processes and employee FAQ including benefits, etc.

Acquisitions

• Support due diligence processes and financial integration efforts for potential acquisitions or partnerships.

Candidate Requirements

The ideal candidate will possess the following qualifications:

• Exceptional leadership skills; proven ability to identify, attract, develop and retain superior talent; proven ability to manage people, motivate a team and build a collaborative, positive, winning culture.
• Proven experience as a CFO.
• Alignment with company values: humble, thoughtful, approachable and fun, transparent and open, committed to excellence, resourceful and honest.
• Experience overseeing data and reporting systems with an eye towards flawless execution.
• Exceptional organizational skills and ability to maximize efficiency.
• Strong analytical and problem-solving skills with the ability to organize and interpret data, generate insights, and anticipate challenges and opportunities; ability to think creatively and form and drive decisions that deliver greatest return on investment.
• Excellent communication and interpersonal skills; ability to solicit input and build team consensus; ability to communicate expectations, provide guidance and review performance or masters level degree in business, accounting, information systems, or finance.
• Experience in the interior design or related industry is a plus.

Key Performance Indicators:

• Create and implement an executive dashboard for timely reporting to the CEO & Founder;
• Ensure accurate time tracking, expense tracking, efficient, accurate, and industry standard accounting, and project management across the organization;
• Manage the budget to profitability;
• Develop and deliver the annual operating budget for 2024 and beyond;
• Improve financial reporting and information sharing across the organization;
• Increase the net income of the business;
• Develop, implement, direct, and ensure a fair comprehensive performance review process;
• Develop and implement the compensation strategy to incentivize performance;
• Maintain a comprehensive Employee Manual to mitigate risk and provide employees with a clear understanding of the terms of employment.
• Develop and implement a tracking system to monitor progress of strategic initiatives, and budgets across each department and each design studio;
• Perform an audit of each department to evaluate and identify potential efficiencies;
• Develop onboarding, and offboarding policies and practices and ensure they are met;
• Develop implement and ensure an internal and external communications system to effectively communicate across the organization;
• Ensure policies and procedures are legally compliant and all policies and procedures are executed across the organization.

Please send resume to [email protected]

Location: Greenwich, CT
Salary: 175K + Bonus
Director of Finance

The Director of Finance is responsible for managing all financial operations and providing strategic direction to support informed decision-making. This role involves overseeing financial reporting, internal controls, and compliance with regulatory requirements. The Director leads a team to excel in financial operations, fosters transparency, and mitigates financial risks. Key responsibilities include driving efficiency, promoting financial stewardship, and educating both internal staff and clients. With a focus on integrity and accountability, the Director of Finance plays a critical role in safeguarding the organization’s assets and contributing to its overall success.

RESPONSIBILITIES:

• Financial Planning and Analysis
• Develop and implement weekly, monthly, annual financial plans, budgets, forecasts, and financial models.
• Proactively highlight to CFO and CEO budget, forecast shortfall with detail and action plan
• Proactively analyze financial data and present financial reports weekly, monthly, quarterly in an accurate manner to senior management.
• Provide insights and recommendations to optimize financial performance and mitigate risks i.e budget shortfall, LOC usage, banking debt / equity ratio
• Monitor key financial metrics required for banking and PE reporting on performance indicators to track progress towards organizational goals.
• Financial Reporting and Compliance:
• Ensure compliance with accounting principles, regulatory requirements, and internal controls and policies.
• Prepare and review financial statements, tax returns (in conjunction with CPA) and other financial reports.
• Assures that the organization meets federal, state and local deadlines.
• Assures that the organization meets banking relationship deadlines
• Communicate to CFO and CEO status of all outstanding invoices, aging and at risk clients on a weekly/monthly basis.
• Escalate on a daily basis any at high risk customers to CEO
• Coordinate audits and examinations by external auditors, tax authorities, and regulatory agencies.
• Implement and maintain internal controls to safeguard assets and maintain data integrity.
• Treasury and Cash Management:
• Manage monthly cash flow, liquidity, and working capital to support operational needs and strategic objectives.
• Assume all accountability for accuracy of AP/AR functions and duties. Manage finance team members to meet all goals and RJTB standards.
• Assist in the banking relationships, and debt financing activities with CFO
• Reconciliation and report monthly banking, credit cards and line of credit.
• Completes vendor payments within the stated term period. Provides status updates to CFO and internal partners. .
• Strategic Financial Management:
• Proactively engage and collaborate with senior management to develop financial strategies and long-term financial plans.
• Assess the financial impact of business decisions and provide recommendations to drive profitability and growth.
• Provide financial due diligence for mergers, acquisitions, and strategic partnerships. as needed with senior management.
• Leadership and Team Management:
• Lead and mentor a team of finance professionals, providing guidance, coaching, and performance feedback.
• Foster a culture of collaboration, accountability, and continuous improvement within the finance department.
• Build cross-functional relationships and collaborate with other departments to achieve organizational objectives.
• Payroll and Compensation Management:
• Oversee payroll processing, ensuring accuracy and compliance with relevant laws and regulations.
• Ensure all vacation, holiday and sick entries are accurate
• Manage relationships with external vendors and service providers for payroll processing and benefits administration.

Continuous Improvement:

• Identify opportunities for process improvement and drive efficiency.
• Strive to secure cost efficiencies in daily activities.
• “Client Facing” Ensure interaction with clients and vendors is thorough and superior
• Monitor adherence to regulatory requirements through audits and compliance checks.
• Proactively embrace responsibilities of role and provide guidance to management.
• Allocating and managing financial, human, and other resources efficiently to support the organization’s goals and objectives.

MANAGERIAL RESPONSIBILITIES:

• Lead and inspire across team and organization. Guiding, motivating, and inspiring employees to perform their best. This involves providing direction, support, and feedback to individuals and teams.
• Continue to work closely in developing direct reports for continued growth and responsibilities.
• Assures that staff are thorough in their daily activities.
• Effectively communicating goals, expectations, and feedback to employees and stakeholders. This includes listening to concerns, providing clear instructions, and fostering open communication.
• Creates a high performing team that is responsive to all internal and external groups for client needs.
• Oversees and participates in the recruitment, hiring, and training of finance personnel as well as other cross functional departments as needed
• Provides constructive and timely performance communication and annual evaluations.

QUALIFICATIONS:

• Proven experience (8+ years) as director of finance or similar role
• In-depth knowledge of corporate finance and accounting principles, laws and best practices
• Solid knowledge of financial analysis and forecasting
• Proficient in QuickBooks Manufacturing; and accounting and tax preparation software
• Expertise in Inventory Management
• Bachelor’s degree preferred; equivalent experience and knowledge considered
• Excellent management and supervisory skills.
• Excellent communication and interpersonal skills.
• Outstanding communication and interpersonal abilities
• CPA or other relevant qualification is a plus

Please send resume to [email protected]