Chief Financial Officer (Outsourced Services)

Chief Financial Officer (Outsourced Services) JOB TYPE: Full-Time/Part-Time JOB LOCATION: Utah (virtual work from home office and visit client locations) CATEGORY: Finance and Accounting JOB SUMMARY: Preferred CFO is an outsourced/fractional CFO firm providing premium finance and accounting assistance to growing and emerging companies. We are seeking an experienced individual to assume the outsourced CFO position for a select group of our existing clients. This position delivers part-time/fractional CFO services to a variety of companies simultaneously. Being a key team member for several different clients provides the CFO with the opportunity to deliver immediate results and influence meaningful impact within the assigned client companies. As a trusted advisor to the executive management teams within these companies, the CFO oversees the tactical finance and accounting function within the company from a high-level, while providing practical, strategic, CFO-level guidance and oversight focused on maximizing and uncovering value and mitigating potential risk. ESSENTIAL FUNCTIONS:

• Oversee the work of the controller and senior accountant assigned to the client
• Assist with month-end reconciliation workbook, as required
• Provide monthly financial reporting package to client each month (no later than 10th day following month end)
• Create and maintain a robust financial forecast and budget (expected to master the PCFO forecasting tools and methodology)
• Create and maintain a 13-week cash flow forecast
• Meet with the client regularly to review in detail the monthly reporting package and the forecast
• Provide clients with strategic insight into the financial performance of the company
• Analyze financial statement trends and KPIs and make recommendations for client actions to address insights from such
• Develop strong working relationships with clients and other stakeholders
• Suggest and implement operational best practices within the finance and accounting department
• Employ good, sound judgment and become a trusted advisor within the company
• Develop and manage financial controls in accordance with the company's procedures
• Generate qualified leads for future engagements by networking with other professional trusted advisors QUALIFICATIONS:
• Bachelor's degree in accounting or finance required (CPA, MBA or MAcc a plus)
• 2+ years of CFO experience (will coach the right candidate with controller only experience)
• Advanced working knowledge of GAAP accounting
• Strong understanding of forecasting methodologies
• QuickBooks knowledge
• Strong financial analysis abilities
• Advanced Microsoft Excel skills required
• Ability to plan, direct, and control the strategic accounting function for multiple client companies at any given time
• A decisive individual who possesses a "big picture" perspective and is well versed in implementing and maintaining effective accounting controls and systems
• Ability to analyze existing operations and recommend and implement both revised and new policies, procedures, and systems
• Willing to travel to local and regional client locations (out-of-state travel is very limited)
• Exceptional ability to motivate, coach, and develop junior accounting professionals
• Impeccable communication and interpersonal skills
• Ability to present reports accurately and concisely to the assigned CFO and/or executive management team
• Unquestionable business ethics and personal integrity Apply tot his job

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