Position Overview:
The Vice President of Finance will report directly to the CEO and serve as a key executive leadership team member. This senior-level position will oversee the company's financial operations, develop and execute financial strategies, and ensure the alignment of financial performance with organizational goals. The VP of Finance will play a crucial role in shaping business strategy, optimizing financial performance, and managing key financial risks while leading a high-performing finance team. This role requires a seasoned finance leader with deep expertise in financial management, strategic thinking, and the ability to collaborate with senior leaders to drive business growth.
Key Responsibilities:
Strategic Financial Leadership:
- Work closely with the CEO and senior leadership team to develop and implement the company's financial strategy.
- Provide financial leadership in all key decision-making processes, capital investment, and long-term business planning.
- Align financial goals with the company's strategic vision, ensuring financial resources are optimized to drive business growth.
Financial Planning & Analysis (FP&A):
- Oversee the development of the company's budget, long-term financial forecasts, and financial planning processes.
- Lead the financial forecasting process to ensure business targets and financial goals are met, and provide regular updates on performance.
- Provide insightful analysis on financial trends, variances, and key performance indicators (KPIs), offering actionable recommendations to the CEO and Board of Directors.
Financial Reporting & Oversight:
- Ensure the accuracy, timeliness, and transparency of all financial reporting, including monthly, quarterly, and annual financial statements.
- Prepare comprehensive financial reports and presentations for the CEO, Board of Directors, and external stakeholders.
Cash Flow and Capital Management:
- Oversee the company's cash flow management to ensure sufficient liquidity for operations, growth, and capital expenditures.
- Develop and implement strategies to optimize working capital and manage capital structure.
- Evaluate capital expenditure proposals, assess ROI, and ensure efficient allocation of financial resources.
Profitability & Cost Management:
- Identify and drive initiatives to improve profitability, reduce costs, and enhance operational efficiency across the business.
- Implement cost-control measures and performance improvement strategies in partnership with business leaders.
- Analyze and assess product profitability, pricing strategies, and cost structures to drive margin improvement.
Risk Management & Compliance:
- Oversee risk management activities, including financial, operational, and market risks, ensuring the company's financial health is protected.
- Develop and implement policies to mitigate financial risks, including currency, credit, and liquidity risks.
Team Leadership & Development:
- Lead, mentor, and develop the finance team, fostering a culture of excellence, collaboration, and continuous improvement.
- Build strong partnerships with other departments to ensure financial strategies are effectively executed and aligned with business objectives.
- Promote professional development opportunities for finance staff and ensure they have the skills to meet the company's evolving needs.
Stakeholder Management:
- Serve as the primary financial spokesperson for the organization, communicating financial performance and strategy to internal and external stakeholders, including investors, the Board of Directors, and senior executives.
- Build and maintain strong relationships with key financial partners, including banks, auditors, and other external advisors.
Qualifications & Experience:
- Education: A Bachelor's degree in Finance, Accounting, Economics, or a related field (MBA, CPA, or CFA preferred).
- Experience: At least 15 years of experience in financial management, ideally within a fast-paced, growth-oriented organization.
- Financial Expertise: Extensive experience in financial management, forecasting, strategic financial planning, cash flow management, and profitability analysis.
- Leadership & People Management: Proven ability to lead and motivate high-performing finance teams, providing mentorship and strategic guidance.
- Strategic Thinker: Ability to think strategically, anticipate business needs, and proactively drive the financial strategy of the organization.
- Stakeholder Communication: Strong communication skills, with the ability to present complex financial information to non-financial stakeholders, including the CEO, Board of Directors, and external investors.
- Business Acumen: Deep understanding of business operations and how financial decisions impact business outcomes. Familiarity with growth and scalability challenges in a corporate environment.
- Risk Management & Compliance: In-depth knowledge of risk management principles and regulatory requirements.
Ideal Candidate Profile:
The ideal candidate for the Vice President of Finance role will be a strategic, results-oriented financial leader with a deep understanding of both the operational and financial aspects of running a business. This individual will be highly skilled in developing and executing financial strategies that drive growth while maintaining financial discipline. They will be an influential advisor to the CEO, capable of making complex financial decisions that have a direct impact on the organization's success. A strong communicator and team leader, they will inspire confidence in both the finance team and senior leadership, ensuring that financial operations align with the company's long-term vision and objectives.
