Chief Financial Officer

Inbloom Autism ServicesFort Lauderdale, FL

About The Position

As a key member of the Executive Management team, the Chief Financial Officer will report to the CEO and will have direct reporting requirements to the Board of Directors, and assume a strategic and operational role in the overall management of the company. The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company as well as a few operational activities related to the growth of the company. This will include direct responsibility for accounting, finance, accounts payable, payroll, forecasting, strategic planning, revenue cycle, insurance, M&A, investor relationships and institutional financing.

Requirements

  • Master's degree in Business Administration, Accounting, or Finance required.
  • Eight to ten years of experience in financial management required.

Nice To Haves

  • Certified Public Accountant designation preferred.

Responsibilities

  • Drive the company’s financial planning
  • Determine active growth strategies while considering cash and liquidity risks
  • Control and evaluate the organization’s fundraising plans and capital structure
  • Ensure cash flow is appropriate for the organization’s operations
  • Lead and execute M&A activities
  • Oversee medical billing and accounts receivable functions
  • Assist the lease negotiations and lease management activities
  • Ensure compliance with the law and company’s policies
  • Interact with private equity sponsor, Webster Capital, on a weekly basis
  • Implement policies, procedures and processes as deemed appropriate by senior leadership team
  • Prepare and present monthly financial budgeting reports; monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division
  • Deliver presentations and serve as a main point of contact to banks, lenders, financial partners, institutions, investors, public auditors and officials
  • Remain current on audit best practices; and state, federal and local law regarding company operations
  • Create and establish yearly financial objectives that align with the company’s plan for growth and expansion
  • Manage the financial and reporting systems of the organization
  • Recruit, interview and hire finance, accounting and payroll staff as required
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models
  • Interact with and bring department into line with Board of Directors plans initiatives and recommendations
  • Implement policies, procedures and processes as deemed appropriate by senior leadership team
  • Prepare and present monthly financial budgeting reports; monthly profit and loss by region, forecast vs. budget by division and weekly cash flow by division
  • Review and analyze monthly financial results and provide recommendations
  • Identify, develop and execute analysis of business initiatives, product launches and /or new service offerings
  • Develop and maintain monthly operating budget and annual company operating budget
  • Oversee the preparation of timely filing of all local, state, and federal tax returns
  • Oversee and assist with annual audit process
  • Oversee the month end close process, constantly reviewing procedures while eliminating inefficiencies
  • Oversee preparation of monthly, quarterly and annual financial statements
  • Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits
  • Manage cash flow planning process and ensure funds availability
  • Explore new investment opportunities and provide recommendations on potential returns and risks
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets
  • Deliver presentations and serve as a main point of contact to banks, lenders, financial partners, institutions, investors, auditors and officials
  • Remain current on audit best practices; and state, federal and local law regarding company operations
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