Chief Financial Officer (CFO)

Metropolitan Companies•Wyomissing, PA

10d

About The Position

Metropolitan Companies is seeking a Chief Financial Officer to lead the company’s financial strategy and operations and help scale the business in collaboration with the COO and principals. The CFO is responsible for the Accounting, Finance, Treasury, Accounts Payable, Accounts Receivable, and Tax functions. The role develops and implements financial strategies aligned with company goals, oversees financial reporting, analysis, and budgeting, and provides recommendations to expand margins and profitability. The CFO manages financing and banking relationships, cash flow and forecasts, accounting teams and controls, financial planning and project underwriting, tax filings and planning, and accounts payable and receivable operations. The role also evaluates and improves financial systems and processes, oversees job-cost systems and reporting, and provides timely financial information and recommendations to company principals.

Requirements

15+ years of experience in high-level financial management positions in large corporations; small-company experience is not applicable.
Clear and effective communication skills.
Strategic and critical thinking abilities and problem-solving abilities.
Ability and interest in performing a range of duties, from creating spreadsheets to participating in long-range planning meetings.
Leadership skills, including the ability to delegate, motivate, and inspire team members.
Impeccable honesty and integrity.
Bachelor’s degree in Accounting, Finance, or a related field is required.

Nice To Haves

CPA and/or a master’s degree in Accounting, Finance, or Business.

Responsibilities

Manage financing processes and negotiate terms for construction and development projects across multifamily, homebuilding, and commercial businesses.
Manage reporting requirements for banking relationships, cash flow and financial operations, cash flow forecasts, construction financing bank draws, and the home office/internal bank for principals.
Oversee accounting teams; ensure bank and account reconciliations are completed; direct internal audits; review accounting and administrative controls; ensure appropriate controls are in place through the Controller; and coordinate accounting books, tax liabilities, and payments.
Manage the finance team and underwrite development projects using financial models and return metrics; continually improve financial evaluation methods and processes.
Provide company principals with proactive, timely, and accurate financial reporting to support business management.
Analyze corporate departments for efficiency and staffing needs; identify opportunities to improve financial systems and work with IT to implement changes.
Manage intercompany billing for corporate shared-services departments.
Improve financial performance through reporting, developing reporting where visibility is lacking, and implementing strategies to improve profitability.
Oversee implementation, maintenance, and monitoring of a comprehensive job-cost system.
Monitor and report on employee overhead and utilization projections and make recommendations.
Assess financial systems and implement improvements; manage long-range financial plans for all companies.
Manage timely tax return filings for all companies and entities; recommend tax strategies for partners and businesses; manage annual tax forecasts and quarterly payments; and coordinate transactions with the legal department.
Oversee the accounts payable team through the Controller; ensure AP audits are completed, review results, and strengthen controls and processes.
Monitor invoice volume and payables in relation to cash flow; automate accounts payable and funding processes and pursue process improvements.
Oversee accounts receivable, support collection efforts with the business, and work with the legal department on collection issues when needed.