Chief Financial Officer (CFO) Greater Philadelphia, PA Area

Chief Financial Officer (CFO)

Department: Finance

Employment Type: Full Time

Location: Metropolitan Companies Wyomissing

Description

Metropolitan Companies is seeking a Chief Financial Officer (CFO) to join our team! The role requires a high performing CFO with strong leadership capabilities and the ability to continually multitask and execute the strategic plan for the companies. This is a unique opportunity for a strategic growth CFO who will be instrumental in scaling the company with the COO and principals. The CFO is responsible for the following departments: Accounting, Finance, Treasury, Accounting, Accounts Payable, Accounts Receivable, and Tax.

The CFO is responsible for developing and implementing financial strategies that align with the company's goals and objectives, overseeing financial reporting, analysis, and budgeting, analyzing financial data, and providing recommendations for margin/profit expansion.

Key Responsibilities

Departmental Responsibilities: Accounting, Finance, Treasury, Accounts Payable, Accounts Receivable, and Tax

Treasury

Manage Financing process and negotiate terms on construction and development projects for multifamily, homebuilding, and commercial projects.

Manage all reporting requirements for banking relationships.

Manage cash flow, financial operations, and cash flow forecast for all companies.

Oversee bank draw process for construction financings.

Manage home office/internal bank for principals.

Accounting

Responsible for the oversight of the accounting teams.

Ensure all bank and account recs are completed.

Direct internal audits, review accounting, and administrative controls.

Ensure proper controls are in place via Controller.

Coordinate Tax & Accounting books, tax liabilities/payments.

Finance

Manage the finance team.

Underwrite all development projects via financial models and return metrics. Continually improve the methodology of financial evaluation and financial evaluation process.

Proactively monitor and provide timely and accurate financial reporting to company Principals to help manage the businesses.

Analyze all corporate departments for efficiency and staffing requirements.

Identify areas of opportunity to improve financial systems. Work with IT to implement necessary changes.

Manage intercompany billing for all corporate shared services departments.

Identify areas to improve financial performance via financial reporting and develop financial reporting where visibility is lacking.

Continually review company financials and employ strategies to improve profitability.

Oversee the implementation, maintenance, and monitoring of a comprehensive job cost system.

Monitor, report on, and make recommendations based on employee overhead and utilization projections.

Continually assess and evaluate all financial systems for capabilities and constantly implement improvements.

Manage long range financial plans for all companies.

Tax

Manage tax return filings for all companies/entities in a timely manner.

Make strategic planning suggestions for all partners and businesses based upon tax opportunities.

Manage annual tax forecasts for all companies and partners, and execute all quarterly payments.

Strategize and coordinate with the legal department on all transactions.

Accounts Payable

Oversee the accounts payable team via Controller.

Ensure AP audits are completed, review results, and tighten controls/process.

Monitor invoice volume/payables, tie to cash flow operations.

Automate accounts payable and funding processes. Focus on continual development and process improvement.

Accounts Receivable

Oversee accounts receivable.

Work with the business to ensure the collection of A/R and work with the legal department when needed on collections issues.

Skills, Knowledge and Expertise

15+ years 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, problem solving abilities.

The ability to, and interest in, working up and down the scale of duties (i.e., can create a spreadsheet followed by a meeting on long range planning)

Leadership skills with the ability to delegate, motivate and inspire team members.

Impeccable honesty and integrity.

CPA and/or Master’s degree in Accounting, Finance or Business preferred. A Bachelor's degree in Accounting, Finance, or a related field is required.

Benefits

Medical/Dental/Vision Insurance

Voluntary Benefits (Life Insurance, Short-term & Long-term Disability)

Health Savings Plan (HSA)

401k Plan-Match

Holiday Pay

Paid Time Off

Bonus Program

Employee Referral Bonus