Create a Job Alert.

Enter your email below to save this search and receive job recommendations for similar positions.
Thank you. We'll send jobs matching these to
You already suscribed to this job alert.
US
0 suggestions are available, use up and down arrow to navigate them
What job do you want?

CFO job in Los Angeles at Creative Financial Staffing

Create Job Alert.

Get similar jobs sent to your email

List of Jobs

Apply to this job.
Think you're the perfect candidate?
CFO at Creative Financial Staffing

CFO

Creative Financial Staffing Los Angeles, CA Full Time
$200,000 - $250,000/Year

Our client is a long-standing, US-based manufacturer specializing in a wide variety of inks & coatings. Reporting directly to the President and CEO, this position will be based at corporate headquarters in the greater Los Angeles area. The CFO will oversee the company's financial planning & analysis, tax, insurance, treasury, accounting and control, human resources, and information technology (IT) functions. The CFO will partner with the President and CEO to execute its strategic plan: Day-to-Day Accounting:

  • Provide hands-on oversight of daily accounting transactions and preparation of monthly accrual basis financial reports, including Balance Sheet, P&L Statement, Cash Flow Statement, general ledger, accounts receivables and payables, fixed assets and depreciation schedules;
  • Reconciliation of all chart of accounts, contra accounts, and journal entry adjustments necessary to lead month-end close for 25+ profit-centers;
  • Oversee A/R collection, monitor unusual payment trends and looming credit risks;
  • Manage semi-monthly A/P check runs; conduct routine cross-checks to ensure accurate disbursements;
  • Approve and sign company checks; authorize outgoing ACH and wires;
  • Perform bank statement reconciliations;

Payroll & Benefits

  • Oversee the in-house processing of bi-weekly payroll (Ceridian HR/Payroll) with corresponding deductions and payments of multi-state payroll taxes, 401(k) contributions, company match, loan repayments, and timely reporting of Form 940 & 941, including DE9, and all other required state filings;
  • Prepare company state-by-state payroll job classifications and related financial records for Worker Compensation audit;
  • Serve as Fiduciary for company 401(k) Plan; responsible for the selection of prudent and diversified investments suitable for company's demographics, benchmark service provider's fees; safeguard the passing of Actual Deferral & Actual Contribution Percentage (ADP & ACP) tests, ensure compliance with ERISA rules, governmental reporting, and ongoing participant disclosures;
  • Design compensation plans and performance-based incentive programs;

Financial Reporting & Management

  • Report and process various county and state use/sales, excise, and property taxes, business licenses and permit fees;
  • Interface with government auditors;
  • Translate financial results into easily understood highlights, including contribution analyses and other ad hoc reports for strategic planning and budgetary discussions;
  • Manage year-end audit/review and income tax compliance with company auditors/CPAs;
  • Nurture ongoing relationship with company CPAs and auditors; provide timely company financials necessary for tax planning and filings;
  • Compile financial data for submission to company CPAs for state, federal, and certain local income tax filings (Form 1120 for corporation, Form 1065 for LLC, multi-state composite tax returns, and K-1s);
  • Manage year-end 401(k) 5500 audit, perform Non-Discrimination Testing (NDT), certify and file appropriate Form 5500 report with Department of Labor (including Form 5500 for health benefit plan);
  • Report required quarterly/annual filings to U.S. Bureau of Labor Statistics, U.S. Department of Commerce, U.S. Census Bureau, and Equal Employment Opportunity Commission;

Systems & Controls

  • Lead department with relevant training with emphasis on establishing controls and delegating appropriate responsibilities;
  • Experienced with ERP software (Microsoft Dynamics 365 / NAV ERP suite and Sage Fix Assets depreciation software);
  • Manage hardware and software systems implementation and integration for all accounting and financial modules;
  • Oversee the ongoing development and maintenance of in-house Enterprise Resource Planning software, technical infrastructure projects, networks, telecommunication systems, disaster recovery systems, and data processes to ensure optimal performance across entire enterprise;
  • Make appropriate systems and program decisions to streamline internal operations

Cash Management

  • Oversee the operation of cash flows and working capital activities, manage financial plans and capital expenditure;
  • Preparation of sales analysis and reporting of costs, inventory, revenues and volume, as well as sales commissions reports for monitoring sales targets;
  • Structure commission programs commensurate to established contribution margin goals and compensation plans;
  • Determine appropriate methods of allocating company product and service costs (direct and indirect labor, general and administrative expenses, variable and semi-fixed costs);
  • Preparation of contribution/profitability analysis by item, by customer, by location, by sales person, by product segmentation;
  • Establish strategic pricing for all product and customer segmentations;
  • Perform net present value (NPV) analyses to ensure proposed business ventures can meet required internal rate of return (IRR);
  • Evaluate all capital expenditures to ensure they meet company's strategic return on invested capital (ROIC) objectives;

Treasury & Credit Relations

  • Establish, build, and maintain relationships with major insurance underwriters and brokers; study company loss-run data and market trends to determine the most cost-efficient ways to protect against potential losses and claims; review and negotiate rates for all general liability, property-casualty, umbrella, EPLI, automobile, worker compensation, medical, dental, vision, and life insurance;
  • Cultivate relationship and maintain open line of communication with bank/banker on a regular basis; provide and review required financial documents, secure and negotiate appropriate lines of credit sufficient for required working capital and longer-term assets;
  • Invest and manage company stock portfolio (consisting of publicly-traded securities).

EXPERIENCE AND QUALIFICATIONS:

The ideal candidate will be a disciplined, respected and effective leader / communicator and senior financial professional with at least 15-20 years of overall experience, including at least one stint as a standalone CFO of a successful company. The successful candidate will combine effective hands-on day-to-day financial management with innate curiosity, insightful strategic thinking, refined analytical competencies and superior management skills. EDUCATION:

BA / BS in Math, Finance, Accounting, Business Administration or other quantitative discipline is highly preferred. MBA is a plus. CPA is highly preferred.

 

Recommended Skills

  • Fixed Asset
  • Treasury
  • Depreciation
  • Balance Sheet
  • Reconciliation
  • Financial Statements
Apply to this job.
Think you're the perfect candidate?

Help us improve CareerBuilder by providing feedback about this job:

Job ID: EB-7284018036

CareerBuilder TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.