Spencer Technologies
Chief Financial Officer
Spencer Technologies, Medway, Massachusetts, us, 02053
JOB DESCRIPTION:
The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for overseeing the financial health and strategic financial direction of the organization. The CFO provides expert financial guidance, ensures compliance with regulatory requirements, and drives the organization’s financial strategy to achieve sustainable growth and profitability. The CFO will report to the Chief Operating Officer.
Role and Responsibilities: Financial Strategy and Planning
Develop and implement financial strategies that align with the company’s mission, vision, and long-term goals. Lead financial forecasting, budgeting, and resource allocation processes. Advise the CEO, COO and board of directors on financial performance, risks, and opportunities. Financial Management
Oversee financial reporting, ensuring accuracy, compliance, and timeliness. Manage cash flow, liquidity, and capital allocation to support operational and strategic needs. Monitor financial performance through key performance indicators (KPIs) and benchmarks. Leadership and Team Development
Lead and develop the finance team, fostering a culture of collaboration and excellence. Build cross-departmental relationships to integrate financial insights into decision-making. Risk Management and Compliance
Ensure compliance with all legal, regulatory, and financial reporting requirements. Develop and maintain internal controls to safeguard company assets. Assess and mitigate financial and operational risks. Technology and Innovation
Implement financial technologies and systems to enhance reporting, forecasting, and operational efficiency. Stay updated on industry trends and integrate best practices into the organization. Day-to-Day Duties
Own all aspects of Finance operations, including:
Regular financial reporting (e.g. preparing monthly, quarterly, and annual financial statements), forecasts, planning, budgeting, financial analysis, cash management, and procurement. Timely and accurately provide reporting of financial information to internal parties, government regulators, and outside agencies.
Audit and improve productivity and effectiveness of current cross team processes. Partner with the COO to support corporate finance activities, including venture capital fundraising. Manage and supervise all AR/AP cycles with external partners and customers - including the implementation of accounting and billing systems and controls. Work with banks to ensure adequate cashflow to run operations. Partner with People Team on Equity administration and planning. Keep careful tabs on regular transactions, investments and any business deals that affect the bottom line. Conduct regular audits of expenditures, assets and liabilities. Monitor transactions. Prepare financial reports.
Qualifications: Bachelor’s Degree in finance, accounting, business administration or a related field. Ten years of managerial experience. Certifications such as CPA, CFA, and CMA are preferred. Analytical skills. Attention to detail. Critical thinking. Computation skills. Leadership abilities. Excellent oral and written communication skills.
Travel required for this position: 30-40%
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Role and Responsibilities: Financial Strategy and Planning
Develop and implement financial strategies that align with the company’s mission, vision, and long-term goals. Lead financial forecasting, budgeting, and resource allocation processes. Advise the CEO, COO and board of directors on financial performance, risks, and opportunities. Financial Management
Oversee financial reporting, ensuring accuracy, compliance, and timeliness. Manage cash flow, liquidity, and capital allocation to support operational and strategic needs. Monitor financial performance through key performance indicators (KPIs) and benchmarks. Leadership and Team Development
Lead and develop the finance team, fostering a culture of collaboration and excellence. Build cross-departmental relationships to integrate financial insights into decision-making. Risk Management and Compliance
Ensure compliance with all legal, regulatory, and financial reporting requirements. Develop and maintain internal controls to safeguard company assets. Assess and mitigate financial and operational risks. Technology and Innovation
Implement financial technologies and systems to enhance reporting, forecasting, and operational efficiency. Stay updated on industry trends and integrate best practices into the organization. Day-to-Day Duties
Own all aspects of Finance operations, including:
Regular financial reporting (e.g. preparing monthly, quarterly, and annual financial statements), forecasts, planning, budgeting, financial analysis, cash management, and procurement. Timely and accurately provide reporting of financial information to internal parties, government regulators, and outside agencies.
Audit and improve productivity and effectiveness of current cross team processes. Partner with the COO to support corporate finance activities, including venture capital fundraising. Manage and supervise all AR/AP cycles with external partners and customers - including the implementation of accounting and billing systems and controls. Work with banks to ensure adequate cashflow to run operations. Partner with People Team on Equity administration and planning. Keep careful tabs on regular transactions, investments and any business deals that affect the bottom line. Conduct regular audits of expenditures, assets and liabilities. Monitor transactions. Prepare financial reports.
Qualifications: Bachelor’s Degree in finance, accounting, business administration or a related field. Ten years of managerial experience. Certifications such as CPA, CFA, and CMA are preferred. Analytical skills. Attention to detail. Critical thinking. Computation skills. Leadership abilities. Excellent oral and written communication skills.
Travel required for this position: 30-40%
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