Systems Technology Inc
Chief Financial Officer
Systems Technology Inc, Hawthorne, California, United States, 90250
What You’ll Do:
As the Chief Financial Officer, you’ll drive our financial strategy, optimize capital allocation, and ensure operational efficiency. The CFO is a key strategic financial business partner accountable for the financial, administrative, and risk management operations of the company. This role is managing the accounting function, including payroll, audit and tax; and the Business Office which includes safety compliance, facility, office administration, security, purchasing and shipping. The CFO optimizes the company’s cash flow and provides accurate and timely financial information to the executive team, departmental heads, and the Board of Directors. As a member of the Executive Team, the CFO participates in the setting of yearly strategic goals and managing staff to meet or exceed goals. Reports directly to the CEO.
Strategy, Planning and Management
Chief Financial Officer and strategic business partner to senior executive leadership team
Drive financial performance of organization regarding long-term operational goals, budgets and forecasts
Provide insight and recommendations to both short-term and long-term growth plan of organization
Identify, acquire and implement systems and software to provide financial and operational information and control. Evaluate departments and make suggestions for automating processes and increasing working efficiency and company performance
Communicate and interact with Board of Directors, CEO, COO and Executive Leadership Team
Create and establish yearly financial objectives that align with the company’s plan for growth
Serve as a key member of executive leadership team including strategy, operations and tactics
Interact with and bring finance department into line with Board of Directors’ plans, initiatives and recommendations
Implement policies, procedures and processes to drive business performance and comply with laws and regulations
Manage HR functions including benefits, hiring process, onboarding and offboarding with help from existing team and the outsource HR management partner
Manage the company’s ESOP plan, HR, 401K plan and benefits
Manage the company insurance compliance
Financial Planning and Analysis, Budgeting and Forecasting
Prepare and present monthly financial reports including monthly profit and loss, forecast vs. budget by team and weekly cash flow by team and insights to improve performance
Review and analyze monthly financial results and provide recommendations
Identify, develop and execute financial analysis of business initiatives, product launches and/or new service offerings
Develop and maintain monthly operating budget and annual company operating budget
Manage financial planning and analysis department to maximize shareholder value. Supervise creation of reports, software implementation and tools for budgeting and forecasting
Accounting and Administration and Operations
Review and ensure application of appropriate internal controls, compliance and financial procedures
Ensure timeliness and accuracy of financial and management reporting data for key stakeholders, and company’s board of directors
Oversee the preparation and communication of weekly, monthly and annual financial statements
Oversee the preparation and timely filing of all local, state and federal tax returns
Ensure GAAP and DCAA, FAR and CAS compliance regarding all financial functions as appropriate
Manage and review the month-end close process, constantly reviewing procedures while eliminating inefficiencies
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 as well as manage preparation of all external audits
Financial and Cash Management
Manage cash flow planning process and ensure funds availability
Oversee cash, investments and asset management area
Help secure financing to maximize performance
Explore new investment opportunities and provide recommendations on potential returns and risks
Maintain outstanding banking relationships and strategic alliances with vendors & business partners
Develop and utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets
Engage executive staff and board of directors to develop plans, projections and budgets
Represent company to banks, financial partners, institutions, investors, public auditors and officials
Remain current on audit best practices, state, federal and local laws regarding company operations
Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
Supervise Accounts Receivable management and provide guidance for transactional processes
Ensure that company assets are protected and controlled
Operational Management
Manage all supply chain and procurement in the company as well as expenses related to supplies and vendors
Manage all risk and compliance of the company notifying CEO and Board Members of anything anticipated that could put the company at risk legally, financially or compliance related
Streamline the reporting processes in finance and with government agencies always aiming for a culture of high performance and continuous improvement
Implement best practices in IT, Accounting, Operations, Contracts and Accounting and Finance departments
Work with HR and IT to coordinate office space, furniture, and equipment for temporary and new staff.
Oversee all aspects of facility maintenance and repair including vendor selection and approval
Act as Safety Officer ensuring the organization is trained and compliant with applicable federal, state and local regulations.
Oversee timely, accurate, and compliant payrolls for various company audits including 401k and Workers Comp
Requirements:
Minimum of 10 years of progressive accounting experience and/or 2-4 years as a Head of Finance or CFO
Strongly prefer experience in a government contracting company with knowledge in FAR, CAS, DoD and DCAA compliance
Strong knowledge in accounting, financial planning, Human Resources and Safety compliance laws
Knowledge of FARS, GASB, DCMA and DCAA nice to haves
Proven track history successfully presenting to a Board of Directors and being actively involved in strategic growth planning
CPA and CMA, a plus
Bachelor’s degree in accounting/finance, Masters in relevant field, MBA preferred
Compensation And Benefits:
Systems Technology Inc. offers all employees competitive pay along with a benefits package encompassing the following and more:
Medical benefits (HMO – 100% company paid for Employees & Dependents)
Dental and vision plans
Employee Stock Ownership Plan (ESOP)
401(k) Safe Harbor Retirement Plan and company defined contribution.
Flexible spending Accounts (FSA), Dependent Care, and Employee Assistance Program (EAP)
Life & Long-Term Disability Insurance
Fitness Program Reimbursement and Technology Stipends
Tuition Assistance Programs
Year-round company sponsored events.
Employee rewards and recognition
Please note that this job description is intended to provide a general overview of the position and does not include an exhaustive list of responsibilities and qualifications.
At Systems Technology Inc. (STI) we aim to attract, retain, and motivate talent that possesses the skills and leadership necessary to grow our business. For this position we are targeting a
base pay of $200k+ . Our compensation packages will also include a
performance bonus, ESOP (Employee owned company) and 401k contribution . Actual compensation offered will be determined by factors such as job-related knowledge, skills, and experience.
STI is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
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As the Chief Financial Officer, you’ll drive our financial strategy, optimize capital allocation, and ensure operational efficiency. The CFO is a key strategic financial business partner accountable for the financial, administrative, and risk management operations of the company. This role is managing the accounting function, including payroll, audit and tax; and the Business Office which includes safety compliance, facility, office administration, security, purchasing and shipping. The CFO optimizes the company’s cash flow and provides accurate and timely financial information to the executive team, departmental heads, and the Board of Directors. As a member of the Executive Team, the CFO participates in the setting of yearly strategic goals and managing staff to meet or exceed goals. Reports directly to the CEO.
Strategy, Planning and Management
Chief Financial Officer and strategic business partner to senior executive leadership team
Drive financial performance of organization regarding long-term operational goals, budgets and forecasts
Provide insight and recommendations to both short-term and long-term growth plan of organization
Identify, acquire and implement systems and software to provide financial and operational information and control. Evaluate departments and make suggestions for automating processes and increasing working efficiency and company performance
Communicate and interact with Board of Directors, CEO, COO and Executive Leadership Team
Create and establish yearly financial objectives that align with the company’s plan for growth
Serve as a key member of executive leadership team including strategy, operations and tactics
Interact with and bring finance department into line with Board of Directors’ plans, initiatives and recommendations
Implement policies, procedures and processes to drive business performance and comply with laws and regulations
Manage HR functions including benefits, hiring process, onboarding and offboarding with help from existing team and the outsource HR management partner
Manage the company’s ESOP plan, HR, 401K plan and benefits
Manage the company insurance compliance
Financial Planning and Analysis, Budgeting and Forecasting
Prepare and present monthly financial reports including monthly profit and loss, forecast vs. budget by team and weekly cash flow by team and insights to improve performance
Review and analyze monthly financial results and provide recommendations
Identify, develop and execute financial analysis of business initiatives, product launches and/or new service offerings
Develop and maintain monthly operating budget and annual company operating budget
Manage financial planning and analysis department to maximize shareholder value. Supervise creation of reports, software implementation and tools for budgeting and forecasting
Accounting and Administration and Operations
Review and ensure application of appropriate internal controls, compliance and financial procedures
Ensure timeliness and accuracy of financial and management reporting data for key stakeholders, and company’s board of directors
Oversee the preparation and communication of weekly, monthly and annual financial statements
Oversee the preparation and timely filing of all local, state and federal tax returns
Ensure GAAP and DCAA, FAR and CAS compliance regarding all financial functions as appropriate
Manage and review the month-end close process, constantly reviewing procedures while eliminating inefficiencies
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 as well as manage preparation of all external audits
Financial and Cash Management
Manage cash flow planning process and ensure funds availability
Oversee cash, investments and asset management area
Help secure financing to maximize performance
Explore new investment opportunities and provide recommendations on potential returns and risks
Maintain outstanding banking relationships and strategic alliances with vendors & business partners
Develop and utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets
Engage executive staff and board of directors to develop plans, projections and budgets
Represent company to banks, financial partners, institutions, investors, public auditors and officials
Remain current on audit best practices, state, federal and local laws regarding company operations
Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs
Supervise Accounts Receivable management and provide guidance for transactional processes
Ensure that company assets are protected and controlled
Operational Management
Manage all supply chain and procurement in the company as well as expenses related to supplies and vendors
Manage all risk and compliance of the company notifying CEO and Board Members of anything anticipated that could put the company at risk legally, financially or compliance related
Streamline the reporting processes in finance and with government agencies always aiming for a culture of high performance and continuous improvement
Implement best practices in IT, Accounting, Operations, Contracts and Accounting and Finance departments
Work with HR and IT to coordinate office space, furniture, and equipment for temporary and new staff.
Oversee all aspects of facility maintenance and repair including vendor selection and approval
Act as Safety Officer ensuring the organization is trained and compliant with applicable federal, state and local regulations.
Oversee timely, accurate, and compliant payrolls for various company audits including 401k and Workers Comp
Requirements:
Minimum of 10 years of progressive accounting experience and/or 2-4 years as a Head of Finance or CFO
Strongly prefer experience in a government contracting company with knowledge in FAR, CAS, DoD and DCAA compliance
Strong knowledge in accounting, financial planning, Human Resources and Safety compliance laws
Knowledge of FARS, GASB, DCMA and DCAA nice to haves
Proven track history successfully presenting to a Board of Directors and being actively involved in strategic growth planning
CPA and CMA, a plus
Bachelor’s degree in accounting/finance, Masters in relevant field, MBA preferred
Compensation And Benefits:
Systems Technology Inc. offers all employees competitive pay along with a benefits package encompassing the following and more:
Medical benefits (HMO – 100% company paid for Employees & Dependents)
Dental and vision plans
Employee Stock Ownership Plan (ESOP)
401(k) Safe Harbor Retirement Plan and company defined contribution.
Flexible spending Accounts (FSA), Dependent Care, and Employee Assistance Program (EAP)
Life & Long-Term Disability Insurance
Fitness Program Reimbursement and Technology Stipends
Tuition Assistance Programs
Year-round company sponsored events.
Employee rewards and recognition
Please note that this job description is intended to provide a general overview of the position and does not include an exhaustive list of responsibilities and qualifications.
At Systems Technology Inc. (STI) we aim to attract, retain, and motivate talent that possesses the skills and leadership necessary to grow our business. For this position we are targeting a
base pay of $200k+ . Our compensation packages will also include a
performance bonus, ESOP (Employee owned company) and 401k contribution . Actual compensation offered will be determined by factors such as job-related knowledge, skills, and experience.
STI is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
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