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CFO (Chief Financial Officer)

RESION • Full-time • Remote (Lake Ronkonkoma, New York, United States) • $165k - $190k / year • 3w ago

Position Title: Chief Financial Officer

Department: Finance

Reports To: Chief Executive Officer. (CEO)

Location: Lakeland, FL., Boca Raton, FL, Central Islip, NY, or Virginia Beach, VA

Company: Resion LLC.

Employment Type:Full Time, Hybrid, or On-Site.

About us:

We are a strategic partner and the largest independent stocking distributor of electronic components providing supply chain solutions, and financial inventory strategies for supply chain professionals in the aerospace, military, defense, and medical industries in the US and around the world. Our team of industry experts and financial analysts work tirelessly to develop scalable strategies and manufacturing forecasts that address both the market trends and lifecycle conditions to provide a solution set that solves our customers’ mission-critical issues. As strategic partners, we source certifiable products and engineer innovative solutions that provide superior performance and meet all stringent quality.

Position Summary:

The Chief Financial Officer is responsible for managing and leading the financial initiatives of the company working in partnership with other C-suite executives, including the CEO. The position reports to both the CEO and the Board of Directors.

The CFO oversees all financial aspects of a company, including financial planning, budgeting, accounting, and reporting. They ensure that the organization maintains profitability, manages cash flow effectively, and complies with financial regulations and accounting standards. The CFO will supervise the finance team coordinating their work to provide accurate and timely financial information. The company is in the Aerospace & Defense, Manufacturing and Technology sectors.

Strategic Functions

Beyond traditional financial management, modern CFOs act as strategic partners to the CEO and executive team. They analyze data to guide major business decisions, such as investments, mergers and acquisitions, capital structure management, and risk mitigation. They also evaluate long-term economic trends, assess opportunities for growth, and advise on resource allocation to maximize returns and minimize risks

Essential Job Duties and Functions: Chief Finance Officer

• Develop financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff.

• Work with senior managers to efficiently develop budget proposals, provide access to project finance information, cash flow projections and ensure contract compliance and reporting.

• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement.

• Architect and execute capital procurement strategies, including asset-based lending, purchase order financing and mobilization capital to fund inventory and Work in Process pipeline and serve as the primary liaison to commercial lenders, specialized defense/aerospace banking sectors and private equity stakeholders.

• Overseeing HR operations by coordinating with external service and internal HR staff: communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, disciplinary, and communications programs; planning, monitoring, appraising, and reviewing job contributions; and planning and reviewing compensation strategies.

• Partner with Business Development and Program Management to propose, structure and negotiate to minimize milestone/progress payment schedules with vendors to improve cash flow and reduce reliance on third party funding sources.

• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for investors, management team, and the others.

• Hire and manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities.

• Lead the preparation for external financial audits, corporate tax filings and federal DCAA system compliance audits.

Other Duties:

• This job description is not intended to be all-inclusive. Successful candidate may perform other related duties as negotiated to meet the ongoing needs of the organization.

• Financial planning and strategic planning

• Leadership and coaching skills

• Decision making and problem solving skill

• Expert in Pentagon accounting software, and spreadsheets

• Excellent knowledge of data analysis, risk management, and forecasting

• Strong ethical standards and high levels of integrity

• Capital sourcing track record

Education Qualifications:

Bachelor’s degree in business administration.
Or a minimum of 10 years in related field/function
Engineering, operations or MBA preferred.

Experience:

• MBA or bachelor’s degree in business, finance, accounting, or equivalent experience.

• Certified Public Accountant preferred

• Min of 10 years’ experience in accounting and financial management practices preferably within the defense contracting and/or heavy industrial sectors with long lead times.

• Solid GAAP and financial reporting skills

• US citizenship is required due to federal contracting requirements. No active security clearance is required currently but the candidate must be clearable.

Culture:

· High-energy and fast-paced environment

· Metrics and goal-driven

· Positive Attitude is a must!

· Competitive salary.

· Comprehensive health, HSA, FSA, dental, and vision insurance.

· 401k Plan.

· FMLA

· Life Insurance

· Education Reimbursement

· Retirement savings plan. ROTH

· Employee assistant program.

· Eight paid Holidays.

· Paid time off, Including summer and winter company shutdowns

· Professional development and training opportunities.

· Employee assistance program.

Physical Requirements:

The employee typically works in an office environment and uses a computer, telephone and other office equipment as needed to perform duties. The noise level in the work environment is typical of that of an office. The employee may encounter frequent interruptions throughout the workday. The employee is regularly required to sit, talk, or hear; frequently required to use repetitive hand motion, handle, or feel, and to stand, walk, reach.

Travel: May require up to 50% Travel

Job Type: Full Time. Remote, Hybrid, or On-Site Exempt Status