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Chief Financial Officer
Chief Financial OfficerFitness & Wellness Professional Services • Old Bridge, NJ, United States
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Chief Financial Officer

Chief Financial Officer

Fitness & Wellness Professional Services • Old Bridge, NJ, United States
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  • [job_card.full_time]
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Location : This position is full time at location of corporate office

FLSA Status : Exempt

Prepared Date : November 20, 2025

Summary

The Chief Financial Officer (CFO) is responsible for the overall direction of all financial operations across our nine companies, including financial strategy, planning, budgeting, accounting, analysis, capital structure, financial reporting and compliance. The CFO also oversees the organization’s payroll, accounts payable, budgeting, and internal controls. The ideal candidate is both a high‑level strategist and a practical operator who can develop systems across multiple entities, enhance reporting, and contribute to overall business performance.

This is a unique opportunity to lead finance operations for a multi‑entity organization and optimize an entire finance function.

Essential Duties and Responsibilities

  • Partner with the CEO and executive team to drive organizational growth, profitability, and operational excellence.
  • Provide strategic guidance on mergers, acquisitions, divestitures, and new business opportunities.
  • Align financial goals with broader business objectives and ensure consistent communication across companies.
  • Preparation of monthly financial statements for nine fitness centers and related service companies
  • Oversee timely and accurate processing of employee payrolls and vendor payments
  • Monthly reconciliations of balance sheet accounts and membership statistics
  • Coordination of year end audit work with the independent accountants
  • Preparation of annual operating and capital budgets
  • Implementing and maintaining a fixed asset inventory system
  • Monitoring and compliance with all financial covenants and regulatory requirements
  • Safeguard assets and assure accurate and timely recording of all transactions by implementing internal controls and checks across all departments

Management Responsibilities

  • Prepare consolidated financial reporting, including P&L, balance sheets, cash flow statements, and company-level analysis.
  • Implement and maintain robust financial controls , ensuring accuracy, transparency, and compliance.
  • Ensure optimal financial reporting cadence, quality, and predictability across all nine companies.
  • Lead budgeting, forecasting, and long‑term modeling processes.

    • Operations & Systems Integration

  • Standardize accounting practices and financial processes across entities.
  • Streamline multi‑company financial systems, increasing efficiency and reducing redundancy.
  • Oversee cash management and working capital optimization.
  • Ensure compliance with GAAP, tax regulations, audits, and internal policies.
  • Identify and mitigate financial risks, strengthening governance across the enterprise.
  • Liaise with external auditors, financial institutions, hospital partners, and regulatory bodies.

    • Leadership & Team Development

  • Lead, mentor, and develop a high‑performing financial team.
  • Supervise and oversee the finance department, including the supervision of the Payroll & Accounts Payable Supervisor and the HR Manager.
  • Foster a culture of accountability, continuous improvement, and collaboration.
  • Serve as a trusted advisor to the Partners, supporting strong operational decision‑making.
  • Work collaboratively with the regional directors, general managers and other management team members.

    • Competencies

  • Visionary Leadership - Displays passion and optimism; Mobilizes others to fulfill the vision; Provides vision and inspiration to peers and subordinates.
  • Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Identifies external threats and opportunities; Adapts strategy to changing conditions.
  • Communications - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification. Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively. Able to read and interpret written information.
  • Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Accepts responsibility for own actions; Works well with difficult or emotional customers and situations.

    • Qualifications

    Required

  • Bachelor’s degree in Finance, Accounting, Business Administration, or related field.
  • 10+ years of progressive financial leadership, including experience overseeing multi-entity or multi-division operations.
  • Strong background in financial planning & analysis (FP&A), budgeting, forecasting, and reporting.
  • Demonstrated ability to lead teams, drive change, and optimize finance functions.
  • Expertise in QuickBooks and data analytics tools.
  • Exceptional communication skills and executive presence.

    • Preferred

  • MBA or Master’s in Finance / Accounting.
  • CPA or CMA certification.
  • Experience in fitness / service industry and working knowledge of membership management systems.
  • Prior involvement in M&A, private equity environments, or high‑growth organizational structures.

    • What we Offer

  • Competitive executive compensation package base salary $180k–$225k, including bonus opportunities.
  • A collaborative leadership team and strong company culture.
  • Opportunity to shape the financial future of a multi‑company organization.
  • A role with significant influence, autonomy, and growth potential.

    • How to Apply

    Interested candidates should submit a resume and cover letter detailing relevant experience and leadership philosophy to : HR Director Jeff Palao : Jeffp@fitnessandwellness.org

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    Chief Financial Officer • Old Bridge, NJ, United States

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