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Chief Financial Officer
Chief Financial OfficerJohnstone Supply, The Balsan Group • Greater Philadelphia, PA, US
Chief Financial Officer

Chief Financial Officer

Johnstone Supply, The Balsan Group • Greater Philadelphia, PA, US
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About Johnstone Supply :

  • Johnstone Supply is a leading HVAC-R distributor dedicated to growth, operational excellence, and providing top-tier service to our customers.

We are seeking a strategic and experienced Chief Financial Officer (CFO) to lead our financial operations, provide insight and guidance to senior management, and drive sustainable growth across the organization.   Position Overview :

  • As CFO, you will oversee all financial activities and strategies of the company.
  • You will play a pivotal role in shaping the company’s financial direction, ensuring sound financial management, and supporting strategic decision-making.

    • This role includes supervisory responsibilities over the finance and accounting teams, treasury, and other relevant areas.   Key Responsibilities :

  • Financial Strategy & Planning Develop and execute the company’s financial strategy in alignment with overall business goals.
  • Provide insights and recommendations to support strategic decision-making by the CEO and senior leadership.
  • Lead annual budgeting and forecasting processes, including financial modeling and scenario planning.
  • Financial Reporting & Analysis Ensure accurate and timely preparation of financial statements and reports for stakeholders, including the Board of Directors, investors, and regulators.
  • Monitor financial performance, identify trends, risks, and opportunities, and provide actionable recommendations.
  • Implement and maintain robust financial controls, policies, and procedures.
  • Cash Flow & Capital Management Manage cash flow, liquidity, and working capital to support operations.
  • Evaluate and recommend capital structure, financing options, and investment opportunities.
  • Maintain relationships with financial institutions and investors to secure funding and optimize financial resources.
  • Operational Leadership Optimize financial operations to improve efficiency and reduce costs.
  • Collaborate with other departments to align financial strategies with business goals.
  • Drive process improvements, including procurement, payroll, and accounts management.
  • Oversee implementation of financial systems and technology upgrades.
  • Risk Management & Compliance Identify, assess, and mitigate financial risks.
  • Ensure compliance with financial and regulatory requirements, including tax laws and accounting standards.
  • Stay informed of industry trends and regulatory changes impacting financial operations.
  • Mergers & Acquisitions (M&A) and Strategic Partnerships Lead financial due diligence, valuation, and modeling for M&A activities and partnerships.
  • Provide guidance during negotiations, structuring, and integration of acquisitions or partnerships.
  • Team Leadership & Development Build and lead a high-performing finance team, fostering accountability, financial discipline, and professional growth.

    • Promote financial literacy and awareness across the organization.   Qualifications :

  • Required : Bachelor’s degree in Finance, Accounting, Economics, or related field.
  • Extensive experience in financial management, with proven success as a CFO or senior finance executive.
  • Strong understanding of financial principles, accounting practices, and financial regulations.
  • Excellent analytical and strategic thinking skills.
  • Proficiency in financial modeling, forecasting, and reporting.
  • Effective leadership, communication, and interpersonal skills.
  • Experience in M&A transactions and strategic partnerships.
  • Demonstrated ability to develop and implement business plans and financial goals.
  • Knowledge of accounting and reporting practices.
  • Ability to manage teams and coworker interactions with tact and diplomacy.

    • Self-motivated, persistent, and results-driven.   Preferred :

  • Master’s degree in Finance, Accounting, or related field.
  • Professional certification such as CPA or CFA.
  • Knowledge of the HVAC industry.
  • Innovation management and strategic mindset.
  • Proficiency in Microsoft Office and CRM software.
  • Strong risk assessment and business intelligence skills.

    • Work Environment & Physical Requirements :

  • Primarily office-based with extended periods of sitting at a desk and computer use.
  • Occasional lifting of items up to 20 lbs and walking within office spaces.
  • Requires good vision for computer work and adequate hearing for phone / video calls.   Johnstone Supply is an equal opportunity employer.
  • We value innovation, accountability, and collaboration and seek a CFO who shares our commitment to excellence and growth.
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