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Arc Thrift Stores
Chief Financial OfficerArc Thrift Stores • Denver, CO, United States
Chief Financial Officer

Chief Financial Officer

Arc Thrift Stores • Denver, CO, United States
1 day ago
Salary
$185,000.00–$210,000.00 yearly
Job type
  • Full-time
Job description

Chief Financial Officer

Accounting - Lakewood, CO 80228

Overview

Salary Range $185,000.00 - $210,000.00 Salary/year Position Type Full Time Job Shift Day

Summary

Overall responsibility for corporate financials for all operating business sites and divisions, from monthly reporting through to the planning process; Oversees the operations of the Accounting Department; Manages and coordinates the activities of several exempt and non-exempt department employees; Responsible for implementing and developing control policies both from an accounting and also an external contract perspective; Plays a key role within the management team; Ability to build relationships with both Directors and Operational Executives at all levels; Performs ongoing analysis surrounding multi-site businesses and divisions for profitability; Ensures accounting systems are operational and troubleshoots problems to obtain optimum efficiency, economy of operations, and maximization of profits. This position reports to the President/CEO.

Essential Duties and Responsibilities

  • Reports financial activities of the Company to the President/CEO continuously to determine performance and progress of financial goals.
  • Prepares monthly and quarterly financial statements.
  • Prepares projections for current year and future years to assist senior management team in making short-term and long-term decisions.
  • Understands and considers the level of fiduciary responsibility involved when making decisions for the organization.
  • Supports the corporate culture by promoting a management style of open communication, accountability and consistent treatment of all employees.
  • Manages staff to support the culture of the Company and compliance with all Federal and State laws.
  • Develops staff through effective employment methods including, but not limited to hiring, promoting, evaluating, training and mentoring processes.
  • Coordinates with the President/CEO regarding investment reporting and tracking strategies for surplus working capital.
  • Prepares annual budget for the Company.
  • Prepares bank reconciliation.
  • Responsible for proper, complete and timely filing of all appropriate reports, including, but not limited to IRS, Dept of Labor/ERISA and other federal, state and local jurisdictions.
  • Reconciles general ledger accounts on a monthly basis.
  • Maintains all accounting systems and records.
  • Performs monthly ratio analysis, including labor to revenue and receivables turnover.
  • Prepares monthly cash flow statements in accordance with generally accepted accounting principles (GAAP).
  • Leads and coordinates accounting staff to ensure accuracy and timeliness in reporting, including, but not limited to, billing, check runs, collection efforts, payroll and management reports.
  • Supports and promotes the corporation by developing and maintaining relationships with managers, employees, vendors, bankers and other business firms in the community on an ongoing basis.
  • Maintains confidentiality and requires confidentiality of all staff.
  • Performs special projects and/or tasks designated and agreed upon by the President and CEO.

Supervisory Responsibilities

Responsible for supervising and managing Accounting Department personnel.

Education and/or Experience Required

  • Bachelor Degree in Accounting required; Masters' Degree preferred.
  • CPA desirable.
  • 8 -10 years experience of combined public and private industry accounting experience, including a minimum of three years of prior controllership experience in a professional service environment.
  • Three years accounting experience in a non-profit organization highly desirable.
  • Previous experience in a multi-site business, or a shared service center.
  • Heavy technical understanding of accounting principles and bookkeeping.
  • Exceptional analytical skills.
  • Strong background in automated accounting systems
  • Software efficiency in MS Word and EXCEL spreadsheets.
  • 5-7 years experience managing staff of 4-6 employees comprised of exempt and non-exempt levels.
  • Exceptional leadership and interpersonal skills.
  • Possess capabilities to successfully assist the President/CEO to grow the company annually in size and revenue.
  • Ability to develop financial presentations and business case analysis for review by the Board of Directors.
  • Ability to speak effectively before employees, customers, Board of Directors, and the general public at-large.
  • Sets a good example through professional attitude and conduct.
  • Strong business reasoning and business decision-making skills.
  • Superior understanding of financial statements.
  • Knowledgeable in strategizing financial options.
  • Exceptional written and verbal communication skills.
  • Must possess a strong interest in this type of business.
  • Ability to thrive in a fast-paced environment where challenging deadlines and constant change is the norm.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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Chief Financial Officer • Denver, CO, United States

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