Chief Financial Officer (CFO) Job in Anchorage 99508, Alaska US
As a key member of the Executive Management team, the Chief Financial Officer will hold a strategic role in the overall management of and development of the company. The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, forecasting, budgeting, strategic financial planning, job costing, legal, property management, deal analysis and negotiations, investor relationships and partnership compliance and private and institutional financing. The CFO will be an advisor to the subsidiary or divisional presidents, evaluating and assisting them with their financial plans and economic modeling. The CFO will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the board of directors and the finance, audit, and investment committees of the Board of Directors. As a member of the senior management team, this position is held to the highest ethical standards and has the shared legal responsibility of protecting the assets of the corporation. ESSENTIAL DUTIES RESPONSIBILITIES:
Finance and Accounting Management:
- Oversees all accounts, ledgers, and reporting systems, ensuring compliance with appropriate Generally Accepted Accounting Principles, regulatory requirements, and Office of Management and Budget and Defense Contracting Audit Agency audit requirements.
- Oversees Accounts Payable, Accounts Receivable, Job Cost Accounting, and General Ledger Accounting; ensures a disaster recovery plan is in place. Maintains internal control safeguards and coordinates or oversees audit activities.
- Develops, implements, and maintains accurate, timely and robust systems for financial planning, budgeting, forecasting, reporting and control. Ensure system output is well-structured, reliable and easily understood.
- Oversees the coordination and the proper filing of tax returns.
- Actively monitors financial risks and ensures that risk mitigation strategies are in place.
- Oversees the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
- Oversees the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with federal regulations.
- Oversees all purchasing and payroll activity for staff and participants.
- Investigates cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
- Oversees the production of monthly reports including reconciliations and retirement plan requirements, as well as financial statements and cash flow projections for use by Executive management, the Audit/Finance Committee and Board of Directors.
- Attends Board and Subcommittee meetings (BSNC and subsidiary).
- Assists in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
- Oversees business insurance plans and assists with health care coverage analysis.
- Serves as one of the trustees and oversee administration and financial reporting of the organization's 401(k) Retirement Plans.
- Manages processes for financial forecasting, budgets and consolidation and reporting to the Company.
- Manages cash flow and forecasting. Develops a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
- Optimizes the handling of banking relationships and initiates appropriate strategies to enhance cash positions.
- Oversees budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.
- Monitors banking activities of the organization.
- Ensures adequate cash flow to meet the organization's needs.
- Provides the CEO with an operating budget. Work with the CEO to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate personnel, and 3) monitoring compliance.
- Provides recommendations to strategically enhance financial performance and business opportunities.
Operations Management:
- As a member of the senior leadership team, leads in performing all tasks necessary to achieve the company’s mission and strategic objectives, both short and long-term, and helps execute staff succession and growth plans.
- Works with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
- Participates in developing new business, specifically: assists the CEO, COO, or other senior staff in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
- Interprets operating results and makes recommendations for improved profitability, return on investment, working capital and other financial indicators.
- Provides periodic reports, communications, and presentations to the Board of Directors.
- Assesses the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
- Establishes and maintains strong relationships with senior executives so as to identify their needs and seek full range of business solutions.
- Provides executive management with advice on the financial implications of business activities.
MANDATORY JOB REQUIREMENTS AND QUALIFICATIONS:
To perform the job successfully, an incumbent should meet or exceed the following requirements:
- Bachelor Degree in Business, Management, Accounting, or Finance from an accredited college or university.
- Must have 10-15 years of applicable experience, which demonstrates successful experience managing the finance function (accounting, budgeting, control, and reporting) within a diverse, multi-division-based entity in the medium to large organizational size category; experience at medium to senior levels and a demonstrated track record of increasing levels of responsibility and making actionable recommendations to senior leadership .
- Must have 10 years designated professional experience and knowledge of common business laws and regulations.
- Must have developed peer relationships within the financial industry and have established relationships with selected industry clients.
- Proven ability in providing strategic vision and positive leadership to drive business growth in a financial services company.
- Sound administrative skills, well-developed management skills—principles and people.
- Strong analytical and reasoning abilities.
- Must have the ability to work cooperatively and collaboratively with senior staff.
- Must have the ability to equilibrate priorities and organize work effectively to meet deadlines.
- Experience in a diversity of industries, preferably with emphasis in government contracting operations.
- Superior leadership skills, having the ability to motivate, develop and direct people as they work, identifying the best people for the job.
- Demonstrable passion for and knowledge of an Alaska Native Corporation; a hands-on manager with integrity and a desire to work in a dynamic environment.
- Mature and proactive, with evidence of having worked as a true business partner to the CEO of a multi-divisional organization doing business in multiple states and abroad.
- Deep understanding of and experience with government contracting, including FARS, Service Contract Act, and Davis Bacon Act.
- Past experience successfully partnering with and leading internal staff to manage critical financial management systems.
- A collaborative and flexible style, with a strong service mentality.
- Creativity, with experience funding activities in ways that both cover costs and generate operating margins.
Competencies:
- Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data and draw conclusions; Ability to calculate figures and amounts, such as discounts, interest, commissions, proportions, percentages, area, circumference and volume.
- Demonstrates attention to detail and accuracy of work.
- Gathers and analyzes information skillfully and identifies and resolves problems in a timely manner, works with groups or teams to implement the identified solution.
- Develops plans and completes assigned projects on time.
- Assesses own strengths and weaknesses, pursues training and development opportunities to build strengths and compensate for weaknesses and successfully coaches subordinates to improve team performance.
- Manages difficult or emotional customer situation; Responds promptly to customer needs; responds to requests for service and assistance; meets commitments; Treats all with courtesy and respect.
- Listens to others without interrupting and remains open to others’ ideas and gets clarification when necessary; speaks clearly and effectively without use of inappropriate or unprofessional language.
- Readily accepts new challenges and seeks opportunities and works independently, with minimal supervision.
- Serves as team leader and motivator, balances team and individual responsibilities and contributes to building a positive team atmosphere.
- Proficiency with software, to include: word processing, data entry, accounting, spreadsheets, and databases.
PREFERED QUALIFICATIONS:
- Masters Degree in Business Management, Administration, or Finance.
- Mergers and acquisitions experience.
- Knowledge, understanding and sensitivity to the Inupiat and Yup’ik culture.
- Certified Public Accountant (CPA)
WORKING ENVIRONMENT/PHYSICAL ACTIVITIES:
The work environment is a modern and quiet office setting, where employee should be familiar with common office equipment such as postage equipment, printers, copiers, and fax machines. Work is mostly performed from a sedentary posture. The employee is regularly required to hear, talk, sit and use hands and fingers to operate a keyboard and phone. The employee may be occasionally required to reach with hands and arms and lift, handle, or move objects weighing up to 40 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and the ability to adjust vision. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Some modest to frequent local and distant travel via automobile or airplane may be required to support organizational functions or objectives.
Bering Straits Native Corporation is an Equal Opportunity Employer. Preference will be given to BSNC Shareholders and Alaska Natives in accordance with Title 43 US Code 162(g) and Title 42 US Code 20003-(i). Drug free workplace.
We participate in the E-Verify Employment Verification Program.
Division/Department : Bering Straits Native Corporation (BSNC)