Note this is AI generated, may not be detailed to The EMC Shop's needs and requirements
As a CFO/Controller/Accounting Manager for The EMC Shop, it's important to blend the strategic oversight of a Chief Financial Officer (CFO) with the hands-on, operational responsibilities of a Financial Controller and Accounting Manager. Given the company's size (less than 25 employees) and specialization in high-value electronic equipment sales and rentals, this role is a hybrid position that requires versatility.
This individual will manage all financial operations, from day-to-day accounting to strategic forecasting and inventory accounting for both sales and rental equipment.
Job summary
The CFO/Controller/Accounting Manager at The EMC Shop is a senior finance professional responsible for the company's overall financial health and operational accounting. This leader will manage all aspects of financial strategy, reporting, and controls, with a particular emphasis on optimizing financial performance within a high-value, fast-paced electronics sales and rental environment. The role requires a hands-on approach to accounting and a strategic mindset for forecasting and growth planning.
Key responsibilities
Strategic Financial Management
- Financial planning and analysis: Develop and execute financial strategies that support the company's long-term growth and profitability goals.
- Budgeting and forecasting: Manage the annual budgeting process and provide accurate financial forecasts to guide decision-making.
- Performance reporting: Prepare and analyze financial reports, including key performance indicators (KPIs) related to rental and sales revenue, inventory turnover, and profitability.
- Strategic advisory: Partner with the CEO and leadership to evaluate business opportunities, assess risk, and inform decisions related to expansion, technology investment, and major asset acquisition.
Operational Accounting and Compliance
- Oversee accounting operations: Manage all daily accounting activities, including the general ledger, accounts payable, accounts receivable, and payroll.
- High-value inventory accounting: Implement and maintain robust inventory accounting procedures for high-value electronic equipment, including managing cost of goods sold (COGS) for sales and asset depreciation for the rental fleet.
- Month-end and year-end close: Drive the timely and accurate completion of month-end and year-end close processes.
- Auditing and compliance: Act as the primary liaison for external audits and ensure compliance with all relevant accounting standards (GAAP) and regulatory requirements, including tax preparation.
- Tax management: Oversee tax planning and ensure timely filing of all required tax returns.
Cash Flow and Risk Management
- Cash flow optimization: Actively manage and forecast cash flow to ensure sufficient liquidity for operations, debt management, and growth initiatives.
- Equipment financing: Manage creative financing options for inventory, including leasing and financing partnerships.
- Risk mitigation: Identify, assess, and manage financial and operational risks, including potential supply chain disruptions and inventory shrinkage.
- System implementation: Evaluate and manage the implementation of financial technology (fintech) and enterprise resource planning (ERP) systems to improve efficiency and data accuracy.
Qualifications
- Education: Bachelor's degree in accounting, finance, or a related field. CPA certification is preferred.
- Experience: Proven experience (5+ years) in a financial management role (Controller, Accounting Manager, or senior-level accountant), preferably within an electronics distribution or equipment rental business.
- Inventory expertise: In-depth knowledge of inventory accounting principles, including tracking high-value, serialized items and managing assets for rental purposes.
- Technical skills: Proficiency with modern accounting software (e.g., QuickBooks, NetSuite) and experience with ERP systems and inventory management tools.
- Analytical skills: Strong analytical and problem-solving skills, with the ability to interpret complex financial data and translate it into strategic insights.
- Leadership and communication: Excellent communication and interpersonal skills, with the ability to collaborate across departments and present financial information clearly to senior management.
- Strategic thinking: Ability to think strategically and operate with a strong business acumen, moving beyond day-to-day accounting to influence company strategy.