CFO - Restaurant Franchise Operations

Overview:Friendly Franchisees Corporation (FFC) is a privately owned business dedicated to operational excellence, exceptional customer service, and innovation in the competitive restaurant and real estate industries. We foster a fast-paced, results-driven environment and are looking for a dynamic leader to join our executive team.We are seeking a highly skilled and strategic Chief Financial Officer (CFO) to oversee all financial aspects of the company, including strategy, planning, analysis, financing/refinancing, and managing bank relationships, with a primary focus on the restaurant business. This role demands a strategic leader with a proven track record in financing acquisitions through loan broker relationships, extensive experience in the restaurant franchise industry, and expertise in lending and compliance. The CFO will ensure financial accuracy, transparent reporting, and provide critical support to the CEO in driving the company's strategic direction.This position offers significant opportunities for professional growth, exposure, and compensation and reports directly to the CEO.Key ResponsibilitiesStrategic Financial ManagementDevelop and implement comprehensive financial strategies that align with the company's long-term goals.Lead financial planning, budgeting, and forecasting processes to ensure organizational growth and profitability.Restaurant Franchise OperationsOversee financial operations for 60+ restaurant franchise locations, ensuring optimal cost control and profitability.Analyze multi-location financial performance and implement strategies to improve operational efficiency and margins.Manage Financing and Refinancing ActivitiesOversee all aspects of financing and refinancing, including securing real estate loans.Maintain strong relationships with brokers and financial institutions and effectively navigate complex deal structure.Financing and Relationship ManagementOversee financing and refinancing efforts, including securing funding for acquisitions and expansions.Build and maintain strong relationships with financial institutions, loan brokers, and industry partners.Leadership and ComplianceProvide strategic direction to the finance team, mentoring and developing a high-performing team.Ensure compliance with all local, state, and federal financial regulations, including GAAP and IFRS standards.Collaborate with senior leadership to support strategic acquisitions, integrating new locations seamlessly into the financial framework.Qualifications and RequirementsEducationBachelor's degree in Finance, Accounting, Business Administration, or a related field.MBA or CPA preferred.Experience10+ years of progressive financial leadership experience, with at least 5 years in a senior financial management role. Proven experience managing financial operations for 100+ restaurant franchise locations, including oversight of cost control, profitability, and performance optimization. Extensive knowledge of the restaurant franchise industry, including financial reporting, P&L management, and operational challenges.Technical ExpertiseAdvanced proficiency in Excel, including Macros and Financial Modeling.Experience with financial software systems relevant to restaurant operations, such as Yardi, GP, QuickBooks, or restaurant-specific POS systems.Strong analytical skills with the ability to interpret complex data and provide actionable insights.Leadership SkillsExceptional communication and interpersonal skills, with the ability to influence and collaborate with cross-functional teams.Proven ability to mentor and develop a high-performing finance team.Strong strategic thinking and planning abilities to align financial strategies with business objectives.Personal TraitsResults-driven with a strong work ethic and entrepreneurial mindset.Adaptable and thrives in a fast-paced, dynamic environment.High emotional intelligence, with the ability to navigate complex situations with professionalism and tact.Results-driven with an extreme sense of ownership, and business savvy with an entrepreneurial mindset.Excellent communication skills and the ability to influence key business partners and colleagues.IT Knowledge requirement: Basic knowledge of IT is required.Travel: Willingness to travel domestically and internationally as required to support business needs.Flexibility: Must have a flexible work schedule and be willing to work extended hours/weekends as per business requirements.Leadership: Proven leadership experience with the ability to mentor and develop a high-performing finance team.Strategic ThinkingStrong strategic thinking and planning abilities to align financial strategies with business objectives.Compensation and BenefitsSalary: $300,000 - $400,000 per year, based on experience.Medical InsurancePaid Time OffEqual Employment Opportunity (EEO) StatementFriendly Franchisees Corporation (FFC) is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.How to ApplyIf you are a results-driven leader with extensive restaurant franchise financial experience, we encourage you to apply! Please share your resume with us at saadia.sophie@

Created: 2025-01-25