Director of Finance And Accounting

Job Title: Director of Finance - Service IndustryReports To: Chief Operating Officer (COO)Department: FinanceAccountingJob SummaryThe Director of Finance is responsible for overseeing all financial operations, planning, and analysis to support the company's strategic goals in the service industry. This role ensures financial stability, compliance, and efficiency while optimizing profitability and financial performance. The Director of Finance collaborates with executive leadership to drive business decisions through data-driven financial insights.Key ResponsibilitiesFinancial Strategy & PlanningDevelop and implement financial strategies aligned with business goals.Provide financial forecasting, budgeting, and analysis to drive decision-making.Identify opportunities to improve profitability and cost efficiency.Financial Reporting & ComplianceOversee the preparation of accurate and timely financial statements.Ensure compliance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.Manage audits and tax filings, working with external auditors and tax professionals.Operational Finance & Performance ManagementAnalyze key performance indicators (KPIs) and financial metrics to improve business performance.Develop pricing models and financial projections for new services or market expansion.Monitor cash flow, working capital, and financial risk management.Budgeting & Cost ControlLead the annual budgeting process and monitor budget performance.Implement cost-control initiatives to optimize operational expenses.Provide variance analysis and financial recommendations to senior management.Leadership & Team ManagementManage and mentor the finance and accounting team.Foster a culture of accountability, collaboration, and continuous improvement.Ensure training and development for finance team members.Financial Systems & Process ImprovementImplement and improve financial systems, tools, and internal controls.Drive process automation and technology enhancements to increase efficiency.Collaborate with IT and operations teams to integrate financial systems with business processes.Strategic Partnerships & Business SupportWork closely with department heads to align financial planning with business objectives.Provide insights and recommendations for business growth and investment opportunities.Support M&A activities, due diligence, and financial modeling for potential acquisitions.QualificationsEducation:Bachelor's degree in Finance, Accounting, or a related field.MBA or CPA preferred.Experience:8+ years of progressive finance experience, with at least 3-5 years in a leadership role within the service industry.Strong background in financial planning, budgeting, and performance analysis.Experience with service-based revenue models, contract pricing, and client profitability analysis.Skills:Advanced knowledge of financial reporting, GAAP, and compliance regulations.Proficiency in financial software, ERP systems, and Microsoft Excel.Strong analytical and problem-solving skills.Excellent leadership, communication, and strategic thinking abilities.Key CompetenciesAbility to adapt to a fast-paced, service-oriented environment.Strong business acumen with a focus on financial optimization.Collaborative mindset with a results-driven approach.High level of integrity and attention to detail.

Created: 2025-02-21