Chief Operating Officer leads the planning and development of an organization's operational objectives and initiatives. Develops strategies and oversees the execution of plans to attain short- and long-term financial and mission-critical operational goals. Being a Chief Operating Officer directs the development of the organization's functional capacity that will produce sustainable growth and minimize risk. Develops operating budgets. Additionally, Chief Operating Officer establishes effective operational policies and procedures. Typically requires a master's degree. Typically reports to Chief Executive Officer (CEO). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)
Position Title: Chief Financial Officer (CFO)
Location: Findlay, OH
Our Story
Reineke Family Dealerships is a dynamic and growing automotive, RV, and powersports dealership group with multiple stores across Ohio and Michigan. With a 64-year history that dates back to a single car dealership in Fostoria, Ohio, our family-owned business has grown substantially and is a market leader in the communities where we operate. We are currently seeking a seasoned and strategic Chief Financial Officer to join our executive leadership team and help us drive future growth and financial excellence across our business enterprise.
RESPONSIBILITIES
Financial Strategy and Planning:
Develop and implement comprehensive financial strategies aligned with the dealership group's business objectives.
Provide financial insights and recommendations to support decision-making processes at both strategic and operational levels.
Oversee budgeting, forecasting, and financial modeling to ensure accurate financial projections.
Lead the financial due diligence process in evaluating potential acquisitions, confirming historical performance and projecting future value creation.
Financial Reporting and Analysis:
Prepare and present monthly, quarterly, and annual financial reports to the executive team and stakeholders that are timely, accurate, and drive well-informed decision making.
Oversee the month-end closing process, ensuring completeness of the close cycle, accuracy of entries made, and reconciliation of balance sheet accounts.
Conduct in-depth financial analyses, identifying trends, opportunities, and potential risks to the business.
Ensure compliance with accounting standards, tax regulations, and all internal policies.
Help the enterprise grow by identifying opportunities to improve its accounting policies and practices.
Treasury and Cash Management:
Manage the company’s liquidity and cash flow to optimize working capital.
Oversee banking relationships, debt obligations, and financial instruments.
Implement effective cash management strategies to support day-to-day operations and growth initiatives.
Monitor and forecast cash flow to drive accurate projections of future sources and uses of cash.
Risk Management:
Assess financial risks to the business and implement strategies to mitigate potential exposure.
Collaborate with relevant departments to establish and maintain strong internal controls and make recommendations for enhancements to internal controls to strengthen them and reduce risk.
Stay abreast of industry trends and regulatory changes to proactively address emerging risks.
Oversee the company’s insurance programs and consistently work with service providers to identify opportunities for the company to optimize the cost of insurance and the mitigation of risk.
Team Leadership and Development:
Lead and mentor the accounting, back office, and human resources teams, fostering a strong culture of collaboration, accountability, and continuous improvement consistent with our company values.
Recruit, train, and retain top-tier professionals to support the dealership group's financial objectives.
Ensure bench strength across the organization, developing high potential employees for future roles.
Stakeholder Communication:
Liaise with external auditors, legal advisors, and financial institutions in a way that strengthens their confidence and trust in the Reineke Family Dealerships business enterprise.
Communicate financial performance and key metrics to the Board of Directors, executive leadership team, and other stakeholders.
QUALIFICATIONS
Bachelor's degree in Finance, Accounting, or related field; MBA and / or CPA strongly preferred.
Proven experience as a CFO or in a senior financial leadership role automotive industry experience is desirable, but willing to talk to candidates from outside the industry with a proven capacity to learn.
In-depth knowledge of automotive dealership financial operations is a plus.
Strong analytical, strategic planning, and problem-solving skills.
Ability to think strategically while also capable of diving into details to ensure accuracy and interpret data.
Outstanding communication and interpersonal abilities.
Familiarity with automotive dealership management systems and ERP software is a plus.
Ability to contribute to the positive atmosphere of a fast-growing, family-owned business.
Reineke Family Dealerships has a strong benefits package which includes 401k match, Paid Time Off, Health Insurance, Work-life balance flexibility and more.
If you are a proven, strategic financial leader with a passion for the automotive industry, we invite you to join our team and contribute to the continued success of Reineke Family Dealerships. Apply now to be a key driver of our financial excellence and growth.
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