Compass Group
Job Location :
New York,NY, USA
Posted on :
2025-02-17T08:05:38Z
Job Description :
Position Title: Chief Financial Officer Pay 21 Reports To: Chief Executive Officer Salary: $275,000 - $300,000 Other Forms of Compensation: Bonus Plan Become part of Restaurant Associates, the industrys leading provider of dining and event catering for some of the nation's most prestigious museums, performing arts centers and corporations! Voted Glassdoor's Employee Choice Awards - Best Places to Work in 2021, This is R/A! Job Summary Restaurant Associates heritage is steeped in culinary and hospitality excellence. In all that we do, people matter. We value our guests, our communities, and most importantly, our own. At R/A, food is inspiration. With an unwavering dedication to evolution and innovation, we continue to set new standards in the industry, shaping memorable experiences through every dish and interaction we deliver. R/A is seeking a dynamic and strategic Chief Financial Officer (CFO) to drive financial excellence, operational efficiency, and sustainable growth for a $1.7B contract food service business in North America with multiple divisions nationally. This role is based in New York City with the flexibility to spend time in the Rye Brook, NY, office as well. The position reports to the CEO of Restaurant Associates, with a dotted line to the CFO of R/As parent company, Compass Group North America, Business & Industry Division. As a key member of the Executive Leadership Team, the CFO will provide financial stewardship, oversee corporate governance, and collaborate on innovation initiatives to enhance the companys long-term value. This role offers a unique opportunity to shape the financial strategy of one of the nations fastest-growing organizations. The ideal candidate is a visionary leader with deep financial expertise, a passion for business transformation, and the ability to navigate complex financial landscapes with confidence and integrity. At R/A, we foster an inclusive and high-performing culture where innovation, collaboration, and integrity drive our success. We are looking for a forward-thinking CFO who is eager to make an impact and lead the financial strategy of a company that is redefining industry standards. If you are a strategic financial leader ready to take on a transformative role, we invite you to apply and be part of our journey. Key Responsibilities Strategic Leadership: Serve as a trusted advisor to the CEO and Executive Team, playing a critical role in shaping R/As long-term financial strategy, growth trajectory, and operational excellence. Financial Oversight: Lead a team of 75 finance professionals in driving financial performance, optimizing capital structure, and ensuring fiscal responsibility across R/As diverse business divisions. Business Development & Contract Negotiation: Evaluate new business opportunities, manage key client negotiations, and oversee financial structuring of major deals to support expansion and profitability. Corporate Governance & Compliance: Ensure strong financial controls, risk management, and compliance with regulatory requirements, maintaining the highest standards of transparency and integrity. Mergers & Acquisitions: Oversee acquisition analysis, due diligence, and seamless integration of new business units, ensuring alignment with R/As strategic objectives. Innovation & Efficiency Initiatives: Partner with the Executive Team to implement financial and operational efficiencies, including technology enhancements, process improvements, and loss prevention strategies. Financial Reporting: Continually improves internal financial reporting and drives business process review to increase efficiency, aiming to add value that influences without authority. Parent Company Relations: Serve as the primary liaison with Compass Group leadership on financial reporting, budgeting, and corporate initiatives, fostering alignment and strategic collaboration. Cross-Functional Collaboration: Work closely with key stakeholders to drive financial discipline, optimize working capital, and maintain strong profit margins while supporting revenue growth. Ownership and Teamwork: Proactively use the right influencing techniques to gain dedication and support from other partners, both internally and externally while maintaining a positive demeanor. Build friendly relationships with colleagues, share knowledge and insight, and demonstrate dedication to the organization. Can work independently and collaboratively in a team. Communication Skills: Excellent written and verbal communication skills, listen to others and value their contributions, receptive to new ideas and building on them. Qualifications and Experience 10+ years of senior financial leadership experience in a large, multi-site organization (preferably with revenue exceeding $1 billion). Bachelors degree required (MBA preferred). CPA or equivalent accounting certification required. Industry expertise in food service, hospitality, or a related sector is highly desirable. Public accounting background is a plus. Proven track record in business development, contract negotiation, and financial strategy execution. Strong analytical, negotiation, and communication skills. Experience leading large-scale financial transformation, process improvement, and change management initiatives. Ability to travel within the U.S. (up to 20%). Commitment to ethical leadership, corporate responsibility, and driving a culture of excellence. Apply to Restaurant Associates today! Restaurant Associates is a member of Compass Group USA Click here to Learn More about the Compass Story Compass Group is an equal opportunity employer. At Compass, we are committed to treating all Applicants and Associates fairly based on their abilities, achievements, and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or any other classification protected by law. Qualified candidates must be able to perform the essential functions of this position satisfactorily with or without a reasonable accommodation. Disclaimer: this job post is not necessarily an exhaustive list of all essential responsibilities, skills, tasks, or requirements associated with this position. While this is intended to be an accurate reflection of the position posted, the Company reserves the right to modify or change the essential functions of the job based on business necessity. We will consider for employment all qualified applicants, including those with a criminal history (including relevant driving history), in a manner consistent with all applicable federal, state, and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York Fair Chance Act. Associates at Restaurant Associates are offered many fantastic benefits. Medical Dental Vision Life Insurance/ AD Disability Insurance Retirement Plan Paid Time Off Holiday Time Off (varies by site/state) Associate Shopping Program Health and Wellness Programs Discount Marketplace Identity Theft Protection Pet Insurance Commuter Benefits Employee Assistance Program Flexible Spending Accounts (FSAs) Applications are accepted on an ongoing basis. Restaurant Associates maintains a drug-free workplace. Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed Remotely, click here for paid time off benefits information. Req ID: 1397156 Restaurant Associates JANANN LIBERMAN [[req_classification]]
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