Chief Financial Officer
: Job Details :


Chief Financial Officer

Summertown Metals, LLC

Job Location : Summertown,TN, USA

Posted on : 2024-10-15T15:40:53Z

Job Description :

We are a rapidly growing company that is in need of a Chief Financial Officer. We offer benefits that include Medical, dental, vision, accident, cancer, critical illness, hospital indemnity, STD, Life, 401K with up to a 4% company match, and vacation. Our hours of operation are Monday through Friday 7am - 5pm.

Job Duties and Responsibilities

The Chief Financial Officer (CFO) manages the financial strategy, planning, and analysis for Summertown Metals, ensuring efficient capital allocation, managing cash flow, and driving profitability while leading budgeting, reporting, and compliance efforts. This role also involves partnering with leadership to support growth initiatives and optimize operational efficiency.

  • Oversee the creation of financial statements for Summertown and its LLCs including but not limited to:
    • Profit & Loss
    • Balance Sheets
    • Cash Flow Statements
  • Provide transparency, highlights, and insights about company financial performance to senior management.
  • Prepare Summertown's LLCs annual budget.
  • Consolidate LLC budgets into Summertown Main annual budget.
  • Cascade annual plans to quarterly and monthly.
  • Track progress of budgets planned vs. actual.
  • Create recommended improvements on all budgets.
  • Maintain awareness of financial compliance topics on State & Federal level.
  • Draft & publish financial policies for all of Summertown's holdings.
  • Coordinate with the legal department to understand and mitigate potential financial liabilities.
  • Tax planning strategy for Summertown.
  • W9 & W2 management.
  • Sales, income, and other taxes.
  • Set internal timelines to plan for taxes and report progress and setbacks to senior management.
  • Create financial models and forecasts to aid Summertown's strategic decisions.
  • Create “make vs. buy” assessments.
  • Create cost models for product lines.
  • Review reports to make recommendations on how to reduce costs companywide.
  • Capital expense cost/benefit analysis:
    • Heavy equipment, vehicles, production systems, etc.
  • Due diligence of potential investments.
  • Define KRAs for the finance staff.
  • Hold finance team accountable to their KRAs:
    • Create action plans to improve finance staff performance if KRAs are off-track.
  • Collect, review, and QA/QC finance staff reports.
  • Track time and attendance of finance staff.
  • Coordinate with HR for payroll of finance staff.
  • Draft roles and responsibilities documents for all members of the finance staff.
  • Conduct roles/responsibilities performance reviews with staff.
  • Analyze and propose potential pay increases for staff.
  • Prioritize and deliver on tasks that are best completed by the CFO.
  • Use delegation and project management techniques to effectively utilize the finance staff.
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