Chief Financial Officer (CFO)

Description

Chief Financial Officer (CFO)

CTBK is a locally-owned and operated full-service accounting firm based in Amherst, NY. With over 140 talented professionals on our team, we provide businesses and high net worth individuals with assurance, accounting, tax, and business consulting services.

At CTBK, we prioritize delivering professional services that exceed our clients' expectations while creating a positive and nurturing work environment for our employees.

We are committed to helping our staff grow and develop successful and rewarding careers, providing challenging opportunities for personal and professional growth.

CTBK utilizes the Entrepreneurial Operating System (EOS) to operate the Firm and this position would sit on the Leadership Team in charge of day-to-day operations, goal setting and implementing initiatives generated by the Team.

As the Chief Financial Officer (CFO) at CTBK you will play a critical role in shaping the financial strategy and direction of the organization.

Reporting directly to the Integrator (Managing Partner), you will be a key member of the leadership team, contributing to high-level decision-making and providing strategic financial insights to drive business growth and profitability.

Key Responsibilities :

• Financial Strategy and Planning :
• Develop and execute financial strategies aligned with the company's goals and objectives.
• Lead the annual budgeting and forecasting process, providing analysis and recommendations to optimize financial performance.
• Evaluate and drive financial planning initiatives to support long-term growth and sustainability.
• Financial Reporting and Analysis :
• Oversee the preparation and presentation of accurate and timely financial reports, including monthly and annual financial statements of CTBK and four of its related entities, including weekly scorecard (flash) reporting.
• Conduct thorough financial analysis to identify trends, risks, and innovative opportunities, and present findings to the Leadership Team and Partnership Group.
• Monitor key financial metrics on leadership scorecard and performance indicators to ensure alignment with strategic objectives.
• Assist with annual tax provision calculation to provide tax partner liaisons with projected taxable income based on budget, forecast and actual.
• Risk Management and Compliance :
• Implement and maintain effective internal controls and financial policies to mitigate risk and ensure compliance with regulatory requirements.
• Manage relationships with external auditors (401k plan), ensuring timely and accurate reporting and compliance with applicable laws and regulations.
• Manage the Company's insurance and risk management related to our malpractice and general business policies.
• Team Leadership and Development :
• Lead and mentor a dedicated finance team of seven professionals, fostering a culture of collaboration, accountability, and continuous improvement.
• Provide coaching and development opportunities to enhance the skills and capabilities of the finance team, driving individual and collective success.
• Strategic Partnerships :
• Collaborate closely with other members of the leadership team to align financial objectives with overall business strategies.
• Build and maintain strong relationships with key stakeholders, including investors, lenders, and strategic partners, to support business growth and expansion initiatives.
• Manage banking relationships, credit facilities and oversee treasury function (managing cash flow and working capital) for the Firm.
• Sit on Inorganic Growth Team to help with potential M&A targets.

Qualifications :

• Bachelor's degree in Finance, Accounting, Business Administration, or related field; MBA or CPA preferred.
• Proven track record of success in senior financial leadership roles, preferably within the professional services industry.
• Strong understanding of financial principles, practices, and regulations, with the ability to apply strategic thinking to financial decision-making.
• Excellent analytical skills, with the ability to interpret complex financial data and communicate insights effectively to diverse audiences.
• Demonstrated leadership and team-building capabilities, with a focus on developing talent and driving high-performance results.
• Exceptional interpersonal and communication skills, with the ability to build rapport and influence stakeholders at all levels of the organization.

For more information about our Firm, explore our website at CTBK.com.

CTBK is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship.

CTBK makes hiring decisions based solely on qualifications, merit, and business needs at the time.