Chief Financial Officer
: Job Details :


Chief Financial Officer

AiLO Logistics

Location: Los Angeles,CA, USA

Date: 2024-09-28T19:11:36Z

Job Description:
Position: Chief Financial Officer.Company Name: AiLO Logistics. FLSA Status for Employee: Exempt. Position Type: Full-Time. Location: Glendale, CA (Office On-site).Salary Range: $260,000 - $380,000.Position Summary:As a key member of the Executive Management team, the Chief Financial Officer will report to the CEO and President of the Company and assume a strategic role in the management of the company. The CFO will be responsible for ensuring the highest standards of financial excellence, fiscal integrity, and stewardship of resources. Essential Job Functions:
  • Oversee finance and accounting as well as broader business matters and report to leadership on the fiscal management including banking, compliance, registrations and filings, tax returns, and investments.
  • Prepare the annual budget for review and approval by the executive team.
  • Develop accounting procedures and systems and monitors all accounting practices to ensure they meet federal, state, county, and other funding/contract guidelines.
  • Supervise the preparation for the annual and periodic internal, government, and other fiscal audits of the organization's financial position; implement and respond to any findings should there be any.
  • Collaborate with senior leaders on operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, and revenue/expense analysis.
  • Monitor and report on cash flow and budget spending.
  • Work on developing financial and tax strategies with owners/CPA for maximum tax benefits.
  • Manage specific short-term and long-term plans and programs, together with supporting budget requests and financial estimates.
  • Work to support additional business ventures in needed capacity.
  • Prepare and oversee financial budgeting; provide monthly analysis of the budget which highlights any discrepancies and financial trends.
  • Oversee the Accounting Department to optimize business support and all aspects of finance and accounting functions of the entities.
  • Direct all monthly and annual accounting operations including monthly financial reporting (including financial data analysis and key performance indicators), forecasting (including tracking progress against forecast)
  • Oversee the financial operations of company and its sister companies.
  • Oversee and guide the streamlining and improving monthly financial reporting systems including potential upgrading financial accounting software and integration into operating system.
  • Establish metrics and KPIs that influence actions necessary to continually strengthen the financial performance of the organization.
  • Produce monthly financial analysis on performance.
  • Learn the USPS bidding process and contribute to increase of market share.
  • Produce cost control reports, cost estimates, USPS bids and manpower and facilities requirements, forecasts each contract for upcoming performance.
  • Coordinate and collaborate with other departments of the corporation in establishing and carrying out responsibilities. Work closely with the executive team to run a result driven organization.
  • Ensures that cost-effective internal business and accounting controls are in place and operating effectively to safeguard the assets and integrity of the organization.
  • Manage the setting of budgets throughout the company and in every department.
  • Compile monthly financial reporting for the owners.
  • Lead the Accounting Department in devising audited financials as needed.
  • Oversee on a quarterly basis the validation of entity debt covenants.
  • Report risk issues to the executive team.
  • Maintain relations with external auditors and investigate their findings and recommendations.
  • Oversee annual insurance audit processes.
  • Oversee overall cash movement between sister entities. Monitor cash balances and cash forecasts.
  • Foster existing bank relationships. Establish new banking relationships for better rates and opportunities.
  • Conduct due diligence and integration of new business acquisitions.
  • Work with the designated team on large contracts and other legal issues.
  • Continuously engaging in cost saving opportunities.
Required Skills and Competencies:
  • Practical experience with NetSuite (ERP) system is required.
  • Experience in logistics or transportation is preferred.
  • Leadership skills with the ability to delegate, motivate and inspire team members.
  • Strong decision-making and problem-solving skills.
  • Strong knowledge of fiscal management, government regulations, and accounting software.
  • Excellent computer skills including, but not limited to all Microsoft Suite products, including Excel and Word.
  • Proven experience with creating and implementing budgets, financial modeling, and best practices across departments.
  • Proven experience with P&L creation, implementation, and analysis.
  • Ability to collaborate effectively with a diverse team and navigate complex decision making.
  • Great at managing multiple tasks and getting things done in a fast-paced environment.
Required Education and Experience:
  • Experience in a financial leadership role for 6+ years.
  • Bachelor's degree in finance, accounting or a similar field is required.
  • Master of Business Administration (MBA) is preferred.
  • Relevant certifications desired.
  • Experience in the transportation and/or logistics industry is desired.
Pay:
  • The pay is competitive, depending on experience ($260,000 - $380,000) and will be discussed during an in-person interview.
Benefits:
  • Employer Paid Medical.
  • Employer Paid Dental.
  • Employer Paid Vision.
  • Company provided cell phone.
  • Company provided laptop.
  • Life Insurance.
  • 401(K).
  • Employee Assistance Programs.
  • Vacation pay.
  • Sick pay.
  • Excellent opportunity for career advancement.
  • Employee events.
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