Chief Financial Officer (AC5150)

Job Description:

Roles of this size and scope do not arise often, so if you have an outstanding level of financial management expertise, with suitable qualifications to match (CA, CPA etc), then this could be the role for you! We are recruiting this role exclusively for this major automotive group. With over ten dealerships in multiple areas, they are a privately owned operation, who is going from strength to strength. Ranked in the top 500 private companies in Australia and one of the top 10 private automotive groups in Australia, this major player needs a financial leader, who can help them achieve their current, and future goals.

The Chief Financial Officer position is accountable for the administrative, financial, and risk management operations of the Group, the development of financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities are:

Planning

  • Assist in formulating the Group’s future direction and supporting tactical initiatives
  • Monitor and direct the implementation of strategic business plans
  • Develop financial strategies
  • Manage the capital request and budgeting processes
  • Develop performance measures that support the Group’s strategic direction

Operations

  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of the management team
  • Manage the accounting, human resources, investor relations, legal, tax, and treasury
  • Oversee the financial operations of Group companies
  • Manage any third parties to which functions have been outsourced
  • Oversee the company’s transaction processing systems
  • Implement operational best practices
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition due diligence and negotiate acquisitions

Financial Information

  • Oversee the issuance of financial information
  • Preparation of statutory accounts for all Group Companies
  • Report financial results to the board of directors

Risk Management

  • Understand and mitigate key elements of the Group’s risk profile
  • Construct and monitor reliable control systems
  • Maintain appropriate insurance coverage
  • Ensure that record keeping meets the requirements of auditors and government agencies
  • Report risk issues to the auditor and director/s
  • Maintain relations with external auditors and investigate their findings and recommendations

Funding

  • Monitor cash balances and cash forecasts
  • Arrange for debt and equity financing
  • Invest funds

Third Parties

  • Participate in conference calls with the investment community
  • Maintain banking and insurance relationships

The ideal candidate for this role will have a background that demonstrates experience as a Financial Controller for a major group. You will be experienced with both financial and management accounting practices, staff supervision, strategic planning, budgeting, manufacturer communication, as well as liaising with external financial partners. You must have excellent communication abilities, attention to detail skills and above all else, you must show stability in your employment and be able to commit to this role for the long term.

This is a very senior role, which will see you working intimately with the Owners of the group, advising them on strategies that will maximise their financial position. You will be focused on delivering on the organisations financial accounting requirements as they immediately stand, but will also need to think strategically towards the future, and whether the upcoming demands or goals of the organisations are capable of being met via the businesses current staff, technology or procedures.

An attractive remuneration package comprised of a VERY generous retainer plus company vehicle will be discussed with the successful candidate. For further information please contact Chris Fowler on (07) 3160 2377, quoting job number AC5150. Applications, queries and expressions of interest can be forwarded by email to jobs@autorecruit.com.au.