Chief Financial Officer

Company: WAYNE ALARM SYSTEMS
Location: Lynn
Posted on: May 28, 2025

Job Description:

Chief Financial Officer (CFO)Location: Lynn, MassachusettsReports To: Chief Executive Officer (CEO) and Managing PartnerFive Roles and Responsibilities:

• Financial Strategy and Planning
• Budgeting and Forecasting
• Financial Reporting and Compliance
• Cash Flow and Capital Management
• Risk Management and Financial ControlsPosition Summary:The Chief Financial Officer (CFO) is responsible for overseeing the financial strategy and planning of the company. As a key member of the executive team, the CFO will ensure the company's financial health, support growth initiatives, and provide strategic leadership in budgeting, forecasting, and capital management. Strong leadership is a requirement that would include coaching, mentoring and regularly scheduled meetings with the department's staff.Key Responsibilities:
  • Develop and implement the company's financial strategy to support overall business objectives.
  • Responsible for accounting operations conducted in accordance with GAAP
  • Lead budgeting, forecasting, and financial planning processes across departments.
  • Monitor and manage cash flow, working capital, and capital expenditures.
  • Analyze financial performance and market trends to guide executive decision-making.
  • Ensure compliance with all financial, tax, and regulatory requirements (GAAP, IRS, state/local laws, etc.).
  • Oversee financial reporting, internal controls, and audit processes.
  • Lead and mentor the finance and accounting teams.
  • Manage relationships with banks, tax accountants, and other applicable vendors.
  • Evaluate and support M&A opportunities, vendor negotiations, and investment strategies.
  • Collaborate with operations, sales, and executive teams to improve margin performance and reduce costs.
  • Develop dashboards and KPIs to track business health and guide performance.
  • Participate in weekly Executive meetings
  • Oversees the operations of the accounting team, which includes accounts payable, collections and bank reconciliations.Qualifications:
    • Bachelor's degree in Finance or Accounting
    • 10+ years of senior financial leadership experience, with at least 5 years in a CFO or equivalent role.
    • Strong knowledge of project-based accounting, revenue recognition, and cost control in service and installation-based businesses.
    • Demonstrated ability to manage capital structures, financial risk, and funding strategies.
    • Proficient in ERP systems, financial modeling, and business intelligence tools.
    • Strategic thinker with exceptional analytical, leadership, and communication skills.We believe in being local, providing exceptional quality, service and having a reputation as being the best.Interested parties should forward resumes, personal references, salary requirements and any other related information to the Human Resource Manager upon submitting your application.
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Keywords: WAYNE ALARM SYSTEMS, Providence , Chief Financial Officer, Executive , Lynn, Rhode Island