Houchens Insurance Group Looking for Chief Financial Officer at Bowling Green, KY Full Time

Full-time

Description

Summary

The Chief Financial Officer will direct the organization’s financial planning, innovation initiatives, and technology investments and focus on operational efficiencies by performing the following duties personally or through subordinate managers.

Essential Duties And Responsibilities

Disclaimer: The duties listed are intended to describe the general nature and level of work to be performed. This is not an exhaustive list of all responsibilities, duties, and skills which may be required.

35%

Strategy, Planning and Management

• As the Chief Financial Officer, serve as a key member of and strategic business partner to the Executive Leadership Team.
• Communicate, engage, and interact with Board of Directors, CEO, and Executive Leadership
• Assess and evaluate the financial performance of the organization with regard to long-term operational goals, budgets, and forecasts. Provide insight and recommendations to both short-term and long-term growth plan of the organization.
• Manage and lead the evaluation and due diligence process for strategic acquisitions, including the monitoring of third-party professionals and/or consultants.
• Identify, acquire, and implement systems and software to provide critical financial and operational information. Evaluate department and make suggestions for automating processes and increasing working efficiency.
• Lead all reporting efforts to Houchens.
• Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Optimizing business processes, monitoring key performance indicators, and ensuring effective utilization of resources
• Overseeing the company’s core operations, ensuring efficient processes, and driving operational excellence.
• Interact with and bring the department into line with Board of Directors’ plans, initiatives, and recommendations.
• Implement policies, procedures, and processes as deemed appropriate by the Executive Leadership Team.
• Provide leadership to others in the organization and direct the efforts of the company in its efficiency initiatives.

30%

Leadership And Development Of Others

• Lead and develop multiple supervisors who are responsible for departments of their own in order to maximize value creation.

15%

Financial Analysis, Budgeting and Forecasting

• Develop the annual and monthly company operating budgets, working with various departments and department heads to ensure full participation.
• Develop the company’s 5-year projections for ESOP valuation and participate in the annual ESOP valuation as directed by Houchens.
• Lead and direct the monthly financial budgeting reports, including monthly profit and loss by division and forecast vs. budget by division.
• Review and analyze monthly financial results and provide recommendations.
• Identify, develop, and execute analysis of business initiatives and/or new service offerings.
• Develop and maintain a monthly operating budget and annual company operating budget.
• Supervise creation of reports, software implementation, and tools for budgeting and forecasting.
• Create quarterly board reporting and participate in the quarterly board meetings with the Chairman and CEO.

10%

Technology, Automation, Innovation, Data and Project Management

• Oversee the technology team (helpdesk, hardware, and applications) and provide leadership and guidance for investments, resolution of issues, monitoring, etc.
• Oversee outsourced vendors that provide automation tools, such as Robotic Process Automation (RPA), and other tools utilized to create efficiencies and reduce manual efforts.
• Participate in the evaluation of new technologies, processes, and solutions that continue the advancement of the company’s efficiency projects.
• Assist with acquiring, maintaining, and properly using data and data warehouses that allow for enhanced reporting capabilities.
• Create new and maintain and improve existing Power BI reports used for financial and operational reporting.
• Serve as company liaison for crucial projects with critical vendors engaged to provide enhanced reporting and efficiencies.
• Create reports, software implementation, and tools for budgeting and forecasting.

10%

Accounting, General Ledger, Administration and Operations

• Serve as the main relationship with Houchens and BKD for audit and financial needs year-round.
• Oversee the preparation and timely filing of all local, state, and federal tax returns.
• Oversee preparation of monthly, quarterly, and annual financial statements.
• Serve as a key point of contact for external auditors; manage preparation and support of all external audits.
• Coordinate and strategize methods to attain team goals with the President, CEO, and Board of Directors.

Supervisory Responsibilities

Leads multiple supervisors who are responsible for departments of their own. The CFO is responsible for the overall leadership, strategy, and development of those individuals and for carrying out supervisory responsibilities in accordance with the organization’s policies and applicable laws.

Requirements

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Education And/or Experience

Bachelor Degree in Accounting or Finance along with MBA preferred; minimum of four years of experience as a Chief Financial Officer; or equivalent combination of education and experience. Preferred experience in project management, executive leadership, change management, thought leader.

Language Skills

Ability to read, analyze, and interpret financial reports, and legal documents. Ability to respond to common inquiries or complaints from internal or external customers, regulatory agencies, or members of the business community. Ability to effectively present information to top management, public groups, and/or boards of directors.

Mathematical Skills

Must possess advanced mathematic skills and the ability to analyze figures. Ability to work with financial and numeric data and possess mature and extensive knowledge of accounting principles.

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to bring full resolution to issues with limited Manager involvement. Possess mature and experienced reasoning ability which maintains a high level of Manager confidence.

Computer Skills

To perform this job successfully, an individual should have knowledge of Accounting software; Agency Management systems; Spreadsheet software; Word Processing software; Internet software; Human Resource systems, and Database software. Strong Excel skills and experience with Power BI and other Power tools are a plus.

Certificates, Licenses, Registrations

Must hold a Certified Public Accountant (CPA) designation and be able to obtain Accounting designations/certifications as set forth by the organization’s education plan.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit; use hands and fingers; reach with hands and arms, and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.