Chief Financial Officer

Summary

Join Dropit as their Chief Financial Officer (CFO), a leadership role requiring extensive experience in mergers and acquisitions (M&A) and banking strategies. You will lead financial operations, drive major deals, and ensure the company's financial stability and growth. The ideal candidate possesses board-ready experience and strong global leadership skills. Responsibilities include developing and executing financial strategies, overseeing financial planning and analysis, managing banking relationships, and mitigating financial risks. Success in this role demands a proven track record of leading high-performing teams and a deep understanding of the retail and technology sectors.

Requirements

• Minimum of 15 years of progressive financial leadership experience, including significant experience in M&A and banking strategies
• Proven track record of leading high-performing teams and driving organizational success
• Demonstrated experience in leading and managing global teams, with a deep understanding of cross-cultural management and global financial landscapes
• Deep understanding of the retail and technology sectors, with the ability to navigate complex financial landscapes
• Experience working with or serving on a board of directors, with strong governance and compliance knowledge
• Exceptional analytical and problem-solving abilities, with a data-driven approach to decision-making
• Excellent communication and presentation skills, with the ability to influence and build relationships at all levels

Responsibilities

• Develop and execute financial strategies to support the company's overall strategic direction and growth objectives
• Lead M&A activities, including identifying opportunities, conducting due diligence, negotiating deals, and integrating acquisitions and/or have had experience leading successful exit strategies
• Oversee financial planning, budgeting, forecasting, and analysis to ensure alignment with business goals
• Manage relationships with banks, investors, and other financial institutions to secure funding and optimize capital structure
• Identify and mitigate financial risks, ensuring compliance with regulatory requirements and company policies
• Drive efficiency in financial operations, implementing best practices and innovative solutions to enhance performance
• Prepare and present financial reports to the board of directors, providing insights and recommendations for decision-making
• Lead and manage finances globally (US, UK, IL,CA), fostering a collaborative and high-performance culture across different regions
• Mentor and develop the finance team, fostering a culture of continuous improvement and professional growth
• Build dynamic, scalable financial models to project cash flow, profitability, and other KPIs relevant to the startup’s business model and growth strategy
• Provide financial, P&L, balance sheet, and strategic leadership across the businesses to make financial and business decisions that deliver the market P&L targets to grow the business year-over-year efficiently and effectively
• Partner with the leadership team to set business performance and KPIs to maximize profitability. Analyze costs, and make informed decisions regarding resource allocation and program development
• Provide accurate and timely financial reports, statements, and analysis to inform senior leadership and the Board on the organization’s financial health, performance and risks
• Collaborate with external auditors, government agencies, and funding sources to ensure compliance, optimized revenue cycle, and transparent financial reporting
• Establish and maintain effective internal controls to safeguard company assets, ensure compliance with laws and regulations, and maintain the integrity of financial reporting
• Develop tax strategies to minimize the company's tax liabilities while ensuring compliance with tax laws and regulations. Oversee tax planning, reporting, and compliance activities at the federal, state, and local levels

Benefits

Remote work