*Tax & Audit
*Restatement, Fraud Detection, & Data Analysis
*Remote Month End Accounting Close, & Financial Statement Analysis
*Mergers & Acquisitions
*Pro-forma, Budget Creation, Forecast, & Financial Modeling
*Start Ups & Capital Raises
*Cost Reduction / Control
*International Accounting / IFRS / GAAP
*Financial Software Integration
Chief Financial Officer & Controller Job Duties
The Chief Financial Officer of a company has primary responsibility for the planning, implementation, managing and running of all finance activities of a company, including business planning, budgeting, forecasting and negotiations. The responsibilities also extend to obtaining and maintaining investor relations and partnership compliance.
-Develop foundation of all accounting activities.
-Enact all monthly close activities.
-Establish all financial controls and standard operating procedures.
-Maintain accurate recording of the company’s capital structure. This includes Employee Option Programs.
-Develop and maintain staff buildout and the accounting department (Treasurer-Controller-Staff Accountant-Inventory Accountant).
-Develop inventory systems for all raw materials, work in progress, and finished goods, including periodic physical counts.
-Establish all finance IT systems (inventory, accounting, accounts payable tracking, etc.).
-Evolve all managerial reporting for month end, quarter end, and year end.
-Negotiation and accounting for all capital expenditures.
-Ensure there are effective internal controls in place to comply with Generally Accepted Accounting Principles (GAAP).
-Develop internal auditing procedures.
-Lead 3rd party auditors through quarterly/yearly financial audits.
-Drive the company’s financial planning.
-Risk management by analyzing the company’s liabilities and investments. This includes vendor management and cost analysis between vendors.
-Investment strategies for cash and other liquid assets.
-Develop COGS analytics to ensure proper profit margins are being realized.
-Control and evaluate the company’s fundraising plans (financial instruments-LOC, loans, grants, and other financing activities).
-Develop cash flow protocols to ensure cash flow is appropriate for operations.
-Establish and maintain all pricing structures of products.
-Process improvement on all matters that affect the financial strength of the company.
-Manage overall profitability of the company which includes periodic cost analysis and cutting.
-Evaluate and advise on long range planning, introduction of new programs/strategies and regulatory action.
-Prepare cash flow, financial modeling, budget, and data analysis.
-Compliance with law and company policies.
-Develop tax strategies and maintain all tax filings.
-Account for all R&D in order to take advantage of tax credits in the Hemp Industry.
-Creating/reviewing all formal finance, HR, and IT related procedures. This includes payroll compliance and employee benefits (health, dental, vision, life, 401k programs).
-Research and implement all insurance policies for the company.
-Maintain a high level of; integrity, honesty, and dependability with all internal and external parties.