Cfofinancial Serviceshybrid Apply
CFO (High growth IT Consulting & Solutions firm)
Primary Vertical: Financial Services
Hybrid. Office Location options: Anaheim, CA or Portland, OR (May consider other Pacific time zone locations)
Requires: Must have experience working for a leading global IT and consulting services company such as Accenture, Cognizant, Infosys, or similar with a strong focus on digital transformation, IT outsourcing, and enterprise solutions across multiple industries. 15+ years of senior finance leadership (CFO or VP Finance) within the IT consulting & professional services/solutions industry. Demonstrated strategic leadership, FP&A skills, experience with overseeing multiple vertical P&Ls, M&A transactions, PE-backed company, rapidly scaling company, first-hand knowledge of IFRS and India compliance/taxation requirements.
Our client is a fast-growing technology firm providing IT consulting and solutions to varied industries ranging from capital markets and financial services to manufacturing. The company is rapidly expanding in the U.S. marketplace and seeks a seasoned CFO to play a pivotal role in shaping the firm’s financial strategy and driving financial performance. This role is based in the United States with significant financial leadership/oversight over US and India operations, among several other international locations. Must have first-hand knowledge of India compliance and taxation requirements.
Key Responsibilities of the CFO:
- Financial Strategy Development: Develop and execute a comprehensive financial strategy aligned with the company's overall objectives and growth plans.
- Financial Planning and Analysis (FP&A): Lead the annual budgeting process, forecasting, and long-term financial planning. Provide regular financial analysis and insights to support decision-making across the organization.
- Financial Reporting and Compliance: Ensure accurate and timely financial reporting in compliance with regulatory requirements and accounting standards. Oversee internal controls to mitigate financial risks.
- Capital Management: Manage the company's capital structure, including debt and equity financing. Evaluate investment opportunities and provide recommendations to optimize capital allocation.
- Treasury Management: Oversee cash flow management, working capital optimization, and treasury operations to ensure liquidity and financial stability.
- Investor Relations: Serve as the primary liaison with investors and analysts. Communicate financial performance, strategic initiatives, and growth prospects to stakeholders.
- Mergers and Acquisitions (M&A): Lead M&A activities, including due diligence, valuation, negotiation, and integration planning. Identify potential acquisition targets and strategic partnerships to support business growth.
- Risk Management: Identify and assess financial risks, including market, credit, and operational risks. Develop risk mitigation strategies to safeguard the company's financial health.
- International Financial Operations Oversight: Provide significant financial leadership/oversight over US and India operations, among several other international locations. Ensure compliance with local regulations and alignment with global financial strategy.
- Workforce Management: Oversee financial aspects related to a workforce of 2000 plus people, with a target of significant growth over the next five years. Collaborate with HR and senior management to ensure effective workforce planning and cost management strategies.
- Team Leadership: Build and mentor a high-performing finance team. Foster a culture of collaboration, innovation, and continuous improvement within the finance function.
- Manage comprehensive ERP transition, including assisting with planning, implementation and optimization.
Qualifications of the CFO:
- Bachelor's degree in Finance, Accounting, Business Administration, or related field. MBA or CPA strongly preferred.
- Proven experience working for a leading global IT consulting and services company such as Cognizant, Accenture, Infosys, or similar, with a strong focus on digital transformation, IT outsourcing, and enterprise solutions across multiple industries which includes 15 plus years in a senior finance leadership role, as a CFO or VP of Finance
- Strong financial acumen with a deep understanding of financial principles, accounting standards, and regulatory requirements.
- Demonstrated expertise in financial planning and analysis, budgeting, and forecasting.
- Experience working within an IT Consulting & Professional Services company that sells into multiple verticals. Exp with BFSI vertical is preferred.
- Experience leading M&A transactions, including due diligence, valuation, and integration.
- Experience working with foreign currencies and multiple time zones.
- Must have first-hand knowledge of India compliance and taxation requirements and interacting with India-based team members.
- Experience working closely with a PE-affiliated Board.
- Experience in Comprehensive ERP Transition: Demonstrated experience in leading and managing comprehensive Enterprise Resource Planning (ERP) transitions, encompassing planning, implementation, and optimization phases. Experience with ERP systems such as Netsuite, SAP, Oracle etc.
- Experience working for a rapidly scaling company with revenues of $75 million and up.
- Strategic thinker with a track record of driving financial performance and creating shareholder value.
- Strong leadership and team-building skills, with the ability to inspire and motivate cross-functional teams.
- Results-oriented mindset with a focus on delivering measurable business outcomes.
Note: It will be important for the CFO to have broad experience, not only in the tech sphere, but in navigating margins concerning staffing and billability.