CFO

Job Description

Duties and Responsibilities

As the “Numbers Person” of our team, you monitor, analyse and ensure that we are driving the business in the right direction in respect to meeting Revenue, Profitability and Cashflow targets. The achieve this, your duties will include but not be limited to:

· Organise & Manage 100% compliance with the ATO & Super funds

· Save the business up to 3% of total expenses annually

· Initiate preparation for tax planning meetings with our accountant on a 6 monthly basis and where you see fit. Appropriate savings made for future tax payments on a monthly basis

· Keep the business 100% compliant with all HR aspects and processes.

· 100% of all client payments to be on time through any of our payment means by the date due. Liaise with admin team to ensure all debt is collected in a timely manner so as to not impact cashflow.

· Manage Average A/R Days to never go above 7 days and A/P Days to remain at 60 days

· Client Interface – New Client Agreements to be checked and processed into MYOB and SimPRO system to ensure our legal coverage remains protected.

· Bank Reconciliations and Payments Applied in MYOB.

· Pay bills through SHIFT or AMEX and manage company cashflow

· Thinking one step ahead of the business owner, “I’ve already thought of that and took the liberty of [INSERT ACTION]”.

· Business data analysis provided to owners by the second business day of each month

· Assistance with Due Diligence on acquisitions & mergers and wealth plays, we are exploring.

· Maintain a diarized checklist on ATO & Super commitments & communicated to the business owner where appropriate.

· MYOB data entry, coding bank feeds and reconciliation of bank accounts.

· 6 monthly diarized preparation for tax planning meeting with accountant & monthly future tax allocation made.

· Fortnightly cashflow meeting preparation in excel with A/R and A/P list & subsequent loading of loading of invoices to pay creditors

· Weekly updating new client agreements, added to job attachments & payments reconciliation.

· Tracking bad debt and ensuring clients are paying their bills on time and liaising with admin team to follow up bad debt. Assisting where required speaking directly to difficult customers to sort out payment issues.

· Monthly checking of clients who have finished, updating on the CRM & archiving client records in the bookkeeping software

· Ad hoc checking of HR compliance when the need arises

· Providing monthly P&L, Balance Sheet and Cashflow Statement on accrual basis to the business coach

· Check of all invoices entered and reconcile with MYOB and simPRO.

· Communicate with business owner and team embers to implement business strategies to achieve our business targets.

Generic Responsibilities

1. The Chief Financial Officer is required to observe the lawful and reasonable directions and decisions of all superiors.

2. The Chief Financial Officer is required to demonstrate a personal commitment to ensure personal safety and the safety of others.

3. The Chief Financial Officer is required to exercise proper discretion and commercial-in confidence in all matters affecting the well-being, assets and interests of the Hiettecorp Pty Ltd.

Job Qualifications and Requirements

We are a company that operates with strict company goals and targets. For this role, we need an applicant that displays the below qualifications, personality characteristics and experience.

It is mandatory to have a higher education / qualification to undertake this role.

Required:

· Accountancy, Commerce & Economic University Level Qualifications – Masters or PHD preferred.

· High-level ability to process, sort and analyse data, provide reporting and advice to correct issues

· Have a mechanically minded intellect and analytical personality

· Strong work ethic

· Ability to adapt to dynamic work schedules, deadlines, timeframes, and flexible shifts.

· Superb customer service, communication, negotiation, and time management skills

· Clear direction and personal drive to achieve goals

· Strong computer skills

· Willingness to take phone calls afterhours to assist management

· Strong leadership ability

· Strong business acumen, knowledge, and experience

· Ability to delegate tasks

· Awareness of Australian Corporate, Contract, Industrial Relations and Tax Laws