Chief Financial Officer (ID:45126)
Exciting opportunity to be a key driver of growth in profitable, equity-backed services business based in the Twin Cities. Our client is a premier IT solution provider of Managed IT, Cybersecurity, Cloud and Data Backup/Recovery services for businesses and institutions across the US. This exciting company has revenues of $50M and targets doubling the size of the business within 3-5 years through M&A and organic means.



CFO will be a strategic partner to the CEO and serve as executive leader of the Finance organization. The successful candidate will have executive oversight of the Finance, HR and IT functions, and will serve as a key member of the company's executive leadership team. S/he will work in close partnership with the CEO to shape business strategy and provide guidance in support of the company’s growth plans.
The CFO will be responsible for managing the financial health of the organization, including cash flow forecasting, financial planning and analysis, evaluating & protecting profitability, banking and cash management, identification of contractual risks and analysis of the company’s financial position and strategic direction. The CFO will also be charged with reporting, preparation and presentation of accurate, timely data to executive leadership and the board. 

Competitive compensation package includes equity. 
The position is onsite. 


ACCOUNTABILITIES:

  • Management and financial reporting
  • Financial planning and budgeting
  • Maintaining effective internal controls
  • Risk management
ROLES & RESPONSIBILITIES:
  • Advise the executive leadership team management on financial priorities, policies, and initiatives.
  • Maintain executive responsibility for financial operations, including working capital, capital expenditures, general accounting and financial services related to accounts payable and accounts receivable.
  • Manage the company’s finance, banking, legal and insurance relationships. Oversee risk assessment and mitigation, including setting direction on terms and conditions for contracts.
  • Develop and execute financial plans to inform decision-making, support strategic growth plans and capitalize on market opportunities.
  • Manage processes for financial forecasting, budgets, planning and analysis.
  • Ensure reporting tools are in place to continually monitor and improve results, enhance efficiencies and provide feedback on strategic initiatives.
  • Establish and maintain cash flow management policies and procedures.
  • Oversee all financial and operational controls, processes and metrics within the organization.
  • Participate in planning and execution of finance expansion activity, including investments, corporate alliances and acquisitions.
  • Manage preparation, review and filing of federal, state, third-party and other financial reports to ensure compliance with GAAP, IRS and other tax authorities.

REQUIRED SKILLS & EXPERIENCE:
  • Bachelor's degree in Finance, Accounting or a related discipline. MBA is preferred. 
  • CPA, CMA or public accounting background. 
  • Minimum of 10-12 years of progressively responsible Finance roles. 
  • At least 10 years in the leadership of teams, ideally across all Finance disciplines.
  • Strong operations orientation, with a history of success working in true partnership with the business to shape and execute strategy. 
  • Knowledge of and strength in cash flow forecasting.
  • Broad understanding of finance and accounting, including general accounting, audit, reporting, planning and analysis, budgeting, internal controls, information systems, treasury and tax.
  • Strong process acumen, with proven success in defining process and driving its continual improvement. 
  • Services industry experience is required. 
  • Direct experience in a PE-backed business is ideal. 
  • About Versique:
    At Versique, we believe people are more than a resume. People invent, propel, unearth, and build. They transform teams, markets, industries, and bottom lines. People do more than fill an open position. They open greater potential. We’re here to help fill your human potential and build your human capacity. The Versique brand represents a powerful combination of “versatile” and “unique”, hinting at the concept of “search” in its pronunciation.  
     
    In 2023, Versique made the Inc. 5000 list of fastest-growing private companies, along with the Minneapolis-St. Paul Business Journal’s Fast 50 list for fastest-growing private companies in Minnesota. Additionally, for the past 4 years, Versique has been recognized as a Star Tribune Top Workplace and awarded a Best Place to Work in 2022 by the Minneapolis/St. Paul Business Journal, which speaks to the incredible culture we’ve fostered. 
     
    We believe people are the ultimate business advantage. Let’s find your people together. And make the best possible. 

    Versique is an equal-opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors.
     

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Chief Financial Officer (ID:45126)

















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