Hoffman Chief Financial Officer

Reposted 3 Days Ago
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06108, East Hartford, CT, USA
In-Office
250K-400K Annually
Expert/Leader
Automotive • Retail
The Role
The Chief Financial Officer will oversee financial operations, develop strategies, manage budgets, and direct performance measures while collaborating with the executive team.
Summary Generated by Built In

Role Purpose

The Chief Financial Officer position is accountable for the administrative and financial operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.

Leadership

East & West Controller(s), Accounting & Compliance Manager, and Employment Administrator

Core Accountabilities

  1. Work in conjunction with the Executive team and Ownership to maintain accurate financial statements that help guide the teams by being data driven
  2. Assist in formulating the company's future direction/ acquisitions and supporting tactical initiatives
  3. Monitor and direct the implementation of strategic business plans
  4. Manage the budgeting process
  5. Develop performance measures that support the company's strategic direction
  6. Manage and direct operational best practices
  7. Oversee employee benefit plans, with emphasis on maximizing a cost-effective benefits package. Utilize TEC for rollout and change management
  8. Monitor cash balances and cash forecasts
  9. Arrange for debt and equity financing
  10. Participate in key decisions as a member of the executive management team
  11. Develop financial and tax strategies
  12. Maintain in-depth relations with all members of the management team
  13. Train and develop the East and West Controller(s), and in turn the accounting team, as well as create a desirable “One Hoffman" culture to improve talent attraction and turnover
Qualifications

Competencies and Qualifications

  1. Minimum of bachelor’s degree in accounting or business administration, master’s preferred
  2. Minimum of 10 Years’ experience in multi dealership environment and/or public accounting experience
  3. Experience partnering with an executive team
  4. Results oriented, demonstrated ability to plan, execute, establish metrics and report on projects and functional effectiveness
  5. Business acumen, problem solving and technical ability to be data driven

Skills Required

  • Minimum of bachelor's degree in accounting or business administration
  • Minimum of 10 years' experience in multi dealership environment and/or public accounting experience
  • Experience partnering with an executive team
  • Results oriented, demonstrated ability to plan, execute, establish metrics and report on projects
  • Business acumen, problem solving and technical ability to be data driven
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The Company
305 Employees
Year Founded: 1921

What We Do

Founded in 1921, Hoffman Auto Group is a family-owned business operating multiple dealerships and collision centers across Connecticut and Vermont, offering sales and service for various automotive brands.

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