Franchise CFO -FMCG

Franchise CFO -FMCG



    CFO previous experience within a FMCG  holding having franchises in the Mena Region or Europe

    the Franchise Chief Financial Officer (CFO) Lead all aspects of Franchise Development
    strategy & process and will be responsible for the day-to-day financial operations of the
    company. This includes the development of a financial and operational strategy, and the
    ongoing development and monitoring of control systems designed to preserve
    company assets and report accurate financial results. It is also expected that the CFO
    will serve as a strategic advisor and partner to the CEO and company leadership helping
    to drive the company’s performance by providing fact-based analysis and strategic
    financial direction. As an integral member of the Executive Team, the CFO will support
    the organization in improving sales growth through financial analysis.
    Detail of Responsibilities:
    • Ensure that financial information, analysis and reporting is accurate, timely,
    reliable and relevant, in order to assist the Board, CEO, and Executive Team in
    effectively performing their responsibilities.
    • Participate in P&L goal setting and deliver budgeted top and bottom line results
    • Define and implement a cost-effective lead generation strategy utilizing both
    traditional and non-traditional mediums
    • Establish positive franchisee support of the Franchise Development process.
    • Conduct ongoing analysis of and adjustment to key sales metrics
    • Incorporate the value of the company’s brand, Mission Statement and Core
    Values throughout a financial strategic process.
    • Provide consistent and accurate financial forecasting for company.
    • Improve overall financial reporting to make it more efficient and impactful by
    implementing a business intelligence platform.
    • Monitor capital requests and expenditures to ensure within budget and plan.
    • Oversee all accounts, ledgers, and reporting systems, ensuring compliance with
    Generally Accepted Accounting Principles and regulatory requirements.
    • Maintain internal control safeguards and coordinate all audit activities.
    • Ensure that the Company is in continuous compliance with all statutory,
    regulatory, banking, tax, and other external and internal operating, reporting and
    record keeping requirements to which the company is subject.
    • Manage the Treasury function, including cash management, cash forecasting,
    accounts receivable and accounts payable. Develop a reliable cash flow
    projection process and reporting mechanism to meet operating needs of the
    • Manage tax statement preparation with vendors as needed, for all related
    company and shareholder activities.
    • Maintain key relationships with insurance broker, ensuring awareness of all
    significant business developments and maintenance of appropriate coverage.
    • Maintain key banking relationships, ensuring bank is aware of all significant
    business developments and partner on strategies to ensure company is always
    adequately funded.
    • Oversee budgeting and the implementation of budgets to monitor progress and
    present financial metrics internally.
    • Mentor and develop a team of professionals, managing work allocation, training,
    problem resolution, performance evaluation, and the building of an effective
    team dynamic.
    • Assist the CEO and Executive Team in the development and execution of
    operating policies and procedures as needed.
    • Support all company initiatives by process and procedure as communicated.
    • Other duties as assigned.
    The CFO will be a mature leader with at least 8-10+ years of broad finance experience,
    ideally beginning in accounting, followed by significant experience gathering and
    evaluating financial information and making actionable recommendations to senior
    leadership in a Private Equity backed environment. The CFO will have experience
    managing the finance and accounting function (accounting, budgeting, control, and
    reporting) within a diverse entity. The successful candidate will have the ability to
    function on a broad-based, strategic level and see the “big picture”, in addition to being
    hands-on and capable of diving into the details and data when needed.
    The CFO will have the following experience and attributes:
    • BS in Accounting, finance or business administration.
    • Strong working knowledge of financial planning and analysis, budgeting and
    forecasting, cost accounting, risk management, and tax and treasury.
    • Advanced Excel and PowerPoint skills.
    • Demonstrable passion for driving results.
    • Hands-on manager with integrity and a desire to work in a dynamic environment.
    • Strong analytical skills and experience interpreting a strategic vision into an
    operational model.
    • Technical knowledge of various business intelligence systems and ability to
    leverage to deliver impactful data to organizations.
    • An effective communicator at all levels in the organization, with strong oral and
    written skills and a willingness to share information.
    • Proven understanding and execution of lean manufacturing principles.
    • A collaborative and flexible style, with a strong service mentality.
    • Ability to travel as needed.
    • Experience and comfort managing banking relationships and external vendors.
    • Demonstrated experience within a vertically integrated manufacturing company.
    General Competencies:
    Finally, this individual should have as many as possible of the traits required to succeed
    in this leadership position:
    • High levels of intelligence, analytical strength and conceptual ability.
    • Strong presentation and team management skills.
    • Decisiveness when necessary, coupled with a willingness to seek input and build
    consensus as much as possible.
    • Unquestioned honesty and integrity; also, loyalty to colleagues and to the
    organization, and the ability to inspire loyalty. This person should have the ability
    to identify and focus on the Company’s best interests, rather than the agenda of
    any individual or group within the firm.
    • A very high level of energy and commitment combined with enthusiasm and a
    positive attitude.
    • Excellent writing and speaking skills; this individual must be able to
    communicate complex ideas and information clearly and concisely.
    • Outstanding planning and organization skills.
    • Good strategic instincts and long-term vision; the ability to address both big picture issues and detailed, day-to-day management concerns.
    • Attention to detail required to deliver consistently accurate data, information and
    reporting on time and on budget.
    • A sense of ownership, not just of his or her own work, or that of their department,
    but a sense of ownership for the company.
    • Work ethic required to do what it takes to get the job done, and invest the time
    required to deliver on key responsibilities in a timely fashion.
    Ideal Candidate Profile
    A summary of key competencies required to be successful include the following:
    • Franchised food businesses
    • Franchised consumable products/perishable products
    • Franchised B2C businesses
    • Builder leader and optimizer leader
    • Private company experience in career background
    • Private equity backed company experience in career background
    • Experience driving creation and buy-in to KPIs, goals, metrics within own team
    and crossfunctionally where appropriate/necessary

    Job Details

    • Offered Salary:
    • Career Level:
    • Experience:
      8 +
    • Gender:
      No preference
    • Qualification:
      Certificate “CMA, CFA, CPA, PMP..”

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