Chief Financial Officer - MGI International, LLC : Job Details

The CFO is a strategic executive responsible for overseeing all financial operations, ensuring compliance with internal controls, and driving financial performance across the organization. This role requires a balance of operational leadership, risk management, and strategic planning to support both domestic and international business activities.

Strategic Financial Leadership:

• Develop and implement financial strategies aligned with corporate goals.

• Lead and develop accounting, finance/treasury and credit teams.

• Foster a culture of accountability, transparency, and continuous improvement.

• Support expansion, warehousing, and logistics initiatives with financial insights.

• Advise the CEO and Board of Managers on financial planning and risk management.

Financial Operations:

• Ensure accurate and timely reporting in compliance with US GAAP and IFRS.

• Supervise the preparation of monthly, quarterly, and annual financial statements and board reports.

• Oversee budgeting, forecasting, and financial reporting.

• Manage working capital, cash flow, and credit lines to support seasonal fluctuations.

• Implement risk hedge strategies for foreign currency transactions.

• Internal Controls & Risk Management:

• Direct the implementation and monitoring of internal controls, including risk assessments, mitigation strategies, and governance protocols.

• Ensure compliance with J-SOX and other internal control frameworks, including reporting requirements related to internal controls.

• Maintain compliance with tax, audit, and regulatory requirements.

• Liaise with auditors, regulators, insurance providers and financial institutions.

Credit Management:

• Oversee the credit department and ensure robust credit policies are in place to assess customer risk and manage exposure.

• Approve credit limits and monitor receivables aging, past due accounts, and bad debt reserves.

• Collaborate with sales and operations to align credit decisions with business growth while protecting cash flow.

• Lead initiatives to improve DSO (Days Sales Outstanding) and reduce delinquency rates.

Operational Efficiency:

• Collaborate with commercial teams (sales and purchasing) and provide financial and administrative support and advice to drive strategic growth.

• Partner with operations to optimize cost of delivery, warehouse efficiency, and vendor terms.

• Lead cost-reduction and process improvement initiatives, including adoption of new technologies.

Qualifications:

• Bachelor's degree in Accounting, or related field and a MBA or CPA (or equivalent) is required.

• 15+ years of financial leadership experience, preferably in distribution, logistics, or supply chain.

• Strong knowledge of internal controls and risk management practices.

• Excellent analytical, communication, and leadership skills.