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Chief Financial Officer
Job Description
Chief Financial Officer
Hartford, CT | Full-Time, Onsite
Compensation: $140,000 – $175,000 plus full benefits package
About the Company
Our client is a multigenerational, family-owned retailer headquartered in Hartford County. Known for its product expertise and customer relationships, the company is navigating a changing retail landscape and is investing in stronger financial leadership to guide its next phase with an upcoming retirement.
The Opportunity
This is a hands-on CFO role for a finance leader who thrives on cash management. While the accounting function is well established, the company's biggest financial priority is treasury: forecasting, managing, and optimizing cash flow to support day-to-day operations and long-term decisions. You will be a trusted advisor to ownership and a key voice in several important strategic decisions over the coming months, including evaluating the company's physical footprint and operating model. This is an immediate opening for a leader who can make an impact quickly.
Key Responsibilities
- Own treasury and cash flow management, including weekly cash forecasting, disbursement planning, and working capital strategy
- Manage and strengthen banking and lender relationships, including the company's line of credit
- Lead cost/benefit analyses and provide clear recommendations on major strategic and facility decisions
- Oversee all accounting operations, financial reporting, budgeting, and the month-end and year-end close
- Improve inventory management and purchasing discipline, working with operations and purchasing to reduce excess stock and tie purchasing to demand
- Negotiate supplier terms and contracts, and build supplier scorecards and vendor performance metrics
- Develop SOPs, KPIs, and management reporting where none currently exist
- Maximize the use of the company's ERP system (Acumatica) to drive efficiency, visibility, and better data
- Oversee payroll, benefits administration, insurance, and IT coordination
- Work closely with outside legal and CPA advisors on tax, compliance, and entity matters
- Lead and develop a very small accounting team
Qualifications
- Bachelor's degree in Accounting or Finance
- Proven experience as Finance Leader or a Controller who is looking to take the next step in their career
- Demonstrated strength in treasury and cash management
- Experience in retail, distribution, or inventory-heavy businesses strongly preferred
- Working knowledge of inventory valuation, purchasing processes, and vendor negotiations
- Experience with a modern ERP
- Comfort building process and metrics in an environment that is ready for them
- Strong communicator who can partner with family ownership and external bankers and advisors
- Hands-on, pragmatic, and able to balance strategic planning with day-to-day execution
What We Offer
- Salary of $140,000 – $175,000, based on experience
- Full benefits package
- A senior leadership seat with direct impact on the company's direction
- Full-time onsite role
INDA
Meet Your Recruiter
Colin Paterson
Vice President, Accounting & Finance and Professional Services
Colin Paterson's journey from Central Connecticut State University to the world of recruiting is a testament to his determination to follow in his father's footsteps in the business world. With a strong competitive spirit cultivated through years of playing sports and a natural talent for building relationships, Colin seamlessly transitioned into the staffing industry.
With over 12 years of experience spanning diverse industries, including accounting/finance, administrative support, manufacturing/engineering/supply chain, and human resources, Colin has honed his expertise in connecting the right talent with the right opportunities.
In March 2017, Colin embarked on his career with J. Morrissey, and his dedication and strategic thinking quickly propelled him to the role of Vice President of Accounting/Finance and Administrative Support Group. In this capacity, he continues to make a significant impact, shaping the future of the company.
Beyond his professional pursuits, Colin is an avid traveler with a passion for exploring new places and cultures. While he may have come to terms with the fact that his aspirations of becoming a professional golfer will remain a hobby, his commitment to excellence and continuous growth remain unwavering.
Colin Paterson's story is a testament to the power of determination, competitive spirit, and building strong relationships to succeed in the business world.