Chief Financial Officer

FLSA Status: Exempt
Reports to: Chief Executive Officer
Department: 403—Executive

The Chief Financial Officer (CFO) role is accountable for the administrative, financial, and risk management operations of Independent Publishers Group (IPG), to include the development of a financial and operational strategy, metrics tied to that approach, and the ongoing development and monitoring of control systems designed to preserve company assets and report timely and accurate financial results. Principal accountabilities are:

Planning & Financial Information:

  • Assist in formulating the company's future direction and supporting tactical initiatives
  • Monitor and direct the implementation of business plans
  • Develop financial and tax strategies
  • Develop the capital request
  • Maintain the budgeting processes
  • Oversee the issuance of financial information
  • Report financial results to the board of directors
  • Develop performance measures that support the company's strategic direction
  • Monitor cash balances and cash forecasts
  • Arrange for debt and equity financing
  • Filing of quarterly GST/HST taxes as well as monthly Illinois sales taxes
  • Purchase future, forward, and intraday spot contracts for oversees procurements

Operations

  • Participate in key decisions as a member of the executive management team
  • Maintain in-depth relations with all members of management
  • Manage the Accounting and Human Resources department
  • Oversee the financial operations of all subsidiary companies within the Chicago Review Press umbrella
  • Manage any third parties to which functions have been outsourced including but not limited to; external auditors and banks
  • Oversee the company's transaction processing systems
  • Implement operational best practices
  • Oversee, in conjunction with Human Resources, employee health and retirement plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition due diligence and participate in such negotiations

Risk Management

  • Understand and mitigate key elements of the company's risk profile
  • Monitor all open legal issues involving the company, and legal issues affecting the industry
  • Construct and monitor reliable control systems
  • Maintain appropriate insurance coverage
  • Ensure that the company complies with all legal and regulatory requirements
  • Ensure that record keeping meets the requirements of auditors and government agencies
  • Investigate external audit findings and recommendations

Desired Qualifications

Ideal candidates of the chief financial officer should have a master's degree in accounting, finance, or business administration, or equivalent business experience and 10+ years of progressively responsible experience. Should have experience in partnering with an executive team, and have a high level of written and oral communication skills. Strong leadership and an analytical mindset are desired. Preference will be given to candidates with an MBA in Finance and the Certified Public Accountant or Certified Management Accountant designations.

The goal of this role is to protect the company’s revenues and profits to achieve full financial control and sustainable. The CFO is responsible for tasks listed above and all other essential duties as assigned.

Interested and qualified candidates with a background in media and/or publishing should submit their cover letter, résumé, and salary requirements  to Jessie Jonik at jjonik@ipgbook.com. No phone calls, please.