Chief Financial Officer
12 hours ago
Job Description Job Title: Chief Financial Officer Department: Finance & Accounting Work Location: Plot, No. 11-A17, SIPCOT IT Park, Fifth Cross Rd, Chennai, Tamil Nadu 603103 Work timings: 7:30 PM - 4:30 AM IST (Fixed Saturday & Sunday Week offs) Company LinkedIn URL- https://in.linkedin.com/company/w3global About The Role We are seeking an experienced Chief Financial Officer (CFO) with deep expertise in the US Staffing & Recruitment industry. The CFO will be a strategic business partner responsible for driving financial performance, ensuring compliance with US labor and tax regulations, and guiding long-term business growth. The role requires strong knowledge of payroll funding, vendor management, client billing cycles, and compliance with US employment laws. Responsibilities Financial Strategy & Leadership - Develop and implement financial strategies aligned with business objectives in the staffing domain. - Partner with the CEO and leadership team to support decision-making, profitability, and growth. - Provide insights into revenue forecasting, client profitability, and operational efficiency. Accounting & Compliance - Oversee accounting operations, payroll, and billing specific to US staffing contracts (W2, C2C, 1099). - Ensure compliance with GAAP, US labor laws, IRS regulations, and state tax requirements. - Manage audits, statutory filings, and regulatory reporting. Budgeting & Forecasting - Prepare annual budgets, quarterly forecasts, and financial models. - Monitor cash flow, working capital, and funding requirements, especially for payroll cycles in staffing. - Develop financial KPIs and dashboards for management reporting. Risk Management - Assess and mitigate financial risks, including client credit exposure and vendor agreements. - Ensure proper insurance, legal, and compliance coverage for US staffing operations. Operational Excellence - Streamline billing processes, payroll funding, time sheet approvals, and vendor payments. - Implement cost-control initiatives without compromising service delivery. - Oversee ERP/financial systems integration with staffing platforms (e.g., Bullhorn, Workday, NetSuite, QuickBooks, etc.). Team Leadership - Build, mentor, and lead the finance team across geographies (onsite/offshore). - Foster collaboration with HR, Operations, and Sales teams for smooth payroll and compliance management. Key Skills & Qualifications - Education: CPA, CFA, MBA (Finance) or equivalent preferred. - Experience: 12 - 18 years in Finance, with at least 5+ years as a senior finance leader in the US Staffing / Recruitment industry. - Strong understanding of US payroll, taxes, funding models, and compliance requirements. - Proven expertise in financial planning, cash flow management, and investor reporting. - Experience managing vendor relationships, banking, and funding partners. - Excellent leadership, communication, and stakeholder management skills. Preferred Knowledge - Familiarity with staffing models: W2, C2C, 1099, and SOW contracts. - Experience working with MSP/VMS platforms (Fieldglass, Beeline, etc.). - Knowledge of immigration-related cost structures (H1B, OPT, Green Card). Compensation & Benefits - Competitive executive salary + performance-based bonus. - Equity/ESOP options may be offered for the right candidate. - Comprehensive healthcare, retirement plans, and other benefits. About Company At W3Global, we stand at the forefront of staffing excellence, committed to a singular mission: streamlining the recruitment journey to connect the ideal candidate with the perfect role, precisely when it's needed. - Established in the year 2006, we have grown into a trailblazing staffing entity, with an expansive footprint across 6 countries (USA, Canada, UK, India, Poland, and Australia) and growing and a resounding global presence that echoes from our headquarters in Frisco, Texas. - Over the past 15+ years, we've undergone an extraordinary evolution, transcending our humble beginnings of just four individuals to blossom into a dynamic team of 500+ employees. This journey has propelled us into a prominent role as premier providers of recruitment and staffing solutions across a spectrum of industries, ranging from IT, accounting/finance, legal, engineering, government, and human resources, all the way to executive staffing. Our dedication is clear: placing people in positions where they thrive.
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