
Chief Financial Officer
1 day ago
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, timesheet 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: 1218 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.
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