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Chief Financial Officer - To 72/hr - Remote - (1099/Contract) - Job 3449

Chief Financial Officer – To $72/hr – Remote – (1099/Contract) - Job # 3449

Who We Are

The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!

We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.

The Position

Our bank client is seeking to fill a Remote 1099/Contract Chief Financial Officer role.  They are seeking a dynamic, innovative individual to oversee all the bank’s accounting functions. This senior leader will have a track record of providing successful growth strategies for various banks. They will guide the organization’s financial area toward growth and expansion.

The opportunity has a generous hourly rate of up to $72/hr and a benefits package. (This is a remote position).

Chief Financial Officer responsibilities include:

  • Directing all financial activities, including reporting, planning, supervision, and investments for all the organization.
  • Helping the Executive Team in forecasting, budgeting, and preparing for the next level.
  • Preparing and filing annual tax returns or preparing financial information so that outside accountants can complete tax returns.
  • Preparing or directing the preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
  • A member of or Chairman of the bank’s ALCO committee.
  • Supervising employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Maintaining current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
  • Conducting or coordinating audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
  • Receiving, recording, and authorizing requests for disbursements in accordance with company policies and procedures.
  • Monitoring financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.
  • Monitoring and evaluating the performance of accounting and other financial staff, recommending, and implementing personnel actions, such as promotions and dismissals.
  • Coordinating and directing the financial planning, budgeting, procurement, or investment activities of all or part of the organization.
  • Developing internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Analyzing the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
  • Evaluating needs for procurement of funds and investment of surpluses and making appropriate recommendations.
  • Leading staff training and development in budgeting and financial management areas.

Who Are You?

You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

  • Bachelor’s degree in finance and accounting from a four-year college or university required (Master’s Degree Preferred).
  • CPA designation preferred.
  • Must have extensive experience with a bank of at least $5B in assets 
  • Seven or more years of related experience and/or training; or equivalent combination of education and experience.
  • Proficient in PC software such as Excel, Word, and Access.
  • Excellent attention to detail and emphasis on accuracy.
  • Excellent communication skills: verbal, listening, and written.
  • Ability to work well under pressure, set priorities, meet deadlines, and resolve highly complex financial problems.

The next step is yours. Email us your current resume along with the position you are considering to:

resumes@symicorgroup.com

Average salary estimate

$149 / YEARLY (est.)
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$149K
$149K

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What You Should Know About Chief Financial Officer - To 72/hr - Remote - (1099/Contract) - Job 3449, The Symicor Group

The Chief Financial Officer (CFO) role at The Symicor Group offers an exciting opportunity for a dynamic leader who is ready to make a significant impact in a remote setting. With a competitive pay rate of up to $72 per hour, this 1099 contract position allows you to direct all financial activities for our bank client. Here, you will play a crucial role in reporting, planning, supervision, and investments. You will collaborate closely with the Executive Team to develop robust forecasting and budgeting strategies. If the thrill of preparing comprehensive financial statements, ensuring compliance with regulations, and conducting audits excites you, then this role is indeed worth considering. You will also have the chance to guide accounting staff, coordinate financial planning, and develop internal control policies that are vital for the organization's growth. A solid foundation in banking operations, with a preference for candidates holding a Master’s degree or CPA designation, will be essential, especially with extensive experience in banks with at least $5 billion in assets. If you are passionate about financial management and have a keen eye for detail, then this position might just be the next big step in your career. Join us, and let’s work together to shape the financial future of our client!

Frequently Asked Questions (FAQs) for Chief Financial Officer - To 72/hr - Remote - (1099/Contract) - Job 3449 Role at The Symicor Group
What responsibilities will the Chief Financial Officer at The Symicor Group have?

As the Chief Financial Officer at The Symicor Group, you will oversee all financial activities, including reporting, planning, and supervision of investments. You will play an essential role in guiding the organization towards growth through strategic financial forecasting and budget preparation.

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What qualifications are required for the Chief Financial Officer position at The Symicor Group?

To be considered for the Chief Financial Officer role at The Symicor Group, candidates must hold a Bachelor’s degree in finance or accounting, with a Master’s degree preferred. Additionally, a CPA designation and at least seven years of experience, particularly in banks with a minimum of $5 billion in assets, are strongly recommended.

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How will the Chief Financial Officer contribute to The Symicor Group's client growth?

The Chief Financial Officer will be instrumental in developing successful growth strategies for our bank client. By conducting thorough analyses of financial operations and identifying areas for improvement, you’ll steer the organization toward expansion and enhanced profitability.

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Is the Chief Financial Officer role at The Symicor Group remote?

Yes, the Chief Financial Officer position at The Symicor Group is entirely remote, providing greater flexibility for candidates looking to balance their professional and personal lives while contributing to a prestigious banking client.

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What skills are essential for a successful Chief Financial Officer at The Symicor Group?

Key skills for success as the Chief Financial Officer at The Symicor Group include attention to detail, excellent communication abilities, proficiency in financial software like Excel and Word, and the capacity to work under pressure while tackling complex financial issues.

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Common Interview Questions for Chief Financial Officer - To 72/hr - Remote - (1099/Contract) - Job 3449
How do you approach budgeting and forecasting in your role as a Chief Financial Officer?

When budgeting and forecasting, I focus on aligning financial goals with the organization's strategic vision. I analyze historical data, consider market trends, and engage with key stakeholders to develop realistic targets that foster growth.

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Can you discuss a successful financial strategy you implemented in a previous role?

In my last position, I implemented a cost-reduction strategy that streamlined operations, resulting in a 15% decrease in expenditures. By reallocating resources and prioritizing efficiency, we improved overall financial health and profitability.

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What tools and technologies do you use for financial reporting?

I utilize advanced financial software such as ERP systems and BI tools for real-time reporting. These tools enable me to compile accurate financial statements and provide insights that help drive informed decision-making.

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How do you ensure compliance with financial regulations?

I ensure compliance by staying up-to-date with all federal and state regulations. Regular audits and continuous training for my team help reinforce the importance of adherence to legal requirements and internal policies.

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How do you prioritize your tasks as a Chief Financial Officer?

I prioritize tasks based on urgency and impact on the organization’s financial goals. Utilizing project management tools helps me maintain visibility on all critical tasks while ensuring that deadlines are met effectively.

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Describe your leadership style when managing a finance team.

I adopt a collaborative leadership style, encouraging open communication and trust within my finance team. By fostering an environment where team members feel valued, I empower them to share ideas and take ownership of their projects.

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What experience do you have with fraud detection and prevention?

I have implemented robust internal controls and regular audits aimed at detecting and preventing fraud. Training staff on compliance measures and encouraging a culture of transparency also play a pivotal role in safeguarding financial integrity.

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How do you stay current with financial trends and regulations?

I stay informed by regularly participating in industry workshops, subscribing to financial publications, and being actively involved in professional networks and associations related to banking and finance.

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Can you provide an example of how you've handled a financial crisis?

During a financial crisis at my previous organization, I led a comprehensive review of expenditures and reassessed our revenue streams. By crafting an aggressive turnaround strategy, we navigated through the crisis successfully, restoring stability within six months.

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What motivates you in your role as Chief Financial Officer?

I am deeply motivated by the opportunity to influence organizational success through financial strategy. Helping teams thrive and witnessing the impact of informed decision-making on overall performance is immensely fulfilling for me.

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Bankers Recruiting Bankers - The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago. Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients... from ...

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Contract, remote
DATE POSTED
December 21, 2024

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