Job Description
Job Title: Director of Finance
Location: Remote (US Based)
Reports To: VP of Finance or Managing Director
Direct Reports: Up to 3 PT/Contractor positions
Position Overview:
We are seeking an experienced and strategic Director of Finance to oversee financial performance and risk management across our diverse business portfolio at KIIT. This senior leadership position will report directly to the Managing Director and collaborate closely with the Board of Directors and Director of Operations, as well as subsidiary leadership. The ideal candidate will drive financial planning, forecasting, liquidity management, accounting, and portfolio risk mitigation, playing a crucial role in the alignment and governance of our portfolio of investments.
Key Responsibilities:
- Strategic Leadership & Governance:
- Lead strategic financial initiatives across the KIIT portfolio and subsidiaries, ensuring alignment with corporate goals and shareholder interests.
- Provide financial insights to the KIIT Board and subsidiary boards, offering recommendations for investments, capital allocation, and performance management.
- Manage a high-performing finance team of contractors.
- Foster collaboration between corporate leadership, subsidiary executives, and the board to ensure effective governance and performance.
- Financial Performance Reporting & Oversight:
- Oversee financial reporting processes, ensuring the accuracy and timeliness of financial statements for KIIT and its subsidiaries.
- Manage accounting functions end-to-end, including contractors, general ledger, AP, AR, payroll, and other functions, as needed.
- Prepare comprehensive financial reports for the KIIT Board and shareholders.
- Prepare detailed monthly and quarterly management reports for internal and external stakeholders.
- Financial Planning & Analysis (FP&A):
- Oversee the annual budgeting process and multi-year financial planning, ensuring alignment with corporate goals.
- Lead financial forecasting and modeling efforts, including sensitivity analysis, ROI, and break-even assessments.
- Provide financial analysis and actionable recommendations to senior management on financial performance.
- Monitor and report on enterprise value, ensuring long-term financial sustainability across all subsidiaries.
- Act as a liaison between subsidiary financial teams and corporate leadership for monthly, quarterly, and annual reporting.
- Liquidity & Treasury Management:
- Manage liquidity, cash flow, and treasury activities to ensure the financial stability of KIIT and its subsidiaries.
- Oversee banking, audit, tax, and legal relationships to maintain compliance with regulatory and legal requirements.
- Coordinate corporate tax planning, including multi-year strategies for corporate income taxes and other relevant financial matters.
- Portfolio Risk Management:
- Develop and implement risk management strategies to mitigate financial and operational risks across the portfolio.
- Maintain strong internal controls and governance to ensure compliance with regulatory standards and minimize financial risk.
- Corporate Development:
- Lead corporate development initiatives, identifying strategic investments and partnership opportunities aligned with KIIT’s portfolio strategy.
- Provide valuation modeling, investment case analysis, and due diligence support for both KIIT-sponsored and subsidiary-initiated investment opportunities.
Qualifications & Experience:
- Education: Bachelor's degree in Finance, Economics, Accounting, or a related field; MBA and/or CPA preferred.
- Experience:
- 7-10 years of progressive leadership experience in financial management, strategic planning, financial reporting, and risk management of portfolios.
- Robust experience managing general ledger, AP, AR, payroll, and other accounting-related functions.
- Proven expertise in leading financial planning, budgeting, and forecasting processes.
- Experience in corporate development and investment analysis, with a strong background in financial modeling, due diligence, and risk assessment.
- Strong knowledge of liquidity management, treasury functions, corporate taxation, and compliance.
- Skills & Competencies:
- Exceptional verbal and written communication skills, with the ability to communicate complex financial information succinctly to board members, executives, and other stakeholders.
- Experience in managing financial performance across subsidiaries.
- Ability to balance long-term vision with day-to-day financial management.
- Energetic, self-reliant, and highly collaborative, with the ability to build trust and influence stakeholders.
- Strong leadership and management skills with an entrepreneurial mindset.
Benefits & Compensation:
- Expected hiring range: $120K-$130K
- Bonus eligibility up to 15% of base salary.
- Health, dental, vision, FSA.
- Company-sponsored 401(K) plan with 3% employer contributions.
- Thirteen (13) paid holidays.
- Seventy (70) hours of paid sick days.
- Twenty-two (22) vacation days per year.
- Ability to work remotely.
If you are an experienced financial leader with a track record of driving and financial excellence in a dynamic environment, we invite you to apply and join our team at KIIT.
Job Tags
Holiday work, Full time, For contractors,