Johnstone Supply, The Balsan Group · 1 month ago
Chief Financial Officer
Philadelphia, PA
Full-time
Onsite
Director/ExecutiveJohnstone Supply is a leading HVAC-R distributor dedicated to growth, operational excellence, and providing top-tier service to our customers. They are seeking a strategic and experienced Chief Financial Officer (CFO) to lead financial operations, provide insights to senior management, and drive sustainable growth across the organization.
Wholesale
Responsibilities
Develop and execute the company’s financial strategy in alignment with overall business goals
Provide insights and recommendations to support strategic decision-making by the CEO and senior leadership
Lead annual budgeting and forecasting processes, including financial modeling and scenario planning
Ensure accurate and timely preparation of financial statements and reports for stakeholders, including the Board of Directors, investors, and regulators
Monitor financial performance, identify trends, risks, and opportunities, and provide actionable recommendations
Implement and maintain robust financial controls, policies, and procedures
Manage cash flow, liquidity, and working capital to support operations
Evaluate and recommend capital structure, financing options, and investment opportunities
Maintain relationships with financial institutions and investors to secure funding and optimize financial resources
Optimize financial operations to improve efficiency and reduce costs
Collaborate with other departments to align financial strategies with business goals
Drive process improvements, including procurement, payroll, and accounts management
Oversee implementation of financial systems and technology upgrades
Identify, assess, and mitigate financial risks
Ensure compliance with financial and regulatory requirements, including tax laws and accounting standards
Stay informed of industry trends and regulatory changes impacting financial operations
Lead financial due diligence, valuation, and modeling for M&A activities and partnerships
Provide guidance during negotiations, structuring, and integration of acquisitions or partnerships
Build and lead a high-performing finance team, fostering accountability, financial discipline, and professional growth
Promote financial literacy and awareness across the organization
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, or related field
Extensive experience in financial management, with proven success as a CFO or senior finance executive
Strong understanding of financial principles, accounting practices, and financial regulations
Excellent analytical and strategic thinking skills
Proficiency in financial modeling, forecasting, and reporting
Effective leadership, communication, and interpersonal skills
Experience in M&A transactions and strategic partnerships
Demonstrated ability to develop and implement business plans and financial goals
Knowledge of accounting and reporting practices
Ability to manage teams and coworker interactions with tact and diplomacy
Self-motivated, persistent, and results-driven
Preferred
Master's degree in Finance, Accounting, or related field
Professional certification such as CPA or CFA
Knowledge of the HVAC industry
Innovation management and strategic mindset
Proficiency in Microsoft Office and CRM software
Strong risk assessment and business intelligence skills
Company
Johnstone Supply, The Balsan Group
Johnstone Supply The Balsan Group employees have extensive HVACR knowledge and take part in ongoing training to ensure our customers are provided with superior customer service and solutions.
Founded in 1995
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase