CFO Job at Gary A Thompson, Chicago, IL

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  • Gary A Thompson
  • Chicago, IL

Job Description

Chief Financial Officer

Position Overview

The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for overseeing all financial aspects. This role ensures financial integrity, drives profitability, supports expansion strategies, and maintains strong relationships with stakeholders, including investors, lenders, and vendors. The CFO will provide strategic financial guidance to the CEO and board of directors to support sustainable growth in a competitive retail environment.

Key Responsibilities

Financial Strategy & Leadership

  • Develop and execute financial strategies aligned with the company’s growth and operational goals.

  • Advise the CEO and executive team on long-term business and financial planning.

  • Establish performance metrics and dashboards to measure profitability, operational efficiency, and cost control.

Financial Operations & Reporting

  • Oversee financial planning, budgeting, forecasting, and reporting.

  • Ensure compliance with accounting standards, tax regulations, and legal requirements.

  • Present accurate and timely financial reports to the board and senior leadership.

  • Manage cash flow, working capital, and liquidity to support daily operations and future investments.

Retail-Specific Focus Areas

  • Optimize margins across categories by analyzing pricing, promotions, and supply chain costs.

  • Oversee inventory valuation, shrink management, and vendor payment terms to maximize profitability.

  • Support store expansion and remodeling initiatives with financial feasibility studies.

  • Monitor key retail KPIs such as same-store sales, gross margin return on investment (GMROI), and labor productivity.

Risk & Compliance Management

  • Implement robust internal controls, policies, and procedures.

  • Oversee risk management strategies, including insurance, credit exposure, and fraud prevention.

  • Ensure compliance with industry regulations

Team Leadership

  • Lead and develop the finance, accounting, and audit teams.

  • Foster a culture of accountability, continuous improvement, and ethical financial practices.

  • Partner with operations, merchandising, and supply chain leaders to align financial insights with business performance.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field; MBA or CPA/CFA preferred.

  • 10–15 years of progressive financial leadership experience, ideally in retail.

  • Proven track record in financial planning, analysis, and capital structure management.

  • Strong knowledge of retail operations, supply chain finance, and ERP/financial systems.

  • Exceptional analytical, communication, and leadership skills.

Key Competencies

  • Strategic thinker with operational pragmatism.

  • Strong business acumen with deep understanding of supermarket retail dynamics.

  • Ability to drive cost efficiencies while enabling revenue growth.

  • Excellent stakeholder management skills (investors, banks, suppliers).

  • High integrity, transparency, and commitment to ethical financial practices.

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