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Job Survey: Cheif Financial Officer

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Location: Santa Ana, CA
Company: Tait & Associates, Inc.
Experience: Executive
Highest Level of Education: Undergraduate Degree



Job Responsibilities
I manage the Finances and Operations of a 250 person, privately held, Architectural/Engineering/Environmental Company, serving the Western United States. I report to the CEO, and am responsible for profitablity of the company, as well as maintaining our financial position. Half of my time is spent working with Department Director's assisting them in managing their groups. A quarter of my time is spent reviewing and approving financial and other management reports before they are published. The balance of my time is spent searching for better metrics with which to analyze current and predict future performance, enhancing employee benefits packages, whatever is important to our growth and profitability.
Job Requirements
I am in the first year of my EMBA Program. The classes are preassigned, so there is no problem getitng classes. The quality has been very good to date. I am amazed at how much material can be covered (and learned) in a semester. Grading is fair, and the professors are a step above what I have been exposed to in the past. Workload is manageable, along with a full time job and family.
Uppers
Implementing new programs to increase profitability. Developing new metrics to analyze and predict performance. Turning around a division of the company as needed to increase or maintain profitability. Analyzing small companies that fit our business model for possible acquisition.
Downers
Downsizing, sometimes required when a division has peaked due to an external shock that temporarily increased our business, or due to the normal business cycle.
Lifestyle
I work 45 to 50 hours per week, Monday thru Friday. I travel for business approximately 6 times per year, normally 2 day trips to visit a regional office. I attend our Corporate Christmas party, and at least one of our Regional Office Christmas Parties, an annual weekend Corporate Retreat for managers, and impromptu staff luncheons once a month. Dress code is business casual.
Compensation
Base between $100,000 - $150,000. Bonus from $25,000 - $50,000. Standard benefits package, including Health Insurance, vacation, 401(K) etc.
Advice to Jobseekers
Start out in an accounting department and learn the numbers side of the business, including financial statements. Then try to get a position in operations, where you direct P & L responsibility. Understanding both sides of the business is critical to beconing an effective CFO or Business Manager.

This Cheif Financial Officer career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

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