Chief Financial Officer

About Johnstone Supply:

Johnstone Supply is a leading HVAC-R distributor dedicated to growth, operational excellence, and providing top-tier service to our customers. We are seeking a strategic and experienced Chief Financial Officer (CFO) to lead our financial operations, provide insight and guidance to senior management, and drive sustainable growth across the organization.

Position Overview:

As CFO, you will oversee all financial activities and strategies of the company. You will play a pivotal role in shaping the company’s financial direction, ensuring sound financial management, and supporting strategic decision-making. This role includes supervisory responsibilities over the finance and accounting teams, treasury, and other relevant areas.

Key Responsibilities:

Financial Strategy & Planning

• 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.

Financial Reporting & Analysis

• 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.

Cash Flow & Capital Management

• 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.

Operational Leadership

• 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.

Risk Management & Compliance

• 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.

Mergers & Acquisitions (M&A) and Strategic Partnerships

• Lead financial due diligence, valuation, and modeling for M&A activities and partnerships.
• Provide guidance during negotiations, structuring, and integration of acquisitions or partnerships.

Team Leadership & Development

• Build and lead a high-performing finance team, fostering accountability, financial discipline, and professional growth.
• Promote financial literacy and awareness across the organization.

Qualifications:

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.

Work Environment & Physical Requirements:

• Primarily office-based with extended periods of sitting at a desk and computer use.
• Occasional lifting of items up to 20 lbs and walking within office spaces.
• Requires good vision for computer work and adequate hearing for phone/video calls.

Johnstone Supply is an equal opportunity employer. We value innovation, accountability, and collaboration and seek a CFO who shares our commitment to excellence and growth.