Hankey Group Of Companies - Los Angeles, CA
posted 3 months ago
The Chief Financial Officer (CFO) at Knight Management Insurance Services plays a pivotal role in shaping the financial strategy and direction of the company. This executive-level position is responsible for leading financial decision-making processes that significantly impact the organization. The CFO will provide strategic financial input to senior management, ensuring that the company maintains its financial health and adheres to best practices in accounting and financial management. The role requires a keen oversight of the overall accounting processes and the development and implementation of financial procedures that enhance operational efficiency and effectiveness. In this capacity, the CFO will execute the financial strategy of the company, manage financial controls, and oversee accounting procedures. Transparency in financial performance is crucial, and the CFO will ensure that all stakeholders are informed about the company's financial status. The role involves advising on strategies to increase revenue and reduce costs, as well as communicating potential risks in a timely manner. The CFO will also propose action plans to meet annual financial objectives and support the President in preparing monthly and annual financial plans. Additionally, the CFO will maintain the speed and accuracy of billings and client payments, coordinate the production of all necessary tax documentation, and ensure compliance with state filing requirements. Evaluating the adequacy of collateral held by reinsurers to cover potential liabilities and claims is also a critical responsibility. The CFO will oversee the company's capital structure, ensuring that financial resources are deployed efficiently to support the organization's goals.