Chief Financial Officer ( CFO )
About the role
Safehouse Security Solutions delivers comprehensive, high-level security services for corporations, celebrities, and VIPs worldwide. Safehouse is a trusted partner in creating security plans tailored to individual needs with expertise and professionalism. Safehouse ensures the safety and protection of its clients in a variety of situations and requirements. Our elite team is trained to deliver specialized protection strategies for unique client risks; committed to maintaining the highest standards of safety, service, and client peace of mind. Safehouse agents are well-equipped and prepared to handle any security challenge, skilled at managing high-stakes environments with precision and discretion. Safehouse personnel are supported with clear protocols, ongoing training, and a culture of operational excellence.
Responsibilities
- Financial Management: Oversee the company's overall financial operations and financial strategy. Prepare and monitor annual budgets and financial forecasts. Monitor cash flow, revenue, expenses, and profitability. Provide financial reports and recommendations to senior leadership. Track financial performance by client/account.
- Accounting & Reporting: Oversee bookkeeping, accounting, accounts payable, and accounts receivable. Ensure accurate and timely monthly, quarterly, and annual financial statements. Maintain proper financial records and internal controls. Coordinate with outside accountants and tax professionals. Ensure compliance with applicable tax and financial reporting requirements.
- Payroll & Labor Costs: Oversee payroll processing and payroll-related expenses. Monitor overtime, overtime trends, and labor costs. Review payroll against schedules and client billing. Ensure payroll expenses are properly allocated to the appropriate accounts. Analyze labor costs to help maintain account profitability.
- Client Billing & Revenue: Oversee client invoicing and collections. Ensure billing accurately reflects contracted rates, hours, overtime, special events, and additional services. Monitor outstanding invoices and follow up on overdue accounts. Review contracts and pricing from a financial perspective. Identify billing discrepancies and revenue leakage.
- Account Profitability: Analyze profitability for each security account. Compare revenue against guard wages, payroll taxes, workers' compensation, insurance, equipment, and other operating costs. Identify accounts with declining margins and provide recommendations. Assist leadership in determining appropriate pricing for new contracts and renewals.
- Risk & Compliance: Oversee financial controls and identify potential financial risks. Work with insurance providers and advisors regarding financial requirements. Monitor workers' compensation and other insurance-related expenses. Assist with audits and regulatory financial requirements. Help prevent fraud, payroll errors, and financial discrepancies.
- Strategic Support: Work closely with the CEO and Operations leadership on financial decisions. Provide financial analysis for expansion, new contracts, equipment purchases, and major expenses. Establish financial KPIs and regularly report results to leadership. Recommend cost-saving opportunities without negatively affecting service quality. Support long-term financial planning and company growth.
Mandatory Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- 15+ years of experience in accounting, finance, or financial management.
- Experience managing payroll, accounts payable, accounts receivable, and financial controls.
- Strong Excel and accounting software experience.
- Excellent analytical, organizational, and communication skills.
- Ability to analyze labor costs, client profitability, and company financial performance.
- Must be local to the Los Angeles area.
- Must agree to a background check.
Preferred Qualifications
- MBA, Master's in Finance, or Accounting preferred.
- CPA certification preferred.
- Experience with a security company is preferred.
- Experience in the security, staffing, or other labor-intensive industry strongly preferred.
Pay
Ranges from $110,000 – $150,000 (based on experience)