Description
Starbird Chicken (“Starbird) is a California-based quick service restaurant chain specializing in high-quality chicken dishes. Driven by our outstanding unit-level economics, we have partnered with exceptional private equity investors to grow our base of company-owned stores, and we have launched our franchise program to further accelerate growth.
We are seeking an experienced and strategic Chief Financial Officer to join our executive team and lead our financial operations as we expand our quick service restaurant chain through growth of company-owned and franchised locations. The ideal candidate will have a strong background in multi-unit finance, franchising, and scaling operations. The ideal CFO candidate is willing to be hands-on with a smaller venture backed company’s embarking on rapid growth.
Responsibilities:
Financial Leadership and Strategy
- Develop and execute the company's financial strategy to support our aggressive growth plans
- Ensure company has the needed accounting and finance team and processes in place
- Oversee all financial operations, including accounting, budgeting, forecasting, financial planning and analysis, treasury, and tax.
- Manage company contracts, construction expense and investment tracking, lease negotiations and administration
- Provide strategic financial input to senior management and the board of directors
- Lead capital raising efforts and manage relationships with investors and financial institutions
Franchising and Growth Management
- Develop financial models and projections for franchise expansion
- Oversee due diligence processes for new franchisees
- Create and implement financial systems to support franchisee operations and reporting
- Analyze potential markets for company-owned expansion opportunities
- Develop and maintain new store prototype models to aid in the selection and approval of potential new sites
- Lead company budgeting and forecasting process
Operational Finance
- Optimize cash flow management across corporate and franchised locations
- Implement cost control measures and improve operational efficiency
- Manage risk and insurance programs
- Oversee internal controls and compliance with financial regulations
Reporting and Analytics
- Develop comprehensive financial reporting systems for management and franchisees
- Provide data-driven insights to guide business decisions and strategy
- Oversee the preparation of financial statements, business activity reports, and forecasts
- Oversee company financial statement audit and tax filings
Requirements
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field; MBA a plus
- CPA certification highly desirable
- 10+ years of progressive financial management experience, with at least 5 years in a senior leadership role
- Experience in the restaurant industry, preferably in quick service or fast casual concepts
- Strong understanding of franchising models and multi-unit operations
- Proven track record of scaling financial operations in high-growth environments
- Excellent analytical and problem-solving skills
- Strong leadership, team building, and communication abilities