Our client is a nationwide multigenerational family-owned business with over 2000 employees. Their culture revolves around people: their employees, customers, partners, and family. They are committed to integrity, doing things right, and are dedicated to exceptional customer service, improving every day, and building strong relationships based on mutual respect.
Our client seeks a strategic Chief Financial Officer who will be a vital executive leadership team member, playing a critical role in driving the organization toward its goals and financial success. As the steward of the company’s financial health, the CFO will work closely with the President and other leaders to develop and implement the company’s vision, ensuring a sustainable and prosperous future. They will serve as a cross-functional value-added partner in analysis, strategy, business decisions, and problem-solving. The CFO will actively participate in the company’s future visioning as it grows organically and through strategic acquisitions. They will direct all administrative and strategic aspects of financial activities and advise on major economic objectives, policies, and opportunities. This is an opportunity to greatly impact an already successful company.
This position reports to the President and has five direct reports.
The CFO will be a visible servant leader, an excellent communicator, and an influencer that drives a high-performance culture. They will be responsible for making decisions that lead to achieving financial and non-financial goals ensuring stability and a long-term future. As a cross-functional leader, the CFO will collaborate with various departments to promote operational efficiency, cost control, and innovation and be instrumental in providing data-driven insights that inform key decision-making and enable the company to seize growth opportunities, effectively manage and optimize financial resources, create accurate forecasts, and mitigate risks. They will investigate potential growth opportunities using analysis and insight to determine benefits and risks. By fostering a culture of accountability and continuous improvement, the CFO will empower the finance and accounting teams to drive the organization’s success. The ideal candidate will be an accomplished financial leader with well-developed emotional intelligence. They will be humble, open-minded, hands-on, a strong collaborator, and passionately people-focused. A career history should include cross-functional experience in finance, operations, strategic planning, and mergers and acquisitions.
The CFO will be responsible for the day-to-day financial affairs of the company. The CFO’s responsibilities will be broad and include coaching and mentoring a collaborative team, as well as helping the company’s leadership build a roadmap for a successful future.
- Work with the President to explore new investment opportunities and provide recommendations on potential returns and risks. Conduct due diligence, develop a financial strategy, and support budget planning for merger and acquisition targets.
- Develop company and finance organizational strategies by contributing financial and accounting information, analysis, recommendations, strategic thinking, and direction.
- Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.
- Develop financial strategies by creating a budget, forecasting capital, facilities, and staff requirements, identifying monetary resources, and developing action plans.
- Responsible for all matters as they relate to finance, accounting, budget management, cost-benefit analysis, forecasting, return on investment, return on equity, and return on capital deployed/employed.
- Collaborate and consult with other departments and oversee the development of FP&A including financial forecasts that encompass sales projections, costs, inventory levels, and cash flow management. Continually monitor and adjust forecasts in response to evolving market dynamics, thereby maintaining accuracy, agility, and resilience.
- Analyze results, initiate corrective actions, and minimize the impact of variances.
- Maximize profitability in existing operations and identify and build new growth platforms.
- Ensure clear communication between finance and operations. Proactively bring strategic finance thought partnership through best-in-class financial expertise, and insights from industry to tactical and strategic business initiatives.
- Help to determine sales, service, and customer-service strategies.
- Evaluate current processes and systems and propose changes for automating and increasing efficiency.
- Establish, monitor, and report on critical measurements which summarize and forecast business activity and the company’s financial position including but not limited to revenue growth, gross profit margin, operating profit margin, net profit margin, and EBITDA.
- Identify, assess, and mitigate financial risks, including interest rate, currency, credit, and operational risks, to protect the company’s financial stability and performance.
- Oversee the management of current assets and liabilities, ensuring adequate liquidity to cover short-term obligations and operational needs. Develop and maintain systems of internal controls to safeguard financial assets.
- Monitor real estate, property, inventory, equipment, and technology investments, ensuring alignment with long-term strategic goals.
- Represent the company and build relationships with banks, other financial institutions, CPAs, attorneys, insurance and benefits providers, and other business stakeholders.
- Ensure timely and accurate financial reporting, while maintaining compliance with relevant accounting standards, tax laws, and regulations.
Leadership and Management:
- Coach and mentor. Create an atmosphere of open communication, mutual trust, and respect that fosters a growth mindset where team members feel appreciated and empowered to share ideas, learn from one another, and contribute to the organization’s success.
- Drive performance and hold the team accountable by setting clear expectations and providing regular feedback and guidance, establishing a robust performance management system that tracks key performance indicators (KPIs) and ties them to individual and team goals.
- Develop an internal talent pipeline through succession planning and career pathing. Recruit, train, coach, and promote people based on their talents, goals, and the company’s needs.
- Minimum of 10 years of experience in senior-level finance positions with responsibility for the day-to-day financial operations of an organization of at least $500M in annual sales.
- Financial acumen and analysis skills including P&L, budget creation, pricing strategies, and the ability to create accurate revenue forecasting models.
- Merger and acquisition experience.
- Demonstrated ability to motivate and lead cross-functional teams in a matrix organization.
- Exemplary interpersonal skills, including executive presence and the ability to establish and maintain rapport and trust with stakeholders at a variety of levels, both internal and external to the company.
- Strong verbal communication skills, including the ability to present and explain complicated information in a way that is clear and concise.
- Be a high achiever who is dedicated, passionate, fun, organized, gets the job done, and is adaptable to a well-developed team.
- Resourceful and creative, possessing the ability to work with and adapt to all kinds of people.
- A “roll-up your sleeves” leader with a strong work ethic.
- A bachelor’s degree in finance, economics, accounting, or business is required, and a master’s degree in business, finance, or management is highly preferred.
All inquiries should be emailed to: