
Chief Financial Officer
DUTIES & RESPONSIBILITES
- Work closely with the CEO on identifying and executing on strategic growth initiatives. Collaborate effectively with CEO in analyzing market issues, trends and opportunities.
- Work with executive management team to develop and execute the company’s strategic growth plan.
- Identify and address financial risks and opportunities for the company.
- Evaluate, finance, and integrate potential acquisition targets.
- Oversee execution of Percent of Completion (POC) accounting method ensuring GAAP-compliant accounting practices.
- Identify opportunities to drive efficiencies in working capital, operating costs, and capital expenditures.
- Oversee the cost accounting systems and reports, and inventory management.
- Evaluate and oversee as necessary ERP upgrades and conversions.
- The CFO will have responsibility for all accounting, controls, financial reporting, budgeting, financial planning, and forecasting.
- Coordinate with the outside CPA firm and the annual audits.
- This individual will be a leader who will provide hands-on and day-to-day management of all financial functions and best practices. As a member of the core leadership team, the CFO will provide informed and objective counsel on business issues and will offer technical and experience-based advice to peer executives and staff. This role will require a background in a manufacturing environment or equivalent and preferred experience working in a private equity-backed entity. Along with the rest of the executive leadership team, this individual should be a strong and proactive advocate for value creation and company integration.
- Develop and maintain an effective set of operating performance tracking tools (KPIs and Dashboards).
Financial and Strategic Leadership
- Coordinate the overall financial activities of the company; lead corporate finance, cash management, tax strategy and regulatory compliance and planning, accounting reporting, planning and analytics, budgeting, forecasting, credit, AR/AP and payroll. Also, leading Banking relationships.
- Build a budgeting and analysis capability.
- Monitor and advise on trends that influence inventory planning and capital outlay.
- Ensure that information systems and reporting tools provide members with the information needed to make sound business decisions.
- Work with external auditors to be proactive and out front in making sure all financial statements are created accurately and on time.
- Manage and oversee company controller and other accounting in providing monthly financial updates.
- Manage vendor relationships and interviewing of potential vendors (i.e. health insurers, retirement planning, IT vendors, etc.).
- Maximize productivity of the company’s financial resources and optimize financial statements.
- Ensure appropriate risk mitigation through systematic risk assessment and risk mitigation tools and processes.