POSITION: Chief Financial Officer (CFO)

LOCATION/TRAVEL: Toledo, OH area

REPORTS TO: President and CEO

TRAVEL: Up to 15% domestic

POSITION SUMMARY:

Our client is seeking a Chief Financial Officer to join their machining business in the Toledo area! The right candidate will be a data-driven thought partner who works cross-functionally to help teams dive deeper into their financials. The CFO will be a key player in transforming the organization into a market-leading platform in precision components manufacturing. Backed by a robust commercial and operational strategy, our client is targeting $60M in revenue and 25%+ EBITDA within three years

JOB RESPONSIBILITIES:

• Develop and execute forward-looking financial strategy to support business transformation and scale revenue from $32M to $60M.
• Drive EBITDA margins to 25%+ through disciplined financial management, pricing optimization, and cost efficiency.
• Partner with President to align capital allocation with strategic priorities, including CapEx, automation, and Lean.
• Build data-driven FP&A framework to enable proactive decision-making.
• Develop and maintain robust forecasting, budgeting, and financial modeling tools.
• Monitor key metrics:
  • Revenue Growth Rate
  • EBITDA Margin
  • Operating Expense Ratio (<25%)
  • Working Capital Efficiency (DSO, DPO, Inventory Turns)
  • Capex ROI
• Maintain strong liquidity to support operational growth, M&A, and facility investments.
• Optimize working capital via strategic inventory, receivables, and payables management.
• Lead CapEx planning to align with business scalability.
• Lead cost reduction and margin expansion with operations and supply chain.
• Optimize product and customer-level profitability through dynamic pricing.
• Identify and drive margin expansion in core verticals: medical, aerospace, automation.
• Lead financial due diligence and modeling for strategic acquisitions targeting $5M EBITDA.
• Ensure seamless post-merger financial integration: systems, reporting, and cost structures.
• Capture synergies across acquired platforms to drive value creation.
• Uphold financial integrity with strong controls, accurate reporting, and audit readiness.
• Ensure compliance with regulatory, tax, and investor requirements.
• Lead enterprise risk management focused on market volatility, supply chain, and financial exposures.

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in finance, accounting, economics, or a related field.
• MBA with a focus on finance or accounting is preferred.
• 10+ years of progressive financial leadership, with at least 5 years as a CFO, VP of Finance, or equivalent in a manufacturing or industrial business.
• Proven experience scaling a mid-market company (preferably private equity-backed) to $50M+ in revenue.
•    Deep expertise in FP&A, cost accounting, working capital management, and M&A execution and a demonstrated ability to build FP&A discipline, processes, and teams from the ground up.
• Familiarity with Lean manufacturing environments, ERP systems, and financial reporting standards.
• Continuous Improvement (CI) Expertise with a proven track record of driving continuous improvement in top-tier business systems.
• Track record of achieving measurable improvements in gross margin, operating expenses rationalization, and working capital reduction.
• Extensive experience managing multiple acquisitions from diligence through integration.
• Professional certifications like CPA or CFA are highly valued.

Lean Focus LLC is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, sexual orientation, disability, or protected Veteran status.

COMPANY DESCRIPTION:

At Lean Focus, we help businesses overcome their biggest challenges by transforming them for the better, and for the long-term. A "who's who" of global leaders in every industry, our clients include some of the world's most respected brands and several members of the Fortune 1000.