POSITION: Chief Financial Officer (CFO)

LOCATION/TRAVEL: Toledo, OH or Greenville, SC  

REPORTS TO: Chief Executive Officer (CEO)

TRAVEL: Up to 15% domestic

POSITION SUMMARY:

Our client is seeking a Chief Financial Officer to join their industrial manufacturing 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 build FP&A discipline and processes to proactively evaluate operational, commercial, and financial metrics to achieve $12M EBITDA organically within three years. They will oversee cash flow in a highly variable, engineered-to-order, project-based business while strategizing investments for organic growth and M&A. The CFO will be a critical member of the leadership team responsible for shaping and executing the strategic planning process.

JOB RESPONSIBILITIES:

• Developing and implementing financial strategies to support business growth and profitability
• Aligning financial goals with overall business objectives through collaboration with the President and executive team
• Enhancing revenue, profit, and cash flow forecasting processes
• Planning resource allocation effectively to support growth periods
• Analyzing cost structures to identify opportunities for margin improvement and implementing strategies to optimize net working capital while reducing operating expenses
• Identifying and prioritizing KPIs that drive performance; ensuring the finance team focuses on metrics aligned with strategic goals
• Formalizing M&A processes and leading the acquisition process from due diligence to integration
• Ensuring accurate and timely financial reporting in compliance with regulations
• Driving efficiency in administrative functions such as IT, legal, and insurance to support organizational growth and OpEx
• Providing insightful analysis and reports to support decision-making
• Identifying potential financial risks and developing mitigation strategies
• Maintaining a robust internal control environment to safeguard company assets

EDUCATION AND EXPERIENCE:

·       Bachelor’s Degree in Accounting, Finance, or Economics required; MBA or similar preferred

·       Professional certifications (CPA or CFA) preferred

·       8+ years of professional experience in accounting with significant time spent in leadership roles

·       Proven experience leading financial transformation in a small (<$70M revenue) industrial business

·       Proven experience in strategic planning, setting clear goals, and guiding teams towards achieving long-term objectives

·       Demonstrated ability to thrive in smaller, resource-constrained environments with immature business processes and teams

·       Demonstrated ability to build FP&A discipline, processes, and teams from the ground up

·       Track record of achieving measureable improvements in gross margin, operating expenses rationalization, and working capital reduction

·       Experience scaling resources during period of strong growth while maintaining profitability and ROIC targets

·       Extensive experience managing multiple acquisitions from diligence through integration

·       Experience in a Lean-disciplined business and exposure to Continuous Improvement principles such as Strategy Deployment, Value Stream Mapping, 6S, Standard Work, Problem Solving, Kanban, Visual Daily Management, 80/20

·       Strong financial acumen with experience in budgeting, forecasting, and financial analysis

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.