Family Business CFO

Chief Financial Officer

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Confidential Position Description
Company Overview
We are seeking a proven financial leader to join the leadership team of a company built on a history of American made products, innovation, best-in-class service, and outstanding performance. The organization is forward-thinking with a culture that supports employee training & development and innovative solutions to provide the highest possible service to their customers. The company places a high value on its history and culture of respect and personal responsibility. With an eye for the future they seek a committed leader with a strong sense of the marketplace and a healthy intellect.
Our client, based in the Midwest, is a family-owned company that is proud to manufacture all of its products in the United States. The company operates three business units that employ well over 1,000 people; has revenues in the vicinity of $400m and runs 100% debt free.
The Chief Financial Officer is a vital position in the organization that oversees all fiscal functions in the business. More importantly, this position supports the legacy and continuity of family ownership. Beyond the financial duties of the position, the role is viewed as a long-term fiduciary and confidant to current and future generations of family leadership.
Position Summary
Reporting to the President, the Chief Financial Officer works with the Leadership team to ensure the business delivers on all customer and financial commitments. This position directs, manages and leads staff to ensure all programs receive professional and thorough financial support; establishes financial and program objectives and policies for the organization.
The CFO’s scope of responsibility will be to manage the organization’s fiscal function and performance, including: finance, strategic financial planning and due diligence, cash flow planning, organic and inorganic growth, and risk management. S/he will collaborate with Operations, HR, Legal and IT while also working in close cooperation with the President, CEO and senior executives to create plans and opportunities for the maximum benefit of the Company.
The CFO’s top priorities include:
Plan direct and control all financial processing and associated administrative functions.
Lead banking relationships and reporting.
Responsible for all audit and compliance reporting both external and internal.
Support strategies for organic and inorganic growth with an eye on thorough due diligence.
Increase company value through improved cash management and spending efficiencies.
Provide advice and recommendations on the financial implication of key business decisions, including: potential acquisitions, investments in new technology, market expansion, etc.
Implement and oversee risk management strategies and tools that enable opportunities for growth.

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