Chief Financial Officer - DRB Systems

Vontier • Full-time • Akron, OH, US • 2w ago

As the CFO for DRB, you will be responsible for overseeing and managing the financial activities to ensure the company's continued success. As a key member of the executive leadership team, the CFO plays a critical role in shaping the company's financial strategy while ensuring financial health and sustainability. We're looking for a highly motivated, results-oriented finance professional with a track record of proven operational financial support driving the business to overall financial success.

This opportunity will be based in Akron, OH. It is not remote role.

What You Will Do

Partner with functional and business unit leaders in conducting detailed financial and business analyses to identify potential problems, determine root causes, and recommend appropriate solutions.
Develop and execute financial plans and strategies aligned with the company's long-term goals and vision.
Conduct financial analysis and forecasting to identify potential risks and opportunities for growth.
Lead the development and maintenance of forecasting processes that accurately predict future performance and motivate actions to ensure the company hits agreed-upon targets.
Assess the financial impact of business decisions and recommend appropriate courses of action.
Partner with Sales Operations to develop accurate top and bottom-line forecasting.
Lead the annual budgeting process and ensure budgetary discipline across the organization
Serve as a strategic business partner to the President through the development and implementation of the annual strategic plan as well as the development and deployment of long-term strategic plans
Implement cost savings initiatives, when necessary, without compromising the company's quality and efficiency
Oversee and prepare accurate and timely financial reports to the executive team and key stakeholders, including Vontier finance team
Evaluate investment opportunities and make informed decisions to maximize returns on investments
Lead due diligence and financial evaluation of potential acquisition targets, integration of new business units
Identify and assess financial risks and develop risk management strategies to mitigate potential negative impacts
Manage cash flow and liquidity to meet the company's operational needs
Optimize cash reserves and investments to generate returns while ensuring adequate liquidity
Ensure compliance with relevant financial regulations, accounting principles, and tax laws
Maintain strong internal controls to safeguard the company's assets and financial information
Oversee the tech strategy and how best our resources can be invested to support the organization and delight the end user
Provide strong leadership to the finance, accounting, operations, and IT teams and mentor/coach to develop team members to grow professionally

Who You Are

8-12 years of experience with a mix of Big 4 and industry experience in a prior financial leadership role
A Bachelor's degree in business, finance, or accounting; an MBA is a plus; CPA desired
Deep understanding of financial management, accounting principles, and financial analysis
Experience working with a SaaS/ ARR business
Prior experience in a complex business that manufactures devices & experience with software & payments revenue
Proven experience building and leading a world-class Finance and Accounting team in a highly entrepreneurial, rapidly growing environment
Experience with ERP (Enterprise Resource Planning) systems
Skilled at designing and implementing processes that are efficient, SOX compliant, and scalable
Strategic thinking and the ability to provide insightful financial advice to the executive team
Effective problem-solving and analytical skills
Excellent communication and presentation skills, both written and verbal.
Has a detailed working knowledge of GAAP and SOX
Demonstrated success partnering and collaborating internally and externally with executive level management, and with all functions of an organization

As the car wash technology leader for 40 years, DRB is the ultimate partner for operators who seek rapid ROI, unparalleled membership growth and unwavering reliability. Our technology is designed to give operators the tools they need to maximize their car wash investments. From groundbreaking point-of sale technology to marketing automation that drives traffic, DRB enables data-led business decisions and scalability that helps car washes thrive while delivering extraordinary customer experiences. Choosing DRB means connecting with a partner that is A Vontier Company committed to car wash business success.

Who Is Vontier

Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.

"Vontier Corporation and all Vontier Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, ancestry, sex (including pregnancy, childbirth and related medical conditions), age, marital status, disability, veteran status, citizenship status, sexual orientation, gender identity or expression, and other characteristics protected by law."