Location: American Magic High-Performance Center in Pensacola, Florida
Reports to: Chief Executive Officer, American Magic Services
Overview:
American Magic is a multi-platform high-performance organization with roots as the U.S. America’s Cup team and a future that spans advanced manufacturing, elite global sport, and a mission to promote the sport of sailing and sailing excellence. We are seeking a Chief Financial Officer to serve as a strategic and operational partner to the CEOs and leadership teams, overseeing finance across three distinct but interrelated platforms:
1. American Magic Services (AMS) – A manufacturer and designer of carbon fiber parts and products for the aerospace and marine markets;
2. ROCKWOOL Racing (Danish SailGP Team) – A recently acquired global professional sports team competing in the fast-growing SailGP league; and
3. American Magic 501(c)(3) – A nonprofit organization supporting high- performance sailing in the U.S.
The CFO will play a critical role in centralizing and establishing finance operations and helping drive the long-term achievement of business, sporting and financial objectives across these platforms.
Key Responsibilities:
Enterprise Financial Leadership
- Provide financial leadership across all American Magic entities, ensuring clarity, discipline, and alignment across for-profit and nonprofit structures
- Centralize financial activities and establish strong financial processes and a control framework
- Explore the opportunity to add the support of a part-time or outsourced accounting/bookkeeping resource
- Implement and manage financial systems
- Act as a trusted advisor to the CEOs on capital allocation, growth investments, risk management, cost control, and long-term strategy
- Build financial frameworks and reporting that actively manage cash and allow leadership to make informed decisions, balancing the objectives across the platforms
- Manage and optimize insurance coverage for American Magic
- Work closely with external partners (auditors, tax advisors, legal counsel, banking relationships
American Magic Services (Advanced Manufacturing & Design)
- Lead financial planning, accounting, reporting, and forecasting for a ~$7M revenue business with strong growth ambitions toward ~$20M+
- Support scaling from ~40 employees to 100+ by implementing robust project accounting, labor efficiency, and margin management systems
- Partner with the operating team to:
-Enhance project profitability through project costing, costing management, bid pricing and contract structures
-Assess capital expenditures, tooling investments, and facility utilization as part of its growth strategy
ROCKWOOL Racing (SailGP Team)
- Lead financial operations and reporting for a global professional sports team with ~$7M in revenue
- Support CEO and Chief Sales Officer with:
-Sponsor ROI modeling and reporting
-Model financials tied to new sponsorships or cost cap changes
- Support team to achieve profitability while improving racing performance American Magic 501(c)(3)
- Ensure strong governance, compliance, financial stewardship, and reporting of the nonprofit entity
- Oversee budgeting, reporting, and donor-restricted fund management
- Coordinate clean and appropriate financial boundaries between the nonprofit and for-profit entities
- Support transparency and credibility with donors, partners, and board members
Experience & Background:
- 10+ years of progressive financial leadership experience, including time as CFO, Finance Director, or senior finance leader
- Strong preference for experience in manufacturing and project-based services
- Experience shepherding organizations through periods of growth and increasing complexity
- Exposure to professional sports management is a plus, but not required
- Strong experience in process and systems implementation
Skills & Personal Attributes:
- Thrives in small team, start-up environments
- Energized by the American Magic’s mission; a strong sense of stewardship
- Comfort operating across multiple business models simultaneously
- Robust finance, forecasting, accounting, and reporting skills
Compensation package: Compensation commensurate with experience, skills, and
the market, with a base salary and variable incentive component
