With the recent December 2025 merger of Motiv Electric Trucks and Workhorse, the CFO will serve as a member of the Executive Leadership Team and act as the senior financial executive in the mergedcompany contributing to strategic direction, capital formation planning, monitoring and analyzing financial performance, and overseeing the finance and accounting functions of the company, including financial planning and budgeting, reporting, controls, financial systems, investor relations, tax, treasury, internal audit, and compliance.
The CFO will be leading an existing and highly capable accounting and finance team:
- Of primary and paramount importance will be serving as the face and evangelist to investors and potential investors, banks, and capital markets, and
- Captial formation planning (equity and debt), developing investment materials, selecting and managing outside advisors, and co-leading capital raising efforts with the CEO as well as developing and maintaining close relationships with existing investors and lenders, some with significant positions in the company, will be an essential requirement, and
- Board package development and presenting periodic progress updates to the board will also be a key aspects of the Workhorse CFO role.
As a member of the Executive Leadership Team, the CFO will play an important role (in some cases leading or co-leading) development and communicaiton of the Company's strategic growth plans (including evaluating and structuring strategic partnerships, conducitng M&A analysis, etc).
The CFO will provide strategic oversight to a finance organization that supports investor needs, board/management oversight, and the operating needs of the company – cash for operations, debt and financing management, and prudent investment and growth. This will include preparing the information technology platform, people, and finance modules to enable the company to plan properly, budget, forecast, control, and meet its obligations to its employees, shareholders [owners], banks, suppliers, and other vested parties.
Objectives
- Expedite processes to integrate Motiv Electric Trucks and Workhorse to identify and lock in synergies.
- Quickly build relationships with current investors and the Board of Directors.
- Work with the CEO on capital raising activities – overall strategy, targets, outreach, road show preparation, and data room requirements.
- Elevate Workhorse's profile in the EV investment universe.
- Develop management and leadership talent at all levels of the finance organization.
Specific Responsibilities
The CFO shall:
- Serve on the leadership team and advise the CEO and members of the Executive Leadership Team on issues relating to business strategy, including preparation and presentation of budgets, development of short- and long-term business plans, variance analysis and remediation, inventory and debt financing, risk management, and all business insurance requirements.
- Lead all investor relations and capital raising activities, which will include building relationships with potential investors such as hedge funds, asset managment firms, family offices, and investment/venture arms of major customers and strategic partners.
- Maintain all banking and debt holder relationships, as well as analyst relationships.
- Provide strategic and tactical direction to ensure excellence in the finance function. They are responsible for all financial policies and procedures as they relate to accounting practices, including consolidation, forecasting, FP&A, cash management, repatriation, and reporting; internal audit; tax preparation and compliance; budgeting and planning; and strategic planning.
- Oversee management reporting and business management metrics [benchmarks, financial metrics, KPIs, dashboards]. This will include monitoring, reporting, and controlling actuals and variances in weekly, monthly, quarterly, and annual plans, and, where applicable, preparing contingency plans to correct negative variances.
- Assure that the internal audit function applies controls for safety and soundness and ensures compliance with SARBOX, U.S. GAAP, IFRS, and FASB accounting standards and principles.
- Work with IT to ensure the company is optimizing information technology platforms [hardware and software] and gathering and processing financial and management information. Recommend changes to remediate deficiencies or improve costs.
- Support the CEO as an advisor and as needed.
THE PERSON
Functional Experience
- The successful candidate will likely have at least 10-15 years of prior financial management experience encompassing all the aforementioned duties and responsibilities.
- Ideally, they are the sitting CFO (or have been recently) of a public enterprise or a private entity with public debt.
- It is likely that successful candidates will have venture capital, growth capital, private equity and/or growth-stage experience, either currently or in their backgrounds. Such experience will require substantial interaction with sources of capital and success in raising capital through road shows and analyst presentations.
Industry
- Candidates will ideally have experience in the broadly defined mobility sector with original equipment manufacturing experience and/or Tier I supplier experience.
- Experience in the EV ecosystem would be advantageous.
- Understanding the cadence of vehicle engineering, design, and production would be advantageous.
- Having customer knowledge and supplying logistics/distribution would be nice to have.
- Having experience with and knowledge of electric vehicles is a highly desired nice to have.
Education
An undergraduate degree is required, ideally in finance, accounting, or business. An MBA would be a plus, but significant business accomplishments and relevant experince, particularly in capital formation in a public company setting, will be more important considerations.
Certifications
Advanced certifications, including compliance-required training, would be meaningful.
Geographic Experience
Candidates will be willing to travel, specifically to financial centers such as New York, Boston, Chicago, Denver, and San Francisco.
Other Requirements
- Strong people-orientation – builds strong teams, fosters teamwork, promotes culture, and attracts talent.
- Ability to collaborate and build trusting internal relationships. The company's leadership has a very transparent/direct communication and leadership style.
- Take a multi-faceted approach to problem-solving. The CFO will contribute to innovative ways to manage the business and bring ideas for process and business improvement.
- Be energetic, engaged, and knowledgeable – able to push back and challenge without being antagonistic, base arguments based on data, and contribute to lively discussions in a positive, challenging way.
- Lead by example and by doing. Must mentor, teach, and develop talent, and where required, upgrade that talent to meet the needs of a steadily growing business. This leadership team is lean and hands-on.
- Have strong communication skills, both written and oral.
- Technologically savvy – experience rolling out financial reporting and control systems.
- A strong focus on metrics, data, and financial results.
- Absolute attention to detail.
- Unquestioned integrity.
