Company Description
Sadler Power Train has been a reliable distributor of light, medium, and heavy-duty truck parts across Iowa, Illinois, and Wisconsin since 1974. We offer an extensive range of parts, including driveline, differential, suspension, brakes, hydraulics, and electrical systems. Our services include flywheel grinding, hydraulic hose manufacturing, and component rebuilding, complemented by a full-service truck repair facility in Davenport, IA. As a family-owned business, we prioritize quality, customer service, and strong industry relationships, led by a dedicated leadership team. With a legacy of excellence, we are committed to meeting the needs of our customers and maintaining long-lasting partnerships.
Position Summary
The Chief Financial Officer (CFO) serves as a key member of the executive leadership team and is responsible for the overall financial strategy, planning, and management of the company. As a family-owned organization with multiple truck parts and service locations throughout Iowa, we are committed to industry-leading service, quality parts, and operational excellence. The CFO will help drive sustainable growth, profitability, and long-term value while preserving the culture and values that have made our company successful.
This role requires a strategic leader who can balance high-level financial planning with hands-on operational support. The CFO will provide financial leadership across all business functions, ensuring sound financial management, data-driven decision-making, and continuous improvement throughout the organization.
Key Responsibilities
Strategic Leadership
- Collaborate with ownership to develop and execute strategic plans that drive growth, profitability, and operational excellence.
- Provide financial analysis and recommendations to support growth initiatives, acquisitions, capital investments, and expansion opportunities.
- Serve as a trusted advisor to ownership on financial performance, risk management, and business strategy.
- Develop and monitor key performance indicators (KPIs) that align financial results with operational goals.
Financial Management
- Lead all accounting, finance, budgeting, forecasting, and financial reporting functions.
- Ensure timely and accurate monthly, quarterly, and annual financial statements.
- Manage cash flow, working capital, banking relationships, and financing activities.
- Oversee annual budgeting across all locations.
- Develop financial models and analyses to support business decisions.
Operational Excellence
- Partner with operations leaders to improve profitability, efficiency, and productivity across service and parts departments.
- Analyze location-level performance and identify opportunities for improvement.
- Implement financial controls, reporting tools, and operational metrics that support accountability and decision-making.
- Drive continuous improvement initiatives that enhance profitability and operational effectiveness.
Risk Management & Compliance
- Ensure compliance with all federal, state, and local financial regulations.
- Oversee tax planning, audits, insurance programs, and regulatory reporting.
- Establish and maintain strong internal controls and financial policies.
- Identify and mitigate financial and operational risks.
Leadership & Team Development
- Lead, mentor, and develop the accounting team.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Work closely with department leaders to enhance financial understanding throughout the organization.
- Support succession planning and leadership development initiatives.
Qualifications
Required
- Bachelor’s degree in accounting, Finance, Business Administration, or related field.
- 10+ years of progressive financial leadership experience, including senior management responsibilities.
- Proven experience managing multi-location operations.
- Strong knowledge of financial planning, budgeting, forecasting, cash flow management, and financial reporting.
- Experience working closely with executive leadership and ownership teams.
- Excellent analytical, communication, and leadership skills.
Preferred
- CPA, CMA, MBA, or other advanced financial credentials.
- Experience in the trucking, heavy-duty equipment, automotive aftermarket, distribution, service, manufacturing, or related industries.
- Experience in a family-owned or privately held business environment.
- Familiarity with inventory-intensive operations and service-based businesses.
Key Competencies
- Strategic Thinking
- Financial Acumen
- Operational Leadership
- Business Partnership
- Data-Driven Decision Making
- Change Management
- Team Development
- Problem Solving
- Integrity and Accountability
- Communication and Relationship Building
Why Join Our Team?
- We are a family-owned company built on strong values, exceptional customer service, and a commitment to quality. Our team takes pride in supporting the trucking industry through dependable parts, expert service, and operational excellence. As CFO, you will play a critical role in shaping the future of our organization while helping drive growth, profitability, and long-term success across all locations.
