Position: Chief Financial Officer
Compensation Package: 300-325K+ Package (includes base salary & bonus), possible Equity
Location Options: Columbus OH, State College PA
Reports to: Board of Directors – Private Equity
Organization Type: Privately-held manufacturing business focused on industrial equipment, tanks and related parts.
About Employer
Employer is a leading manufacturer and distributor specializing in machinery and components for the asphalt, concrete, gas, and oil industries. The company is primarily known for providing both new equipment and retrofit solutions to improve the efficiency and safety of existing plants.
Employer’s mission is to design, manufacture, and support the best asphalt, concrete, gas & oil equipment to the market. The company continually aims to exceed customer expectations, to create a safe working environment for employees, grow a profitable business for shareholders.
Key Responsibilities
This leader works directly with senior company officers and the company’s PE Firm, and ensures financial reporting compliance, accuracy, while preventing and detecting fraud, and aiding in moving the business forward.
Essential Duties & Responsibilities
Financial Management & Reporting
- Overseeing the preparation of financial statements (balance sheet, income statement,
- cash flow, etc.), Work in Progress (“WIP”) file, monthly reporting package, and
- management discussion and analysis
- Ensuring compliance with Generally Accepted Accounting Principles (“GAAP”) or
- International Financial Reporting Standards (“IFRS”)
- Overseeing the month-end and year-end closing processes
- Overseeing monthly and quarterly lender reporting requirements
- Ensure the year-end audit is completed promptly
- Reviewing financial reports for accuracy and identifying trends or discrepancies
- Assisting in the preparation of board presentations and related documents
Budgeting & Forecasting
- Assisting in the development of budgets and financial forecasts
- Monitoring financial performance and providing variance analysis
- Recommending cost-saving initiatives and financial improvements
- Maintain a monthly backlog and pipeline for each division
Internal Controls & Compliance
- Implementing and maintaining internal controls and policies to prevent fraud and errors
- Ensuring compliance with financial regulations, tax laws, and company policies
- Coordinating audits and responding to audit findings
Cash Flow & Treasury Management
- Monitoring cash flow and ensuring liquidity for business operations
- Overseeing banking relationships and overseeing financial transactions
- Controlling expenses and optimizing working capital
Leadership & Team Management
- Leading the accounting team and ensuring efficiency in financial operations
- Hiring, training, and mentoring finance staff
- Collaborating with other departments to align financial goals with business strategies
Tax & Regulatory Compliance
- Overseeing tax planning and ensuring timely filing of tax returns
- Overseeing sales tax, payroll tax, and corporate tax obligations
- Keeping up with changes in tax laws and financial regulations
Technology & Process Improvement
- Implementing accounting software and financial systems
- Automating processes to improve efficiency and accuracy
- Recommending new financial tools or technologies
Strategic Financial Planning
- Providing financial insights to support expansion, acquisitions, or investments
- Evaluating financial risks and opportunities
- Evaluating and planning for capital expenditures and analyzing ROI payback
Minimum Qualifications
- Accounting degree, supplemented with an optional CPA or CMA, or equivalent experience level
- Experience with manufacturing and / or contractor accounting, specifically with comfort
- Experience with job costing, percentage of completion method of accounting, and working with WIP and JIP files
- Experience with GAAP compliance, completing year-end third-party audit requirements,
and filing traditional federal, state, and employment tax filings
- Experience working with private equity is preferred, but not mandatory
Personal Attributes
- Mission-driven and passionate about operational excellence, growth and creation of a rewarding environment for employees.
- Strategic thinker with strong execution and operational rigor.
- Collaborative, transparent, and values-based leadership style.
- Skilled at motivating teams and building partnerships with the BoD, employees, and customers.
- Resilient, adaptable, and capable of leading in a dynamic environment.
