This is a confidential search for an upgraded version of a current role. This North Texas company will be revealed early in the process.
Position Summary
The Chief Financial Officer (CFO) is a strategic executive responsible for leading the financial operations of a growing manufacturing company in the DFW metroplex. Reporting directly to the CEO (and partnering with Private Equity ownership), the CFO provides financial leadership that supports profitable growth, operational excellence, and long-term enterprise value.
The CFO oversees all aspects of accounting, financial planning and analysis (FP&A), treasury, budgeting, forecasting, cash management, banking relationships, compliance, risk management, and information technology. This individual serves as a strategic business partner to the executive leadership team and helps drive operational performance through data-driven decision making.
Primary Responsibilities
Strategic Leadership
- Partner with the CEO and executive leadership team to develop and execute the company's strategic plan.
- Provide financial insight into business decisions, capital investments, pricing strategies, and growth opportunities.
- Develop long-range financial models supporting revenue growth, profitability, and EBITDA objectives.
- Present financial results, forecasts, and strategic recommendations to ownership, lenders, and Board members.
- Identify operational improvement opportunities through financial analysis.
Financial Planning & Analysis
- Lead the annual budgeting process and rolling forecasts.
- Develop monthly, quarterly, and annual financial forecasts.
- Monitor key financial and operational KPIs.
- Analyze profitability by product line, customer, and business segment.
- Recommend actions to improve margins, cash flow, and return on investment.
- Provide scenario modeling for major business decisions.
Accounting & Financial Reporting
- Oversee all accounting operations including:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Fixed Assets
- Cost Accounting
- Inventory Accounting
- Ensure timely and accurate monthly financial close.
- Produce monthly financial statements in accordance with GAAP.
- Maintain internal financial controls.
- Coordinate annual audits and tax filings.
- Ensure compliance with federal, state, and local reporting requirements.
Manufacturing Finance
- Lead financial oversight of manufacturing operations.
Analyze:
- Standard costs
- Labor efficiencies
- Material usage
- Scrap
- Variances
- Inventory accuracy
- Gross margin
- Partner with Operations to improve manufacturing performance.
- Support inventory controls and physical inventory processes.
- Evaluate capital expenditures and manufacturing investments.
Cash Management & Treasury
- Manage company cash flow and working capital.
- Develop weekly and monthly cash forecasts.
- Maintain banking relationships.
- Oversee borrowing facilities and debt compliance.
- Optimize cash conversion cycle.
- Manage capital expenditures and financing strategies.
Business Analytics
Develop executive dashboards covering:
- Revenue
- EBITDA
- Gross Margin
- Labor Efficiency
- Inventory Turns
- Working Capital
- Cash Flow
Provide actionable recommendations based on business trends.
Risk Management & Compliance
- Lead annual Financial and bank audits
- Ensure compliance with all financial regulations.
- Maintain strong internal controls.
- Oversee insurance programs including:
- Property
- General Liability
- Workers' Compensation
- Cyber
- Manage relationships with external auditors, tax advisors, banks, and legal counsel.
- Assess business risks and mitigation strategies.
Information Technology
Provide executive oversight of:
- ERP System
- Financial Systems
- Cybersecurity
- IT Infrastructure
- Data Integrity
- Business Intelligence Tools
Partner with IT resources to improve automation and reporting.
Leadership
Lead and develop the Finance organization, including:
- Accounting Manager
- Accounts Payable
- Accounts Receivable
- FP&A (future)
- IT
Build a high-performing finance team focused on continuous improvement.
Key Performance Indicators
Financial Performance
- EBITDA performance
- Gross margin improvement
- Cash flow
- Working capital
- Budget accuracy
- Forecast accuracy
- Revenue growth support
Operational Performance
- Inventory turns
- Inventory accuracy
- Manufacturing cost reductions
- Labor efficiency
- On-time monthly close
- Internal control effectiveness
Strategic Performance
- ERP optimization
- Capital investment ROI
- Banking relationships
- Audit results
- Executive decision support
- Business scalability
Qualifications
Education
- Bachelor's Degree in Accounting or Finance required
- MBA preferred
- CPA preferred
Experience
- 3-5 years Finance Director/CFO experience required
- 10+ years progressive financial leadership experience preferred
- 5+ years in manufacturing preferred
- Experience leading accounting and finance teams
- Experience with budgeting, forecasting, and FP&A
- Cost accounting experience required
- ERP implementation or optimization experience preferred
- Experience supporting executive leadership and Board reporting
- Private Equity-backed company experience preferred
Technical Skills
Strong knowledge of:
- GAAP
- Manufacturing cost accounting
- Standard costing
- Inventory accounting
- Financial modeling
- Forecasting
- Cash flow management
- Banking
- Internal controls
- ERP systems (NetSuite, SAP, Oracle, Microsoft Dynamics, etc.)
- Advanced Excel
- Power BI or similar BI platforms
Leadership Competencies
- Strategic thinker
- Financial acumen
- Business partnership
- Executive presence
- Results-oriented
- Analytical problem solver
- Operational mindset
- Change leadership
- High integrity and ethics
- Strong communicator
- Data-driven decision maker
- Continuous improvement mindset
Success Profile (First 12 Months)
A successful CFO will:
- Deliver timely, accurate monthly financial reporting within 5–7 business days.
- Improve forecast accuracy to within ±5%.
- Strengthen cash flow and working capital management.
- Develop executive dashboards that provide clear operational and financial insights.
- Partner with Operations to improve gross margins through cost controls and manufacturing efficiencies.
- Build a scalable finance function capable of supporting growth beyond $45 million in revenue.
- Establish strong financial discipline, internal controls, and strategic planning processes that position the company for sustainable growth or future transactions.
Benefits include:
Medical, Dental, Vision, 401(k) with company match, PTO accrual, paid holidays, company-paid life insurance, EAP, and more.
