ICX Group has been retained to lead the search for a Chief Financial Officer on behalf of a well-established manufacturing organization. We are seeking an accomplished financial leader with a strong background in manufacturing operations, strategic financial management, and business partnership.
Chief Financial Officer (CFO)
Manufacturing Organization | Jacksonville | St Augustine | Green Cove Springs
Position Overview:
- The Chief Financial Officer (CFO) serves as the senior financial executive and strategic business partner to the President and executive leadership team of a well-established manufacturing organization.
- The CFO is responsible for providing overall financial leadership across the organization, including strategic planning, budgeting, forecasting, financial reporting, product costing, working capital management, capital investment, and financial governance across multiple manufacturing operations.
- As a key member of the executive leadership team, the CFO partners closely with operational and functional leaders to drive profitable growth, improve financial and operational performance, support strategic investments, and maximize long-term business value.
- This is a highly visible, hands-on leadership position requiring a strong combination of strategic financial acumen, operational accounting expertise, manufacturing knowledge, and executive leadership. The successful candidate will translate financial information into actionable business insights and work collaboratively across the organization to improve performance, strengthen controls, and support long-term growth.
Key Responsibilities
Strategic Financial Leadership
- Partner with the President and executive leadership team to develop and execute financial strategies that support profitable growth, margin improvement, and long-term business objectives.
- Lead the organization's strategic planning process, including long-range financial planning, growth initiatives, capital investment strategies, and business development opportunities.
- Provide financial analysis and recommendations to support executive decision-making, resource allocation, and operational improvements.
- Establish financial objectives, performance metrics, and accountability measures across the organization.
- Ensure financial policies, reporting practices, and governance standards support the organization's strategic and operational objectives.
Manufacturing & Operations Finance
- Oversee product costing systems, standard costing methodologies, and variance analysis, including materials, labor, and manufacturing overhead.
- Partner with manufacturing, engineering, production control, and supply chain leadership to improve operational performance and financial results.
- Analyze plant-level performance metrics, including inventory levels, inventory turns, scrap rates, production efficiencies, and capacity utilization.
- Improve visibility into manufacturing costs, production variances, and operational performance through enhanced reporting and financial analysis.
- Lead the capital expenditure process, evaluating investment opportunities, developing ROI models, and monitoring returns on major equipment, automation, and facility investments.
- Maintain appropriate financial controls and reporting integrity across manufacturing operations.
Financial Planning, Analysis & Reporting
- Direct the annual budgeting, forecasting, and long-range financial planning processes.
- Oversee the preparation and presentation of accurate and timely financial statements, including income statements, balance sheets, and cash flow reporting.
- Provide meaningful financial analysis, variance reporting, and business intelligence to executive leadership.
- Identify emerging financial risks, trends, and opportunities through proactive analysis and scenario modeling.
- Establish and monitor key financial and operational performance indicators.
Working Capital & Supply Chain Management
- Oversee cash flow management and working capital optimization, with an emphasis on inventory management, accounts receivable, and accounts payable.
- Develop strategies to improve inventory turns, cash conversion cycles, and overall balance sheet efficiency.
- Establish and maintain appropriate credit policies, credit-risk parameters, and bad-debt provisions.
- Partner with procurement and supply chain leadership to evaluate vendor relationships, purchasing practices, and cost-reduction opportunities.
- Identify opportunities to improve financial processes and strengthen cash management practices.
Information Technology & Systems Oversight
- Provide financial and strategic oversight of information technology investments and initiatives.
- Partner with IT leadership to evaluate technology investments, ERP systems, and software solutions, including implementation costs and expected returns.
- Support the continued improvement and optimization of financial systems, reporting capabilities, and business intelligence tools.
- Ensure appropriate IT controls, cybersecurity oversight, data security, and disaster recovery practices are maintained in partnership with technology leadership.
Accounting, Controls & Risk Management
- Provide leadership and oversight of the accounting and finance organization, ensuring accurate financial reporting and strong accounting practices.
- Maintain effective internal controls, financial policies, and procedures to safeguard organizational assets.
- Ensure compliance with applicable accounting standards, regulatory requirements, and financial reporting obligations.
- Oversee inventory control procedures, reconciliation processes, and audit readiness.
- Identify opportunities to improve accounting processes, reporting accuracy, and organizational efficiency.
Team Leadership & Organizational Development
- Build, develop, and lead a high-performing finance and accounting organization.
- Provide mentorship, professional development, and succession planning for finance and accounting personnel.
- Foster a culture of accountability, collaboration, continuous improvement, and strong financial stewardship.
- Establish effective working relationships across all levels of the organization, including executive leadership, manufacturing, engineering, operations, and support functions.
- Communicate financial information in a clear and practical manner to both financial and non-financial stakeholders.
Qualifications & Experience
Education & Certifications
- Bachelor's degree in Accounting, Finance, or a related discipline required.
- MBA or other advanced business degree highly preferred.
- CPA or CMA certification strongly preferred.
Professional Experience
- 15+ years of progressive finance and accounting experience, including significant leadership responsibility.
- At least 7 years of experience in a senior financial leadership role, such as CFO, Divisional CFO, VP of Finance, Director of Finance, or Controller.
- Significant experience within a manufacturing, industrial, or production-oriented organization.
- Demonstrated success leading financial operations within a mid-sized or larger manufacturing business.
- Experience supporting multi-site manufacturing operations, including product costing, inventory management, capital planning, and operational performance improvement.
- Proven expertise in financial planning and analysis, financial reporting, budgeting, forecasting, and working capital management.
- Experience leading strategic planning, long-range forecasting, and capital investment decisions.
Technical & Operational Knowledge
- Strong understanding of manufacturing accounting, standard costing, absorption accounting, and production variance analysis.
- Experience with manufacturing ERP systems and financial reporting or business intelligence tools.
- Knowledge of inventory management, bill of materials accuracy, production processes, and operational cost structures.
- Understanding of Lean Manufacturing, Six Sigma, or other continuous improvement methodologies.
- Ability to evaluate financial and operational data and translate findings into practical business recommendations.
Leadership Experience
- Demonstrated ability to build, develop, and lead effective finance and accounting teams.
- Strong executive presence and the ability to influence decisions across an organization.
- Experience partnering with senior operational leaders and engaging directly with manufacturing and production personnel.
- Ability to balance strategic financial leadership with hands-on operational involvement.
- Excellent communication, collaboration, problem-solving, and decision-making skills.
For immediate consideration, please reach out to Dan Rohan at dan.rohan@icxgroup.com or apply directly to this post.
