CFO Recruit has been retained by a privately owned service business in central California to appoint a new Chief Financial Officer. This is an exciting opportunity to join as CFO within the leadership team of a business growing both organically and through acquisition. The role would suit an experienced CFO, a VP Finance or senior Director of Finance ready to take the step up to CFO.
Our client is a privately owned, family run group with an established specialist services operation across multiple states. As the business continues to scale an opportunity has arisen for a finance leader who will bring structure, automation and sharper financial insight while protecting the culture and long tenured teams behind the group’s success.
The CFO will be an influential member of the Board of Directors with responsibility for accounting and finance as a central function consisting of a team of approximately 9 people. The CFO will partner closely with the operations teams to understand the business and collaborate on potential process improvements to drive performance and efficiency.
The CFO will have the following responsibilities:
- Act as a trusted advisor to the owners and leadership team, providing candid, data backed recommendations and fully backing team decisions once they are made.
- Shape financial strategy, planning, budgeting and forecasting across the group.
- Lead financial due diligence, deal structuring and integration planning for future acquisitions.
- Own banking and lender relationships, including the line of credit. Managing existing debt and securing future funding as required.
- Oversee cash flow and inventory.
- Improve the timeliness, accuracy and usefulness of financial reporting and key performance indicators at company, location and customer level.
- Give operations teams fast, shared access to the financial information they need, such as unit costs and margins.
- Manage intercompany transactions, shared services and cost allocations.
- Work with the external accounting firm on year end and tax, ensuring compliance with all reporting requirements.
- Drive automation across accounting and finance reducing manual data entry, using systems rather than extra headcount to solve problems.
- Get the most from established ERP system and help lead wider technology improvements.
- Strengthen financial policies, procedures and internal controls.
- Lead, develop and restructure the finance team as needed, building a culture of accountability, openness and continuous improvement.
Experience and qualifications
- Senior finance leadership as a Chief Financial Officer, Vice President of Finance, Director of Finance or possibly senior Controller ready to step up.
- A track record of introducing new systems, automation and improving reporting in a growing business.
- Experience managing finances across multiple entities, locations or business lines.
- Strong banking, lender and debt management experience, including inventory or asset financing.
- Acquisition and integration experience is a significant advantage.
- Hands-on, visible, and comfortable working alongside and partnering collaboratively with operational teams.
- Ability to provide honest opinions remaining positive in discussions and fully supporting team decisions.
- Demonstrates humility with the ability to take on feedback and welcoming of ideas from every level.
- Ability to bring people along through change, including tenured colleagues, rather than imposing it.
- Comfortable with artificial intelligence and technology change, implementing processes and systems to improve performance and efficiency.
The salary advertised for this role is a guideline, the salary offered will be commensurate with experience.
