CFO
$250-300k plus 50% bonus & equity
Detroit, MI (Shelby Township)
Bell & Associates has been engaged to help our client recruit their next Chief Financial Officer. The CFO will provide overall direction and financial leadership to the Company while playing a significant role in future growth and development of the business. The CFO will report to the CEO and will have primary day-to-day responsibility for planning, reporting, implementing, managing, and controlling all financial and IT-related activities of the Company. This includes all accounting, finance, treasury, forecasting, strategic accounting, revenue recognition, compliance, institutional financing and information technology strategy and implementation. Through a constructive and energetic style, the CFO will provide the leadership and long-term vision necessary to expand the Company’s position within the engineered precision components industry.
Responsibilities
- Direct and oversee all aspects of the accounting, finance, IT, treasury, forecasting, budgeting, reporting, and compliance functions of the Company
- Evaluate potential acquisition targets and lead financial negotiations, due diligence and integration of acquisitions and/or divestitures
- Serve as a strategic partner to the CEO and the Company’s Board of Directors, working collaboratively to coordinate business planning, accounting, and budgeting efforts as well as the continuous evaluation of short-term and long-term strategic financial objectives as part of the Company’s ongoing expansion efforts
- Work with lending institutions to manage the Company’s lending relationships, cash needs, credit agreements and compliance with all debt covenants
- Partner with leadership to drive improved cost transparency and operational improvement
- Lead the development and enhancement of processes and controls to provide timely and accurate month-end closing reports, sales projections, income statements, cash flow, contribution margin analysis and demand planning
- Ensure that effective internal controls are in place and ensure compliance with applicable international, federal, state, and local regulatory laws and rules for financial and tax reporting
- Develop and mentor the finance team, ensuring succession planning and maintaining a strong pipeline of talent within the department
Requirements
To achieve success in this dynamic environment, the CFO will need a broad array of technical accounting, operational finance and leadership skills. Ideal candidates will have a passion for execution supported by clear and concise metrics. Candidates will further possess a strong track record of improving the financial results of an organization by raising performance expectations and instilling an environment of accountability and teamwork. The successful candidate can further assess the capabilities of his/her team and train and develop the resources necessary to quickly improve the finance function and overall business performance.
Additionally, ideal candidates will possess:
- Bachelor’s Degree in Accounting or Finance; MBA and/or CPA is highly desirable
- Prior CFO experience within a multi-plant/multi-entity manufacturer of similar size and complexity
- Demonstrated cost accounting experience in a manufacturing environment
- Prior experience preparing for and integrating acquisitions, including oversight of pre-transaction due diligence processes
- Expertise in financial planning & analysis (FP&A), including financial modeling and budgeting
- ERP and related software system implementation/integration/improvement experience is highly desirable
- Demonstrated history of developing process-driven improvements and optimizing business and finance systems within similar organizational structures
- Strong strategic thinking capabilities with the ability to align financial goals with the Company's broader business objectives
- Hands-on, detailed, metrics-driven approach to leadership and financial decision-making
- Ability to exercise sound judgement and process and synthesize information quickly to translate into understandable, actionable forecasts and planning decision making
- Strong interpersonal skills, ability to build and lead teams, communicate, and manage well at all levels of the organization
- Self-aware and open to feedback
- A high-energy, entrepreneurial individual who is disciplined, focused and viewed by colleagues and subordinates as very positive, approachable, open and genuine
- Ability to reside in the greater Detroit, Michigan area to routinely be on-site at the Company’s Shelby Township office location
BETTER TALENT. BETTER OPPORTUNITY. FIND IT HERE.
Bellsearchfirm.com
Bell & Associates, Inc. is a recognized Executive Recruiting & Staffing leader based in Kansas City. We focus and specialize in the following practice areas - Accounting/Finance, Engineering, Executive Leadership, Financial Institutions, Healthcare, Human Resources, Information Technology, Manufacturing/Operations Management. We provide top talent to our clients on a Direct Hire, Contract, and Contract-to-Hire basis.
