Chief Financial Officer

Location: Oklhoma City, OK or Midland, TX

Employment Type: Full-Time | Executive Leadership

Industry: Energy / Oilfield Services

Position Summary

A growing, privately held energy services company in the Permian Basin is seeking an experienced Chief Financial Officer to join its executive leadership team.

With revenue approaching $100MM, multiple service lines and an active acquisition strategy, the organization is entering an important next stage of growth. The CFO will serve as a strategic partner to the CEO, taking ownership of the company's financial strategy, banking and capital relationships, forecasting, operational finance, and transaction execution.

This is not a traditional maintenance CFO position. The company has an established Controller and accounting team in place and is looking for a hands-on financial leader and business partner who can help build the next stage of the organization.

Key Responsibilities

Own banking relationships, credit facilities, covenant compliance and lender reporting.
Lead cash flow forecasting, liquidity management, capital planning and financing strategy.
Develop annual budgets, rolling forecasts and financial models to support executive decision-making.
Partner with operational and commercial leadership on job-level economics, customer profitability, pricing, margins and bid analysis.
Evaluate capital expenditures and financing alternatives.
Support the company's M&A strategy, including financial modeling, due diligence, transaction analysis, QoE coordination and post-close integration.
Serve as a key financial counterpart to lenders, bankers, attorneys, CPA firms and transaction partners.
Lead and develop the Controller and accounting organization while strengthening reporting, controls, processes and systems.
Translate financial results into clear, actionable information for executive and operational leadership.
Partner directly with the CEO on growth strategy, capital allocation, pricing, acquisitions and risk.

Qualifications

Prior experience as a CFO, VP of Finance or senior financial executive, preferably within oilfield services, energy infrastructure, industrial services, construction or another field-service environment.
Experience within a privately held or PE-backed lower-middle-market organization strongly preferred.
Strong understanding of banking, credit facilities, covenant management, cash forecasting and capital planning.
Demonstrated experience with job costing, operational finance, margin analysis, budgeting and forecasting.
Meaningful M&A experience, including exposure to acquisitions, divestitures, due diligence, financial modeling and/or integration.
Ability to operate strategically while remaining hands-on with the numbers and close to the business.
Experience partnering directly with a founder, owner, CEO, board or private equity sponsor.
Strong judgment with the confidence to challenge assumptions and provide a clear financial perspective.
Bachelor's degree in Accounting, Finance or related discipline required; CPA and/or MBA preferred.

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Chief Financial Officer