Chief Financial Officer (CFO) - Manufacturing Industry
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Chief Financial Officer (CFO) - Manufacturing Industry
Company: East 57th Street Partners
Client: Prominent Private Equity Firm
Location: Any Major US Metro Market
Travel Required: 25-40% Monthly
About East 57th Street Partners:
East 57th Street Partners is a leading management consulting firm specializing in executive search and strategic advisory services. We collaborate with top-tier organizations to place premier executive talent and provide expert advisory services.
About Our Client:
Our client, a notable private equity firm, seeks a Chief Financial Officer (CFO) for a key portfolio company within the manufacturing sector. This pivotal role is instrumental in steering financial strategy, enhancing operational efficiencies, and propelling long-term growth.
Position Overview:
The CFO will spearhead the financial and strategic leadership of the company, utilizing deep industry knowledge to drive financial operations, optimize performance, and champion strategic initiatives. This role demands a proactive leader adept at managing the intricacies of a PE-backed environment.
Key Responsibilities:
- Direct and align financial strategy with the company’s business objectives.
- Manage all aspects of financial operations, including budgeting, forecasting, and financial planning.
- Ensure compliance with financial reporting and regulatory mandates.
- Strategically advise on mergers, acquisitions, and growth opportunities.
- Optimize financial health through cash management, working capital, and capital structure adjustments.
- Establish and uphold strong internal controls and financial systems.
- Collaborate with other executives to enhance operational efficiencies and profitability.
- Drive business development and expansion efforts.
- Guarantee accurate and timely financial reports to stakeholders, including the private equity sponsors.
- Mentor and develop the finance team to cultivate a culture of high performance.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business, or related field; an MBA or CPA is preferred.
- Proven experience in financial leadership within the manufacturing sector.
- Demonstrated success as a CFO or in a similar senior financial role within a PE-backed environment.
- Comprehensive understanding of the manufacturing industry’s operations and market challenges.
- Outstanding analytical, strategic, and problem-solving capabilities.
- Excellent communication skills and interpersonal abilities.
- Skilled in prioritizing tasks and thriving under pressure.
Location and Travel Expectations:
- Candidates must currently reside in any major metro market in the US.
- Willingness to travel 25-40% monthly between company locations and for stakeholder meetings is mandatory.
Compensation and Benefits:
- Competitive base salary ranging from $275,000 to $325,000 per year, based on experience.
- Performance-linked bonuses and potential equity participation.
- Comprehensive benefits package including health, dental, and vision insurance.
- Retirement plan options.