All Flex Solutions Looking for Chief Financial Officer at Bloomington, MN Full Time

The Position

As a true strategic business partner to All Flex Solutions’ CEO, the All Flex Solutions Board of Directors, and Granite Partners, the CFO is responsible for overseeing all facets of the company’s financial functions and providing leadership to significantly impact the company’s growth, profitability, capital structure, and strategic direction. The CFO will be an active participant in and driver of the organization’s overall strategy with responsibility for managing the accounting, audit and tax, finance, and information systems functions. She or he will lead all financial administration, budgeting, and planning and analysis. The CFO will collaborate with other finance leaders throughout the Granite community and serve as a member of the Finance Affinity collaboration group.

Major elements of the CFO’s responsibilities include:

• Partner closely with the CEO as a strategic business leader focused on long-term strategy and growth, including mergers and acquisitions; pricing, costs, and profitability; and capital structure.
• Advise the executive team on long-term growth trends and profitable business opportunities based on research and analysis that lead to value creation.
• Provide strategic oversight of the day-to-day management of the financial, information technology, administrative, and risk management operations of the company.
• Develop a financial strategy and assist in defining an operational strategy and maintain performance measures tied to those strategies.
• Partner with the leadership team on value creation efforts by using insights from third-party valuations to maximize shareholder value.

STRATEGIC BUSINESS PARTNER

• Partner with the CEO on all operational and strategic issues as they arise and provide strategic recommendations, including financial analysis and projections, cost identification and allocation, ROI analysis, and revenue/expense analysis.
• Participate in the ongoing strategic planning process as an integral member of the executive management team and provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
• Monitor and ensure investments are optimized and strategic project initiatives are supported at all levels.
• Lead the M&A process (including joint ventures) in partnership with the CEO by identifying, investigating, negotiating, financing, and integrating acquisitions that further increase shareholder value.
• Oversee long-term budgetary planning, including the strategic growth initiatives, related capital expenditures, and facilities management to ensure alignment with the strategic plan.
• Research, develop, and implement an optimal long-term debt strategy.
• Engage the Board of Directors around issues, trends, and changes in the operating model and operational delivery.

FINANCIAL AND OPERATIONAL MANAGEMENT

• Develop a detailed financial plan and five-year forecast, including analyzing, identifying, promoting, and implementing plans, policies, and programs to increase pricing power, enhance the gross margin, expand operating leverage and the EBITDA margin, lean out and accelerate working capital, conserve and maximize the impact of capital expenditures, manage cash flow and find other opportunities to grow equity value.
• Develop operational metrics to deepen the analysis of business performance.
• Oversee the preparation and approval of all financial reporting materials and metrics for the Board of Directors; prepare and communicate monthly and annual financial and operational metrics statements and reports.
• Partner with the procurement team to develop a supply chain and investment management strategy.
• Advance the implementation of the new business system (NetSuite) to support anticipated business growth. Ensure information systems are properly designed, installed, and maintained to support the growth of the business and mitigate cybersecurity risk.
• Oversee the audit activities, ensuring that timely financial and accounting information and audit reports are supplied to All Flex Solutions management, the Board of Directors, financial institutions, and others, as appropriate.
• Oversee budgeting and the implementation of budgets to monitor progress; develop and present operational metrics both internally and against external benchmarks.
• Ensure that the finance staff maintains financial record systems and processes in accordance with Generally Accepted Accounting Principles, ensures adequate internal controls, and monitors the use of all funds.
• Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
• Review, analyze, and negotiate contracts with a focus on identifying and mitigating potential risks to the business.
• Ensure that accurate, timely tax returns are filed and payments are made in compliance with all tax laws and regulations.
• Evaluate and oversee all benefits negotiations, thus providing competitive and cost-effective packages for All Flex Solutions team members.
• Establish and maintain standard costs and variances in a manufactured product environment and help drive improvements where needed.
• Establish best practices for financial and accounting areas of the company.
• Ensure information systems are properly designed, installed, and maintained to support the growth of the business. Manage the review and approval of all customer and vendor contracts.

TEAM MANAGEMENT

• Promote high levels of employee engagement, wellbeing, and personal integrity across the organization.
• Develop and manage direct staff, providing for the continued growth and development of all team members to ensure career progression and the achievement of short- and long-range goals of the company.
• Engage other members of the executive management team to facilitate cross-department collaboration that ensures all financial and administrative systems positively support All Flex Solutions’ evolving strategy and operational capabilities.
• Promote diversity and inclusion to achieve innovative results through collaboration.
• Provide guidance on attracting and developing key team members.

Candidate Profile

The CFO will have a proven track record of success serving as a proactive, strategic business partner and member of a senior management team. The fully qualified candidate will possess an undergraduate degree in Accounting or Finance, CPA and/or MBA preferred. This individual should have a minimum of ten years of hands-on experience in a financial management capacity. Experience in an industry or business model comparable to All Flex Solutions’ is a definite advantage, as is experience in a regulated environment. A background managing an information technology organization while continually matching systems to support the company’s needs is desired. NetSuite (or broad ERP) experience is a significant plus, along with experience with business intelligence tools such as Tableau, Domo, etc.

Qualified candidates will have a demonstrated track record of success in positions of increasing managerial responsibility, including proven results in driving strategic decisions that create value and enhance the overall success of a business. The ideal candidate will have a broad-based business orientation and the ability to manage the financial and administrative responsibilities of the organization. In addition to having outstanding management and financial skills, the CFO must have significant experience partnering with business leaders to achieve objectives. Corporate development/M&A experience is desirable.

The successful candidate must have excellent business acumen and financial aptitude with strong communication skills and the ability to think strategically. She or he will be a financial executive with an outstanding track record and reputation for his/her financial expertise, business judgment, leadership skills, and integrity. This individual must have the ability to establish immediate credibility at all levels, inside and outside the organization.