Cordia Resources Looking for Chief Financial Officer at Washington DC-Baltimore Area Full Time

Chief Financial Officer – Washington, DC (Prince George’s County)

CORDIA has been retained by a local, privately held, PE-backed business to identify its next CFO.

The Chief Financial Officer (CFO) will direct all finance and accounting functions, including detailed financial analysis, budgeting and forecasting, and other financial decision-making to maximize operational and cash-flow performance.

Our retained client is seeking a results-oriented financial executive with a distinguished technical background and experience directing a private equity-backed portfolio company and managing a broad set of financial, accounting, and operational functions. The CFO will also be responsible for maintaining the Company’s accounting principles, practices, procedures, and initiatives.

Responsibility Scope:

• Prepare financial reports and present findings and recommendations to management
• Develop financial analyses to support fact-based decision-making related to strategic matters and capital allocation, including mergers and acquisitions
• Lead sourcing, screening, and due diligence activities as part of a buy and build acquisition strategy
• Recommend improvements to ensure the integrity of the Company’s financial information
• Guide financial decisions by establishing, monitoring, and enforcing policies and procedures
• Oversee relationships with independent auditors, external tax authorities, senior debt providers, and private equity sponsor
• With help of Controller, provide general accounting support; ensure completion of periodic bank reconciliations and timely debt payments (for example)
• Prepare detailed budgets by collecting, analyzing, consolidating, and projecting financial data
• Achieve and exceed budget objectives by scheduling revenue and expenditures, analyzing variances, and initiating corrective actions
• Provide status of financial condition by collecting, interpreting, and reporting financial data
• Prepare ad-hoc reports by collecting, analyzing, and summarizing relevant information and trends
• Maintain compliance with federal, state, and local requirements by studying new and existing legislation, anticipating future legislation, overseeing and ensuring adherence to applicable requirements, filing required financial reports, and advising management on necessary compliance actions
• Hire, train, and retain skilled accounting and finance staff
• The CFO will be expected to take a lead role in overseeing the Company’s payroll & benefits administration, insurance policy management, and real estate matters
• As a leadership team member, contribute to the overall growth of the Company through firm-wide collaboration, including across the Company’s sales, operational, regulatory, and compliance functions

Additional Information:

• He/she will report to CEO; the role will also involve providing summary financial information to the Board of Directors, lenders, and private equity sponsor
• Will lead the preparation and presentation of quarterly board meeting materials
• Will serve as a true business partner within company headquarters, liaising with accounting, IT, HR, operations, plant staff, customer service, sales etc.
• The position is supported by a team of two direct reports; the expectation is that the total staff will increase as the business grows and extends its product portfolio

Education, Qualifications & Intangibles:

• BS/BA in Finance or Accounting
• Master of Business Administration (MBA) preferred
• Certified Public Accountant (CPA) preferred
• 15+ years of experience in financial leadership roles
• Manufacturing industry experience required (specifically, managing production planning, working capital, and cost accounting systems)
• Strong knowledge of ERP and MIS Strategies/Implementations/upgrades
• Sage 50 System experience preferred
• Experience managing relationships with a Board of Directors, lenders, and a private equity sponsor
• Mergers & acquisitions (M&A) experience, including executing, managing, integrating, and consolidating acquisitions as part of a broader growth strategy
• Track record of success in driving profitable growth, with robust domain expertise across budgeting, forecasting, financial analysis, and financial reporting
• Proven ability to partner and collaborate with key executives within close-knit, growth-oriented culture
• Entrepreneurial self-starter who will go the “extra mile” to ensure successful outcomes
• Should offer unquestionable integrity and promote universal accountability
• Innovative in addressing problems to develop effective solutions
• Ability to take a “big picture” perspective while maintaining strong attention to detail
• Disciplined and objective decision-maker with a high degree of autonomy

Culture:

• Dedicated, loyal and well-tenured staff who take pride in the long-time customers who have served them
• Efficient, supportive and hard-working corporate office with houses a manufacturing plant onsite
• Nimble department with growth potential

Compensation:

• Competitive base salary with proper qualifications
• Attractive annual bonus target (30-40%) potential
• Equity package available
• Competitive benefits package/401k/PTO etc.