The Newcastle Search Group, LLC Looking for Chief Financial Officer at Sacramento, CA Full Time

The Newcastle Search Group has been retained by a small yet established manufacturing/engineering services organization in Sacramento, California to assist with the hiring of a Chief Financial Officer. While the company will allow for periodic remote work, only local candidates to the Sacramento area are being considered.

Recently acquired by a private equity sponsor, the hiring company is positioned for significant growth with the Chief Financial Officer serving as a key member of the leadership team.

This is a standalone (no staff) Chief Financial Officer position, calling for both a highly tactical (in the near term) and highly strategic financial leader over time, as the organization is in high growth mode, organically and inorganically.

Key responsibilities will include, but will not be limited to:

• Building, automating and improving fundamental accounting processes, which will include, but are not limited to billing, accounts payable and accounts receivable-namely, the day-to-day transactional accounting responsibilities .
• Fully owning the monthly close process along with preparation of GAAP compliant financial statements and performing monthly bank reconciliations and all financial reporting will be critical responsibilities .
• Providing detailed financial reporting to be reviewed by the Executive Team as well as the PE sponsor will be a key responsibility. It is imperative that financial packages meet bank covenant and creditor requirements.
• Designing and implementing an accurate and predictable financial budget, forecast and plan will be vital.
• On future acquisitions, the Chief Financial Officer will be responsible for the integration of newly acquired companies into the business.

Requirements:

• Bachelor’s Degree in Accounting or Finance
• No less than 10 years of total experience
• CPA Designation (May be an active or inactive designation) with a strong knowledge of GAAP.
• Experience in the manufacturing or distribution industry with a strong understanding of inventory.
• Strong systems acumen, including advanced Excel skills.
• A track record of accomplishment as a “hands on” working leader-willingness to serve in a standalone position.