Chief Financial Officer - Waltham, United States - CXO Source

Description

Chief Financial Officer (CFO) Job Description

Company Overview

Our client is a leading private equity-owned company specializing in the design and manufacture of commercial HVAC systems for large commercial and industrial applications. With a strong commitment to innovation, sustainability, and customer satisfaction, they have experience significant growth over the past two years and are positioned for continued aggressive growth. To support their expansion and ensure strategic financial management, we are seeking Chief Financial Officer (CFO) with strong finance and accounting expertise to join their executive leadership team.

Position Summary

The CFO will play a critical role in the company's financial strategy, operations, and growth. Reporting directly to the CEO, the CFO will be responsible for overseeing all finance and accounting responsibilities for the organization, in partnership with the executive team and the board of directors. The ideal candidate will bring a strong background in financial management within a rapidly growing environment, experience in private equity, mergers and acquisitions (M&A), ERP system implementation, and a solid operational background to drive efficiency and profitability.

Key Responsibilities

• Strategic Leadership: Serve as a key member of the executive leadership team, contributing to strategic planning, operational excellence, and financial strategy development to achieve the company's short-term and long-term goals.
• Financial Management: Oversee all aspects of financial planning and analysis, including budgeting, forecasting, cash flow management, and investment strategy. Ensure accuracy and compliance in all financial reporting.
• Accounting: Familiarity with specific financial requirements for construction projects; including any project-based accounting and work-in-process reporting is required. Lead all areas of day-to-day accounting including monthly close, audit prep, etc.
• ERP Implementation: Lead the selection and implementation of an enterprise resource planning (ERP) system to streamline operations, enhance data accuracy, and support growth.
• IT & Human Resources: Oversee and manage IT and Human Resource functions, including collaboration on annual renewal process of property and casualty insurance policies, payroll and benefits administration, 401k program and health insurance.
• ERP Implementation: Lead the selection and implementation of an enterprise resource planning (ERP) system to streamline operations, enhance data accuracy, and support growth.
• Private Equity Stewardship: Work closely with our private equity partners to align financial strategy with investor expectations, including capital structure management, financial reporting, and performance metrics.
• M&A and Corporate Development: Drive the company's growth strategy through mergers, acquisitions, and strategic partnerships. Oversee all aspects of M&A transactions from due diligence to integration.
• PE Exit Strategy: Develop and execute strategies for a successful private equity exit, including preparing for sale, identifying potential buyers, and negotiating terms.
• Operational Efficiency: Leverage financial insight to identify and implement improvements in operational efficiency and cost reduction across the organization.
• Risk Management: Oversee the company's risk management policies and procedures, ensuring appropriate measures are in place to protect company assets and ensure financial stability.

Required Qualifications and Skills

• Bachelor's degree in Finance, Accounting, Business Administration, or related field. MBA or CPA strongly preferred.
• Minimum of 10 years of financial leadership experience, with at least 5 years in a CFO or senior financial leadership role in a manufacturing or industrial sector.
• Proven experience in private equity environments, with a deep understanding of PE expectations and dynamics.
• Strong background in ERP system implementation, with a track record of leading successful technology integration projects.
• Extensive experience in mergers and acquisitions, including due diligence, negotiation, and integration.
• Experience with the PE exits.
• Exceptional analytical, strategic thinking, and problem-solving abilities.
• Excellent communication and leadership skills, with the ability to drive change and build high-performing teams.
• Demonstrated ability to work effectively in a fast-paced, growth-oriented environment.

Application Process

Qualified candidates are invited to submit a resume detailing their experience relative to the responsibilities and qualifications listed above.