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Chief Financial Officer

Dober
Woodridge, IL Full Time
POSTED ON 3/2/2025
AVAILABLE BEFORE 3/21/2025

About Dober Industries:

We are a well-established, 100% family-owned private enterprise that has been in business since 1957. We manufacture and sell industrial chemicals and develop and sell software-as-a-service (SaaS) solutions—a rare but highly successful combination that drives our business forward. Guided by our Core Values, we are a company that prioritizes culture, innovation, and sustainability. Our company purpose is to Foster ideas to create sustainable solutions that help businesses thrive.

At Dober, our work culture adapts with the times, but our Core Values stand the test of time. We define culture as how we get work done, which includes encouraging everyone to speak up, be heard, and embrace courageous thinking.

We are experiencing rapid growth in both our chemical and SaaS businesses and are looking for a Chief Financial Officer (CFO) to join our executive team to help lead our company into its next chapter of success.

Role Summary:

The CFO will serve as a key member of the executive leadership team, guiding Dober's business and growth strategy. This individual will oversee all financial functions, provide strategic financial leadership, and ensure the financial health of our organization. The CFO will also lead the charge in securing growth capital, exploring AI-driven efficiencies, and maintaining our high-performing finance team.

Skills, Experience and Responsibilities of Dober's CFO Role:

  • Strategic Leadership:
    • Develop and execute financial strategies aligned with the company's overall business objectives.
    • Serve as a key member of the executive team, advising on company strategy, operations, and growth opportunities.
    • Identify and evaluate potential M&A opportunities or partnerships.
    • Provide financial insights to guide business decisions, including market expansion, product development, and capital investments.
  • Financial Planning & Analysis:
    • Oversee the budgeting, forecasting, and financial planning processes.
    • Conduct scenario planning and financial modeling to assess the impact of business decisions.
    • Analyze financial performance metrics, identifying trends and opportunities for improvement.
    • Manage cash flow, ensuring adequate liquidity to support operations and growth.
  • Accounting and Reporting:
    • Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
    • Oversee compliance with GAAP or IFRS and any relevant regulatory requirements.
    • Collaborate with external auditors to ensure successful completion of annual audits.
    • Implement and maintain robust internal controls to safeguard company assets.
  • Capital and Risk Management:
    • Develop and manage relationships with banks, lenders, and financial institutions.
    • Lead efforts to secure growth capital, including debt, equity, or alternative financing.
    • Monitor and manage financial risks, including foreign exchange, credit, and operational risks.
    • Evaluate and manage insurance coverage and risk mitigation strategies.
  • Operational Finance:
    • Oversee treasury functions, including cash management and investments.
    • Optimize the cash conversion cycle and working capital management.
    • Lead initiatives to improve operational efficiency and cost management.
    • Collaborate with IT and operations to ensure alignment of financial systems with business needs.
  • Team Leadership:
    • Lead, mentor, and develop the Finance and Accounting teams to ensure high performance.
    • Foster a collaborative and innovative culture within the Finance department.
    • Build succession plans to ensure continuity within the Finance leadership.
  • Technology and Process Optimization:
    • Identify and implement financial technology solutions to improve efficiency (e.g., ERP, AI tools, and automation).
    • Stay informed about emerging trends in financial technology and their applicability to the company.
    • Oversee system integrations and upgrades to support scalability.
  • Compliance and Governance:
    • Ensure compliance with all tax, regulatory, and legal requirements.
    • Prepare and present financial reports to the board of directors and other stakeholders.
    • Support corporate governance initiatives and maintain alignment with shareholders' expectations.
  • Stakeholder Communication:
    • Serve as the primary point of contact for financial stakeholders, banks, and auditors.
    • Prepare and deliver presentations on financial performance and strategy to the board and executive leadership.
    • Maintain transparency and trust with all stakeholders through consistent and clear financial communication.
  • Growth and Innovation:
    • Explore and implement AI-driven tools and processes to improve efficiency and analytical capabilities.
    • Support strategic initiatives like market expansion or diversification into new business lines.
    • Continuously evaluate the company's financial structure to support scalability and growth.

    Requirements:

    • MBA from a recognized institution.
    • Growth capital experience.
    • Extensive business and financial reporting experience.
    • Proven ability to lead cross-functional teams and collaborate effectively.
    • Strong background in FP&A and analytics.
    • Expertise in automation and emerging technologies, including AI.
    • Leadership experience in the manufacturing and distribution industries.
    • Networking skills to build and maintain external relationships.

    Preferred Experience:

    • CPA certification.
    • Experience with mergers, acquisitions, or company sales.
    • Budgeting expertise.
    • Background in the chemical manufacturing industry.
    • Experience reviewing, editing and approving legal contracts.

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