Chief Financial Officer

Chief Financial Officer

North Carolina (On-site)

C. $300k

This mid-market ($4bn AUM) private equity fund is looking for a best-in-class CFO for one of their manufacturing portfolio companies. The aerospace and defense manufacturer ($100m) supplies bespoke components to both federal and commercial markets, with an ever-growing order book and increasing customer base. They are over half-way through their investment cycle and now need to upscale their CFO to cope with the expected growth and lead the business through an eventual exit. This candidate must be an expert in the manufacturing industry and have prior private equity experience. It is pivotal to the success of the business that the incoming CFO can be a strategic leader with the board and work closely with the executive members.

Responsibilities

• Develop long-term financial strategies aligned with the company's vision and objectives.
• Lead on all M&A activity.
• Identify all future target acquisitions.
• Lead the monthly integration of financial data from the separate legal entities.
• Lead the annual budgeting and forecasting process, providing insightful financial analysis, and identifying opportunities for cost optimization and revenue growth.
• Develop and implement financial models to assess investment opportunities, pricing strategies, and potential acquisitions.
• Lead on the inorganic growth, planning and executing on acquisitions.
• Oversee the timely and accurate preparation of financial statements, ensuring compliance in line with regulatory requirements.
• Provide regular financial performance updates to the executive team and private equity investors, highlighting key performance indicators (KPIs) and financial trends.
• Conduct in-depth financial analysis, risk assessments, and scenario planning to support strategic decision-making.
• Monitor and manage cash flow, working capital, and liquidity to ensure the business's financial stability and to optimize capital allocation.
• Establish and maintain relationships with financial institutions to secure financing and banking services that align with the company's needs.
• Implement and maintain robust internal financial controls and policies to safeguard company assets and ensure compliance with financial regulations.
• Work with the audit and compliance teams to facilitate external audits and ensure adherence to all reporting and regulatory requirements.
• Act as the primary liaison with private equity investors, providing financial updates, responding to inquiries, and building strong relationships to instill confidence in the business's financial management.
• Identify and manage financial risks, implementing risk mitigation strategies to protect the business from potential adverse impacts.
• Build and lead a high-performing finance team, fostering a culture of collaboration, innovation, and continuous improvement.

Requirements

• Bachelor's degree in finance, accounting, or a related field. An MBA or advanced degree is a plus.
• Must have proven experience in manufacturing industries.
• Experience as CFO in a private equity backed business.
• FP&A Background
• Be on-site in North Carolina office.
• Strong financial acumen and strategic thinking skills, with a track record of driving financial performance and contributing to business growth.