What are the responsibilities and job description for the Chief Financial Officer position at PE Backed Provider of Mission Critical Electronics?
Harvest CFO Executive Search has been retained to deliver a highly skilled Chief Financial Officer (CFO) for a leading provider of mission-critical electronics technology solutions. The company’s distinctive offering of manufacturing services and RF products include quick turn printed circuit board assembly, prototyping, RF components, advanced microelectronics, system integration and test services. Customers rely on this company to produce high-quality electronic assemblies for their impactful and life-saving products, from space-rated systems for launch vehicles to defense electronic warfare applications in most demanding applications industries with a focus on high-reliability. Currently generating more than $50MM in annual revenues, and backed by a well-regarded private equity firm, this company has a strategic plan of continued profitable growth through both organic market expansion and add on acquisitions (M&A). Headquartered in San Jose, CA with operations in San Jose and Londonderry, NH, this company has a track record of success built on integrity and consistency in delivering value to its customers and suppliers and has a culture steeped in innovation, customer service, collaboration, and employee engagement.
This CFO role is a key strategic executive leadership position partnering with the CEO, management and the PE sponsor to achieve the strategic plan.
Harvest CFO Executive Search is the premier executive search partner for the CFO role for private equity portfolio companies.
Desired Competencies
- Direct industry experience in a manufacturing business environment preferred. Electronics manufacturing and Defense & Space contracting experience considered a plus.
- Successful experience :
- as a financial leader who is both “hands-on” and “scalable” in a commercial operations environment with revenues of at least $50MM with proven ability to manage growth;
- in a financial leadership role in a private equity portfolio environment or similar experience;
- managing manufacturing costing systems / processes, including costing and inventory management;
- partnering with the management team to implement pricing best practices to improve revenue and profit opportunities;
- developing a high performing financial planning and analysis (FP&A) function;
- implementing / managing initiatives to optimize cash flow and working capital, including forecasting and liquidity planning;
- as a change leader / manager advancing financial management best practices across the business;
- working as a business partner across all functions of an organization;
- in a leadership role as to evaluation, improvements, and implementation of ERP systems;
- managing lender relationships and requirements contained within credit agreements, including financial reporting, cash forecasting, borrowing base, and covenant reporting;
- as a business partner with the management team and PE Firm to achieve targeted results and development and execution of the strategic plan;
- in a leadership role as to acquisition due diligence and post-acquisition integration, including monitoring progress towards targeted synergies and cost savings;
- in a leadership role in an eventual company sale process.
- Partners with the Sales, Operations, and Supply Chain teams, reports to the CEO, and interfaces with the Board of Directors and private equity sponsor.
- Accounting and Finance will report to the CFO.
- CPA license and / or MBA are preferred but not required.
Salary : $50
