LOCATION: Los Angeles, CA
SCOPE AND RESPONSIBILITIES:
Reporting directly to the CEO, this position will be based at corporate headquarters in the greater Los Angeles area. The CFO will oversee the company's global financial planning & analysis, tax, insurance, treasury, accounting and control, human resources, and information technology (IT) functions. As the chief financial spokesperson for the entity, the CFO will partner with the CEO to execute its strategic plan:
Accounting Process & Controls -- Establish, implement, monitor, enhance and enforce internal controls, policies and procedures that guide fact-based financial decision-making and proper financial reporting; consolidate, monitor and confirm financial condition of the company.
Organizational Leadership -- Manage, staff, and develop the Company's global fiscal function and evaluate overall organizational performance; execute staff succession and growth plans through effective coaching, counseling and mentoring and top-grade organization where and when required.
Financial Reporting & Management -- Lead the accurate and timely delivery of financial statements and budgets & forecasts, develop KPI's including monthly and quarterly Board reporting as well as annual financial statements and footnotes; provide information to and coordinate with external auditors, lending institutions, investors, as well as the Board. Proactively identify and address / mitigate the root causes of variances.
Cash Management -- Oversee cash-related activities with an explicit focus on driving the most efficient use of working capital and debt throughout the business; monitor and approve all cash-related transactions and prepare accurate Statement of Cash Flows and cash forecasting reports. Proactively manage foreign exchange risk.
EXPERIENCE AND QUALIFICATIONS:
The preferred candidate will be a disciplined, respected and effective leader / communicator and senior financial professional with at least 15-20 years of overall experience, including at least one stint as a standalone CFO of a successful company. The successful candidate will combine effective hands-on day-to-day financial management with innate curiosity, insightful strategic thinking, refined analytical competencies and superior management skills. Manufacturing experience is required.
Finance Organization Leadership -- CFO level experience managing the complete range of global finance and human resources functions inside a lower, mid-market company, including FP&A, tax, treasury, human resources and accounting and reporting.
Strong Technical Finance Skills -- Grounded in accounting, processes, and control and successful experience working closely with audit firms and their partners on both tax and audit issues; respected by audit firms as a technically capable finance executive balanced with strong management skills.
Demonstrated Communication Skills -- Effectively and succinctly synthesize data and information to provide insight and financial perspective to both internal and external stakeholders.
Efficient Capital Allocation -- Hands-on finance executive who will build a lean effective finance function that will wisely allocate capital; an executive who enjoys the daily challenge of a fast-paced environment where priorities may shift quickly and is expected to do a lot with minimal resources across a range of duties.
The CFO will be confident and will earn a leadership role at the Company by understanding the business and working closely with the management team, and CEO. The CFO will have a strong, reassuring, professional presence and demeanor - an executive with gravitas who can lead a organization and assist others in managing challenges and capitalizing on opportunities along the way. The CFO will have superb interpersonal skills and interface well with all levels in the organization with the capacity to educate a wide range of internal players on how to harness finance in pursuit of profit objectives. The CFO will be inclusive, listen well, and effectively synthesize multiple opinions in developing business solutions. The CFO will also be comfortable expressing a contradictory, minority opinion when appropriate.
- 'Entrepreneur' - constantly looking for opportunities (internal/external) to create value. Commercial and strategic thinking
- 'Line' Manager - proactively drive and challenge the line organization for sustainable growth and development, show leadership capabilities outside traditional 'back office' function
- 'Confidant' - the business partner of the CEO, full trust and respect needed for success. Full transparency, ability to challenge, discuss, and find opportunities. Sparring partner, with a good overview of what is going on in the whole company
- 'Conscience' - the guardian of corporate compliance and governance, and to manage this professional, it is not all black and white, sometimes we work with grey.
- BA / BS in math, finance, accounting, business administration or other quantitative discipline is highly preferred. MBA is a plus. CPA is highly preferred.