Chief Financial Officer - $250M PE Backed Company

Overview

Talento Human Capital has been engaged by a leading private equity firm who is growing a business in the supply chain & distribution space with revenues in excess of $250m. This business unit will serve as key platform for expansion in this global industry that represents nearly $10 Trillion in market cap.

Job Summary

As the CFO you will contribute to the development of the organization’s long term and short term business plans with a focus on planning, budgeting, and financial performance management. The CFO is a leadership position that contributes meaningfully to the strategy for the company with a well-rounded approach to general business matters across a variety of topics. Reporting to the CEO, the CFO ensures integrity by providing process knowledge, technical expertise, and reporting leadership with a strong focus on timeliness, accuracy, and consistency. The CFO's management skills, knowledge of accounting and financial forecasting, and skillful partnership building play a crucial role in advancing the company’s vision and goals. This role will drive the creation & maintenance of robust operating & financial models, manage annual budgets, oversee quarterly & annual planning process, track performance against forecast, and maintain a seat at the table in steering the business.

Responsibilities

Leadership

Develop a comprehensive plan for the organization to plan and execute on its objectives.

Create balanced scorecards and define the organization’s KPI’s for effective management.

Provide insights and recommendations to CEO and leadership team ensuring the organization is on track to execute on its short-term and long-term growth plans.

Implement policies, procedures and processes to scale and manage the organization effectively.

Mentor and develop finance team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic. Serve as talent champion developing the future leaders of the company.

Develop a holistic understanding of the company's financing needs and options.

Develop a strong “feel” for the business & operations. Constantly suggest and implement ways to improve business performance.

Work with executive leadership & functional heads to establish product-level P&Ls and department budgets.

Ensure all finance & accounting functions (month-end close process, FP&A, treasury, tax, accounting, payroll, etc.) are operating smoothly.

Interface with institutional investor, private equity, banks, and multiple finance entities on behalf of the organization.

Financial & Strategic Planning

Develop organization FP&A strategy and ongoing rhythms; implement a method to managing the business financially taking into account the needs of the peer group and overall company. Coordinate Monthly Business Reviews and Materials.

Create and establish yearly financial objectives that align with the company’s plan for growth and expansion; Direct and coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency

Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts; Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, policy change or revenue / profit optimization.

Analyze and review financial data, reporting financial performance, preparing budgets, and monitoring expenditures and costs.

Manage cash flow planning process and ensure funds availability, as well as investments and asset management areas.

Oversee monthly operating budget and annual company operating budget.

Coordinate and direct the preparation of budgets, financial forecasts, and report variances; Review and analyze monthly financial results and provide recommendations

Compares performance with operating plans, budgets, and standards to interpret and report to CEO & leadership team.

Direct, plan, and implement accounting / finance policies, objectives, or activities for the organization in order to ensure continuing operations, maximize returns on investments, or increase productivity.

Accounting, Tax, Audit, Risk & Insurance

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies. Ensure adequate revenue and cost accounting.

Manage all tax matters across the organization varying from state, income, federal and all other applicable tax dominions.

Enhance and implement financial and accounting systems, processes, tools and control systems while maintaining checks and balances.

Remain current on audit best practices as well as state, federal and local laws regarding company operations; Formulate internal controls and policies to comply with legislation and established best practices.

Assures protection for the assets of the entities through internal control, internal auditing, and assuring proper insurance coverage.

Partner with supply chain, operations & produce teams to ensure effective procurement management providing detailed budgeting and cost management support.

Lead and engage external, 3rd parties on Audits and Tax matters. Ensure accuracy of work delivered.

Treasury & Debt Management

Responsible for reporting to lenders / creditors (if applicable)

Develop and implement strategies to hit planned day sales outstanding targets.

Work with management to establish and maintain credit and collection policies per PC guidelines.

Review aged accounts receivable and take proper action to reduce risk.

Develop financial valuation models for capital investments.

Merger & Acquisition Integration

Perform due diligence with business unit and corporate / private equity M&A team on bolt-on acquisitions.

Partner with corporate investment team, legal teams and other teams and 3rd parties to develop effective integration and onboarding of new companies.

Special Projects

Lead projects and perform other duties as directed by Private Equity investors or Business Unit leadership.

Education

Master’s degree in accounting, finance, or similar field

Experience

10+ years of work experience, with a deep focus in finance across topics such as financial effectiveness, CFO advisory, process and policy, technology, operations, organizational structure and strategy, and / or transformation.

Experience in supply chain intensive businesses with a preference for fast-moving food & beverage distribution.

Proven experience as a Finance executive in a high organization with expertise in organizing and professionalizing business functions.

Exceptional practical knowledge of accounting and financial processes, including budgeting, financial closures, and reporting.

Significant experience working with external auditors, internal controls and compliance-related issues.

Experience leading business & finance transformation initiatives.

Solid knowledge of GAAP (Generally Accepted Accounting Principles) and regulations.

Proficiency in MS Office, particularly Excel

Expertise in accounting software

Superior attention to detail and problem-solving ability

Strong analytical and strategic planning skills

Effective communication, presentation, and interpersonal skills

Behavior Profile

Enjoys working in an entrepreneurial environment with a passion for living a good life in a great industry alongside good people.

Superior problem-solving skills and ability to work well under pressure in a demanding environment.

Enjoys big picture and vision with a balance on tactics and execution; Thinks strategically / end-to-end.

Excellent verbal and written communication skills with interpersonal skills.

Demonstrated leadership ability, confidence and executive presence.

Focused and determined at accomplishing objectives while treating people with dignity, respect and compassion.

About TalentoHC

TalentoHC is a high growth talent & organizational solutions firm. Through Talento Recruiting, we are transforming the customer experience standards in the recruiting services arena. The company was founded in 2017 with the belief that human capital should be viewed as an asset on the balance sheet. Through its integrated human capital services, the Talento team has supported 65+ enterprise, middle market and startup / high growth organizations in 15 countries with recruiting, contingent workforce management, employer branding, strategy, transformation, organization design & implementation, career pathing, outplacement, employer branding and leadership development solutions. Some of the benefits of working for Talento HCM are as follows :

Talento Human Capital (HC) is an equal opportunity employer, people are at the center of what we do!

People + Passion + Perseverance = Progress

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