Our client (the "Company") is a leading consumer services provider, operating in multiple markets across the US. Additionally, the Company operates in a highly fragmented sector, presenting numerous attractive Investment opportunities.
Backed by well-known PE investors, they are seeking an experienced CFO to provide leadership for the finance and accounting team.
Role Overview:
The CFO will be a strategic partner to the CEO, engaging directly in the formulation and execution of the company's growth strategy. In this role, the CFO will be responsible for building and sustaining a high performing accounting and finance function that enables growth through optimal financial execution and utilization of capital. The CFO will oversee accounting, finance, FP&A and capital markets activities of the company.
Key Responsibilities
The CFO will build and maintain a scalable accounting and finance function, establish or enhance critical processes, recruit and hire high quality talent and collaborate with other leaders to execute the company's strategy.
Key responsibilities include:
Build and scale a high-quality team that delivers excellence in accounting and finance policies, practices and processes
Establish operationally excellent and compliant accounting processes
Establish and sustain a financial infrastructure that delivers data, KPIs and insights to enable managers to effectively run and expand the business
Maintain and drive focus on cash flow management
Establish and drive long-term financial plans and annual budgets that align leaders and focus activity
Ensure timely, accurate and insightful performance reporting for the company, its private equity sponsor, lenders, and Board of Directors
Establish and manage effective forecasting and capital planning processes that adapt to change in markets, opportunities, and performance
Establish and maintain an efficient and effective capital structure including exploring various sources of public or private financing and attractive structures that match the company's stage of grow
Deliver analyses and insights that enable the company to continuously improve cost efficiency, profitability, and achievement of goals
Maintain effective banking, vendor, and other relationships (e.g., advisors) that support the companies near-term and longer-term needs
Implement financial discipline across the organization including cash forecasting and management, expense management, business case development (for requested initiatives) and performance management
Directly support and enable the company's M&A efforts
Professional Qualifications
Proven track record of operational success as a CFO and senior leader of a growing business
Multi-unit, multi-geography experience in a consumer services or broader services industry
Multiple years of experience as a CFO with responsibility for overseeing accounting, FP&A, treasury, and capital markets
Strong expertise in capital planning and capital markets - raising equity and debt, divesting assets, etc.
Outstanding knowledge of GAAP, IFRS, compliance and external reporting
Successful track record enabling acquisitions and effective integration of acquired businesses
Public company experience is a plus
Strong verbal and written communication and presentation skills
Demonstrated ability to lead with confidence and executive presence
Significant experience working with external auditors and other 3rd parties (e.g., bankers, consultants, vendors, etc.)
Education and/or Competencies
Bachelor's Degree in accounting or finance
CPA required
MBA is preferred
Experience successfully leading the strategy and operations functions of a multi-location organization
Blend of professional experience with strategy, sales and marketing, M&A and operations preferred
Proficient in utilizing data analytics and benchmarking systems to effectively oversee and stimulate growth across various locations and markets
Excellent analytical, reasoning, and problem-solving skills
Outstanding communication and presentation skills
Prior experience working with a private equity investor (preferred)
Personal Characteristics
Strong critical thinker with analytical skills and an ability to influence and make strategic and tactical decision through use of data, analysis, and experience
Strong leadership skills to guide and inspire an organization, especially through periodic market uncertainty and change
Willingness to embrace new technologies and innovative approaches