CFO/Controller

Job Description: Chief Financial Officer (CFO)

Position Overview:

The Chief Financial Officer (CFO) will play a pivotal role in shaping the financial future of our company, which has been a leader in the dry dairy product industry since 1976. Reporting directly to the CEO/President, the CFO will be responsible for crafting and executing financial strategies that drive sustainable growth, ensure financial stability, and support the companys ambitious expansion plans. This role requires a dynamic leader with deep industry expertise, capable of balancing strategic vision with operational excellence.

Employee Value Proposition (EVP):

This is a rare opportunity for a seasoned financial executive to make a significant impact on a well-established company poised for its next phase of growth. The CFO will have the autonomy to lead critical financial initiatives, work closely with an experienced leadership team, and play a key role in driving the company's long-term success. The role offers a blend of strategic influence and hands-on leadership, in a company that values innovation, integrity, and excellence.

Major Performance Objectives:

1. Develop and Implement a Comprehensive Financial Strategy

Within the first 90 days, assess the current financial landscape and develop a comprehensive financial strategy that aligns with the companys growth objectives. This strategy should encompass short-term financial goals as well as long-term business sustainability. Within six months, present this strategy to the owners, outlining the key financial levers that will drive profitability and growth.

2. Optimize Capital Structure and Manage Financial Risks

Oversee the companys capital management efforts by optimizing the capital structure, including debt, equity, and working capital. Within the first 180 days, identify key financial risks and implement robust risk management practices, ensuring that internal controls are strengthened across all financial operations. This objective includes maintaining sufficient liquidity to support ongoing business operations and future investments.

3. Lead Budgeting, Forecasting, and Financial Reporting

Lead the annual budgeting process, ensuring the development of accurate and realistic forecasts that align with the companys strategic goals. Within the first 120 days, implement enhanced financial models that provide greater insight into future growth and profitability. Oversee the timely and accurate preparation of financial statements, ensuring compliance with all regulatory requirements and delivering transparent reports to the owners.

Critical Subtasks:

1. Conduct a Financial Audit and Assessment

Within the first 60 days, conduct a thorough audit of the companys financial systems and processes to identify areas of improvement. Provide recommendations to streamline operations, reduce costs, and enhance financial reporting accuracy. This audit will serve as the foundation for future strategic decisions and operational improvements.

2. Develop and implement a 30-60-90 Day Action Plan

Immediately upon starting, create a 30-60-90-day action plan to address urgent financial challenges, establish key priorities, and begin implementing the financial strategy. This plan should include specific milestones and measurable outcomes to track progress and ensure alignment with overall business goals.

3.Strengthen Investor Relations and Communication

Serve as the primary liaison between the company and its investors. Within the first 90 days, establish a robust communication plan that provides investors with clear, consistent updates on the companys financial health and strategic direction. This task will involve regular meetings with investors and the preparation of detailed financial presentations.

4. Collaborate with Cross-Functional Teams

Work closely with other senior leaders to ensure that financial strategies are aligned with the companys broader business objectives. By the end of the first six months, establish regular cross-functional meetings to discuss financial performance, share insights, and collaborate on key initiatives that drive business growth.

5. Lead a Major Strategic Initiative

Identify and lead a major strategic initiative that will significantly impact the companys financial performance. This could involve a new product launch, market expansion, or a cost-reduction program. The initiative should be completed within the first year and result in measurable improvements to the companys financial health.

Company Culture Overview:

Our company operates in a fast-paced, results-driven environment where collaboration and innovation are key to success. The CFO will be expected to lead with integrity, foster a culture of excellence, and drive continuous improvement across all financial functions. The leadership style at the company is hands-on, with a strong emphasis on teamwork and open communication. The CFO will need to be adaptable, proactive, and committed to achieving long-term business goals.