Chief Financial Officer

4 weeks ago


newark, United States LaMotte Company Full time

The Chief Financial Officer (CFO) will report to the President & CEO of LaMotte and will have a dotted line to the Chief Financial Officer of Arthur H. Thomas Company. They will have a strategic and tactical role in the overall growth of LaMotte. This role is an opportunity to be the financial leader for a dynamic privately held company. The CFO will be a key advisor to the CEO and other members of the senior executive team.


This person will have responsibility for all finance-related activities of LaMotte, including accounting, treasury, financial reporting, and financial planning and analysis. The CFO will attract, mentor, and develop a high-performing finance team and be a key advisor to operational leadership at all levels of the company. The successful candidate will have excellent management and leadership skills, with a demonstrated track record of working in growing, transformational organizations and impacting growth strategy.


The CFO will serve as a business partner responsible for challenging and supporting business unit leadership, increasing their ability to anticipate business issues and drive sound decision- making throughout the organization. The successful candidate will have the ability to function at a broad-based, strategic level while being capable of driving detailed, tactical execution. This position will be the “Go-To” resource for the company’s leadership team from a financial and strategic perspective and will have considerable interaction with and visibility to the entire

Senior Leadership team. To be successful, this leader must quickly develop trust with stakeholders through a combination of technical knowledge and financial savvy.


Position Description:

  • Establish and maintain financial objectives, policies, and controls;
  • Prepare budgets and financial forecasts/projections;
  • Responsible for accurate and timely cash flow projects;
  • Proactively and continuously prepare and make recommendations based on financial analysis of the business and LaMotte’s overall objectives;
  • Evaluate business operations and make recommendations for value creation; this includes investments of capital and cost-reduction initiatives;
  • Ability to assess and take risks in order to optimize opportunities or to create opportunities when appropriate;
  • Engage in continuous improvement initiatives to drive efficiency and accuracy of all financial planning and reporting processes;
  • Provide timely and accurate analysis of budgets, financial reports, and financial trends in order to assist the President & CEO and other senior leaders in performing their responsibilities;
  • Assist in educating other leaders and employees on the financial metrics and levers that will drive improved results in the business unit and the company;
  • Establishes and maintains strong relationships with senior executives to identify their needs and seek a full range of business solutions;
  • Develop solutions to business challenges and present them to strategic partners within the company;
  • Enhances and implements policies and procedures to improve the internal controls of the organization;
  • Seek continuous improvement of the budgeting process through education of managers on financial issues impacting their budgets, including identifying ways in which to minimize costs and maximize performance;
  • Identify or recruit and mentor high-potential talent, setting high standards for finance personnel across the organization;
  • Work with the CEO and leadership team to manage the business with strong financial discipline and bottom-line orientation;
  • Drive improvements for the Company’s financial close and reporting processes to drive efficiency and improve internal controls;
  • Leading the monthly close to ensure the timely reporting of consolidated financial results to Arthur H. Thomas Company.


Qualifications:

  • Bachelor’s degree in finance/accounting or a related field is required. An MBA and/or
  • CPA designation is strongly preferred;
  • The successful candidate will have a minimum of 12 to 15 years of related experience in controllership and/or executive-level financial management; ideally, he/she should have a minimum of five years in a senior-level finance role with team oversight;
  • The selected candidate must be an enthusiastic and entrepreneurial self-starter who is willing to roll up their sleeves, engage, and approach the business with an owner’s mentality; he/she has high energy and an enthusiastic, can-do attitude coupled with self-awareness, humility, and the ability to listen before acting;
  • This individual has a high degree of personal responsibility and has a strong work ethic;
  • He/she is a team player, builder of good relationships internally and with customers, and has a high level of personal and professional integrity.


Knowledge, Skills & Abilities:

  • Minimum of 12 years of experience, including controllership and/or executive-level financial management, in relevant positions;
  • Experience serving as a business partner to a President or CEO; the individual must have the ability to build strong relationships and partner across LaMotte’s corporate leadership teams to help drive the business;
  • Experience in corporate and/or divisional financial planning and analysis; this experience should include target setting, planning, and forecasting; performance reporting standards and governance; decision support; and business process leadership;
  • Experience managing within a multi-location ERP environment is highly desirable;
  • Experience managing system implementations is highly desirable;
  • Risk management experience and orientation toward identifying and managing key risk factors facing a business unit and the effect that may have on the enterprise;
  • Strong influencing and relationship-building skills; must demonstrate the ability to secure buy-in at all levels within LaMotte.


Key Leadership Characteristics:

  • Organized and Engaged Leadership – Able to define priorities and focus on areas that add value; good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient workflows;
  • Collaboration – Demonstrates the ability to work across functions as part of a leadership team; displays inclusive working practices; brings people together across functional, geographic, organizational, or philosophic boundaries to achieve results as a team and share best practices;
  • Change Management - Has played an integral role in transformational changes; adept at communicating the organization's vision and working through people to achieve results;
  • Integrity and Honesty - Demonstrates the highest degree of integrity with all stakeholders; looks to create value for employees and shareholders through good corporate citizenry


About Us:

LaMotte Company, a 100+ year-old global industry leader in developing and manufacturing premier water analysis solutions, operating in Newark, DE, Chestertown, MD and Warwick, UK. Our products are used around the world to accurately, quickly, and conveniently test water in a multitude of applications.


LaMotte is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, disability, miliary status, genetic information, sexual orientation, or any other legally recognized protected basis under federal, state, or local laws.


To apply, please apply online or email your resume to lvarnum@lamotte.com.



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