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CFO Position at Lafferty Equipment Manufacturing

2 months ago

North Little Rock, Arkansas, United States Lafferty Equipment Manufacturing, Inc. Full time
Chief Financial Officer Opportunity at Lafferty Equipment Manufacturing, Inc.

As the Chief Financial Officer (CFO) at Lafferty Equipment Manufacturing, Inc., you will take charge of all financial operations within the organization. Your primary objective will be to enhance operational efficiency while delivering data-driven insights that foster sustainable growth. We are in search of a proactive leader with exceptional business insight and a proven track record in guiding a diverse team towards achieving financial success.

Key Responsibilities:

  • Team Development: Inspire and cultivate a high-performing finance team to deliver outstanding results.
  • Strategic Direction: Formulate and execute strategic initiatives aimed at boosting profitability and operational productivity.
  • Financial Management: Oversee the organization’s financial health, including budgeting, forecasting, and managing financial reports.
  • Acquisition Strategy: Contribute to identifying potential acquisition targets and ensure thorough financial diligence and integration.
  • Regulatory Compliance: Guarantee adherence to all legal and regulatory standards while maintaining exceptional quality control.
  • Board Reporting: Prepare and present comprehensive financial statements to the board periodically.

Performance Metrics for the Initial Year:

  • Enhance financial accountability across key business metrics and track improvement initiatives.
  • Assess acquisition opportunities and achieve over $25M in annualized revenue.
  • Optimize costs to reduce SG&A expenses to 17% of sales.

Compensation Package:

A competitive salary and benefits package will be provided, commensurate with experience and qualifications. Equity participation may also be included.

Qualifications:

  • A minimum of 10 years in a financial leadership role within a manufacturing setting.
  • Demonstrated success in financial statement management and achieving commercial objectives.
  • Strong leadership capabilities with a talent for motivating a diverse and expanding team.
  • Excellent verbal and written communication skills.
  • Bachelor's degree in Accounting and a CPA designation; CFA and other relevant certifications are advantageous.
  • International experience is highly desirable.