Chief Financial Officer - Automotive Parts Manufacturing #1508

A well-established supplier in the automotive sector is recruiting for a seasoned Chief Financial Officer to become part of their senior leadership group. This strategic executive position reports to the CEO and encompasses oversight of financial operations throughout their United States locations.

The organization has built a reputation for its committed team members and capable leadership, presenting an opportunity for high visibility within a dependable manufacturing setting. The ideal candidate will oversee an established finance function and contribute significantly to the company's fiscal performance while delivering reliable financial analysis and strategic counsel to senior leadership.

Key Responsibilities

Strategic Financial Leadership

• Prepare quarterly forecasts and respond to corporate reporting requirements
• Lead strategic and financial planning in alignment with corporate guidelines and objectives
• Develop and coordinate mid-range plans (MRP) and annual budgets across all operations
• Optimize profitability to ensure sustained growth and adequate returns to shareholders
• Serve as a key member of the executive management team, partnering closely with the CEO to drive organizational success

Financial Operations & Reporting

• Analyze part profitability
• Ensure timely and accurate financial reporting to the parent company
• Ensure all tax returns are filed timely and coordinate tax planning efforts
• Manage treasury functions and cash flow forecasting
• Review and approve capital appropriation requests according to the approval matrix
• Oversee all finance and administration functions, including financial and cost accounting, controlling, treasury, and budgeting

Department Leadership

• Serve as Trustee for the employee 401(k) benefit program
• Define and implement personnel policies for the finance department
• Manage a fully staffed finance team
• Develop annual bonus program targets and oversee benefit program changes

Business Partnership & Analysis

• Coordinate special projects and analyses as identified by the President
• Monitor and resolve customer collection issues, particularly with OEM invoicing requirements
• Prepare financial projections and business cases for major new programs and capital expenditure (CapEx) projects
• Create and maintain executive-level reporting dashboards
• Review and analyze the financial impact of major contracts

Legal & Compliance

• Review key contracts with applicable departments (sales, purchasing, tooling)
• Maintain and ensure compliance with the authority and approval matrix
• Coordinate administration of legal proceedings with corporate counsel

Requirements

Education

• MBA or advanced degree in Finance/Accounting (preferred)
• Bachelor's degree in Accounting, Finance, or related field

Experience

• Strong background managing finance departments within manufacturing environments
• Proven experience as a CFO or senior finance leader in a manufacturing organization with annual revenues exceeding the $300 million range
• Automotive industry experience - automotive components manufacturer serving Tier 1 suppliers and OEMs
• Experience with U.S. GAAP and multi-entity consolidations preferred (IFRS)
• Demonstrated success in financial reporting, budgeting, forecasting, and strategic planning

Technical Skills

• Strong reporting and dashboard creation skills
• Advanced financial modeling and analysis capabilities
• Proficiency working with ERP systems

Soft Skills & Competencies

• Strong problem-solving and analytical capabilities
• Trustworthy and able to maintain confidentiality
• Strategic thinker with strong business partnership skills
• Proven ability to work effectively with executive teams
• Excellent leadership and communication abilities

Other Requirements

• Willingness to travel annually to other US operations and internationally for corporate meetings

Preferred Qualifications

• Knowledge of precision components manufacturing or advanced manufacturing environment
• Experience working with international parent companies and matrix reporting structures
• Familiarity with European business practices

Benefits

Compensation & Benefits Package

Base Salary: $200,000 - $235,000

Bonus: Performance-based bonus, tied to financial metrics and personal goals

Benefits:

• Comprehensive medical insurance
• 401(k) retirement plan
• Dental and vision coverage
• Life Insurance
• Car allowance

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