Chief Financial Officer
Location:   Sidney, OH
Salary:   based on experience
Our client, American Trim, LLC is a 3rd generation family-owned contract manufacturing company that began operations as Lima Tool and Die in 1948. The goal from the start was to provide manufacturing solutions that reduce cost and improve design. Lima Tool and Die received its first big order of 50,000 range handles in the 1950s initiating entry into the appliance industry. Through several acquisitions and organic growth since then, American Trim has expanded its Appliance division, and established Heavy Duty Truck, Automotive, and Aftermarket divisions which collectively ship over 40 million parts across the globe each year from eight facilities located in the US and Mexico.
JOB SUMMARY: After 35 years as financial leader and trusted advisor to the family owners, the current CFO will soon retire from American Trim. His successor will play a critical role in determining strategic direction and – as fiscal steward of American Trim – also develop and maintain a detailed knowledge of the business (e.g. product and program costs) to render trusted advice to his / her peers, the CEO and ownership. Reporting directly to the CEO, the CFO will be responsible for leading, planning, implementing, and advising on all financial-related activities including assessing and evaluating financial performance with respect to long–term operational goals, budgets and forecasts. In addition, the CFO will develop and augment existing financial processes to improve and maintain the health of the company. The CFO must possess deep financial knowledge, broad strategic insight and highly developed leadership qualities and interpersonal skills.
KEY JOB RESPONSIBILITIES:
The CFO has 2 direct reports and a total staff of 30 most of which are based in Lima, Ohio. Frequent interaction and collaboration with other members of the executive leadership team will require the CFO to spend time each week at the Lima, Ohio corporate office and Sidney Ohio manufacturing facility. He/She will lead the Finance/Accounting and IT teams with a focus on the following areas:
Leadership Duties – Will have a hands-on leadership style with the accounting, finance and information technology teams. Builds high level of trust and credibility throughout the organization and can present the unvarnished truth in an appropriate manner. Serve as a key member in strategic planning. In addition, invests and develops in the team by providing feedback and coaching.
Controllership Duties – Report and analyze the company’s past and present finances and ensure full transparency over the financial performance of the company. Review and ensure application of appropriate internal controls. Serve as the key point of contact for external auditors; manage preparations and support of all external audits.
Financial Duties – Use commercial and financial information to tell the story and predict the company’s business successes in the future on products and services to determine profitability. Develop and maintain period operating budget and annual company operating budget. Commercial strategy engagement including financial modeling and program analysis.
Treasury Duties – Oversees American Trim’s cash management and treasury duties.
Tax Duties – Oversees Corporate Tax to ensure compliance and tax savings opportunities are identified and implemented.
Compensation & Benefits Duties– Oversee the compensation and benefits programs including executive and deferred compensation for the American Trim organization. Collaborate with HR to provide strategic oversight for the company’s total reward programs.
Information Technology Duties – Oversee the infrastructure of technical operations in order to achieve the operational goals, eliminate security risks and the maintenance of systems.
IDEAL CANDIDATES’ QUALIFICATIONS AND EXPERIENCE:
- 15+ years’ experience in a senior financial leadership position
- Relevant financial roles with privately-held (preferably family-owned) manufacturing companies that serve domestic and international customers
- Bachelor’s Degree in Accounting, Finance or related field is required
- CPA, CMA, CTP and / or MBA strongly preferred
- M&A experience desirable
- Experience working with a Board of Directors
- Multi-site leadership experience
- Exceptional communication skills; integrity beyond question
- Midwestern work ethic and a high “do/say” ratio
- Relocation assistance is available for non-local candidates
- Midwestern candidates are preferred