Chief Financial Officer

Prospera Executive Ltd; New York (NY); Hybrid; USD 250,000 - 350,000; Full time

Job summary

Prospera Executive Ltd. is supporting a mid-cap private equity firm in a CFO search for one of their industrial manufacturing portfolio companies. The role is based in the mid-west with a hybrid setup and travel twice a month, reporting to the CEO and sponsors.

The CFO will lead finance transformation, professionalize reporting, close, controls and team, while driving forecasting, cash reporting, and working capital improvements to enable aggressive growth and value creation.

Qualifications

• Active CFO experience for a PE portfolio company.
• Proven ability to execute a buy-and-build strategy.
• Experience in the industrial/manufacturing sector.
• Sponsor-backed exit experience preferable.

Responsibilities

• Professionalize day-to-day finance operations including reporting, close, controls, systems and team.
• Develop robust forecasting and cash reporting for CEO and Board.
• Collaborate with CEO and sponsors on margin, pricing, and working capital.
• Lead due diligence and ensure acquisitions are properly integrated.
• Oversee ERP implementation and integration.
• Establish best-in-class processes and controls to support growth.

Skills

CFO experience

Buy-and-build

Manufacturing sector

Sponsor-backed exit

Job description

Prospera Executive are supporting a mid-cap private equity firm on a CFO search for one of their industrial manufacturing portfolio companies. The role is based out of the mid-west but has a hybrid arrangement allowing for travel twice a month.

The company are looking to adopt a buy-and-build strategy to foster both inorganic and organic growth, and are seeking a CFO who can drive transformations across finance, professionalizing the company as they transition from founder-led to operating under institutional backing.

Responsibilities

• Professionalize the day to day running of finance, fixing any gaps in reporting, the close, controls, systems and the team.
• Build proper forecasting and cash reporting the CEO and Board can rely on.
• Work closely with the CEO and sponsors on margin, pricing and working capital.
• Leading diligence and making sure acquisitions are properly integrated.
• Manage the implementation and integration of new ERP systems.
• Implement best in practice processes and controls, building out a strong finance team to help facilitate growth.

Profile

• Actively served as a CFO for a PE portfolio company.
• Demonstrable experience delivering a buy-and-build strategy.
• Experience in the industrial or manufacturing sector.
• Sponsor-backed exit experience is preferable.