Chief Financial Officer - CFO

ADP, Inc.; Bensalem Township (Bucks County); On-site; USD 180,000 - 320,000; Full time

Benefits offered by this job

Employee-owned ESOP

401k with company match

PTO accrual

Job summary

ADP, Inc. seeks a CFO to lead financial strategy for an employee-owned industrial distribution and contract manufacturing organization.

The role covers accounting, FP&A, treasury, cash flow, reporting, internal controls, and ESOP administration, working with executives to drive profitability and long-term value for employee-owners.

This senior leader will optimize working capital, pricing support, capital investments, and cross-functional collaboration to sustain growth and value creation.

Qualifications

• Bachelor's degree in Accounting or Finance (CPA preferred).
• 10+ years of progressive accounting/finance leadership experience.
• Experience in manufacturing, industrial distribution, or contract manufacturing.
• Strong knowledge of GAAP, financial reporting, treasury, cost/inventory accounting, FP&A, internal controls.

Responsibilities

• Provide strategic financial leadership and partner with executive management to support growth and long-term planning.
• Direct all accounting functions: GL, AP, AR, fixed assets, payroll, cost accounting, and close processes.
• Ensure timely preparation of GAAP financial statements and coordinate audits, tax compliance and lender reporting.
• Lead annual budgeting, forecasting, long-range planning, variance analysis, and executive reporting.
• Oversee treasury management: cash flow forecasting, banking relationships, liquidity planning, and debt management.
• Drive working capital improvements: AR, AP, inventory, and cash conversion cycle.
• Analyze performance metrics and identify opportunities to improve profitability and efficiency.
• Partner with operations, sales, purchasing, and engineering for financial analysis and capital investments.
• Oversee ESOP administration: repurchase forecasting, valuation support, and trustee coordination.
• Evaluate capital allocations, including capex, acquisitions, debt, and strategic investments.

Skills

Strategic leadership

GAAP knowledge

FP&A

Treasury management

Cost accounting

Inventory accounting

Internal controls

ESOP management

Leadership

Financial reporting

Education

Bachelor's degree in Accounting or Finance

Job description

The CFO provides strategic financial leadership for an employee-owned industrial distribution and contract manufacturing organization. This role is responsible for the overall financial health of the business, including accounting operations, financial planning and analysis, treasury, cash flow management, financial reporting, internal controls, and ESOP financial administration. The Director partners closely with executive leadership to support growth initiatives, optimize working capital, improve profitability, and maximize long-term employee-owner value.

Responsibilities:

• Provide strategic financial leadership and partner with executive management to support business growth, operational improvements, capital investments, and long-term planning.
• Direct all accounting functions, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Payroll Accounting, Cost Accounting, and month-end/year-end close processes.
• Ensure the timely preparation of accurate monthly, quarterly, and annual financial statements in accordance with GAAP while coordinating external audits, tax compliance, and lender reporting.
• Lead the annual budgeting process, financial forecasting, long-range planning, variance analysis, and executive reporting to support informed business decisions.
• Oversee treasury management, including cash flow forecasting, banking relationships, credit facilities, liquidity planning, and investment of excess cash.
• Drive working capital improvements through effective management of accounts receivable, accounts payable, inventory, and the overall cash conversion cycle.
• Monitor financial and operational performance by analyzing key metrics, identifying trends, and recommending opportunities to improve profitability, efficiency, and return on invested capital.
• Partner with operations, sales, purchasing, engineering, and other business leaders to provide financial analysis, pricing support, customer profitability analysis, and capital investment evaluations.
• Oversee manufacturing and distribution finance, including product costing, inventory accounting, gross margin analysis, manufacturing variances, and supply chain cost performance.
• Manage the financial administration of the Company's ESOP, including repurchase obligation forecasting, valuation support, funding strategy development, and coordination with trustees, valuation advisors, auditors, and legal counsel.
• Evaluate capital allocation decisions, including capital expenditures, acquisitions, debt management, and strategic investments to ensure alignment with company objectives and long-term value creation.
• Provide financial insights and recommendations to executive leadership regarding business performance, growth opportunities, operational initiatives, and strategic priorities.
• Develop and improve financial processes, systems, and reporting capabilities to increase efficiency, scalability, and accuracy across the organization.
• Maintain strong internal controls, financial governance, and risk management practices while ensuring compliance with company policies, banking agreements, and applicable regulatory requirements.
• Lead, mentor, and develop the accounting and finance team while driving continuous process improvements, automation initiatives, and cross-functional financial collaboration.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related field required; CPA preferred.
• 10+ years of progressive accounting and finance leadership experience, including oversight of accounting operations, financial reporting, budgeting, and forecasting.
• Experience in manufacturing, industrial distribution, contract manufacturing, or a similar operational environment preferred.
• Strong knowledge of GAAP, financial reporting, treasury management, cost accounting, inventory accounting, financial planning and analysis (FP&A), and internal controls.
• Experience managing cash flow, working capital, banking relationships, and strategic financial planning.
• Experience supporting an Employee Stock Ownership Plan (ESOP), including repurchase obligation forecasting and valuation support, is strongly preferred.
• Proven leadership, analytical, communication, and organizational skills with the ability to influence decisions and build strong relationships across all levels of the organization.
• Medical/Dental/Vision/Disability effective first of the month after the hire date
• PTO accrual begins upon hire
• 100% employee-owned plus 401k with company match