Our firm has been retained to recruit their Chief Financial Officer for a $50MM manufacturer of engineered hydraulic cylinders for material handling and mobile equipment OEMs.  Backed by BB&T Capital Partners, our client has four production facilities, including one in the United Kingdom and one in India.  Their global manufacturing capability gives them the competitive strength to meet the needs of major OEM customers, such as Mitsubishi Caterpillar Forklift, Toyota Industrial Equipment, and Nissan Forklift.  With an ever-growing client and product base, the company has set its sights on $100MM in revenues within the next five years.  

Reporting to the President, the successful candidate will manage the company’s financial operations.  He/she will oversee all financial reporting, cost accounting, information technology, risk management, and bank relations.  The Chief Financial Officer will also participate in strategic planning, investor relations, and the operational decisions necessary to grow the business.  Such situations could include capital expenditures, acquisitions, and customer contract analysis. 

Key qualifications include:

•   a minimum of fifteen years of professional financial management; experience must include tenure with a $50MM+ multi-location manufacturing company; the ideal candidate has been the Chief Financial Officer with a company with global manufacturing facilities;

•   financial acumen and significant analytical skills; candidates will have strong operational accounting and financial reporting skills; will have demonstrated a grasp of cost accounting and an intuitive sense about costs; will be proficient in cash flow forecasting and financial modeling;

•   successful experience working directly with the outside financial community, including commercial lenders and, ideally, private equity investors; will have participated and/or led financing efforts; will have also demonstrated the ability to thrive in a leveraged environment;

•   excellent communications skills; candidates must be effective in communicating with people at all levels (from the manufacturing floor to executive management and the Board) of the organization;

• an innovative and strategic mindset; will be interested in and involved with operational issues and how they affect the financial function; will be able to meaningfully participate in developing strategies to support a rapid growth plan; will bring rational, objective judgment to bear on tough issues and decisions; will naturally strive to simplify the business, not make things more complicated.

This is an excellent opportunity to join a rapidly growing company.  An attractive compensation package, including base salary, bonus, and equity, will be tailored to the successful candidate’s requirements.

If you have a personal interest in this position or thoughts of knowledgeable sources or potential candidates, please email resume8@sockwell.com.  Your suggestions will be kept in strictest confidence. 

This search was recently completed, and the successful candidate will report shortly.