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Our firm has been retained to recruit a Chief Financial Officer for a $100MM manufacturer of over-the-counter, private label/store brand pharmaceutical products. Headquartered near Greenville, SC, our client is privately held with private equity investors.
The company has grown from $7MM to $100MM in annual revenues over the past ten years. Its mission is to create value for customers, shareholders, and employees by providing quality, value oriented, niche products. To date, the company serves 55 of the top 55 supermarket chains, 10 of the top 10 drug stores, 5 of the top 5 dollar stores, and 7 of the top 8 medical distributors. The company has successfully created and sustained a culture that empowers employees, supports teams, and values openness and trust in an ethical and highly professional and safe workplace.
Management believes the company will grow organically to more than $200MM in annual revenues within the next two to three years. In addition, they have made several acquisitions in the past and will continue to seek additional acquisitions in the future.
Reporting to the CEO, the successful candidate will manage the company’s financial operations, including accounting, reporting, information technology, purchasing, and risk management as well as human resources. The Chief Financial Officer also will manage the existing banking relationships and lead the efforts to maintain the optimal capital structure for its ongoing growth plans. In addition, the successful candidate will play a true executive leadership role at the company by participating in strategic planning, operational decision making, acquisitions, and customer contract analysis.
Key qualifications include:
• a minimum of 15 years of professional financial management; experience must include tenure with a $100MM+ manufacturing company; the ideal candidate will have spent time with a pharmaceutical manufacturer;
• successful experience working directly with the outside financial community, including commercial lenders and private equity investors; will have participated in and/or led financing efforts; will have also demonstrated the ability to thrive in a growth-oriented, leveraged environment;
• broad business acumen with a solid understanding of operations, sales, and marketing and a passion for creating and mentoring a team-oriented organization; must embrace and ideally have implemented a participative management philosophy with a heavy emphasis on employee involvement, training, and teamwork;
• strong technical skills in finance and accounting and experience in vendor negotiations and conflict resolution.
If you have a personal interest in this position or thoughts of knowledgeable sources or potential candidates, please email resume8@sockwell.com . Your recommendations and/or interest will be kept in strictest confidence
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