Chief Financial Officer / CFO

Join a multi-million-dollar aerospace company as the Chief Financial Officer (CFO), based in El Cajon, CA. This company manufactures unique fabrications for aircraft turbine engines, space, and ground based applications.


To achieve the mission for this position, the CFO must produce the following critical actions and results:Drive Company’s Financial Performance: Work with CEO to maintain the company’s presently stable financials and make financially sound, well-supported decisions. Maintain and solidify relationships within the business units and corporate financial staff to drive financial improvements. Promote a sense of urgency in improving the financial awareness and performance throughout the organization.Continuous Improvement: Foster an environment of continuous improvement and fresh ideas within the entire organization. Provide the tools for financial group employees to do their jobs efficiently, and streamline processes to consolidate activities and eliminate redundancies. Broaden the scope and bench strength of the financial group while monitoring objectives and goals for maximum organization improvement.Financial Analysis and Reporting: This is a very data-oriented company; the CFO will work closely with the CEO to develop budget strategies and forecasts, analyze financial data and create credible financial reports for corporate offices quarterly and yearly. Understand the ins and outs of the manufacturing aspect of the business, and communicate via open dialogue with all staff. Manage expectations at a corporate level: make sure that financial goals are achievable and realistic, while offering a balanced perspective.
Cash Flow and Working Capital: Optimize cash flow and proactively manage working capital. This can be positively impacted through customer and vendor contract terms. Match suppliers to terms in standard contracts, being creative to negotiate contract terms, payments, and consignment inventory. Remain involved in collections of accounts receivable and manage delinquent accounts.Profitability: Be proactively involved in the commercial side of the business in terms of proper pricing of products. Ensure that profit is built into each job. Attend most sales meetings in order to influence bids and understand costs to better establish accurate pricing. Monitor the staffing structure to improve performance, planning, and execution. Understand the business operations: parts details, processes, challenges, and plans for improvements.Customer Focus: Portray a customer-centric attitude and encourage the financial staff to be visible in the facility to connect with and establish excellent working relationships with their peers in operations.Metrics: Continue the company’s current strong focus on managing through metrics. Provide top-down leadership and instill a rigorous approach to management by metrics throughout the factory. This includes mentoring the company’s key functional leaders on adopting this more rigorous approach to achieve continuous improvements.Controls and Procedures: Improve expenditure control, managing costs within the appropriate approval processes. Develop a more robust procedure with purchasing staff and throughout the organization. Instill cross-training in the finance department so that backup support is always available for employees’ critical functions. Ensure that all processes will withstand internal and external audits with 100% integrity.Inventory: Continue participation in inventory working group. Identify ways to reduce costs of raw materials and products, and devise approaches to sell products back to vendors, manage material intake, and set minimum and maximum inventory levels. Identify and establish financial strategies to reserve E & O inventory.
REQUIREMENTS
The ideal candidate will have the following education, work history, knowledge and skills.


Education: Bachelor’s degree is required (finance, accounting, or related discipline).


Experience: Must have 10 or more years of financial leadership experience with a progressive track record. Must have strong experience in manufacturing of complex products, preferably including machining processes. Aerospace experience is preferred. Government accounting experience is a highly preferred, with knowledge of Federal Acquisition Regulations (FAR) and Defense Acquisition Regulations (DAR). History of success in managing and developing a finance team. Function as a partner to CEO or President. Knowledge of IT functions is a plus.


Knowledge and Skills: Must possess solid business acumen and financial savvy. Expert financial management knowledge and ability is required. Operations, P&L, cash flow, and materials management is a plus. Ability to manage a cohesive, productive team is required.


If you have the experience and knowledge described above and enjoy working in a collaborative team environment, we want to hear from you. We are looking for a resourceful expert CFO with a willing and flexible attitude.


For immediate consideration, please specifically describe your practical experience in corporate finance.