CHIEF FINANCIAL OFFICER Odessa, Texas Salary Commensurate with Skills & Experience Relocation Assistance Available
Multi-site manufacturing company of oilfield processing equipment seeks a Chief Financial Officer to join their leadership team. The ideal candidate will have senior financial management experience within the oilfield equipment manufacturing industry.
RESPONSIBILITIES: • Provide oversight of accounting, reporting, treasury, auditing, budgeting, risk management, financial planning, and other related corporate accounting activities. • Provide continuous evaluation of short and long-term strategic financial objectives. • Perform budgeting, forecasting, and reporting. • Implement cost control/cost reduction initiatives. • Develop inventory strategy and working capital needs. • Lead integration of company systems and processes. • Prepare financial reports and maintain fiscal records. • Manage lender relationships including ABL, weekly and monthly bank reporting, refinancing and negotiating amendments. • Ensure internal controls are in place and in compliance with U.S. GAAP and applicable federal, state and local laws and rules for financial and tax reporting. • Work closely with executive team and Board of Directors to improve profitability and operational efficiencies. • Lead management teams through the development of three to five-year business plans, including the development of detailed financial models. • Manage relationships with outside audit, tax and legal advisors. • Oversee the implementation and upgrade of the ERP system.
REQUIREMENTS: • Bachelor’s Degree in Accounting or Finance. Advanced degree a plus. • CPA designation required. • Previous experience working for a business that designs, manufactures and sells engineered products in a “made to order” and “make to stock” environment for the oil & gas industry. • Experience building and mentoring accounting and finance teams. • Strong FP&A background with proven track record in design and implementation of financial/operational KPIs and monthly/annual reporting. • Experience working with multi-site operations. • Must possess strong management skills and the ability to prioritize and handle multiple tasks and projects concurrently. • Excellent computer skills. ERP implementation and integration experience a must. • Experience working with private equity-owned portfolio companies preferred. • Cash oriented mindset. • Ability to maintain confidential information.
Additional Salary Information: Range is approximate depending on candidate experience. Cash bonus and LTI. Relocation Assistance.