Chief Financial Officer

Job Tittle: CFO - Chief Financial Officer

Classification: Exempt

Location: Vernon, CA

This role will provide strategic financial leadership for Arcadia, its operations and processes, and play a pivotal role in shaping and executing Arcadia's financial strategy in line with the overarching DMC Global strategy. It will ensure that the company's financial infrastructure is secure, compliant, and supports the organization's goals, including its long-term portfolio strategy.

This critical position provides financial leadership, support, and insights to develop and deploy market strategies and operational decisions to drive business performance, efficient operations, and market growth. The role serves as the key business partner to Arcadia executive leadership and the broader DMC Global executive leadership team. Takes a forward-looking view supported by high emotional intelligence to articulate options and influence decisions in key areas. Leverages shared service centers of expertise within finance and other functions to enable leaders to achieve performance targets. Develops staff to create leadership and skill sets necessary to take on roles of increased accountability. The position requires a high level of relationship-building skills to establish and enhance positive relationships with senior executives, strategic business partners, coworkers, and others.

This position reports directly to the President of Arcadia Products, based in Vernon, California.

Specific Responsibilities

• Financial Strategy and Planning:
  • Develop and implement financial plans and strategies to achieve business objectives.
  • Provide financial insights to support decision-making processes.
  • Assess and manage financial risks and opportunities.
• FP&A Leadership:
  • Lead the FP&A team in preparing budgets, forecasts, and financial models.
  • Provide in-depth analysis of financial performance and variances.
  • Collaborate with other departments to optimize financial outcomes.
• Accounting Oversight:
  • Ensure accurate and timely financial reporting in compliance with regulatory standards.
  • Implement and maintain robust internal controls and accounting processes.
  • Oversee the preparation of financial statements and audits.
• Multi-Site Sales and Operations:
  • Collaborate with sales and operations teams to align financial goals with business strategies.
  • Optimize working capital and cash flow management.
  • Evaluate and recommend process improvements for operational efficiency.

Critical Competencies / Critical Success Factors

Technical & Functional

• Financial Analysis and Planning:
  • Capability to conduct thorough financial analysis: Able to analyze complex financial data, interpret trends, and provide insights for informed decision-making.
  • Strategic financial planning skills: Proficient in developing and implementing financial plans aligned with business objectives.
• FP&A Leadership:
  • Budgeting and Forecasting: Expertise in leading the FP&A function, including the preparation of budgets, forecasts, and financial models.
  • Analytical Skills: Strong analytical skills to evaluate financial performance and identify areas for improvement.
• Accounting Oversight:
  • Regulatory Compliance: In-depth knowledge of accounting standards and regulations, ensuring accurate and compliant financial reporting.
  • Internal Controls: Ability to implement and maintain robust internal controls to safeguard financial assets.
• Multi-Site Sales and Operations:
  • Operational Finance: Understanding of operational finance principles to optimize working capital and cash flow management specifically within a manufacturing environment.
  • Cross-Functional Collaboration: Ability to collaborate with sales and operations teams across multiple facilities and locations to align financial goals with operational strategies.

Leadership

• Change - Leading and Managing:Initiates and implements support for innovation and for changes needed to improve efficiency/effectiveness; helps others move from a current to desired state.
• Collaborating: Works cooperatively with stakeholders, inside and outside the organization, to accomplish objectives.
• Executive Presence: Builds credibility and exerts influence beyond formal authority by portraying a professional image and presenting ideas in a clear, confident manner.
• Foresight: Uses knowledge or sound judgment to read a situation and predict and plan for a future event that may or may not occur; prediction developed through current knowledge, past experience, and/or intuition.
• Managing Complexity: Integrates complex information to identify strategies and solutions, learning new concepts quickly, demonstrating keen insights into situations, assimilating large amounts of information, and narrowing it down to and articulating the core idea or issue.
• Strategic Thinking: Identifies long-term or overall aims and interests and the means to achieve them.
• Risk Management: Assesses and manages financial risks to ensure the long-term sustainability of the business.

Personal / Professional Attributes

• Results-Driven:
  • Proven track record of achieving financial goals and objectives.
  • Strong focus on delivering measurable results.
• Adaptability:
  • Comfortable navigating a dynamic business environment.
  • Ability to adapt strategies and operations to changing market conditions.
• Strategic Thinker:
  • Ability to think strategically and contribute to the overall business strategy.
  • Forward-looking mindset with a focus on long-term financial sustainability.
• Integrity and Ethics:
  • Uphold the highest standards of integrity and ethical behavior.
  • Ensure compliance with all financial and accounting regulations.
• Collaborative Leadership:
  • Foster a collaborative and inclusive work environment.
  • Encourage teamwork and cross-functional collaboration.

Key Selection Criteria

• Bachelor's degree in finance, accounting, or business administration is required. MBA or MS in finance, accounting, business administration, or a related discipline is highly desirable.
• Ten or more years of progressive finance and accounting experience.
• Experience in a leadership role overseeing P&L of an independently operating business unit or division.
• Demonstrated experience in providing highly strategic and innovative financial leadership in a manufacturing organization.
• Ability to develop strong relationships; challenge, negotiate and influence key senior executives.
• Ability to mentor and grow staff and direct reports.
• Demonstrated ability to connect financial models to strategic initiatives and present this information clearly and effectively to executive leadership.
• Ability to effectively manage working relationships through strong communication skills and high emotional intelligence.

Arcadia Products, LLC. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.