Divisional CFO

$225,000 - $255,000/Yr

Liberty Steel & Wire - Peoria, IL

Full-time - Senior

Peoria, IL

About the position

The Divisional CFO at Liberty Steel and Wire is a pivotal role that encompasses traditional finance and governance responsibilities while also contributing strategically to the organization. This position involves collaborating with the Senior Vice President and Executive team to develop and implement financial objectives, manage risks, and optimize shareholder value. The Divisional CFO will oversee financial planning, budgeting, and capital investment strategies, ensuring alignment with the company's long-term goals and operational efficiency.

Responsibilities

• Develop and implement the strategic goals and financial objectives of the organization in collaboration with the Senior Vice President and Executive team.
• Provide insights into the commercial and financial implications of proposed initiatives and management decisions.
• Coordinate and deliver the long-range strategic planning process and scenario planning, focusing on shareholder value and vertical integration.
• Collaborate with management to articulate strategy and improve alignment of workforce and shareholders.
• Create annual operating plans that support long-range plans and strategic direction, including annual operating budgets.
• Conduct formal reviews of the balance sheet and maintain appropriate accountabilities for all accounts.
• Install and monitor a structured risk management framework with regular updates on business risks and financial opportunities.
• Report and present financial opportunities and risks to the Executive team monthly.
• Lead oversight of internal control environment and ensure key financial and operational risks are managed.
• Advise on major product price decisions and contractual commitments to optimize financial outcomes.
• Review and challenge business outlooks and historical results for value-reducing elements.
• Ensure all business investments have a clear methodology for evaluation and financial analysis.
• Review and warrant all capital investment proposals prior to fund commitment.
• Provide governance updates to the Executive team on investment progress.
• Oversee implementation of business system changes and ensure alignment with group objectives.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Master's degree preferred.
• 10-15 years of progressive financial experience, with at least 5 years in a senior leadership role within a manufacturing or industrial setting.
• Proven experience in cost accounting and FP&A specific to manufacturing operations.
• Strong track record in overseeing capital investment strategies, budgeting, and forecasting.
• Leadership experience with cross-functional teams.
• CPA/CFA required; CMA preferred.

Benefits

• Relocation assistance
• Discretionary target bonus of 35%