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Chief Financial Officer
Otter Products Fort Collins, CO
$332k-559k (estimate)
Other 2 Months Ago
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Otter Products is Hiring a Chief Financial Officer Near Fort Collins, CO

Overview

The Chief Financial Officer for Otter Products will be a pro-active and valued business partner to the CEO, the Executive Leadership Team, and the Board of Directors. This individual will lead the accounting, finance and tax functions for the company, leveraging technology to create efficiencies in financial processes, procedures and reporting.

The CFO position offers an excellent opportunity for an experienced financial professional with excellent leadership capabilities and strong accounting, financial management, tax, treasury, bank relations, reporting, and risk management experience to lead the financial function for our complex and sophisticated international company.

The CFO will be responsible for building and maintaining the infrastructure and operations of an international quality financial function in support of a highly successful consumer products business. The ideal candidate will have a thorough understanding of either consumer durable or consumer electronics, peripherals, and accessories operations combined with strong leadership and relational management and advisory skills and will instill the confidence and credibility needed to become a trusted advisor to the CEO and Board of Directors.

About Otter Products

Otter Products, we grow to give. From our founder's garage in 1998 to the global technology leader we are today, Otter Products continues to drive growth through innovation. Through our industry-leading brands - OtterBox, Liviri and OtterCares - we provide our partners the number-one selling and most trusted products in our categories. Our philanthropic spirit is the foundation on which we foster our partner relationships, allowing us to grow and to give - together. By way of our charitable arm, the OtterCares Foundation, we support our communities and invest in our future through education that inspires kids to change the world. And even as our global community of Otters continues to grow, our founder's core values are still at the heart of everything we do. We measure our success by our ability to give back to our communities and strengthen opportunities for all. For more information visit otterproducts.com

Responsibilities

The CFO will report to the CEO and will lead the accounting, tax, finance and operational functions of Otter. The CFO will be responsible for ensuring that the financial services being provided to the CEO are delivered in a high quality, timely and efficient manner. The CFO will lead an extensive staff of professionals and will coordinate the work of internal and external partners, stakeholders and advisors to ensure that all services are delivered in an efficient manner to meet the company’s needs and objectives. The CFO will have strong financial and accounting and business acumen combined with exemplary integrity and judgement and will serve as a senior trusted advisor to the CEO and Board of Directors. A summary of the key responsibilities of the position includes:

  • Lead the accounting, finance, tax, treasury, and operational finance functions for this complex and sophisticated consumer products enterprise: ensure excellence in service delivery to the CEO in a high quality and efficient manner. Service areas include: accounting, cash management, budgeting and other recordkeeping; financial planning and reporting; income tax planning, preparation and compliance; risk management; bank advisory services; and oversight of ad hoc projects, as needed or requested;
  • Lead the annual budgeting and rolling forecast processes, along with the long-term financial forecast for the company, ensuring the company is effectively managing resources in an effective and efficient manner that is in alignment with the strategic vision and objectives of the company, including achieving top-line revenue growth and profitability initiatives;
  • Enhance internal processes and procedures and controls to ensure the effective and efficient operation of the financial function; lead continuous improvement of processes and procedures, reporting and record keeping ensuring ongoing operational efficiencies; proactively provide input and leadership on issues and initiatives impacting office performance;
  • Ensure that best practices are in place for accounting and financial management, tax, cash management and payments and processing, compliance, and operations; provide financial analyses, modeling, projections and ad hoc reports for project or planning initiatives; review and assess current systems and recommend improvements to meet current and future company needs;
  • Responsible for oversight, design and operations of financial systems including, financial and accounting systems to track and provide reporting on all assets and entities; manage and oversee all financial systems and databases, ensuring accurate and high-quality data is being provided for reporting, planning, and forecasting;
  • Oversee the planning and execution of all foreign currency and transfer pricing matters;
  • Ensure the delivery of timely and accurate financial reporting to the CEO and banks including: customized monthly reports on all business segments; cash flow forecasts and projections; bank reconciliation reports; consolidated entity financial statements;
  • Determine future financial reporting needs of the CEO and Board of Directors; develop and implement business plan to establish a best practice financial and reporting platform to meet current and future needs;
  • Generate consolidated cash forecasts for all relevant entities to anticipate cash needs and ensure adequate funding;
  • Provide vision, direction and leadership to the financial staff; foster a high performance, collaborative and collegial culture in which quality goals are met; promote transparent communication, trust, cooperation and mutual respect with the Executive Leadership Team; lead by example as a “roll up your sleeves” team player;
  • Oversee financial risk management needs of the company including vendor risk, customer credit risk, bank concentration risk, interest rate risk, and foreign exchange exposure; recommend and implement appropriate plans;
  • Ensure the company remains in compliance with all financial covenants set forth in its credit agreement;
  • Provide oversight and recommendations on optimal capital structure of the company to meet existing and future capital needs;
  • Leverage technology to optimize the effectiveness and efficiency of the financial function;
  • Manage and oversee the preparation and filing of all tax returns and estimates on a timely and accurate basis; monitor financial and tax planning strategies for the company and owners; proactively anticipate and optimize tax options;
  • Serve as an advocate and liaison with advisors, vendors and partners (including accountants, attorneys, consultants, banks) and proactively coordinate with all to ensure that company needs and objectives are met; negotiate and monitor fees, commitments and agreements and develop metrics to measure performance of advisors and vendors;
  • Represent the company to all internal and external constituencies in a professional, confidential and ethical manner at all times;
  • Collaborate in the development and execution of the short- and long-term strategic direction from a business and financial perspective; Participate in communicating the key elements of the company’s plans and performance;
  • Provide the analytical support and metrics required to enhance an understanding of financial and operating results, the decision-making process, and the effective evaluation of progress in achieving tactical and strategic initiatives and refinement of those initiatives as needed;
  • Work with senior management to identify and consummate M&A, divestiture, and other corporate development opportunities;
  • Act as a fiduciary for the company on the 401K compensation and investment committees;
  • Successfully motivate and challenge a team of talented people at all levels of the organization.

Qualifications

The successful candidate will have a strong technical accounting, tax and financial management background combined with demonstrated management and leadership skills and relationship management skills. The individual must have the intellectual capacity, business acumen, professional integrity and communication skills to effectively lead the financial function for a complex and sophisticated international corporation. The ideal background will include:

  • Bachelor’s degree in finance or accounting (or related) required. MBA, LLM, JD a plus but strongly preferred. CPA license is a plus (or equivalent audit, accounting, and finance training).
  • Minimum of 15 years of relevant experience in the consumer durable or consumer electronics, peripherals, and accessories industry, including a foundation in public accounting; demonstrated skills and experience in providing quality financial management, accounting, tax and reporting for large international corporations;
  • Proven track record of success as a CFO and in delivering quality results; experience in all aspects of financial management, including accounting, financial systems, budget planning, financial controls, tax planning, risk management, audit, financial and investment reporting; knowledgeable about financial management best practices with proven ability to build and manage an international quality financial function;
  • Strong leadership, management and mentoring skills; track record of success in attracting, motivating and retaining high performing staff; ability to develop and effectively lead a culture of collaboration, quality and excellence;
  • Strong business acumen; experienced in identifying and solving business issues;
  • Disciplined and process oriented; highly attentive to detail, yet big picture oriented; strong project management and problem solving skills; proven ability to create value and continuous improvement; strives for operational excellence and has a proven background of increasing efficiencies through service excellence, enhanced processes, systems and platforms;
  • Solutions oriented and resourceful individual with a high sense of urgency; ability to thrive in a dynamic, rapidly changing environment;
  • Thorough and comprehensive in researching and analyzing solutions and alternatives with the ability to concisely present findings to facilitate decision-making;
  • Excellent verbal and written communication skills; strong presentation skills; can effectively communicates complex concepts and strategies in a clear and concise manner; effective, direct, constructive and positive communications and influencing skills;
  • Demonstrated effectiveness in collaborating and effectively building credibility and relationships with all constituencies, internal and external; promotes open and transparent lines of communication with all family clients, colleagues and staff; tactful, diplomatic and pragmatic in all interactions;
  • Demonstrated maturity, strong common sense and judgment; able to provide objective advice and recommendations with conviction while avoiding the push and pull of advocacy; able to confidently express opinions and recommendations to support optimal solutions in the best interest of the company;
  • Highly motivated, accountable, results oriented individual with strong work ethic and the ability to work effectively and efficiently in a high energy, entrepreneurial environment; self-starter; strong multi-tasking skills; ability to work collaboratively with multiple constituencies to accomplish objectives;
  • Proactive, flexible and adaptive leader with a “roll up your sleeves” approach and mentality; team player with high EQ;
  • Strong client-service mentality; approachable; personable; kind, patient and calm demeanor; even-tempered; positive attitude;
  • Trustworthy individual of utmost integrity, values and professional reputation; sensitive to the highly personalized and discreet nature of this position; maintains confidentiality in all interactions;
  • Highly intelligent, creative and strategic thinker who anticipates needs, issues and opportunities and effects solutions and solves problems on a proactive basis;
  • Exhibits the polish and professionalism to represent the company effectively in all interactions.

EEO

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

For US Based Roles Only - Compensation Range Minimum

USD $350,000.00/Yr.

For US Based Roles Only - Compensation Range Maximum

USD $520,000.00/Yr.

Additional Total Rewards

VP Level: - VP and above benefits (no accrual PTO policy), Otter Products offers a robust benefits package to eligible employees including medical, dental, vision, basic life, voluntary life, long-term and short-term disability, employee assistance program, flexible spending accounts, health savings account, and 401(k) retirement plan. Additionally, for eligible employees, we offer accrued paid time off based on seniority, volunteer time off, parental leave, bereavement leave, company holidays, and years of service awards. Check out otterproducts.com/careers/why for more info., VP Level: - VP Growth Incentive Plan, Sign on bonus may be considered, if applicable, for relocation.

Job Summary

JOB TYPE

Other

SALARY

$332k-559k (estimate)

POST DATE

02/28/2024

EXPIRATION DATE

04/05/2024

WEBSITE

parkefamily.net

SIZE

<25

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