Description

As a key member of the Darley Management team, the Chief Financial Officer will report to the President/CEO and assume a strategic role in the overall financial management of the company. The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company.

About W.S. Darley & Co: Founded in 1908, W.S. Darley & Co. (Darley) remains a family owned and operated business, supplying the highest quality equipment solutions to its military and first responder customers. With roots in equipment distribution and Midwest manufacturing, Darley offers a family of leading innovative emergency equipment brands and innovative solutions. Darley prides itself on delivering the highest quality solutions and services from its corporate headquarters in Itasca, IL and its’ ISO 9001:2015 certified manufacturing operations in Chippewa Falls, WI and Janesville, IA. Darley also maintains offices is six countries worldwide.
Darley is the 48th largest defense contractor in the USA and the largest in Illinois. W.S. Darley & Co. specializes in using existing contracts to distribute products and services to the United States Federal Government. Darley specializes in the distribution of special operational equipment and fire and emergency services, and is on pace for over $900 Million in sales in 2024.

Requirements

• Manage as an accounting leader with an operational mindset offering guidance in various business units within manufacturing and distribution business unit operations.
• Safeguard the company’s assets through robust internal controls.
• Manage the cash flow of the company with timely receivable collections while developing supportive relationships with suppliers through advantageous payment terms and payments.
• Hands-on approach to resolving customer issues working to oversee A/R credit and collection management to maintain a low risk customer portfolio.
• Work closely with the Controller to review and analyze financial statement results and effectively provide financial overview of the business to management and board of directors.
• Assist outside accounting firm to provide timely reviewed annual financial statements, shareholder returns and tax payments.
• Provide financial analysis to support operational strategy and to enhance decision making throughout the organization.
• Evaluate credit worthiness of suppliers and perform cost analysis on bids that require prepayment in effort to conserve company’s capital and quickly govern the decision of the bidding process.
• Ensure the company maintains tax compliance throughout its domestic and international jurisdictions and among all the different tax classifications (sales, income, property, payroll, etc.)
• Lead the finance team of four and create an environment for team members to thrive and provide sound financial support and operational guidance to leaders across five business unit operations. 
• Manage banking relationships and credit lines to ensure covenant compliance, optimal fee structure, and limited interest expense and borrowings.
• Oversee the risk management of the enterprise; work with outside broker to provide to optimal coverages through insurance carriers while limiting costs.
• Attend semiannual Management meetings and provide an abbreviated review of each Divisions financial performance.
• Assist with the preparation of budgets and forecasts for each division.
• Provide long term financial planning that supports profitable business growth.
• Be the leader when it comes to Merger and/or Acquisitions.

Education

• Undergraduate Degree in Accounting/Finance
• Master’s degree in business or accounting preferred.

Experience

• 10 years of senior financial leadership.
• Ideally, some experience in public accounting. 
• Multi state sales tax return and compliance experience.
• Experience in scaling a business.
• Family Business experience is preferred.
• Defense Contracting experience is preferred. 

Skills

• Registered or Licensed CPA preferred.
• Excellent management and supervisory skills.
• Excellent analytical and organizational skills.
• Excellent written and verbal communication skills.
• Ability to understand and navigate our ERP system (JD Edwards).
• Possess a high degree of emotional intelligence. 

Benefits Offered

• PTO
• Paid Holidays
• Tuition Reimbursement
• Health & Wellness Reimbursement
• Medical
• Dental
• Vision
• Life & Disability
• HSA with Darley contribution
• FSA
• 401K/Roth with match and profit sharing
• Darley paid life insurance.

AAP/EEO Statement

Darley is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race,

religion, color, national origin, age, gender, sexual orientation, gender identity, marital status, disability, protected veteran status, or any other basis protected by applicable federal, state, or local law.

This position is important to the overall effective operations of the organization and contributes to the overall achievement of the organization's established quality objectives. This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbent will follow any other instructions and perform any other related duties as may be required by the supervisor.