CFO (m/f) Automotive Supplier

Our client is a leading manufacturer of sealing solutions for the automotive sector. The company operates worldwide and supplies major automotive manufacturers.

The company is now looking for an experienced Interim Chief Financial Officer.

Responsible for Accounting, Management Reporting, Budgeting and Business Planning, Funding and Treasury, Tax, International Control, Legal, Risk Management, Investor Relations as well as Information Technology. Working closely with the other functional areas and leads a team of nine direct reports and about 200 employees in total.

The Interim CFO acts as a senior business partner to the businesses. The candidate we are looking for sets a long-term financial strategy fort he company and works with the business to develop their plans. As being part of a private equity fund, close cooperation with the stakeholder is expected in the areas of progress, performance and financing. The Interim CFO will also provide leadership and coordination across the regions, will drive cash and risk management, and will be involved in monitoring continuous improvement projects.

Key responsibilities of the role include:

• Identify value creation drivers and establish roadmaps with the Executive Team to successfully develop the company in performance, operations and growth.
• Enhance the management reporting for timely, accurate and insightful monitoring of operational and financial performance and improve utilization of ERP software and consolidation tool
• Improve budgeting and forecasting tools for accurate and timely rolling forecasts and build as well as maintain a detailed buttom-up budget and rolling 5-years BP
• Manage the balance sheet of the company and relationship with lenders/key finance counterparts in an effective manner; lead capital market transactions to raise equity and debt financing from capital markets; improve working capital cycle and develop tools for effective working capital management; oversee and implement currency and interest hedging strategies
• Maintain a high-quality accounting function covering all entities and jurisdictions; ensure timely and accurate preparation of the final statements in accordance with IFRS and other local regulatory requirements
• Oversee tax filings of the company and its subsidiaries; manage company’s tax policy including its subsidiaries, complying with the relevant legislations in an efficient manner
• Oversee the improvement of internal control processes and procedures; supervise new RFQ and investment processes; ensure that the finance function operates with procedures and policies that are in line with the company’s internal control policies
• Oversee the company’s legal affairs, working with selected law firms as well as establish a contract management system
• Establish a risk map for the company and take action to mitigate each risk area; oversee insurance policy and coverage of the company
• Work in collaboration with the IR Director to improve the outstanding bond’s market price and maximize share price performance following a prospective IPO
• Oversee the Group IT department led by the Group IT Director who is responsible for overall planning, organizing, and execution of all IT functions for the Group; this includes directing all IT operations to meet internal and external customer requirements as well as the support of maintenance of existing infrastructure, applications, and development of new technical solutions; drive the digitalization forward and ensure implementation of SAP 4 HANA.
  
• The position requires a strong Interim CFO with demonstrated ownership mindset, able to steer a company with several hundreds of millions of revenue. The ideal candidate will be an international leader with a strong track record in developing and leading the finance resort of a company. Thus, the position requires ability to manage uncertainties around operations in emerging markets. The Interim CFO will have a hands-on, roll-up the sleeves, business-oriented management style with the intent of driving accountability throughout the organization. With a strong energy level, drive and a commitment to excellence, the candidate will be a natural leader and will inspire outstanding performance throughout the organization.

The ideal candidate should have the following experience profile:

• Experienced in an international CFO role
• Knowledge of best practices in reporting, forecasting and budgeting
• Demonstrated ability to accomplish goals, operating in a fast paced and diverse workplace environment
• Experienced in institutionalized manufacturing businesses operating in multiple jurisdictions
• Experienced in raising third part financing
• Experienced in dealing with capital market products
• Experienced in managing relationship with lenders with a specific focus on European banks
• Experienced in establishing control systems
• Experienced in usage of SAP and Hyperion; implementation and usage of Tagetik
• Having worked in the automotive sector
• International experience and excellent command of English (written and oral)
• Degree from university, university of applied sciences or similar