CAREER OPPORTUNITIES
Chief Financial Officer (CFO)
Job Description
Company Overview:
Tethrd is a fast-growing, private-equity backed company that designs, manufactures, and sells innovative technical specialty hunting gear to outdoor enthusiasts. Our products are sold directly to consumers (D2C) and through select specialty retailers. With revenues exceeding $20M, we are poised for continued expansion and are seeking an experienced and strategic Chief Financial Officer (CFO) to join our leadership team.
Position Overview:
The CFO will be responsible for overseeing all financial operations of the company and ensuring the financial health and scalability of the organization. The ideal candidate will possess a strong background in financial management, strategy, and operations in a consumer-focused, growth-oriented, and private-equity-backed environment. The CFO will partner with the CEO, executive leadership team, and PE investors to drive the company’s financial strategy, manage financial risks, and support strategic decision-making. This role requires a hands-on, proactive, results-driven leader with a deep understanding of financial reporting, business operations, and capital markets.
Key Responsibilities:
1. Financial Strategy & Leadership:
○ Develop and execute the company’s financial strategy in alignment with business goals, operational needs, and investor expectations.
○ Provide leadership and direction for the finance, accounting, and treasury functions to ensure alignment with overall business objectives.
○ Serve as a key strategic advisor to the CEO and executive team, offering financial insights and recommendations for business growth, risk management, and investment decisions.
2. Financial Planning & Analysis:
○ Oversee the budgeting, forecasting, and financial planning processes, ensuring the company’s financial performance aligns with strategic objectives.
○ Lead the preparation of regular financial reporting and analyses, highlighting key metrics, trends, and insights for executive leadership and the board.
○ Conduct in-depth financial analysis to evaluate investment opportunities, pricing strategies, and cost structures to enhance profitability.
3. Cash Flow & Capital Management:
○ Manage cash flow, working capital, and liquidity to ensure the company has the necessary resources to meet operational and strategic objectives.
○ Lead financing efforts, including capital raises, debt management, and liaising with PE investors to secure funding for growth initiatives and working capital needs.
○ Oversee financial risk management, including cash flow forecasting, treasury management, and financial controls.
4. Accounting & Compliance:
○ Oversee the company’s accounting operations, ensuring accurate and timely financial statements in accordance with GAAP (Generally Accepted Accounting Principles).
○ Ensure compliance with all tax regulations, reporting requirements, and internal controls.
○ Coordinate audits with external auditors and ensure all compliance requirements are met.
5. Mergers & Acquisitions(M&A):
○ Lead and support M&A initiatives by identifying potential acquisition targets, assessing financial health, and conducting due diligence.
○ Analyze strategic fit, financial performance, and operational synergies of potential acquisitions, particularly those in complementary markets or verticals.
○ Work closely with PE investors and legal teams to structure and negotiate M&A transactions.
○ Ensure effective integration of acquired companies, overseeing the alignment of financial systems, culture, and operations post-acquisition.
○ Provide insights and guidance on potential exit strategies for stakeholders. 6. Cost Management & Operational Efficiency:
○ Identify and implement cost-saving initiatives across all areas of the business, including production, supply chain, and marketing.
○ Partner with the operations team to ensure we effectively utilize our capital to optimize margins while maintaining product availability.
○ Work closely with the operations team to drive profitability improvements and optimize the efficiency of the production and fulfillment processes.
7. Investor Relations & Board Reporting:
○ Serve as the primary point of contact for private equity investors and board members, providing updates on financial performance, operational efficiency, and key initiatives.
○ Prepare and present detailed financial reports, forecasts, and performance metrics to the board of directors, investors, and senior leadership team.
○ Build and maintain relationships with financial institutions, external auditors, and other key stakeholders.
8. Leadership & Team Development:
○ Lead and mentor a finance team, providing support for their professional development and ensuring effective team collaboration.
○ Foster a culture of continuous improvement, accountability, and operational excellence within the finance function.
Required Qualifications:
● Bachelor's degree in Finance, Accounting, or related field (CPA or MBA preferred). ● Minimum of 10 years of experience in finance, with at least 5 years in a senior leadership role (CFO or VP of Finance) at a PE-backed or high-growth consumer goods company, preferably in the outdoor recreation, apparel, or direct-to-consumer sectors.
● Proven track record of managing financial strategy, financial planning & analysis, cash flow, and investor relations in a fast-paced, dynamic environment.
● Strong understanding of financial modeling, budget management, and financial reporting.
● Experience with managing inventory and cost of goods sold (COGS) in a manufacturing and/or distribution environment.
● Familiarity with financial systems and software, including ERP systems like NetSuite and advanced Excel modeling.
● Ability to lead a finance team and collaborate with cross-functional departments, including operations, product/engineering, sales, and marketing.
● Excellent communication and presentation skills, with the ability to explain complex financial data to non-financial stakeholders.
● Strong problem-solving and decision-making capabilities.
Preferred Qualifications:
● Experience with scaling companies and navigating the challenges of rapid growth. ● Prior experience in a direct-to-consumer (D2C) or retail environment, ideally in the outdoor industry.
● Understanding of private equity dynamics and reporting requirements. ● Familiarity with and experience utilizing EOS/Traction principles and tools.
Personal Characteristics:
● Strategic thinker with the ability to drive financial decisions that align with long-term business objectives.
● High integrity, transparency, and a collaborative leadership style.
● Results-oriented, with a hands-on approach and a bias for action.
● Strong attention to detail with the ability to see the big picture.
● Ability to thrive in a fast-paced, entrepreneurial environment with evolving priorities. ● Enjoys outdoor pursuits including hunting.
Location: Columbia, Tennessee or remote as agreed upon.
Send resumes to: colleen@tethrd.com