Reporting to the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) will be a key member of the senior management team and a strategic business partner to the CEO in driving business performance. This individual will work in collaboration with the members of the executive team and independently, as necessary, to create and publish in-depth financial reports and analyses, and provide visibility for stakeholders into the sales trends, operational processes, and systems infrastructure to support sustained growth. The CFO will manage the Director of Pricing, Controller, FP&A Manager, and other members of the finance and accounting team, and oversee the IT and HR department. The CFO should be a high energy, commercially oriented, and strategically minded individual. The CFO should have strong communication abilities and help facilitate metrics-based management, business development decisions, and day-to-day problem-solving with the CEO and functional leadership. The CFO will evaluate and optimize the Company’s deep product portfolio, associated inventory, and distribution go-to-market strategies. An intellectually curious disposition and sophisticated people management skills – including effective organizational design, recruiting and talent development – are also essential. The role will be based in Livonia, Michigan.

Key responsibilities and priorities for the CFO will include:

• Serve as a business partner and strategic advisor to the CEO and other members of the Executive Leadership Team. Provide insight and analysis focused on critical business levers while actively contributing to the evolution and the execution of strategic business plans. This includes working with business leaders to develop solutions to problems and/or opportunity areas and holding business leaders accountable to financial targets.
• Develop a financially disciplined long-term planning process, driving the delivery of clearly defined financial and operational targets.
• Build an integrated framework that encompasses all aspects of financial planning, forecasting and reporting, controls and procedures, accounting, internal audit, MIS and capital spending.
• Develop operating metrics (OTIF, warehouse efficiency, detailed inventory reports, etc.) to drive efficiencies at the Company’s distribution centers, logistics network, and customer service department.
• Provide support in reviewing and improving the Company’s pricing strategy and supply chain management function.
• Prioritize capital expenditure opportunities by the highest return on investment, and provide financial support for rollout of showroom and facility upgrades.
• Ensure that the Board of Directors and all levels of the organization are provided with accurate, timely and relevant financial reports and other information.
• Analyze the organizational structure and business processes within the finance and accounting department and benchmark against corporate governance best practices to ensure maximum efficiency and cost effectiveness.
• Lead the Company’s finance, treasury and risk management functions. Prudently manage the Company’s balance sheet including cash flow, capital investments, working capital, liquidity needs, debt levels and manage the banking relationships in support of the Company’s strategies.
• Provide leadership to the finance and accounting department, ensuring that the function is properly organized, staffed, developed, motivated and compensated. Develop career paths that include rotations across finance and other disciplines and utilize best-in-class talent management systems. Instill a culture within the finance and accounting teams that emphasizes transparency as well as a focus on supporting the business with timely, accurate reporting, actionable information, and identify cost saving opportunities.
• Build morale by listening to team members to solicit feedback. Develop genuine relationships and inspire trust in your leadership, so others will be intrinsically motivated to contribute.
• Utilize the Company’s ERP and business intelligence/analytics systems in place to create and monitor financial and operational metrics and drive a culture of accountability across the Company.
• Analyze sales data to determine best practices and go-to-market strategies (including pipeline management/CRM data) across the integrated businesses to drive revenue synergies and develop new sales opportunities.
• Partner with business leaders to support due diligence, analysis, negotiation, deal structuring, and other activities associated with potential future mergers and acquisitions.
• Enhance the strong relationships the Company enjoys with its key vendors, most of which have lasted for over two decades.
• Strengthen shared services capabilities and business efficiency. Consolidate redundant back office systems or employee positions. Continuously examine and implement measures to drive costs out of the business.
• Contribute to the Company’s strategic planning efforts, including but not limited to potential new business operations, cost controls and customer initiatives.
• Interact with the Board of Directors and Harren Equity Partners to facilitate a strong relationship and communicate news quickly, whether good/bad/indifferent in nature.

The ideal candidate is an accomplished financial executive with unquestionable integrity, a positive reputation and demonstrated success serving as a CFO of a private equity-backed or publicly listed company. S/he will be well-rounded in all aspects of the financial function, including controllership, treasury, accounting, financial reporting, cost accounting, FP&A, tax, business development, investor relations and information systems. The CFO will be operationally oriented, hands-on, and an effective leader in driving continued growth and margin expansion for the Company, and will have superior finance and accounting acumen. Additionally, s/he will also have experience planning, budgeting and assisting in the execution of strategic initiatives with direct accountability to the Board of Directors.

• 5+ years of public or private equity backed standalone CFO experience within an organization of meaningful scale and complexity.
• Strong distribution or manufacturing background; prefer experience in building products distribution or flooring manufacturing, but will consider other backgrounds as well.
• A minimum of 10+ years of financial managerial experience, with at least one prior CFO role.
• Advanced abilities across the Microsoft Office suite, particularly Excel, including the ability to employ pivot tables in analyses, and work within Power BI to create reports, create PowerPoint presentations, and manage SharePoint sites. Knowledge of Kerridge (Dancik) ERP and the Sage Fixed Assets system is highly desirable but not required.

• Driving Results: In an organization driven by performance and outcomes, the CFO will:
  • Demonstrate a strong sense of urgency in meeting targets, routinely benchmarking their own work and the team’s work in pursuit of collective goals.
  • Display exceedingly high level of determination and focus in the face of significant obstacles.
  • Create a clear strategic vision for finance in supporting the business objectives and executing on that to ensure the business meets and surpasses its goals.
  • Utilize system-based reporting software to integrate both financial and operational data within the accounting system and create automated management reports in a real-time environment.
  • Streamline accounting processes, including (i) methodical procedures for each of the various accounting functions (e.g. Purchasing, A/R, A/P) and (ii) formal, scheduled monthly closing processes.
• Leading People: In an environment where transparent partnership and effective communication is a critical component of leadership, the CFO will:
  • Effectively communicate and interact with individuals from the other core functions of the Company (CEO, Operations, Sales, Branch Managers, etc.) to drive progress toward common goals.
  • Collaborate with team members to manage projects, solve problems, discuss challenging issues, or learn more about critical issues as a group.
  • Delegate responsibilities when appropriate to allow time to identify and execute on strategic initiatives.
  • Collaborate with direct reports to establish clear, challenging performance goals and metrics for the year.
  • Utilize the Company’s performance management office (PMO) and systems to monitor projects and deliver results that exceed expectations.
• Other Personal Characteristics: Integrity, credibility, and character with demonstrated moral and ethical behavior.
  • A hands-on, detail-oriented professional.
  • Executive presence combined with a high degree of maturity and business judgment.
  • A team player with the self-confidence, presence and consultative skills to positively influence the business.
  • An accomplished, results-oriented manager and leader with exceptional negotiation, communication and interpersonal skills.
  • A tenacious, operationally minded individual with a strong work ethic.

A 4-year undergraduate degree in business, finance, accounting or another applicable curriculum. Appropriate certifications, such as CPA, CFA, or CMA, combined with an MBA or other advanced degree is strongly preferred but not required.

WHAT'S IN IT FOR YOU

• Multiple, affordable BlueCross BlueShield Medical Insurance Plans (PPO & HSA)
• Dental
• Vision
• Optional Life Insurance, Short Term, and Long-Term Disability Insurance
• Optional Pet Insurance
• Employee and friend discount on Tile Products
• 401(k) Plan with 3% company match
• Generous PTO, Sick and Paid Holiday policies
• Positive & friendly work environment where employees are acknowledged and rewarded for their great work