VP of Finance CFO

StoneAge is looking for an energetic, forward-thinking VP of Finance & CFO to join our dynamic and growing team. StoneAge is an employee-owned company with a culture of teamwork, self-leadership, customer service, and a shared vision of excellence. The mission of this role is to position StoneAge and its wholly owned subsidiaries as the “employer of choice” and inspire our employees to say, “Why would I choose anyone but StoneAge?”

About StoneAge

StoneAge is the global leader in designing and manufacturing high-pressure waterblast tooling and automated, IoT-enabled/robotic equipment, based in Durango, CO., with five subsidiaries in four countries. Think squirt guns on steroids run by humans and robots! StoneAge is also the parent company of Breadware, an IoT product development firm that helps clients build and launch IoT-enabled products. We are an innovative, employee-owned company that aims to change our industry and the world through advancing technical products and services – and with our unique, people-centric culture.

About the Role

The VP of Finance & CFO oversees StoneAge’s global accounting, financial planning and analysis, information technology, and systems functions. Our VP of Finance & CFO will collaborate with the executive team and key departments to develop and execute StoneAge’s financial and operational strategy.

The VP of Finance & CFO must fully embody the StoneAge Leadership Principles. Personal attributes required for success in this position include a deep understanding of how culture and performance advance the company’s vision; demonstrated teambuilding experience; a positive attitude with high emotional intelligence and effective leadership and management skills; willingness to roll up their sleeves when needed; a collaborative approach to problem-solving; sound business acumen; excellent project management skills; and a commitment to giving great customer service to both internal and external customers. They will be strategic, empathetic, forward-thinking, and ready to drive StoneAge to grow organically and through acquisitions. They will be an impactful leader who inspires StoneAge employees to be the best versions of themselves.

This position reports to StoneAge’s Chief Executive Officer and is part of StoneAge’s shared services organization, which supports the StoneAge family of companies. It is based in Durango, CO. The starting salary for this position is $200k-$240k.

ESSENTIAL FUNCTIONS

Strategy and Leadership

· Partners with CEO and Executive Management Team in supporting StoneAge’s strategic plan by providing financial analysis to support informed business decision making.

· Collaborates with Executive Management Team to develop and execute the company’s financial strategy to optimize revenue and control expenses without sacrificing customer service and quality.

· Develops, manages, and positions the Finance and IT teams for business growth and provides continuous mentoring, coaching and real-time feedback.

· Identifies and evaluates investment opportunities and manages process for strategic partnerships. · Works with the Executive Management Team to develop financial plans and short and long-term forecasts

· Fosters a continuous improvement culture that identifies and successfully implements new programs through well-defined goals and planning.

· Acts as collaborator-in-chief understanding that Finance and IT is integral to successful business operations and exemplifies problem solving, teamwork, and accountability. · Collaborates with the VP of People & Culture on people-related programs (benefits, WC, compensation planning, etc.)

· Serves as Treasurer of the Board of Directors and supports financial insights to the Board.

· Performs other duties or responsibilities assigned by the CEO.

Finance and Accounting Operations

· Oversee implementation and optimization of financial software systems to streamline accounting processes, enhance reporting accuracy, and improve real-time decision making.

· Ensures adequate internal controls are in place and works with team to develop and optimize policies and procedures.

· Participates in business development efforts and supports partnerships throughout the company.

Financial Analysis and Reporting

· Leads internal and external financial reporting activities ensuring that historical monthly results are accurate and timely and supports budgeting and forecasting activities.

· Improves forecasting capabilities through process improvements to support real-time forecasting updates.

Transactional

· Oversees the capital structure of the company, determining the best mix of debt, equity, and internal financing. Ensures adequate cash flow to meet the organization's needs.

· Oversees risk management strategy and business insurance plans.

Fiduciary

· Supports reporting activities and ensures compliance with debt covenants, statutory audits and taxes, benefit plans, and other compliance reporting.

· Develops understanding of Employee Stock Ownership Plan (ESOP) and supports the financial activities including working with the Trustee and valuation firm. Oversees the annual valuation process

Information Technology

· Identifies opportunities to scale and grow the business through appropriate and cost-effective investments in IT systems and resources

· Synthesizes current business intelligence or trend data to support recommendations for action

· Analyzes how technology can benefit the company or improve an existing business process and will then integrate a system to realize that benefit or improvement. Provide business cases to the CEO when required

· Examines the short and long-term IT and BI needs of StoneAge and utilizes capital to make investments designed to help the organization reach its objectives

· Collaborate with Engineering to ensure alignment with strategy to ensure the scalability and support of internal technology in the support of customer-facing products and interfaces

Requirements

KNOWLEDGE AND TRAINING REQUIREMENTS

• At least 15 years of experience in finance, accounting, and IT management and hold a bachelor's degree in finance or accounting. MBA is preferred
• At least 7 years' experience with international business operations and foreign currencies
• Strong team building and management experience
• Extensive experience with ERP systems, preferably implementation experience
• M&A experience in both domestic and foreign locations
• Understanding of private company valuations and valuation process
• Demonstrated successful partnering with People Operations in understanding Organizational Development tools and effectively implementing evolutions to them to attract, retain, and develop talent
• Demonstrated ethical leadership and beliefs with ability to maintain high levels of confidentiality
• Strong interpersonal skills and the ability to communicate and manage with local and remote staff across all levels of the organization.
• Have a high level of integrity and dependability with a strong sense of urgency and results-orientation
• Be a strategic thinker and customer service-driven
• Familiarity or experience with ESOPs is a plus
• Embody the Own It Mindset
• Be a Great Teammate
• Practice Self-Leadership
• Deliver on the StoneAge Assurance Promise

OTHER INFORMATION

· Travel is required.

· Responsibilities may require extended working hours beyond normal business hours

We value the diversity of the people we hire and serve. Diversity at our company means fostering a workplace in which individual differences are recognized, appreciated, respected, and responded to in ways that fully develop and utilize each person’s talents and strengths.  

Benefits

StoneAge offers a comprehensive benefits program that includes:

• Group health, dental, and vision insurance
• Life insurance
• Long-term disability insurance
• Paid time off
• Paid holidays
• 401(k) plan with a guaranteed match
• Paid parental leave
• Wellness rewards program, and much more!

Even more excited, we are an employee-owned company with profit-sharing and an Employee Stock Ownership Plan ("ESOP"), in which shares of company stock are allocated to eligible employees each year.

Our "Own It" mindset captures what many of us consider the biggest benefit of all: a highly engaged, collaborative workplace where everyone matters and every employee makes a significant impact.

Please visit our website at www.stoneagetools.com to get a better sense of our company and our employee-owned culture!