Chief Financial Officer & VP of Finance

Latitude Corp.

Job Description

Job Title CFO & VP of Finance

Location 1003 American Way, Verona, WI, 53593

Job Category Full Time

Employee Type Exempt

Description:

A strategic and hands-on Chief Financial Officer & VP of Finance to lead the financial operations of our multi-site, growing contract manufacturing company. The CFO is responsible for directing and overseeing all financial activities of the organization, including Financial Planning and Analysis (FP&A), Internal Controls and Compliance, Audit & Assurance. As a key member of the Executive team, the CFO plays a critical role in shaping the financial strategy, driving operational efficiency, and supporting profitable growth.

Key Responsibilities:

Financial Strategy & Leadership

* Develop and implement financial strategies aligned with Latitude short-term requirements and long-term growth

* Partner with Latitude's President and Executive Team on strategic planning and business decision-making

* Lead annual budgeting, long-term forecasting and planning process for internal management, financial partners and ESOP valuation

* Serve as ESOP and 401K Plan Sponsor

* Facilitate financial execution of payroll and benefits administration

* Oversee internal controls, insurance, contract reviews and approvals, and legal compliance

* Serve as Board of Directors Secretary

Financial Reporting & Compliance

* Oversee accurate and timely financial reporting, including monthly, quarterly, and annual reports.

* Ensure compliance with GAAP/IFRS, ESOP regulations, and other financial standards.

* Manage relationships with external auditors, ESOP Partners, and financial institutions.

* Develop financial metrics that monitor the health of the business.

Cost Accounting & Margin Analysis

* Oversee the development of standard costing and variance analysis

* Analyze Customer and product profitability, support pricing decisions and contract negotiations

* Capture total production costs including fixed, variable, operating, direct, and indirect costs.

* Provide financial analysis and insights into efficiency and gross margins

IT, ERP & Financial System Management

* Develop Information Technology Roadmap to ensure IT systems stay relevant by introducing new technology to facilitate collaboration and data processing

* Implement an IT Risk Management process that ensures proactively addresses vulnerabilities, ensures business continuity, and prevents financial losses

Operational and Strategic Support

* Establish and monitor department budgets that support the strategic initiatives

* Collaborate Operations to improve cost controls and efficiency

* Support capital expenditure planning, ROI analysis, and budgeting process

* Develop financial tools collaboratively to support operational decision making

* Understand the relationship between financial metrics and daily operational performance

Team Leadership

* Lead, mentor and develop the finance, accounting. IT and ERP teams

* Ensure optimal structure and competencies are available to support the business at each location

* Develop organizational goals that challenge the Finance team to excel

Qualifications:

* Bachelor's degree in Accounting, Finance or related field, MBA preferred

* CPA

* 10+ years of progressive financial leadership experience, ideally within a manufacturing or contract manufacturing company

* Strong knowledge of cost accounting, inventory management and ERP systems

* Proven experience in financial strategy, capital planning, and cross-functional collaboration

* Experience in a $100+MM, multi-site, high mix manufacturing organization and leadership of off-site team members

* Collaborative, professional leadership style with a hands-on approach, strong communication and analytical skills

Preferred Experience:

* Experience with regulated industries, such as Aerospace & Defense, medical, etc.

* Experience with an Employee-Owned business

* Experience with opening new facilities

* Experience within an ESOP (Employee Stock Ownership Program) or non-profit organization

* Knowledge of FARs, DFARs, DCAA, Government accounting

Latitude Corp. is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We consider all qualified applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity or expression, age, national origin, disability, genetic information, marital status, veteran status, or any other legally protected status.