Chief Financial Officer

Chief Financial Officer

Position Location: Houma, LA

Company

ASAP Industries Manufacturing, Inc. (ASAP) is a leading full-service machine and fabrication shop that specializes in the manufacturing and servicing of high-pressure flow control products and components for the oil and gas industry. The company was founded on the philosophy of delivering industry-leading turnaround times and quality control, making it a trusted partner for some of the largest oilfield OEM, service, and rental companies in the world. ASAP is headquartered in Houma, LA, with a second facility in Odessa, TX.

Boyne Capital is a Miami, FL-based Private Equity firm that seeks to forge lasting and collaborative relationships with companies whose founders and families are still deeply involved in growing their businesses. Boyne partnered with existing management to recapitalize ASAP in June 2018.

Opportunity

Reporting to the Chief Executive Officer, the Chief Financial Officer [CFO] is a key partner to the executive leadership team as well as the Board of Directors in the execution of the companys strategic growth and achievement of financial goals. We are seeking a highly driven professional to refine and improve the finance/accounting infrastructure, implement operational and financial KPIs, take a direct approach in assisting the CEO with managing daily operations, and collaborate with the functional leaders on developing and executing strategic objectives to position the company for a successful exit.

Responsibilities

• Act as a key liaison for private equity sponsor
• Partner with the CEO on identifying trends, margins, and cost analysis to support proactive decision-making
• Ensure that weekly flash/KPI dashboard is accurately updated
• Manage the finance and accounting function for the business
• Establish/enhance financial policies, procedures, controls, and reporting systems
• Manage the accounting team and oversee the monthly closing process
• Drive ERP enhancement and integration across platforms
• Lead the planning, coordination, and implementation of the annual capital and operating budget process in collaboration with other members of the executive team
• Deliver timely, accurate, and comprehensive financial reports to the Board
• Lead external audits
• Manage key third-party relationships
• Manage HR (payroll and health insurance) and IT functions
• Manage P&C and other insurance programs

Qualifications

• Bachelors degree in accounting
• 3+ years of audit at a national public accounting firm is required
• 3+ years as a controller/similar min the lower middle market
• Willing/able to be on-site in Houma, LA

Preferred

• Manufacturing accounting and job-costing/WIP accounting experience
• Experience with shop management ERPs
• Multi-location/state financial consolidation
• Prior experience in a private equity sponsored environment/M&A
• CPA