Chief Financial Officer

Description

At Conn Selmer, we're passionate about music and dedicated to producing the highest-quality instruments for musicians of all skill levels. As a member of our organization, we seek candidates who possess the following values: Integrity, Excellence, Teamwork, Inclusivity, and Innovation. Please see our Conn Selmer website (www.connselmer.com) for more information about who we are.

We are seeking an experienced, hands-on Chief Financial Officer (CFO) to lead the full financial strategy required for our global manufacturing/distribution business. This is a high-impact role critical for long-term growth and change management. The ideal candidate will bring deep expertise across all areas of corporate finance and will play a pivotal role in optimizing performance in a dynamic manufacturing environment. The successful CFO should possess exceptional leadership skills to inspire and motivate their team during times of change.

The CFO will serve as a strategic business partner to the CEO and executive leadership team, providing clear financial insight, driving operational efficiency, and ensuring disciplined capital allocation. This position offers the opportunity to shape the financial foundation of the company to deliver measurable results in a turnaround-oriented setting.

Responsibilities

• •Provides leadership, direction and management of the finance/accounting and customer engagement teams
• •Directs and manages company fiscal information in accordance with generally accepted accounting principles (GAAP) and regulations. Oversee monthly accounting and financial reporting, operational (cost) accounting, budgeting, and strategic planning. Ensure proper controls are in place and operating effectively
• •Provides strategic recommendations to the CEO/president and members of the executive management team
• •Manages the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
• •Advises on long-term business strategy and financial planning, including foreign and domestic operation transitions
• •Establishes and develops relations with customers, senior management and external partners
• •Reviews all formal finance, HR and IT related procedures
• •Ensures timeliness and accuracy of divisional monthly financial close and financial review for management team and parent company (Steinway). Ensures accurate appraisal, interpretation, and analysis of financial results.
• •Executes and prioritizes the critical tasks needed to achieve the key strategic initiatives of the organization and establish and track financial goals, objectives, budgets from the strategic plan
• •Responsible for division annual audits, including statutory audits in foreign jurisdictions, and compliance with all local regulations
• •Leads the annual budgeting process, ensuring parent company deadlines are met. Provide periodic forecast updates to parent company during the year. Oversees the company’s fiscal activity, including budgeting, reporting, audit, and tax.
• •Advises the President and Executive team on financial matters, including (but not limited to) strategic planning, M&A activity, AvB analysis, capital expenditures, and cash management. This includes any needed financial analysis or risk/benefit assessments.
• •Provides input and leadership with respect to ERP implementation projects, as they relate to financial analysis/reporting, process controls, and operational data.
• •Leads the quarterly presentation of financial and company performance (QSIR) to Steinway; including evaluation of all materials presented.
• •Reviews all legal contracts, royalty agreements, supply agreements, dealer agreements, artist agreements, and advise on contract status, legal risks, and the legal or financial liabilities associated with the points of the contract
• •Reviews accounting practices to ensure their correctness, appropriateness, and conformance to generally accepted accounting principles, Federal Acquisition Regulations, Cost Accounting Standards, Accounting Policy, Corporate Accounting Procedure Requirements, Corporate Control Objectives.
• •Ensures effective and compliant management of financial accounts – Payables, Receivables, Overhead, Capital

Requirements

• •CPA required, MBA preferred
• •7-10 years minimum required in manufacturing environment
• •Ability to communicate and translate financial terms into understandable terms for line managers.
• •Expertise in cash flow management, inventory management, credit, collections, multi-site manufacturing and distribution, turn-around skills
• •Effective communication and strong persuasive skills, with the ability to organize and manage multiple priorities
• •Demonstrated ability to work in complex situations with professionalism and create team-building culture
• •Competence in using Microsoft applications (Dynamics, Excel, Word, Powerpoint, BI), and other finance technology platforms
• •Requires long periods of sedentary work with limited physical exertion and occasional lifting up to 20 lbs.
• •Ability to travel independently via automobile, airline, public transportation, as required
• •Must be able to work extended hours whenever required
• •Must be able to routinely perform work on a computer for an average of 8 hours per day.