At Liberty Steel and Wire, we are committed to producing high-quality products that support a wide range of industries. Our steel, wire, and rod solutions are trusted across the country, helping drive innovation and efficiency. Our team is composed of dedicated, hard-working individuals who show a strong sense of ownership. Everything we do is centered around delivering excellence and living by our core values: Integrity, Teamwork, ACT, Professional Confrontation, Dignity & Respect, and Transparency.

We are expanding our team and looking for a Divisional CFO. The Divisional CFO role is a key position not only for traditional finance and governance responsibilities, but also because of the strategic and commercial contribution the role is required to make.

As Divisional CFO, You Get To

With the Senior Vice President and Executive team, develop and implement the strategic goals and financial objectives of the organization.
Provide insight into the commercial and financial implications of proposed initiatives and management decisions.
Coordinate and deliver the long-range strategic planning process and scenario planning, with particular focus on understanding and growing shareholder value and maximizing value of vertical integration.
Collaborate with the Senior Vice President and Management team to articulate the strategy internally and to Executive team as well as externally and continually improve alignment of our workforce and shareholders around that strategy.
With the Senior Vice President, create annual operating or business plans that support long range plans and strategic direction set by the Executive team that reflect the overall business strategy and supported by correlating annual operating budgets. Submit and present annual plans for approval to Executive team. Including identification of external market and economic factors, competitor impacts and benchmarks, Balance Sheet optimization targets and shareholder value growth expectations as inputs to these plans.
Maintain an effective balance sheet by conducting formal and regular reviews and installing and maintaining appropriate accountabilities for all Balance Sheet accounts.
Install and monitor a structured risk management framework with regular updates on company-wide major business risks and monthly financial opportunities and risks
With the Senior Vice President, review the opportunity and risk assessments of each BU and ensure adequate action plans and resources are in place to effectively capture opportunity and mitigate risk in a timely manner
Report and present financial opportunities and risks, with action plans overview to the Executive team monthly and company-wide major business risks on an appropriate minimum frequency.
Lead oversight of internal control environment and enabling systems to ensure key financial, business operation and data protection risks are appropriately managed. Ensure delegated authorities are regularly updated and enforced by systems. Ensure adequate standards are set and enforced for oversight of the company's systems for managing risk.
Advise upon and actively monitor all major product price decisions and contractual commitments to optimize external economic factors as they change and ensure constant challenge of best financial outcomes to the business, with a shareholder value lens in particular.
Together with the Senior Vice President and Executive team ensure the right balance / spread of investment in Horizon 1 (Core), Horizon 2 (Adjacent Expansion), and Horizon 3 (Transformational).
Review and challenge semi-annually each business' long range and short range outlook and historical results for value-reducing or non-accretive businesses or business structures. Recommend and take action to turn around sub-optimal business elements and ensure that all business units and operating locations produce minimum shareholder returns and can achieve best in class outcomes. Take action and escalate where below shareholder target returns are evident, with action plans and updates.
Ensure all business investments have a clear and unbiased methodology for evaluation of economics with appropriate level of supporting plans and financial analysis with focus on earnings, cash and shareholder value accretion. Review and warrant all capital investment proposals prior to commitment of funds and recommendation for approval.
Provide governance updates to the Executive team on progress from the Investments.
Review cash projections and take action, in conjunction with the Senior Vice President, to meet predictions and respond to opportunities or risks as they arise
Measure Balance Sheet impacts (actual and predicted through business plan and beyond) of cash and take action where relevant to maintain acceptable Balance Sheet metrics
Ensure capital expenditure is appropriately incurred for acceptable and maximum payback, filtering low return expenditure and administering a business-relevant prioritization methodology.
Ensure all reporting and governance requirements are met including Report financial performance and capital investments to the Executive team, attendance at risk and audit forums or committees.
Oversee and ensure all business system changes are implemented after and via a business process (procedure and guideline) update and retraining with adequate resources, oversight and alignment with group wide objectives.
Present or participate in presentation of results and forecast guidance to external stakeholders such as investors, financiers and risk underwriter groups.
Promote a constructive culture by role modelling achievement, self-actualizing, humanistic-encouraging and affiliative behaviors.

You'll Be a Good Fit If You Have

Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Master's degree preferred.
10-15 years of progressive financial experience with at least 5 years' experience in a senior leadership role (Controller, Finance Director, etc.) within a manufacturing or industrial setting.
Proven experience in cost accounting and FP&A specific to manufacturing operations.
Strong track record of overseeing capital investment strategies, budgeting, and forecasting.
Leadership experience with cross-functional teams.
CPA/CFA required. CMA, preferred.

The pay range for this role is $225,000- $255,000, including a 35% discretionary target bonus.

This position is based out of our Peoria, IL facility and relocation assistance is available.

A Little About Us

We are a steel manufacturer producing billets, rebar, rod, industrial wire, and agricultural fence products, Red Brand, based in Bartonville, Illinois. All of our products are 100% made in the USA. We are known for providing industry expertise, competitive pricing and responsive customer service. But most of all, our reliable inventory of steel, and strategically located facilities, promise to deliver in the most cost efficient and timely manner.

As part of a global organization, GFG Alliance, Liberty Steel & Wire is committed to the purpose of creating a sustainable future for industry and society. Focusing on change, family, and sustainability, Liberty Steel has pledged to become carbon neutral by 2030.

We believe in recognizing change is a constant in the world, we are dynamic in that we seek to drive change rather than let it drive us. We pride ourselves on having an open mindset and continually challenging the status quo.

If you believe you are a great fit for this role, we would love for you to apply! At Liberty Steel and Wire, we are dedicated to fostering an inclusive and collaborative work environment where all individuals can thrive. We value the unique perspectives and experience that every team member brings and are committed to empowering our employees to do their best work every day.

Join us and be part of a company that believes in growth and shared success. We're excited to show you the opportunities and support we offer!

Liberty Steel and Wire is an Equal Opportunity Employer.

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