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About Steele Industries
Steele Industries is a growing night vision manufacturer and distributor seeking an experienced Fractional CFO to provide financial leadership and help build a disciplined plan for continued growth.
This is a hands-on engagement working directly with the owner and alongside our controller and accounting support team. We are looking for someone who can translate financial information into practical recommendations on cash flow, inventory investment, profitability, financing, and expansion.
The engagement will begin with a defined 90-day scope, with the opportunity for an ongoing relationship.
Responsibilities
- Lead an initial accounting and finance assessment, identifying reporting gaps, process weaknesses, and priorities.
- Work with the controller to establish reliable financial reporting and clear accountability.
- Establish and oversee a rolling 13-week cash forecast, including collections, supplier payments, payroll, credit cards, and debt obligations.
- Review future supplier commitments and determine their impact on cash availability.
- Develop a 12-month financial forecast and growth scenarios covering staffing, facilities, new products, and inventory investment.
- Evaluate working-capital requirements and recommend appropriate financing strategies.
- Review product and sales-channel profitability and recommend improvements to pricing, margins, and spending.
- Help establish purchasing limits, cash targets, and financial approval procedures.
- Evaluate the financial impact of major hiring, expansion, and capital-investment decisions.
- Develop management reporting and key performance indicators that support timely decisions.
- Lead regular financial reviews with the owner and coordinate implementation with the controller and internal team.
- Recommend an appropriate ongoing finance structure as the company scales.
Initial 90-Day Priorities
- Deliver a written assessment of the current finance function and a prioritized improvement plan.
- Establish a weekly cash-planning and financial-review process.
- Define responsibilities across the CFO, controller, and existing accounting support team.
- Establish a dependable monthly reporting package.
- Evaluate inventory investment, supplier commitments, and profitability.
- Present a growth plan showing expected cash requirements, financing needs, and key risks.
Qualifications
- Prior CFO or fractional CFO experience with growing manufacturing, distribution, or other inventory-heavy businesses.
- Strong experience in cash forecasting, working-capital management, budgeting, and financial modeling.
- Demonstrated ability to evaluate inventory investment, product margins, and supplier payment commitments.
- Experience working with owner-operated businesses and lean accounting teams.
- Familiarity with QuickBooks Online and strong financial modeling skills.
- Ability to communicate clearly and provide practical recommendations with named owners and deadlines.
- Relevant client or professional references.
- CPA, CMA, or MBA preferred, but not required.
Engagement Expectations
Weekly financial reviews during the initial engagement, defined availability between meetings, clear deliverables, and transparent pricing. Independent professionals and firms are welcome to apply. Firms should identify the individual who will perform the work.
How to Apply
Please apply and submit your resume or firm overview through indeed, relevant industry experience, availability, and proposed fee structure. Describe your approach to the first 90 days and specify whether controller support is available separately or included in your services.
Compensation
$90000 – $95000 per year
