Chief Financial Officer

Falcon Plastics

  • Brookings, South Dakota
  • 30+ days ago

    Highlights

    The Chief Financial Officer (CFO) leads Falcon’s global financial strategy, operations, and risk management, supporting profitable growth, operational discipline, and long-term sustainability. This role requires deep manufacturing finance expertise, comfort operating at both plant and board levels, and the judgment to steward a family-owned, multi-generational business with international operations.

    Numbers & Facts

    LocationBrookings, South Dakota

    Description

    ROLE SUMMARY

    The Chief Financial Officer (CFO) leads Falcon’s global financial strategy, operations, and risk management, supporting profitable growth, operational discipline, and long-term sustainability. As a strategic partner to the President and trusted advisor to ownership, the CFO ensures financial insight drives enterprise decision-making.

    This role requires deep manufacturing finance expertise, comfort operating at both plant and board levels, and the judgment to steward a family-owned, multi-generational business with international operations.

    KEY RESPONSIBILITIES

    Financial Strategy & Leadership

    • Serve as a strategic partner and trusted advisor to the President, shaping enterprise direction and major business decisions.
    • Own Falcon’s long-range financial strategy, including development and stewardship of 5-year strategic planning.
    • Translate company strategy into actionable financial plans, forecasts, and capital allocation decisions.
    • Balance hands-on financial rigor with enterprise-level perspective, ensuring accuracy, insight, and sound judgment.
    • Provide financial leadership for growth initiatives, acquisitions, divestitures, and geographic expansion.
    • Balance short-term performance with long-term stewardship in a family-owned environment.
    • Develop and oversee enterprise scorecards that align strategy, performance, and accountability across the organization.

    Financial Planning, Analysis & Reporting

    • Own enterprise forecasting, including annual budgets, rolling forecasts, and long-range financial planning.
    • Ensure timely, accurate, and consistent production of financial reports and data across all entities.
    • Establish and enforce close timelines, reporting standards, and accountability for on-time delivery.
    • Deliver decision-ready financial reporting to the President, executive team, Board, and shareholders.
    • Prepare and present comprehensive financial materials for quarterly Board and shareholder meetings.
    • Proactively surface insights, risks, and trends to support informed decision-making.
    • Analyze manufacturing performance drivers such as labor, materials, overhead absorption, tooling, capital utilization, and margins.

    International Operations & Manufacturing Finance

    • Oversight of financial operations across U.S., Mexico, and China locations, ensuring consistency, transparency, and control.
    • Act as enterprise currency manager, overseeing foreign exchange exposure, mitigation strategies, and reporting.
    • Partner closely with plant leadership to improve margins, cost control, costing accuracy, and operational efficiency.
    • Manage transfer pricing considerations and cross-border financial risks.

    Accounting, Controls & Compliance

    • Lead global accounting operations, financial close, audits, tax, and compliance activities.
    • Maintain strong internal controls, governance, and financial integrity across all entities.
    • Ensure compliance with U.S. and international statutory and regulatory requirements.
    • Serve as primary liaison to external auditors, tax advisors, banks, legal counsel, and other financial partners.
    • Ensure global tax compliance for the business and coordinate tax-related matters impacting shareholders.

    Capital Structure, Cash & Risk Management

    • Lead cash flow management, working capital optimization, and liquidity planning.
    • Oversee debt management, banking relationships, and financing strategies.
    • Evaluate and prioritize capital expenditures, tooling investments, and automation initiatives.
    • Identify financial, operational, and geopolitical risks and develop mitigation strategies.
    • Support scenario planning and stress testing related to economic cycles and customer concentration.

    Leadership & Team Development

    • Lead, develop, and hold accountability for the global accounting and finance function.
    • Establish strong relationships, clear expectations, core processes, operating structure, and development paths for finance team.
    • Foster a disciplined and detail-oriented finance culture that enables enterprise-wide collaboration.

    Family-Owned Business Stewardship

    • Serve as primary financial liaison to family ownership and shareholders.
    • Quarterback financial matters related to trusts, shareholder agreements, governance structures, and ownership reporting.
    • Plan, run, and support quarterly Board meetings and shareholder meetings.
    • Act as a trusted steward of the business, balancing fiduciary responsibility with Falcon’s values and legacy.

     

    SUCCESS INDICATORS

    • Improved financial visibility and decision-making across the organization.
    • Cost based analysis that allows for growth in profitability.
    • Strong cash flow, disciplined capital allocation, and margin improvement.
    • Trusted partnership with executive leadership and ownership.
    • Scalable financial systems and processes that support growth.
    • A proactive, cohesive, and highly communicative finance team.

    REPORTING STRUCTURE

    • Reports directly to the President.
    • Member of the executive leadership team.
    • Works in the Corporate Office five days a week.
     

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