About Redmond

At Redmond, we are committed to “Elevating the human experience” in everything we do.  Redmond, Inc. is a growth company comprised of nine businesses ranging from salt mining, mineral processing, and distribution, to our best known consumer brands of Real Salt, Trophy Rock, and Best Vinyl Fence & Deck. We’re proud of each of our brands and the products they help create, but Redmond isn’t just a salt company or a vinyl company, or even a holding company. Redmond is a people company that is committed to nurturing and developing our great people as we deliver best-of-breed products that delight our customers.

Redmond is looking for a Chief Financial Officer (CFO) to join our team that is highly talented, collaborative, and supportive. Redmond has asked ePraxis, a premier-level talent selection and executive coaching company, to coordinate its search for a new CFO. Redmond’s unique culture requires a unique personality for the role: An experienced executive, analytical and savvy, comfortable making decisions, speaking up, and leading a team, who nonetheless remains dedicated to continued personal growth, curiosity, and lifetime learning.

Profit matters at Redmond – but not for its own sake. We are looking for a CFO who will have a natural appreciation for long-term strategies that favor the company’s ultimate goal of elevating our common humanity – sometimes choosing to bypass short-term profits to reinvest in the mission of the business.  Our Redmond CFO will have developed financial, analytical, and risk management abilities, and will volunteer his or her best thinking to support the decisions of the executive team. The company requires a CFO who views his or her role as crucial to the success of the business and its goal to nurture, support and develop profitability by nurturing, supporting, and developing its people.

Redmond is a privately held company, with no aspirations of being acquired and no interest in going public. We have no externally motivated quarterly profit goals and aren’t interested in short-term financial window-dressing maneuvers to impress investors. We invest in long-term strategies with an emphasis on creating a lasting legacy. Consequently, if you view people and salaries primarily as inputs in spreadsheet formulas designed to maximize company profit, you are unlikely to excel in Redmond’s culture. If you believe your work experience and your fundamental business philosophy matches Redmond’s needs, we encourage you to learn more about this position and apply.

CFO Position Description

Technical Responsibilities of our Redmond CFO

At Redmond, the CFO reports to the CEO and is responsible for collaborating with the team to develop and manage the strategic financial operations of the company. As Redmond’s CFO, you would have primary responsibility for planning, implementing, managing and controlling all financial-related activities of the company, under the direction of the CEO.

Your regular management duties would include accounting, budgeting, banking, cash-flow forecasting, project forecasting and analysis, strategic planning, contract negotiations, contract review, base and incentive compensation planning, long- and short-term planning (such as ROI calculations on CAPEX.) Periodically, your role would require mergers and acquisition (M&A) due diligence and integration, business model development, deal analysis, presentation to groups, and participation in various types of negotiations.

Redmond’s CFO is an executive leader and manager, and may be tasked by the CEO to lead other company initiatives, programs, and business units from time to time. (It is worth noting that Redmond is intentionally a flat organization; executives used to a certain degree of status and privilege may be surprised by a culture that deals with executives the same as any other associate.)

In Redmond’s businesses, the CFO needs to be able to explain complex financial principles simply and visually, with rich data analysis and support for factors other associates need to understand. You will of course bring experience and wisdom other members of the team do not have; a successful CFO will need to respect the contribution of each associate and provide data discovery and analysis tools that will help people from a variety of backgrounds make better decisions.

Our CFO will need to have the energy, drive, desire and commitment to the values, processes, and systems improvements that will help Redmond’s executive team lead the company to new levels of growth and profitability. We are particularly interested in meeting CFOs with experience in growth companies ranging from $150 million to $450 million.

Top 10 Traits Redmond Seeks in our CFO

1. Curious, introspective, and determined to improve 

2. Honest, open, and transparent 

3. Responsible, accountable, able to delegate to get things done 

4. Intelligent, knowledgeable, and life-time learner 

5. Willing to lead by example (executive management, strategy, initiative, and innovation)
6. Confident without hubris; humble strength 

7. Emotionally intelligent, low maintenance 

8. Operates with intention, a sense of calm urgency 

9. Inherent passion for contribution 

10. Creative, collaborative, and helpful team member 


Summary of General Responsibilities of our CFO

Redmond’s CFO role is low visibility and largely supportive, reporting to the CEO in collaborative support of business unit financial goals. Key responsibilities include:

• The CFO plays a key discovery and strategic advisory role for the CEO and company on corporate strategy, M&A, governance, growth planning, and risk management.
• Core management of company internal controls, financial planning and analysis, accounting and audit, tax planning, finance and treasury, governance and compliance, and investor relations.
• You will coordinate and strategize with outside tax counsel and tax preparation firms and support independent 3rd-party financial operations consultant in quarterly financial reviews with business unit leaders.
• The CFO will be a team leader for the accounting and HR technical groups (insurance, benefits, employee legal.) Redmond currently has two controllers plus staff who will report to the CFO, with additional supervision of 7 full-time employees at headquarters and 8-10 bookkeeping staff distributed in local business units.
• Extended CFO duties include supporting the CEO and executive team in their respective roles with improved decision-making information, financial controls, process improvement reviews, and coaching in financial and risk management.
• Within the finance department, the CFO will manage treasury, finance, and accounting, including P&L, Balance Sheet, and forward-looking cash-flow forecasting.
• Additional duties include strategic planning, job costing, legal liaison, banking relations, tax, and compliance.
• You will develop, monitor, and manage KPI-driven dashboards throughout the company to create a transparent information system in real-time.
• Develop financial tools, situational awareness, and progress reporting to increase the effectiveness and ease of doing business with Redmond valued clients.
• Create historical, current, and forward-looking financial plans and statements.
• Provide clear and concise communication to many types of people (understanding people and their motivators.)
• Effectively plan and communicate priorities for your team, and align the executive team to financial goals.
• Be proactive and forward-looking, bringing issues to the executive team to consider before problems arise.
• Develop and manage banking and credit relationships.
• Conduct periodic M&A analysis, negotiation and acquisition integration as directed by the CEO.
• Provide thought leadership in forecasting and analytics.
• Coordinate with team members responsible for Administration, HR, IT, legal, and business development.
• Work with executives to develop a system that rationally identifies each team member's potential contribution, strengths, i.e., their "bright spots" in the organization, and develop a strategy to help each team member impact the overall company and improve business practices.
• Prepare and oversee financial and operations standard operating procedures (SOPs.)
• Manage teams using a player-coach style, focusing on improving player performance throughout the team members and executive team, not by compulsion or demand, but by persuasion, encouragement, coaching, and developing business processes, systems and support methods that make doing good work easier, desirable, and adopted by all.
• Support the executive team and business unit leaders, providing information, direction, and support for their teams.
• Create and foster a financial team that is service oriented and enthusiastic in their ability to teach and coach sound business principles to our many creative and talented team members who may have little prior business or financial education.
• Other duties as may be assigned from time to time by the CEO.

Qualifications and Requirements

• BS in Accounting or Finance required; MBA and/or CPA preferred 

• 10+ years in progressively responsible financial leadership roles (e.g. controller, VP 
Finance, CFO) 

• Prior experience operating GAAP accounting procedures and methods mandatory 

• Redmond currently uses Quickbooks enterprise system for accounting functions; prior experience with this system preferred 

• Advanced experience and skill using MS Excel Workbooks 

• Being a self-starter is a must. Demonstrated ability to work alone, be self-governing, be proactive, and responsible for accomplishment of the company mission without need for 
daily coaching or prompting from the CEO 

• Experience in using accounting packages and tools included in accounting software and CRM packages required 

• History as CFO, VP Finance, or controller with financial leadership for growth companies with $150 million to $450 million annual revenue businesses preferred. 

• Experience managing large privately held companies preferred

• Experience in strategically considering, developing, and implementing a captive 
insurance program a plus 

• Experience developing accounting and financial controls for a business conglomerate 
with a family of companies and industries preferred 

• Experience with product and service industries of similar types to Redmond's current 
line-up preferred (e.g., mining and minerals, material processing, logistics, distribution, 
fencing, agricultural, food processing, and retail distribution, retail sales, etc.) 

• Experience with employee owned businesses preferred; while the company is currently 
not an ESOP, this is a potential strategic option for the company in the future. 

• Experience in interstate commerce, compliance, insurance, licensing, taxes, and other regulatory requirements a plus. 

• While little travel is anticipated, the position is time demanding and the candidate must demonstrate that they understand the requirements of the position, the time required to complete the required duties, and a willingness to be flexible and work the required time-sensitive projects such as special projects, M&A, tax preparation, audit, and other seasonal key tasks that may be undertaken from time to time. 


Timing

Redmond’s CFO position is available immediately. We expect the ideal candidate will be working with another firm and are committed to helping you transition smoothly, with a target date of October 1, 2017.