CFO

ABOUT SIMON GROUP HOLDINGS

Simon Group Holdings (“SGH” or the “Company”) is a family office led by Sam Simon. The Company is a diversified investor with a portfolio that includes control ownership of several portfolio companies and minority positions in other assets and securities. SGH is unique in its underwriting approach because it over-indexes on the people that drive a business. The investment focus is on finding the right opportunities that involve the right human spirit. As Sam Simon says, “A business is not all about the balance sheet. We look at every aspect of their business. We look at their back office, their culture, but most importantly… their people. “

SGH’s flagship company is Atlas Oil which Sam began building from the ground up 32 years ago. With Atlas he created and instilled a culture and attitude that still resonates across all the Simon Group Holdings companies today. The SGH team loves what it does and leverages a strong culture where the entire team fully leans into an inherent set of shared values. Urgency, collaboration, solutions-mindedness, hands-on player/coaches, strong work ethic – these behaviors are all deeply rooted across SGH.

“We invest ourselves in every transaction.” Sam and the entire Leadership Team are financially invested in every transaction. Senior management from legal, accounting, financial analysts, human resources and operations are involved in evaluating each one. The SGH investment strategy focuses on acquiring companies that need a strategic financial investment partner that would benefit from strong operational background and focus on enhancing technology. SGH also seeks to acquire organizations that would benefit from our network of companies that can be used for cross-pollination. The Company is predominantly a buy-and-hold investor with a focus on the long-term horizon.

SGH investment criteria include:

Verticals that need an investment with change/growth/technology.

Legacy businesses that have been slow to adopt digital technology.

Entrepreneurial operators.

Businesses that can be complemented with add-ons once acquired.

Businesses that have synergies with SGH family of companies.

The ability to add digital technology and innovation.

PURPOSE & RESPONSIBILITIES

The CFO accepts the mantle of responsibility to help accelerate value creation as a key leader of SGH, accountable for helping to drive value across the portfolio and within the Company. With a shared focus on all four, the CFO will help: a.) strengthen SGH as a company; b.) help improve performance across the portfolio; c.) play a key role in capital deployment and deal structuring; and c.) make Sam a better owner.

Leadership Expectations

The CFO will have an innate ability to engage with existing management and quickly earn their trust and cooperation. They will serve as a spirited leader who embodies SGH’s core values. The CFO will quickly assimilate into the Company’s culture and provide immediate support to a highly capable team. The individual will be rooted in urgency and with a clear bias for execution. The CFO will lead with confidence, competitiveness, and resiliency to fuel constant progress despite the pressure and expectations of roles in private equity-backed, portfolio companies. They will also be grounded in intellectual honesty, self-awareness, and humility.

Scope

Reporting directly to the CEO, the CFO will be responsible for all aspects of financial accounting, analysis and reporting as a member of the senior leadership team who share responsibility for driving strategy and profitable growth. The CFO will bring insightful analysis, process, reporting, metrics, and disciplined control to drive continuous margin improvement. This role will provide key leadership in corporate and operational financial functions including financial and operational control; business integration; capital formation; planning, forecasting and analysis; cash flow; treasury; audit; taxes; information systems; investments; and corporate development. Above all else, the CFO will also be a key contributor to growing EBITDA and increasing the overall value of the enterprise.

Approach

As a key member of the executive team of this middle market company, the CFO will be challenged to lead as a “player/coach” with a highly entrepreneurial “roll up your sleeves” approach. In this capacity, the CFO will flex from high level involvement including SGH collaboration to hands-on operational activities such as financial modeling, forecasting, project/product profitability analysis, etc. The candidate will have an operational orientation and will lead in an entrepreneurial and resourceful manner, consistently delivering targeted results with lean resources and an eye toward optimizing the eventual exit value of the business. The CFO will partner closely with the CEO, management teams and SGH, along with a variety of external stakeholders including auditors, lenders, and legal counsel.

High Performance Team

A sizeable portion of this role will involve developing and driving a high-performance financial team concept throughout the organization and within the portfolio. The CFO must create an engaging, empowering, and rigorous culture of service, passion, competitiveness, and accountability, while building upon the pillars of the Company’s cultural strength.

Margin Improvement

The CFO will work closely with management teams and SGH to optimize EBITDA margins. They will play a key part in strategic pricing initiatives while identifying cost-out opportunities. The CFO will also help reorganize SG&A spend to better support ongoing scale of across the portfolio.

Operational Orientation

The CFO will lead continuous operational improvement across SGH’s investments. This person will install and leverage best-in-class processes, systems, and tools in a hands-on, detail-oriented manner. The individual will leverage a highly effective operating rhythm, along with key metrics and measures to drive performance. They will be responsible for helping the Company and its investments meet quarterly and annual EBITDA targets and growth plans, while continuously increasing the enterprise value of the Company.

Capital Deployment and Deal Structuring

The CFO will work closely with SGH management to acquire and structure new portfolio company investments. They will play a key part in presenting SGH as an ideal buyer, leading financial diligence, and helping to integrate new investments into the SGH methodology of governance and value creation.

Acquisition Integration

The CFO will help portfolio companies financially integrate several accretive, add-on acquisitions. They will also play a key part in the diligence process.

Stakeholder Relationships

The individual will be a trusted partner to SGH and any lenders who support portfolio company investments. They will be a transparent communicator, providing proactive and detailed insight into results, projections and opportunities. The CFO will craft financial results into powerful narratives and drive high-velocity and informed decision making.

PROFESSIONAL QUALIFICATIONS Experience: 20+ years

Our ideal candidate is mostly likely coming out of one of the following roles:

a proven CFO of a private equity-backed company;

an operating executive within a private equity firm; or

a senior-level corporate development role (presuming prior experience in operational finance roles.

Earlier career:

We seek a well-rounded career foundation that will ideally include tours at one or more “blue chip” companies in roles such as Operational Finance, FP&A, Corporate Development,

Sector Experience:

We are open to candidates from a variety of sectors, and the successful candidate must be able to adapt across a variety of industries. Past experience with one of the following may be a plus but is not required: logistics, business services, energy, technology, financial services and/or manufacturing.

M&A:

We prefer solid integration experience with a history of optimizing multiple arbitrage and post-integration synergies.

Corp Dev:

The ability to help structure investments is an important value-add. In this light, prior tenure in corporate development may be a plus but is not required.

Financial Capabilities:

We require a well-rounded financial tool kit with a particularly deep spike in leveraging a forward-looking, FP&A toolkit to drive value creation within a high-stakes, fast-growing company.

Capabilities:

This person must demonstrate an operationally oriented, general management mindset and a proven ability to truly partner with CEOs, management teams, and family office leadership in growing a business and increasing shareholder value.

Strategic Situations:

Candidates should have a solid track record of driving profitable topline growth and margin improvement through dynamic periods of change. Candidates must be battle tested with a history of delivering results in high-pressure, high-velocity situations.

Education

Undergraduate Degree

MBA may be a plus but is not required

Location

We require someone already located in the Greater Detroit area who can be present in SGH’s Birmingham, MI offices.

THE PERSON

Cultural Fit

The candidate will naturally and passionately exhibit SGH’s core values.

Cognitive Horsepower

The candidate will be intellectually rigorous and able to engage in and enrich robust discussion, problem solving, and planning. They will display an innate intellectual curiosity and an ability to diagnose root-cause issues and opportunities hidden throughout the operation. The person will have sound judgment and be equipped to thrive in an environment of high-velocity decision making.

Execution

The individual must be defined by an obsessive focus on execution, strong bias for action, decisiveness, and a sense of urgency. The candidate’s ability to execute will be complemented by a well-rounded strategic perspective; however, make no mistake, the individual must obsessively drive execution. The successful candidate will be hands-on, highly resourceful, and able to get the most out of finite people, process, and technology resources.

Leadership

The successful candidate will be a proven and established leader with a track record of building a following, high performance teams and winning cultures. They will have the highest standards for performance and drive accountability across the Company. They will ensure engagement across the organization while leveraging excellent communication and listening skills. The placement must be rooted in integrity and represent themselves in a truthful and straightforward manner. They will be of high character, intellectually honest and self-aware regarding their own capabilities, limits, and interests.

Interpersonal

The individual will be highly confident yet be fully grounded in humility. They will be of sound self-esteem, comfortable in their own skin and rooted in authenticity. They will be tough but collegial and maintain a focus on the shared goals of the organization. They will be generally free of arrogance, defensiveness, drama, and insecurities.

Resiliency

The person must possess unrelenting mental toughness and resiliency. The candidate must also possess a highly effective x-factor that inspires a contagious belief and “will win” throughout the organization. The individual will be a fierce and inspiring competitor and embed that ethos throughout the organization.