New Opportunity: Chief Financial Officer

Chief Financial Officer
ABOUT THE COMPANY
Kenworth Sales Company is a multi-generation, family-owned commercial truck dealership founded in 1945 and headquartered in West Valley City, Utah. With more than 1,400 employees across 38 locations, the company provides comprehensive truck sales, parts, service, leasing, rental, and financing solutions throughout the Intermountain West and Mid-Atlantic regions. Recognized as Kenworth Dealer of the Year in both 2020 and 2025, Kenworth Sales Company has built its reputation on quality products, superior service, and a long-standing commitment to its customers and communities.
ABOUT THE POSITION
Reporting directly to the President, the Chief Financial Officer provides strategic leadership and oversight across accounting, financial reporting, compliance, information technology, security and risk management, finance, and treasury. As a key member of the senior leadership team, the CFO plays an integral role in shaping the Company’s business strategy, financial direction, capital planning, and overall operations.
Essential Duties and Responsibilities
SENIOR MANAGEMENT
Actively participate as a member of senior management to execute the company’s business strategy. Establish and maintain effective working relationships with the dealer principal, board of directors, family business council, president, COO’s, and senior management. Ensure compliance with the company’s vision, mission, and values.
- Coordinate the preparation of annual business plans for all departments, including forecasts for future business growth, general economic, industry, and financial conditions.
- Analyze financial operations and identify areas of improvement.
- Develop innovative and effective financing strategies to support Company operations and growth.
- Evaluate growth opportunities including valuation analysis, due diligence, financing, risk assessment, purchase agreement support, and post-acquisition integration planning.
- Develop and foster productive relationships with outside tax, legal, accounting, banking, insurance, and investment advisors as appropriate to support succession planning for ownership and management.
FINANCIAL REPORTING
Supervise the company’s accounting and financial reporting systems.
- Ensure financial statements fully and accurately represent the financial position of Company operations and comply with GAAP standards.
- Design, maintain, and enforce appropriate internal controls, approval authorities, segregation of duties, financial policies, and fraud prevention processes to safeguard Company assets and ensure the integrity of financial reporting and business practices.
- Ensure reporting compliance with government authorities and regulators, franchisors, and funding institutions.
- Engage and coordinate all audit functions as directed by the board of directors.
- Coordinate and supervise internal audits for compliance with Corporate financial standards and related Company policies and procedures.
- Develop and maintain financial dashboards, key performance indicators, variance analyses, and management reporting tools that provide Management timely insight into financial performance, profitability, liquidity, departmental results, and emerging business trends.
RISK MANAGEMENT
Supervise the company's risk oversight, including the identification, management, and remediation of physical, virtual, reputational, financial, strategic, and operational risks inherent in all Company operations. Engage and effectively manage physical damage, liability, and business operations insurance coverage, loss prevention, cybersecurity, etc.
CASH MANAGEMENT
Supervise the company's cash flow.
- Develop and review pro forma financial and cash flow forecasts to ensure adequate money supply for Company operations.
- Oversee customer account services, including the receivables process.
- Develop and maintain strong banking and lender relationships including credit facilities, borrowing capacity, debt obligations, lender reporting, covenant compliance, and other treasury activities.
- Administer the company's financial obligations, ensuring compliance with contract terms including accounts payable and payment schedules.
INFORMATION TECHNOLOGY
Supervise the company’s information technology (IT) program, including cybersecurity oversight, systems reliability, data protection, software and vendor management, disaster recovery planning, business continuity support, and technology initiatives.
QUALIFICATIONS
- Bachelor’s degree in accounting, finance, business, or related field required; MBA and/or CPA preferred.
- Minimum of 10 years of progressively responsible experience in senior financial, accounting, or audit roles, with experience operating at a leadership level.
- Strong knowledge of GAAP, financial reporting, corporate compliance, financial analysis, acquisitions, and negotiations.
- Experience with business operations, information technology, and/or the heavy-truck or commercial vehicle industry preferred.
- Demonstrated ability to lead, develop, and retain high-performing teams while improving organizational effectiveness.
- Excellent communication, interpersonal, organizational, time-management, and decision-making skills.
- Ability to analyze complex business issues, develop sound financial and business-case recommendations, and communicate them effectively to senior leadership.
- Ability to work independently, manage multiple priorities, and operate effectively in a fast-paced, changing business environment.
- Willingness and ability to travel as needed for business purposes.
Interested in Learning More?
180one has been retained by Kenworth Sales Company to manage this search. If interested in learning more about the opportunity, please contact Lisa Heffernan / 971.256.3076/ lisa@180one.com.






