THE OPPORTUNITY:

Steel Partners is undertaking a creative and proactive approach to the recruitment of operating executives. They are seeking talented executives to become the CFO of an individual operating company – one currently in their portfolio.

Company Overview

Steel Partners Holdings L.P. (NYSE: SPLP; www.steelpartners.com) is a publicly traded diversified global holding company that has significant interests in leading companies across various industries including diversified industrial products, energy, defense, banking, insurance, food products and services, oilfield services, sports, training, education, and the entertainment and lifestyle industries.

As long-term investors, Steel Partners focuses on enhancing value through operational excellence, corporate strategic restructuring programs, and other components of the Steel Partners culture — what we call “The Steel Way.” Together, Steel Partners businesses generate $3.4 billion in revenue and employ more than 13,000 people in 18 countries.

To find out more about the company, please visit www.SteelPartners.com.

HandyTube Corporation

HandyTube is a seamless specialty tubing manufacturer based in Camden, Delaware. As a premium manufacturer, HandyTube provides customer-specific solutions for the flow of gas, steam, and liquids in the most harsh and demanding environments.

The company’s process allows it to produce made-to-order, seamless, stainless steel and specialty alloy tubing ranging from one inch in diameter to finer than a human hair, and in continuous lengths that can exceed a mile. Dedicated to high-quality service and products, HandyTube’s highly experienced engineers offer expertise on new product development through continuous improvement and lean manufacturing, working successfully with customers globally to take products and projects from initial concept to full-scale implementation.

We are committed to our values: Safety, Quality, Customer Focused, and Innovation. These are our guiding principles in everything we do.

To find out more about HandyTube, please visit www.handytube.com.

REPORTING STRUCTURE:

The Operating Company CFO (OpCo CFO) is a key organizational leader contributing to strategic creation, planning, deployment, cultural leadership, transformation, and operational execution. The staff positions that report directly to the OpCo CFO typically include finance and accounting staff.

PERFORMANCE PROFILE:

The CFO is an integral part of the Operating Company’s senior management team, serving as a true business partner and financial counsel to leadership, involving strategic planning, decision making, and implementation, compliance, and reporting to support corporate objectives. The CFO also interfaces proactively with Steel Partners, including regular interaction with its leadership team.

Specifically, the CFO will:

• Build a data-driven culture fostering profitable growth and improved decision making.
• Actively seek out and partner with all levels of the business to increase overall financial acumen.
• Ensure accurate and timely submission of segment financial reporting and forecasting to Steel Partners, providing insight and sound financial analysis for senior management.
• Identify new profit opportunities within the existing business.
• Support expansion efforts in existing and new markets through organic growth and a robust acquisition strategy, including participating in pre-acquisition discussions, directing due diligence, valuation, and post-acquisition integration.
• Maintain financial integrity in accordance with GAAP and Sarbanes-Oxley controls.
• Ensure the profitability of the business.
• Hold full accountability for the integrity of the segment operating companies (OpCo) and their financial statements, forecasting business activity and financial position as required.
• Support Steel Partners in ensuring corporate financial policies, procedures, and controls are effectively implemented and maintained.
• Manage and develop the financial and clerical accounting functions.

Performance Objectives:

First Year Performance Objectives

Position Profile

Business Partnership – Strategic Planning

• Proactive partner to sales, operations, and other functions in decision making, including investments and M&A.
• Support annual Strategy Deployment Process (SDP) and general business planning at segment and OpCo levels by recommending objectives that promote financial growth and stability.
• Advise on trends and regulations in the financial and manufacturing industries to ensure compliance and effectiveness.
• Participate with the President in developing overall strategic plans for the business as a key leader in the SDP.

Business Performance & Analysis

• Drive the Steel Partners Business System throughout Segment Finance using tools such as Lean and 80/20.
• Develop and recommend strategies to improve profitability.
• Ensure compliance with Steel Partners’ policies, procedures, controls, and reporting systems.
• Maintain or implement improved internal reporting and information systems to support decision-making, including budgets, financial reporting, forecasting, and analysis.
• Provide strong analysis and communication to Steel Partners management on financial matters.
• Benchmark financial performance internally and externally, comparing against plans, and advise on strategies to resolve issues.
• Evaluate acquisitions, conduct financial valuations, due diligence, and communicate effectively with management during merger or acquisition processes.
• Provide routine forecasts to monitor key business drivers and variances, advising on necessary actions.

Finance Function Effectiveness

• Focus on cost efficiency, compliance, reporting, planning, and analysis.
• Develop and maintain accurate financial statements.
• Ensure adequate financial controls and Sarbanes-Oxley compliance.
• Maintain controls over assets, including working capital, fixed assets, and budgets.
• Provide efficient accounting systems covering general ledger, cost accounting, credit, collections, and payables.
• Collaborate with the President and Steel Partners’ management to develop reporting and control systems to resolve operational issues.

People & Organization

• Foster a culture of continuous improvement.
• Build a best-in-class finance team, recruiting new talent as needed.
• Manage and support global finance resources within a matrix structure.
• Develop finance teams to meet changing needs, ensuring performance reviews, retention, and advancement.
• Oversee the finance and accounting department’s operations and organizational structure.
• Develop high-performance teams skilled in lean accounting, operational accounting, and FP&A.

CANDIDATE REQUIREMENTS:

Education:

• Bachelor’s degree in Accounting or Finance is required; MBA preferred.
• CPA/CMA is a plus but not required.

Professional & Personal Characteristics:

• 15+ years of Finance/Controller experience, including 5+ years as a finance leader for a stand-alone operating company or division in a public or private equity setting.
• Experience with multiple manufacturing locations (domestic and international), multi-site operations, complex business, and tax/legal structures.
• Proven ability to partner with senior operations and P&L leadership to drive financial performance in manufacturing.
• Strong command of financial planning & analysis, accounting, and operational finance, including lean principles.
• Hands-on experience in a stand-alone operating company or division of a major global firm.
• Exceptional leadership, influencing, collaboration, communication, and conflict management skills.
• Strong process orientation with a track record of improving finance operations and efficiency.
• Traits include being tough-minded yet a team player, hands-on, with a high sense of urgency and results-driven mindset.
• Confident, humble, and capable of achieving breakthrough performance.
• Autonomous, self-directed, and comfortable in a direct, results-focused environment.
• Transparent communicator with the ability to assess businesses from a general manager’s perspective and set improvement priorities.
• Passionate about building talented organizations, with a proven ability to recruit and develop high performers.
• Effective at managing, motivating, and building high-performing teams, providing coaching and feedback.
• Excellent at communicating across all organizational levels, articulating a compelling vision.
• Knowledge of lean accounting tools such as VSM, Standard Work, Pull Systems, Kanban, SIOP, 5S, SMED, TPM, and process improvement methodologies.
• Familiarity with growth tools like VOC, Sales Funnel, Solution/Value Selling, Value Pricing, and New Product Introduction.
• Ability to demonstrate credibility and leadership within Steel Partners and across the organization, working proactively and creatively towards growth and responsibility.