Senior Controller - 2Connect
Over the last few years 2Connect tripled in size.. Driven by continued secured positions at high-growth customers, an enhanced commercial organization and the acquisitions of Wtec (2020) and Büschel Connecting Systems (2021). After the successful integration of the two add-ons, IK Partners sold 2Connect to Rivean Capital in 2022 to support the management team in its new international growth phase. They have the joint ambition to double to triple in size in the coming years, both through organic growth as well as through a strategic international buy & build, having acquired 2E Interconnection (NL), 2E Cable Assembly (NL) and Components Express inc. (US) in 2023 already. To support this ambition, they are looking for an ambitious, confident and communicative Senior Controller who wants support this strong growth in an internationally operating PE-backed organization.
In this position you report directly to the CFO and will act as his right hand and sparring partner. You will work closely together with the other Senior Controller, the Accounting Manager and the country finance teams who you support, steer and coach. You will have high exposure to other Board members, the Shareholder and will be the financial business partner for the international business.
Together with your colleague, you are responsible for managing the management reporting on Group level, including the international entities in Romania, Germany, the US and new add-ons. As the company is growing rapidly, you continuously review and redefine the group financial processes. Improving the reporting structures, templates and tooling, further set up and monitoring of the Internal Controls and expanding the data analytics function using Lucanet for financial consolidation & Power BI. While the local finance teams are responsible for their finance / business controlling activities, you steer them in the right direction and challenge them on business performance. Working closely with the country leadership teams you have an in-depth insight into the opportunities, risk and challenges they are facing and can translate this into what this means for the future strategy of 2Connect on group level. You not only manage the group management reporting to the board and shareholders including commentary, but are also able to elaborate and share your vision in the performance reviews.
Good to know
In this international growth phase you will encounter a lot of (adhoc) request, projects and processes which makes the position very dynamic and your learning curve extremely high. Working side by side with the CFO, you will be actively involved in projects such as new acquisitions, (financial) integration and synergy projects, doing market and competitor analysis, supporting the commercial teams with client analysis and pricing, support investment decisions and working scenario's supporting two strategic pillars that 2Connect is focusing on: optimalisation of margin and optimalisation of stock.
Who are you?
We are looking for a proactive, strong financial who is used to working in a fast growing, international and equity backed business. You have a strong finance background, an entrepreneurial mindset, a business minded approach and you drive continuous improvement.
“2Connect is a very dynamic mid-market company with a horizontal organizational structure and short lines of contact. We are all team players, we coach each other on the job and drive continuous improvement. We are getting things done! With this positive mindset, we already established impressive growth over the last few years and with welcoming you to the team, we are assured that we will achieve even more success in the future. You will get to know every part of our business and have exposure to a broad spectrum of finance topics. From Sales and Operations to M&A and major investment decisions. With the growth continuing at an astonishing pace there Is a lot of room to grow with the company and develop yourself as a well-rounded C-level financial. ”
- Master degree in Finance, Economics or Accountancy, Controlling, post-Master (RA, RC, ACCA, CMA) is considered a plus
- 8-15 years' of progressive experience in Audit, Advisory and/or Controlling; preferably in a PE owned international matrix organization and/or within the BIG4
- Strong knowledge of Excel, affinity with ERP systems (Exact Globe) and reporting systems (Lucanet, PowerBI)
- Solid technical finance background; able to understand the core financial processes and do the financial sanity check
- High energy level, a strong analytical skillset combined with a hands-on mentality: pragmatic and action-oriented
- Ability to influence at all levels (fluent in English and preferably Dutch), build bridges and valuable relationships
- Experience working in a multinational environment, interacting with geographically dispersed and culturally diverse stakeholders
- Structured way of working; plan, do, act, check. Able to handle conflicting priorities, manage projects from A to Z and able to set clear expectations and follow through
- Elgible to work in the Netherlands without (knowledge migrant) work permit
2Connect is a fast-growing designer, developer and assembler of innovative, customized interconnection solutions for customers in high-growth end markets, including off highway, semiconductor equipment, machine building and medical. Headquartered in Waalwijk, the Netherlands, 2Connect employs more than 800 full-time employees and operates state-of-the-art research and development facilities, manufacturing sites and warehouses in the Netherlands, Germany, Romania and the US, as well as a hub In Hong Kong.
The last few years, In partnership with IK Partner’s, 2Connect tripled in size, driven by continued secured positions at high-growth customers, an enhanced commercial organization and the acquisitions of Wtec (2020) and Büschel Connecting Systems (2021). Following the succession of the founder as Chief Executive Officer and a successful integration of the two add-ons, IK Partners sold 2Connect to Rivean Capital In 2022 to support the management team in its new growth phase.
In the coming years, 2Connect is set to benefit from its leading position in attractive, double digit-growing end markets, supported by global trends like increasing data transmission and miniaturization. The Company benefits from decade-long relationships with globally leading OEMs, to whom it is able to offer both a high degree of customer intimacy and market-leading products as a result of local sales and R&D hubs, which are supported by cost-effective series production in 2Connect’s Romanian facilities. As one of the largest players in the fragmented western European market, 2Connect is a logical consolidation platform, which should offer opportunities for accelerated growth.
“We look forward to continue our track record of double-digit growth with Rivean, who have shown an in-depth understanding of our industry and business model, where we can leverage their experience with international expansion strategies, both organic and M&A-driven.“
Mark van den Heuvel - CEO
2Connect and Rivean have the joint ambition to double to triple in size in the coming years. Both through organic growth in existing and new markets and expanding the production capacity, as well as through a strategic international buy & build. They have already acquired 2E Interconnection and 2E Cable Assembly In the Netherlands and Components Express inc. in the US In 2023, with (many) more to follow.
The phase the company is in offers a challenging, dynamic and inspiring work environment. Far from having corporates structures, 2Connect truly believes that people perform best in a flat organizational culture, where the lines are short and everybody takes ownership. The door of every office is open, encouraging everybody to discuss matters, take initiative and ask questions. Without losing the entrepreneurial and family like culture, all colleagues take pride In getting 2Connect to the next level.
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