Group Chief Financial Officer

Experienced business-oriented financial leader to join our Executive Team

Group CFO – Ovako

Ovako is a European leader in high-tech steel solutions for the bearing, transport, and manufacturing industries. Our products help customers build smarter, more energy-efficient, and environmentally friendly solutions. With a heritage rooted in Nordic steel-making excellence – and backed by Nippon Steel, one of the world's largest steel producers – Ovako is uniquely positioned for continued growth. Our sustainability efforts are industry-leading, with CO₂ emissions reduced by 57% since 2015.

Despite a challenging market environment, Ovako has remained profitable and operationally strong. We are now preparing for the next phase – scaling our business through commercial focus, operational excellence, and sound financial leadership.

To help lead this journey, we are looking for an experienced and business-oriented financial leader to join our Executive Team as Group CFO.

About the Role

As Group CFO, you will take overall responsibility for Ovako's financial direction and performance. You will lead a finance organization of approximately 20 professionals, structured across Business Control, Financial Control, Treasury, and Shared Services. Reporting to the CEO and as a member of the Group Management Team, you will play a central role in shaping strategy, enabling performance, and strengthening the link between finance and business operations.

Key priorities:

Provide strategic and operational recommendations based on financial analysis to support the company's growth and profitability Strengthen performance management and profitability focus across the organization Drive fact-based collaboration between finance and the business units to exceed business plan targets Actively contribute to the Group Management Team and lead the company from a group-wide perspective

Main Responsibilities

You will lead and develop all aspects of Ovako's finance function – including financial control, reporting, budgeting, treasury, and risk management – ensuring accuracy, compliance, and a scalable financial infrastructure. You will manage the company's capital structure and external stakeholder relationships, and take ownership of group-wide financial governance. In addition, you will lead strategic financial initiatives and provide the Executive Team with the insights needed to make well-informed decisions.

What You Bring

You are an experienced finance leader with a strong business orientation and a proactive mindset. You combine a structured, analytical approach with a firm understanding of operational realities. You are used to acting at both strategic and operational levels and have the ability to translate complex financials into clear business insights. You are a confident communicator and collaborative partner, known for your credibility and clarity.

Required Experience

Academic degree in business, finance, engineering or similar Proven finance leadership in a manufacturing or production-based company with a global market presence Experience from companies with multiple business units or product segments – understands business complexity Has served as head of finance in a business unit or company with turnover exceeding SEK 2-5 billion Deep knowledge of Swedish/Nordic financial governance, compliance and tax structures Strong track record of providing financial leadership in an executive management team Experience managing external reporting, audits and stakeholder communication at group or business unit level Demonstrated ability to lead through change, including business transformations or operational improvement initiatives

Meriting Experience

Experience interacting with global finance teams and international stakeholders Exposure to private equity ownership or other demanding ownership structures Background in both corporate and business-unit finance roles

Fluency in Swedish and English is required. Finnish language skills are a plus.

Why Join Ovako?

At Ovako, you'll be part of a close-knit, mission-driven executive team. We take pride in our industry, our sustainability achievements, and our strong local roots. This is a unique opportunity to lead a focused, high-impact finance function in a complex international business – and to shape the future of a company that combines Nordic heritage with global potential.

If you are ready to take the next step in your finance career and contribute to Ovako's continued success, we look forward to hearing from you. Please submit your application no later than September 1st, HERE
We are collaborating with Navigio in this recruitment process and review applications on rolling basis – we encourage you to apply as soon as possible.