Director, Corporate Development

Cornerstone Building Brands, headquartered in Cary, North Carolina, is the largest manufacturer of external building products in North America with over $6 billion in annual revenue and an expansive North American footprint that includes almost 20,000 employees, operating in +100 manufacturing facilities, supported by a network of +80 distribution and branch office facilities. We have a broad product offering with a well-regarded brand portfolio including the #1 position in windows, vinyl siding, metal accessories, metal roofing and wall systems, and insulated metal panels. We believe every building we create, and every part of that building, positively contributes to communities where people live, work and play.

SCOPE OF ROLE:

As the Director of Corporate Development, this individual will work directly with key members of leadership within Cornerstone Building Brands including Business Unit and Functional Leaders (in conjunction with the rest of the Strategy & Business Development team) on key strategic projects from initial design and planning through execution. This individual will report to the Vice President, Corporate Development with responsibility in managing all aspects of Corporate Development execution activities. This includes M&A pipeline development, functional and business diligence, valuation modeling, transaction negotiations and integration planning/support. Additionally, this role will support Strategy Development and Implementation and Board-level content preparation. The individual in this role must excel in the Board-room setting, have exceptional Excel & PowerPoint capabilities, strong financial modeling skills, and be capable of handling multiple complex projects simultaneously while coordinating with internal and external resources.  This role works within a cross-functional matrixed environment which requires leading by influence to accomplish organization-wide goals.

KEY OBJECTIVES AND RESPONSIBILITIES:

• Lead and oversee all elements of the corporate development process (acquisitions, partnerships, ventures and divestitures), including target identification, target cultivation, strategic rationale, valuation, due diligence, negotiations, deal strategy contract management, and integration.
• Develop and deliver communication materials for executive leadership, and board of director reviews. Present to executive leadership on corporate development items, including acquisition pipeline activity, potential dispositions, potential targets, diligence updates, and recommended actions
• Develop and actively manage strategic acquisition funnels and pipelines at the business unit and enterprise level
• Manage investment banker, private equity, venture capital, and other relationships
• Develop and maintain relationships with financial, tax and legal advisors
• Maintain awareness of market activity and develop external perspectives on competitors, market attractiveness, and target positioning assessment
• Define optimal combination or disposition process to achieve the strategic goals of a transaction
• Build complex valuation models to evaluate mergers, acquisitions, divestitures, and partnerships
• Evaluate tax, accounting, earnings, and return implications
• Lead deal negotiations, working with legal partners to draft and negotiate contracts and closing documents
• Manage regulatory filings and approvals process, develop transition services agreements, post-closing adjustments, and internal and external communications
• Manage deal execution process and synthesize input on opportunities and risks
• Develop and communicate robust transition work plans and ensure seamless transition / integration

PEOPLE & CULTURE LEADERSHIP:

• Provides leadership, coaching and support to a team of direct reports
• Acts as a catalyst for aligning teams around core strategies and priorities
• Provides coaching, feedback, and performance management to promote culture of high standards and performance
• Fosters a culture, including ways of working and behaviors, which is congruent with our mission, values, and Behaviors & Mindsets
• Serves as a role model and champion for employee engagement and retention efforts

EDUCATION AND WORK EXPERIENCE REQUIREMENTS:

• Bachelor’s degree required (preferably in the areas of Business or Operations concentration, i.e., Finance, Engineering, Economics, etc.). MBA strongly preferred,
• 7+ years of M&A transaction experience (Corporate Development, Investment Banking, Private Equity, or Transaction Advisory consulting), including leading cross-functional teams during M&A process
• Proven experience in deal execution, capable of supporting acquisition, joint venture and divestiture opportunities from idea through to successful close
• Proven experience in developing financial models, performing valuation analysis, and developing forecasting models. Exceptional PowerPoint creation skills a must
• Proven ability to provide effective leadership and influence in a matrixed, cross-functional environment.
• Proven experience in transaction project management and due diligence activities
• Proven experience in transaction structuring and negotiation
• Experience in industrials, manufacturing, and/or building products preferable

CRITICAL COMPETENCIES:

• Cornerstone Building Brands (CBB) Values and Behaviors & Mindsets – Acts consistently with CBB’s Values (Safety, Integrity, & Inclusion) and Behaviors & Mindsets (Customer-Centricity, Interconnectedness, Continuous Improvement)
• Enterprise perspective, with the mindset of an owner of the portfolio of opportunity to be created – “knows how to fly at the right level”
• Quick and flexible thinker with a focus on execution, gathering and synthesizing complex data and differing viewpoints, and creating actionable takeaways. 
• Strong financial acumen and proven experience in financial model development and assessment
• Comfortable working both in the Board Room and in the business to act upon opportunities and manage objectives to completion.
• Skilled in writing and presenting to executive management
• Strong organizational skills and ability to manage multiple projects and deadlines simultaneously
• You make high-quality decisions, even when based on incomplete information or in the face of uncertainty
• Maintains in-depth knowledge of client business and competitive landscape.

All your information will be kept confidential according to EEO guidelines.

Why work for Cornerstone Building Brands? 

Our teams are at the heart of our purpose to positively contribute to the communities where we live, work and play. Full-time* team members receive** medical, dental and vision benefits starting day 1. Other benefits include PTO, paid holidays, FSA, life insurance, LTD, STD, 401k, EAP, discount programs, tuition reimbursement, training, and professional development. 

*Full-time is defined as regularly working 30+ hours per week. **Union programs may vary depending on the collective bargaining agreement.

Cornerstone Building Brands is an Equal Opportunity Employer. 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, or status as a protected veteran. You can find the Equal Employment Opportunity Poster here. You can also view Your Right to Work Poster here along with This Organizations Participation in E-Verify Poster here. If you'd like to view a copy of the company's affirmative action plan for protected veterans or individuals with disabilities or policy statement, please contact Human Resources at 281-897-7788 or [email protected]. If you have a disability and you believe that you need a reasonable accommodation in order to search for a job opening or to submit an online application, please contact Human Resources at 281-897-7788 or [email protected]. This email is used exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only emails received for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.

All your information will be kept confidential according to EEO guidelines.

California Consumer Privacy Act (CCPA) of 2018

Must be at least 18 years of age to apply.

Notice of Recruitment Fraud

We have been made aware of multiple scams whereby unauthorized individuals are using Cornerstone Building Brand's name and logo to solicit potential job-seekers for employment. In some cases, job-seekers are being contacted directly, both by phone and e-mail. In other instances, these unauthorized individuals are placing advertisements for fake positions with both legitimate websites and fabricated ones. These individuals are typically promising high-paying jobs with the requirement that the job-seeker send money to pay for things such as visa applications or processing fees. Please be advised that Cornerstone Building Brands will never ask potential job-seekers for any sort of advance payment or bank account information as part of the recruiting or hiring process.