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). After the successful integration of the two addons, IK Partners sold 2Connect to Rivean Capital in 2022 to support the management team in its new 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 and 2E Cable Assembly In 2023 already. To support this ambition, they are looking for an ambitious, confident and communicative Business Controller who wants to continue their steep learning curve in an internationally operating PE-backed organization.
In this position you report to the Group Controller, have high exposure to the CFO and other Board members, work closely together with the Head of Accounting and Country Finance teams and will be the financial business partner for the NL MT and business.
As the Business Controller, you are responsible for the NL periodic financial reporting (actuals, variance analysis, cashflow), budget and forecasting. Next to that you also manage the business reporting focusing on sales, new business, margin, S&OP and stock metrics. You deep dive into the numbers to really understand why there are variances, what this means for the business and which actions should be taken. You participate In the business reviews with the MT and will be supporting the business with adhoc analysis, business cases and project to support strategic, tactical and operational decision making. To ensure your numbers are solid you do the financial sanity check, together with the Head of Accounting, who you will be the backup for when necessary.
Being the right hand for the Group Controller you support in the group reporting process as well. Together you will continuously improve the reporting structure, templates and tooling, further set up and monitor the Internal Controls and expand the data analytics function using Sumatra & Power BI. Furthermore, you will be actively involved in projects such as new acquisitions and add-ons, from doing market analyses to the (financial) integration and synergy projects.
Two of the strategic pillars that 2Connect is focusing on are optimalisation of margin and optimalisation of stock. Working closely to the Sales Director, New Business Director and Operations Director you will support them with structural and adhoc Insights on those areas. What is the turnover of stock per category/SKU? Which should the minimum and maximum stock be and what does this depend on? How can we optimize the S&OP planning so we are able to act upon variances In demand? What is the impact of a price increase by one of our main suppliers? How can we ensure a solid margin and how should we adjust our own pricing? You will deep dive Into the business and its key drivers and will be able to make a direct impact on the bottom line!
We are looking for a proactive, analytical and ambitious financial who loves to work 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, senior financial."
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 550 full-time employees and operates state-of-the-art research and development facilities, manufacturing sites and warehouses in the Netherlands, Germany and Romania, 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 digitgrowing 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 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.