Chief Financial Officer (CFO) Job at KRB Machinery, Wrightsville, PA

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  • KRB Machinery
  • Wrightsville, PA

Job Description

Location: Wrightsville, PA
Reports to: Chief Executive Officer

KRB Machinery is seeking a Chief Financial Officer (CFO) to serve as a key member of the executive leadership team of our 100% employee-owned company. This role offers the opportunity to shape financial strategy, support sustainable growth, and protect long-term employee-owner value. The CFO will operate across three critical dimensions: Strategic Advisor, Financial Steward, and Enterprise Operator.

Who We Are

KRB Machinery is a 100% employee-owned manufacturing company committed to building World Class equipment that is long-lasting, safe to operate, easy to use, and comes with outstanding support while creating long-term value for our employee-owners. Our culture is built on customer-focus, integrity, respect, safety accountability, continuous improvement, and servant leadership. As a member of our executive team, the CFO will help guide strategic growth, strengthen financial operations, and support the ESOP that underpins our ownership culture.

Responsibilities

Strategic & Executive Leadership

  • Serve as the financial advisor to the CEO, Executive Team, and Board, providing insight on financial performance, forecasts, business and capital strategy, and risk.
  • Support strategic planning, annual operating plans, and long-range financial modeling aligned with ownership and growth objectives.
  • Provide financial leadership on major initiatives including capital investments, financing decisions, acquisitions, divestitures, and strategic partnerships.

ESOP & Governance

  • Ensure financial practices support ESOP sustainability, valuation, repurchase obligation planning, and long-term employee-owner value.
  • Partner with ESOP trustees, valuation firms, legal counsel, and advisors to support annual valuation, transaction readiness, and fiduciary compliance.
  • Support Board governance through clear, timely, and accurate financial reporting and analysis.

Financial Operations & Reporting

  • Oversee accounting, financial reporting, budgeting, forecasting, and consolidation to ensure accuracy, consistency, and timeliness.
  • Develop and maintain financial dashboards, KPIs, and reporting packages that provide actionable insight to leadership.
  • Ensure compliance with GAAP, tax regulations, audit requirements, and internal controls.

Cost Accounting

  • Product costing across the entire lifecycle (design > production > service parts)
  • Standard costing & variance analysis (materials, labor, overhead)
  • BOM & routing cost analysis (engineering changes, build complexity)
  • Inventory & WIP cost tracking (raw materials, assemblies, finished goods, service parts)
  • Make-vs-Buy & purchasing cost analysis (supplier cost evaluation)
  • Warranty, service, and parts profitability analysis
  • Sales, margin, and product-line profitability analysis

Treasury, Risk & Capital Management

  • Lead cash flow planning, liquidity management, and banking relationships.
  • Oversee treasury functions, debt management, and capital structure.
  • Manage enterprise risk including insurance coverage, financial risk, and internal controls.
  • Leads the development of the Enterprise Risk Management framework, supports CEO With Board updates.
  • Manage any international banking activity including export letters of credit and foreign exchange transactions.

Tax, Audit & Compliance

  • Oversee tax planning, compliance, and strategy in partnership with external advisors.
  • Lead external audits and coordinate with tax and audit professionals.
  • Ensure adherence to legal, regulatory, and contractual requirements.

Leadership & Team Development

  • Build, lead, and develop a high-performing finance team with strong technical capability and ownership mindset.
  • Standardize and continuously improve financial systems, processes, and practices.
  • Act as a coach and mentor to operational partners across the organization.

Cross-Functional Partnership

  • Collaborate closely with departmental leaders to support decision-making and continuous improvement.
  • Translate financial data into clear, practical insights for non-financial leaders.
  • Promote financial literacy and ownership thinking across the organization.

Direct Reports and Internal Relationships

  • Direct leadership of the Finance Team
  • Member of the executive team
  • Works collaboratively with departmental leaders

Qualifications

  • 15+ years of progressive financial leadership experience
  • Track record of driving strong financial performance
  • Experience in manufacturing or closely related industries strongly preferred; international banking preferred
  • M&A experience is a plus
  • ESOP experience preferred
  • Demonstrated expertise in strategy, risk management, capital planning, and financial operations
  • Bachelor’s degree in Accounting, Finance, or related field required
  • MBA desirable; CPA preferred
  • Strong leadership, collaboration, and communication skills

Location & Travel

The CFO is fully on-site in Wrightsville, PA . Travel is minimal but may require visits to banking institutions, legal counsel, or occasional off-site meetings. Attendance at key industry and community events may be required.

We will not respond to any inquiries from recruiters or staffing agencies.

Job Tags

Full time

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