Chief Financial Officer (CFO)
KRB Machinery Company
Location & Reporting
Location: Wrightsville, PA
Reports to: Chief Executive Officer
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.
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