Chief Financial Officer (CFO)

Job Description

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.

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.

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

• 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

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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