AFMW - Chief Financial Officer in Ashland, Pennsylvania at Ashland Foundry & Machine Works LLC

DEFINITION

The Chief Financial Officer (CFO) provides strategic financial leadership for the organization and is responsible for overseeing all financial activities, including financial planning, capital management, accounting oversight, risk management, banking relationships, and financial strategy. This position is a key executive leadership role and partners with the Chief Executive Officer and ownership to drive long-term financial performance, growth, and sustainability of the organization. The CFO ensures the integrity of financial information while providing insight and guidance to support strategic business decisions across all operating companies.

SUPERVISION RECEIVED

This position reports directly to Ownership / Chief Executive Officer.

SUPERVISION EXERCISED

This position provides executive oversight of the Controller, Finance Department, and all financial-related functions across all company locations.

ESSENTIAL FUNCTIONS OF THE POSITIONNOTE: An employee assigned to this title shall perform a majority but may not perform all of the duties listed in this job description. Conversely, minor level duties performed on the job may not be listed.

• Provide executive financial leadership for multiple operating companies, including oversight of all accounting, financial planning, reporting, and financial operations.
• Develop and execute the organization’s financial strategy in alignment with business objectives and ownership goals.
• Oversee consolidated financial reporting, budgeting, forecasting, and long-term financial planning.
• Lead capital planning, including evaluation of major equipment purchases, facility investments, and strategic expansion initiatives.
• Manage banking relationships, debt structure, credit facilities, and financing strategies.
• Provide financial analysis and recommendations to support strategic decision-making at the executive and ownership level.
• Oversee cash flow management, working capital optimization, and liquidity planning.
• Direct and ensure accuracy of financial reporting in compliance with GAAP and applicable regulations.
• Oversee internal controls, audit processes, and risk management strategies.
• Partner with operational leadership to evaluate performance, pricing impacts, cost structure, and profitability across all locations.
• Review and approve major financial initiatives, investments, and cost structure changes.
• Lead financial communications with ownership, Board of Directors (if applicable), auditors, lenders, and external stakeholders.
• Oversee tax strategy coordination with external advisors and ensure compliance with all regulatory requirements.
• Provide executive leadership to the Controller and finance team, including organizational structure, performance management, and talent development.
• Drive financial system strategy, including ERP optimization and data integrity across the organization.
• Evaluate mergers, acquisitions, divestitures, and strategic partnerships as applicable.
• Establish financial policies, procedures, and governance frameworks to ensure consistency and control across all entities.
• Support operational leadership in improving profitability, efficiency, and financial performance metrics.

All other duties as assigned

KNOWLEDGE, SKILLS, AND ABILITIES

Deep knowledge of accounting principles, financial reporting, financial planning, and corporate finance.

Strong understanding of manufacturing operations, cost accounting, and multi-location financial management.

Knowledge of capital markets, banking, credit structures, and financing strategies.

Strong strategic thinking and business acumen with ability to translate financial data into actionable business decisions.

Advanced leadership skills with ability to guide senior leaders and influence organizational direction.

Strong analytical, critical thinking, and complex problem-solving abilities.

Ability to evaluate enterprise risk and develop mitigation strategies.

Strong communication and presentation skills, including ability to communicate with ownership, Board members, and external stakeholders.

Proficiency with financial systems, ERP platforms, and advanced financial modeling tools

Ability to lead organizational change and drive cross-functional alignment.

Strong negotiation skills with external financial institutions and partners.

High level of judgment and decision-making capability in complex and high-impact situations.

People with mental or physical disabilities are eligible if they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation cannot be made because it would cause the employer undue hardship, such people may not be eligible.

EDUCATION AND EXPERIENCE

(a) Bachelor’s Degree in Accounting, Finance, or Business Administration required; Master’s Degree preferred; and

(b) Ten (10) to fifteen (15)+ years of progressively responsible financial leadership experience, including Controller or senior finance leadership roles in a manufacturing or multi-location environment; and

(c) CPA required; MBA preferred; and

(d) Demonstrated experience in capital planning, financial strategy, and multi-entity financial oversight; or

(e) Equivalent combination of education, training, and experience.

· Ability to prepare and present financial statements, board-level reports, strategic analysis, and executive presentations.

· Ability to communicate effectively with ownership, executive leadership, auditors, banks, all advisors, and external stakeholders.

· Strong negotiation, facilitation, and executive communication skills.

· Ability to translate complex financial information into clear business insights for non-financial stakeholders.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

• Work is primarily performed in an office or remote environment. The CFO may occasionally visit manufacturing or production facilities, where noise levels may vary depending on the environment. The role requires periodic travel between company locations and external business partners including banks, auditors, and strategic partners.

ACKNOWLEDGEMENTS

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.

Ashland Foundry Holdings Inc. is an Equal Opportunity Employer and does not discriminate based on race, ancestry, color, religion, sex, age, marital status, sexual orientation, national origin, medical condition, disability, veteran status, gender identity, or any other basis protected by law.