Finance Director – Fabrication & Manufacturing

Loenbro•Dallas, TX

About The Position

The Finance Director – Fabrication & Manufacturing is the senior financial business partner to the Senior Vice President of Manufacturing. The role establishes the financial foundation, operating discipline, and decision-support structure for Loenbro Fabrication & Manufacturing (F&M) as a centralized, stand-alone profit-and-loss business. Initial work includes carving out F&M’s current cost structure from broader operating businesses and establishing repeatable methods for revenue recognition, cost assignment, overhead allocation and absorption, intercompany charging, facility economics, profitability, forecasting, and reporting. The Director partners across manufacturing, operations, corporate finance, accounting, project controls, estimating, supply chain, and other functions. The role provides financial analysis for capacity expansion, capital deployment, productization, external-market growth, facility rationalization, partnerships, acquisitions, and other investments. It develops KPIs and financial visibility into utilization, margins, cash generation, return on invested capital, and the economics of the manufacturing network. The position may expand to provide financial leadership, governance, and business-building support for additional centralized or emerging Operations business lines. The successful candidate combines FP&A and accounting fundamentals with operational finance, commercial judgment, manufacturing and project-costing knowledge, capital-allocation discipline, and a builder mentality. The role includes extensive cross-functional collaboration and approximately 20–30% travel to manufacturing facilities and operating locations, with potential visits to industrial job sites and shop floors. Work combines office/remote work with regular travel. The role requires compliance with applicable safety regulations, PPE requirements, and Loenbro EH&S policies.

Requirements

10+ years of progressive experience in finance, FP&A, operational finance, project controls, accounting, or related business-finance leadership roles.
Demonstrated experience supporting manufacturing, fabrication, construction, industrial services, EPC, or another project-based operating environment.
Experience establishing, managing, or materially supporting business-unit P&Ls and developing cost structures in complex operating environments.
Strong understanding of job costing, manufacturing costing, overhead allocation and absorption, utilization, burden rates, margin analysis, and project financial controls.
Demonstrated capability in budgeting, rolling forecasts, long-range planning, scenario analysis, and executive financial modeling.
Experience developing CAPEX business cases and evaluating ROI, payback, NPV, and investment tradeoffs.
Strong commercial and analytical judgment, with the ability to connect operating decisions to margin, cash flow, capital efficiency, and enterprise value.
Experience with ERP, project-controls, business-intelligence, and financial-reporting systems; advanced spreadsheet and financial-modeling capability.
Ability to work effectively in an evolving environment where processes, systems, reporting structures, and organizational boundaries are being established and standardized.
Strong executive communication, cross-functional leadership, and stakeholder-management skills.
Ability and willingness to travel to Loenbro manufacturing and operating locations as required.
Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
Ability to understand how work is estimated, sold, engineered, procured, fabricated, manufactured, shipped, and installed, and to translate those operating realities into financial structures.
Willingness to build new structures, establish financial disciplines across facilities, challenge legacy cost assumptions, and partner with operational leaders to improve margin, utilization, cash generation, and return on capital.

Nice To Haves

MBA, CPA, CMA, or other relevant advanced degree or professional credential.
M&A, quality-of-earnings, due-diligence, valuation, acquisition integration, or corporate-development experience.
Experience in private-equity-backed, high-growth, or transformation environments.
Experience building finance capabilities for a new business unit, carve-out, centralized shared operation, or stand-alone P&L.
Knowledge of fabrication, modular construction, electrical prefab, manufacturing operations, shop loading, inventory, supply chain, and capacity planning.
Experience with product costing, standard costing, configure-to-order or engineer-to-order manufacturing, and product-line profitability.
Experience developing executive dashboards and operational-finance KPI frameworks using business-intelligence tools.
Experience supporting multi-site operations, facility rationalization, greenfield expansion, or manufacturing-network optimization.

Responsibilities

Establish Fabrication & Manufacturing as a centralized, stand-alone P&L business in partnership with the SVP of Manufacturing and cross-functional stakeholders.
Lead the financial carve-out and baseline assessment of F&M revenue, labor, materials, equipment, facilities, supervision, shared services, and indirect costs.
Establish methodologies for cost allocation, intercompany and interdivision charges, transfer pricing, overhead recovery, shared-service allocations, and idle capacity and unabsorbed overhead.
Develop cost-center, profit-center, project, facility, customer, and product-level structures for performance visibility.
Create financial separation and reporting for internal Loenbro work and external third-party revenue while maintaining visibility into enterprise value creation.
Partner with Accounting to ensure compliance with corporate policies, internal controls, revenue-recognition requirements, and period-close standards.
Build a scalable financial structure for future facilities, products, acquisitions, and operating business lines.
Own budgeting, forecasting, long-range planning, and financial analysis for F&M.
Develop integrated financial models connecting backlog, pipeline, shop loading, labor needs, capacity, revenue, margin, overhead absorption, cash flow, and capital needs.
Implement rolling forecasts and scenario models; provide variance analysis and executive insights on performance, risks, and opportunities.
Develop business cases for products, customers, markets, facilities, technologies, and manufacturing initiatives, and quantify multi-year strategic plans.
Establish facility cost visibility and standardized costing for fabrication and manufacturing capabilities.
Analyze labor productivity, burden rates, materials, equipment, freight, facility costs, rework, scrap, quality costs, and other cost drivers.
Partner with Operations and Project Controls to improve project forecasting, estimate-at-completion accuracy, change management, and margin protection.
Create estimate-to-actual feedback loops to improve estimating, pricing, production planning, and execution.
Identify margin leakage, inefficiencies, underutilized assets, and cost-competitiveness opportunities; analyze make-versus-buy, sourcing, hub-versus-spoke, and capacity decisions.
Develop an integrated F&M financial and operational KPI scorecard and standardize KPI definitions and data sources across facilities.
Track financial and operating measures including revenue, margins, EBITDA contribution, backlog, pipeline conversion, utilization, productivity, overhead absorption, cash conversion, and return on invested capital.
Lead recurring business-performance reviews, presenting trends, risks, opportunities, and recommended actions.
Lead CAPEX business-case analysis and establish evaluation criteria including ROI, payback, NPV, capacity impact, labor savings, margin improvement, strategic value, and execution risk.
Evaluate investments in facilities, automation, equipment, technology, tooling, material handling, testing capabilities, and manufacturing systems; support expansion, consolidation, rationalization, greenfield, and capacity decisions.
Conduct post-investment reviews and help prioritize capital across growth, productivity, maintenance, and strategic needs.
Partner with Manufacturing leadership, Corporate Development, executives, and ownership to assess acquisitions, including financial performance, quality of earnings, backlog, customer concentration, margins, assets, working capital, CAPEX, capacity, and growth potential.
Develop acquisition valuation models, investment cases, return scenarios, sensitivity analyses, and downside cases; support due diligence, transaction planning, integration, and post-close performance tracking.
Evaluate partnerships, joint ventures, licensing, alliances, and other inorganic growth opportunities.
Partner with Business Development, Estimating, Operations, and Manufacturing leadership on pricing and commercial decisions, bids, customer programs, agreements, and manufacturing commitments.
Develop internal transfer-pricing and external-pricing frameworks, product-level cost models, target margins, pricing frameworks, investment cases, and volume and breakeven analyses.
Support growth in strategic markets and evaluate the economics of standardized mechanical, electrical, skid, modular, and integrated M&E solutions.
Establish financial hurdle rates and criteria for products, markets, facilities, customers, and strategic initiatives.
Partner with Operations, IT, Project Controls, Supply Chain, and Corporate Finance on systems and data architecture, ERP/MRP, project controls, shop loading, forecasting, inventory, procurement, and reporting capabilities.
Establish common financial master data, coding structures, definitions, and reporting standards; automate dashboards, forecasting, reporting, and recurring analysis where practical.
Provide reliable decision-oriented information and establish clear ownership of source data and financial controls.
Advise the SVP of Manufacturing and F&M leadership, translate financial results into operational and strategic actions, and constructively challenge assumptions.
Build financial acumen and ownership among operational leaders; develop and lead finance, FP&A, project-controls, or analytical resources as the business scales.
Maintain alignment with Corporate Finance while providing responsive business-partner support.
Support financial frameworks and stand-alone P&Ls for additional centralized or emerging Operations business lines, including cost structure, reporting, KPI governance, forecasting, capital planning, and performance management.
Support incubation, commercialization, acquisition, and integration of new service lines and operating platforms, helping build scalable Operations finance capabilities.