Finance Director – Fabrication & Manufacturing

About Loenbro

Loenbro is a trusted, long-term construction lifecycle partner to thousands of customers across the U.S. Our market spans all industries and our service offerings include Critical Electrical, Mechanical & Structural, Soft Crafts, Inspection, Underground Maintenance and Installation, and Fabrication. Our expertise lies in simplifying the complex and establishing long-standing relationships with our partners. We have a national presence but a local approach—every customer benefits from our capabilities and our care.

At Loenbro, we don't just offer jobs—we build careers grounded in integrity, teamwork, excellence, and purpose. Join a team where your expertise is valued, your growth is supported, and your work helps expand the reach of the critical infrastructure that powers communities across the nation.

Job Summary

The Finance Director – Fabrication & Manufacturing is the senior financial business partner to the Senior Vice President of Manufacturing and is responsible for establishing the financial foundation, operating discipline, and decision-support structure required to operate Loenbro Fabrication & Manufacturing (F&M) as a centralized, stand-alone profit and loss business.

A primary initial responsibility will be to work across Manufacturing, Operations, Corporate Finance, Accounting, Project Controls, Estimating, Supply Chain, and other key stakeholders to carve out the current fabrication and manufacturing cost structure from the broader operating businesses. The Director will establish transparent and repeatable methods for revenue recognition, direct and indirect cost assignment, overhead allocation and absorption, intercompany/interdivision charging, facility economics, project and product profitability, forecasting, and management reporting.

This role extends beyond traditional finance and reporting. The Finance Director will be a strategic partner in executing Loenbro's manufacturing transformation and growth strategy, providing financial analysis for capacity expansion, capital deployment, productization, external-market growth, facility rationalization, strategic partnerships, acquisitions, and other investments. The position will create the KPI framework and financial visibility necessary to understand utilization, margin, cash generation, return on invested capital, and the true economics of Loenbro's manufacturing network.

As Loenbro develops additional centralized or new business lines within Operations, this position is expected to have the potential to expand beyond Fabrication & Manufacturing and provide financial leadership, governance, and business-building support for those emerging operations. The successful candidate will therefore combine strong FP&A and accounting fundamentals with operational finance, commercial judgment, manufacturing and project-costing knowledge, capital allocation discipline, and a builder mentality.

Essential Job Responsibilities

Stand-Alone P&L Development & Financial Structure

Partner with the SVP of Manufacturing, Corporate Finance, Accounting, Operations, and other stakeholders to establish Fabrication & Manufacturing as a centralized, stand-alone P&L business.

Lead the financial carve-out and baseline assessment of existing F&M operations, including revenue, direct labor, materials, equipment, facilities, supervision, shared services, and indirect costs.

Establish consistent methodologies for cost allocation, intercompany/interdivision charges, transfer pricing, overhead recovery, shared-service allocations, and treatment of idle capacity and unabsorbed overhead.

Develop cost-center, profit-center, project, facility, customer, and product-level structures that provide clear visibility into performance across the manufacturing network.

Create appropriate financial separation and reporting for internal Loenbro work and external third-party revenue while preserving transparency into enterprise value creation.

Partner with Accounting to ensure the F&M financial model complies with corporate policies, internal controls, revenue-recognition requirements, and period-close standards.

Build a scalable financial structure capable of supporting future facilities, products, acquisitions, and new operating business lines.

Financial Planning, Analysis & Forecasting

Own budgeting, forecasting, long-range planning, and financial analysis for Fabrication & Manufacturing.

Develop integrated financial models linking backlog, probability-weighted pipeline, shop loading, labor requirements, facility capacity, revenue, margin, overhead absorption, cash flow, and capital needs.

Implement rolling forecasts and scenario models that allow leadership to anticipate underutilization, capacity constraints, margin risk, and investment requirements.

Provide timely variance analysis and executive-level insights explaining performance versus budget, forecast, estimate, and strategic plan.

Develop business cases for new products, customers, markets, facilities, technologies, and manufacturing initiatives.

Support multi-year strategic planning and quantify the financial implications of Loenbro's transition from project-specific fabrication toward scalable manufacturing.

Cost Transparency & Operational Finance

Establish a clear understanding of the true cost to operate each fabrication and manufacturing facility and major production capability.

Develop standardized costing methodologies across mechanical/pipe fabrication, electrical prefab, modular assembly, and future manufactured product lines.

Provide visibility into labor productivity, burden rates, material performance, equipment costs, freight and logistics, facility costs, rework, scrap, quality costs, and other major cost drivers.

Partner with Operations and Project Controls to improve project-level cost forecasting, estimate-at-completion accuracy, change management, and margin protection.

Create estimate-to-actual feedback loops that improve future estimating, pricing, production planning, and execution.

Identify margin leakage, structural inefficiencies, underutilized assets, and opportunities to improve cost competitiveness across the network.

Support make-versus-buy, internal-versus-external sourcing, hub-versus-spoke allocation, and capacity decisions using fact-based financial analysis.

KPI Development & Performance Management

Develop and maintain an integrated F&M scorecard combining financial and operational KPIs that support accountability and timely decision-making.

Establish measures for revenue, gross margin, EBITDA contribution, backlog, pipeline conversion, facility utilization, labor utilization, shop loading, direct versus indirect labor, productivity, overhead absorption, and unabsorbed overhead.

Track revenue and margin per direct labor hour, estimate versus actual performance, project margin erosion, material variance, rework/cost of poor quality, working capital, cash conversion, and return on invested capital.

Develop visibility into internal versus external revenue mix, customer and market concentration, product/program profitability, facility economics, and capital productivity.

Lead recurring financial and business-performance reviews with F&M leadership and provide concise actions, trends, risks, and opportunities rather than historical reporting alone.

Ensure KPI definitions and data sources are standardized across facilities so performance can be compared consistently across the enterprise network.

Capital Planning & Investment Analysis

Lead financial analysis and business-case development for capital expenditures across the F&M network.

Establish consistent CAPEX evaluation criteria including ROI, payback, NPV, capacity impact, labor savings, margin improvement, strategic value, and execution risk.

Evaluate investments in facilities, automation, equipmen