Vice President Finance

Reports To:

Chief Executive Officer (CEO) Role Overview

Fenco Solutions is seeking a hands-on, manufacturing-focused finance leader to serve as Vice President of Finance. This role is designed for an operator with deep expertise in manufacturing cost accounting and management accounting, not a purely corporate FP&A executive.

The core responsibility is to build and sustain accurate cost accounting systems, disciplined inventory controls, and operationally actionable reporting across the manufacturing environment. While this role includes full VP Finance / CFO responsibilities, success is defined by cost integrity, variance transparency, and direct support of plant-level decision-making.

This role is well-suited for a high-performing Plant Controller or manufacturing finance leader ready to step into enterprise-wide responsibility

• Maintain accurate, current, and consistent standard costing structure
• Ensure inventory valuation and cost flow are correct auditable
• Reliable BOMs, routings, labor standards, and overhead structures

• Clear monthly (and ideally weekly) reporting that explains the following:
• Purchase price and labor efficiency variance
• Material usage and scrap variance
• Over/under-absorption
• Production mix and volume impacts
• Variances would need to translate into specific operational actions, not just reports

• Support ERP and related workflows to reinforce cost integrity
• Develop strong linkage between finance and manufacturing master data
• Establish ownership and control of system inputs (who owns what, and how it’s maintained)

• Develop clear accountability and expectations across plant finance and cost accounting roles
• Create a predictable fast and clean month end close process
• Avoid bureaucracy through development of effective internal controls

• Own and continuously improve the company’s manufacturing cost accounting framework
• Lead standard cost setting and annual cost roll processes
• Maintain accurate inventory valuation practices, including WIP
• Ensure accuracy of cost drivers (BOMs, routings, labor rates, overhead application)
• Build and drive variance reporting that creates utilization for operation leaders
• Establish disciplined cycle counting, inventory control, and reconciliation practices
• Identify cost reduction opportunities through true cost transparency

• Deliver clear, actionable monthly reporting by:
• Plant
• Product family and category
• Customer and channel
• Improve project costing accuracy
• Provide operational dashboards that connect financial results to manufacturing reality
• Improve margin accuracy and confidence across the business

• Lead monthly close, financial statements, cash management, and forecasting
• Maintain banking relationships and support funding needs
• Support manufacturing driven budgeting with a reality-based approach
• Manage audit and tax coordination with external partners
• Ensure appropriate financial controls and compliance practices

• Provide ROI analysis for capital expenditures, equipment, automation, and plant investments
• Evaluate major pricing and quoting decisions with accurate sound margin
• Support long-term planning and scenario modeling as needed

To ensure alignment, this role is not a fit for candidates whose background or preferences are primarily:

• M&A deal-making as a core value proposition
• Corporate FP&A leadership removed from plant operations
• Managing exclusively through analysts, dashboards, or consultants
• Avoiding direct challenges to inventory accuracy, routing logic, or scrap assumptions
• Preferring polished systems over fixing messy, real-world costing environments

• Hands-on manufacturing cost accounting experience
• Hands-on experience building or fixing the following:
• Standard costing systems
• Variance analysis discipline
• Inventory accuracy and controls
• Cost roll logic, labor standards, and overhead application
• Experience in one or more of the following…