Chief Financial Officer

Reports To:

Chief Executive Officer (CEO)

Location:

Chicago, IL / Quincy, IL

Rack Builders Industrial Inc. (RBI) is a leading provider of structural steel industrial racking solutions for warehousing facilities across North America. Founded in 2009, RBI operates two manufacturing facilities, with its primary location in Quincy, IL and corporate leadership in Chicago. Our founding values of ingenuity, quality, integrity and people continue to guide management and employees through the company's continued growth.

RBI is seeking a strategic, hands-on Chief Financial Officer (CFO) to join its executive leadership team at an important stage of the company's growth and evolution. This newly created role will play a central role in strengthening the Company's financial foundation and supporting its continued development as a growing, family office-backed business.

The CFO will have broad responsibility for the company's finance and accounting function and will work closely with the CEO, executive leadership team and the Board.

This position requires regular travel to the company's manufacturing facilities.

• Financial Close, Reporting & GAAP:
  Improve accuracy, and transparency of financial reporting, achieve GAAP compliance and prepare the company for its first financial statement audit, anticipated in March 2027
• Budgeting & Financial Planning:
  Develop and manage the annual operating and Cap Ex budget process and establish long-range financial plans
• Inventory & Manufacturing Finance:
  Strengthen inventory accuracy, controls, costing, and reporting while improving visibility into manufacturing costs, margins and variances
• Financial & Business Analytics:
  Build KPI frameworks and reporting that provide actionable insights into business performance
• Operational Performance &
  
  Collaboration:
  
  Collaborate cross-functionally with executive and operational leaders to improve efficiency, productivity, and margin performance

• Lead all accounting and finance activities and establish a strong foundation of financial discipline, accuracy, and GAAP compliance
• Ensure timely, accurate financial statements and strengthen the monthly close, internal controls and compliance processes
• Manage state regulatory compliance and sales and use tax
• Manage treasury, tax and audit relationships, including lender reporting and compliance with financial covenants
• Lead the company's first financial statement audit and ensure readiness for ongoing audit requirements
• Optimize financial reporting, controls, automation, and integration between financial and operational processes within Microsoft Dynamics 365 Business Central
• Establish cash flow forecasting and improve visibility into working capital and liquidity

• Build and implement the company's first formal annual operating and Cap Ex budget and recurring forecast
• Develop meaningful financial and operational KPIs and reporting
• Provide analysis of revenue, gross margin, operating expenses and EBITDA by product line, location and customer/channel
• Provide financial insight and recommendations to support pricing, operational, and strategic decisions

• Develop, improve and automate inventory controls, valuation, costing, and reporting
• Implement appropriate manufacturing accounting processes, including product costing and manufacturing variance analysis
• Partner with operations and plant leadership to improve inventory accuracy
• Establish reporting around raw materials, work-in-process, finished goods, inventory turns, excess and obsolete inventory, and other relevant inventory metrics