Chief Financial Officer

Description

Distron Corporation is a family-owned electronics contract manufacturer (EMS provider) founded in 1970, now in its

third generation of family leadership. Operating across a 110,000+ sq. ft. campus and three facilities in North

Attleboro, MA, Distron provides SMT/through-hole assembly, box build, electromechanical assembly, system

integration, testing, and fulfillment services to OEMs in the medical, defense, clean tech, lighting, industrial, and

robotics sectors. Distron holds ISO 9001:2015 and ISO 13485 certifications and has recently expanded capacity with a

second production shift and a third facility to support continued growth.

Position Summary

The CFO will serve as a strategic partner to ownership and the executive team, providing the financial leadership

needed to support Distron's continued growth and operational scale-up. This is a hands-on, builder-oriented role delivering real-time visibility into margins, cash, and operational performance who can drive process, systems, and reporting improvements across the finance function, including full utilization of the company's ManEx ERP system. The CFO will lead a finance team elevating that team's capabilities while taking ownership of forecasting, strategic financial planning, banking/lender relationships, and executive-level decision support. This is also a customer-facing role, requiring direct engagement with OEM customers on pricing, contract terms, and program-level financial discussions.

Key Responsibilities

Financial Leadership and Strategy

• Serve as a trusted advisor to the CEO and ownership on financial strategy, capital allocation, and business planning

• Translate growth plans (capacity expansion, added shifts, new facilities) into financial models and funding strategies

• Lead annual budgeting and rolling forecast processes; build a formal FP&A discipline including  visibility, reporting and analytics

• Take ownership of the existing KPI dashboard and reporting framework, extending it to give ownership and operations leaders real-time visibility into gross margin by job/program, labor utilization, on-time delivery cost impact, and working capital

• Implement job/program-level costing and margin analysis appropriate to a contract manufacturing environment (materials, labor, overhead absorption, WIP)

• Develop and maintain cost drivers by job/program to support pricing and quoting decisions with customers

• Serve as the executive owner of the ManEx ERP system from a financial systems standpoint, driving improved utilization of its reporting, costing, and inventory modules. 

Operational and Working Capital Management

• Own cash flow forecasting and working capital management, with particular attention to inventory, WIP, and AR/AP given the capital intensity of contract manufacturing

• Partner with operations and supply chain leadership on inventory strategy, procurement financing, and cost control amid material cost volatility

• Manage banking relationships, credit facilities, and covenant compliance; evaluate financing structures to support capacity growth (equipment financing, lines of credit, etc.)

Team Leadership

• Lead, mentor, and develop Finance team 

• Define clear roles, processes, and controls across the Finance organization as the company scales

• Foster a culture of accountability, continuous improvement, and financial literacy across the broader leadership team

Risk, Compliance and Governance

• Ensure strong internal controls, audit readiness, and compliance with relevant standards given the company's regulated end markets (medical, defense)

• Oversee insurance, tax planning/compliance, and relationships with external auditors, tax advisors, and legal counsel

• Support quality/compliance-adjacent financial requirements tied to ISO 9001:2015 and ISO 13485 certifications where relevant to cost and contract structures

Requirements

Required Qualifications

• 10+ years of progressive finance/accounting leadership experience, including 7+ years in a CFO, VP Finance, or similar senior finance leadership role

• Experience in manufacturing, contract manufacturing, EMS, or a closely related industrial/production environment strongly preferred

• Demonstrated experience building financial infrastructure, reporting, and KPI visibility in a growing or scaling organization

• Strong understanding of manufacturing cost accounting: job costing, standard costs, overhead absorption inventory/WIP valuation

• Experience with ERP systems in a manufacturing environment; direct experience with ManEx is a strong plus

• Experience managing banking relationships, credit facilities, and cash flow in a working-capital-intensive business

• Proven people leader with experience developing and elevating an existing accounting team

• Bachelor's degree in Finance, Accounting, or related field

Preferred Experience

• Experience in a privately held or family-owned business

• Experience with ERP implementation or optimization in a manufacturing setting

• Familiarity with regulated industries (medical device, defense/ITAR) from a financial controls and compliance perspective