Chief Financial Officer
The CFO will have responsibility for all accounting, finance, banking, insurance, risk management, IT, and human resource functions. In addition the CFO will have strategic financial long-term business planning responsibilities for the company.
Candidate must be able to satisfactorily perform each of these essential duties/responsibilities listed below.
Partner with leaders on short-term and long-term strategic goals and objectives and provide financial analysis for decision.
Align with, communicate and help drive the operational and financial goals of the company.
Develop and lead continuous improvement plans for systems, training, and development of all personnel.
Support the management team to grow the companys business.
Budgeting & Cash Management
Develop and lead annual budget process and drive accountability of actual cost as compared to budget.
Maintain financial outlook process that will focus on annual financial results compared to original budget.
Develop action plans to keep business on target to meet financial plan.
Oversee cash flow planning and ensure availability of funds as needed by forecasting project, capital, and staff requirements, identifying monetary resources, and developing action.
Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed.
Analyze financial results with respect to profits, trends and contracts.
Monitor and report on financial performance by developing and evaluating Key Performance Indicators on a timely basis to resolve potential issues or make midstream operational.
Provide updates of financial forecasts measuring impact on both profitability and cash.
Ensure symmetry between job estimates, project management system, job cost and general ledger so that project management team can make decisions.
Gain a complete understanding of each business segment/industry of company.
Develop and update billing rates that will cover indirect operations.
Verify funding sources to ensure adequate financing exists for new projects and collaborate with operations to mitigate financial risks.
Oversee and provide guidance with respect to audits, owner or subcontractor claims, or other project related financial issues.
Collaborate with operations team on tax, licensing and compliance issues.
Analyze and provide guidance with respect to insurance and bonding requirements.
Develop and direct the financial policies, procedures, staff.
Oversee the development of tools and systems to provide critical financial and operational information to senior management.
Financial Leadership & Relationships
Standardize and simplify the financial reporting.
Research and implement new business.
Develop financial team and provide financial leadership.
Responsible for developing and implementing annual T. improvement plans.
Oversee Human Resource activities for the company.
Manage project specific tax strategy in line with contract terms and state specific statutes.
Represent the Company externally to owners, trade partners, and financial institutions.
Ensure that effective internal controls are in place, accounting is in accordance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
Bachelors degree in Accounting/Finance.
Ten years plus experience in finance and accounting, MBA or CPA preferred.
Minimum six years experience in construction industry financial management is required.