Construction CFO

The Chief Financial Officer (CFO) is responsible for the overall financial leadership and strategic direction of the company. This position oversees financial planning, accounting, cash flow management, budgeting, forecasting, financial reporting, risk management, banking relationships, and long-term financial strategy.

The CFO serves as a key member of the executive leadership team and partners with the President/CEO and other members of management to drive profitability, support business growth, manage financial risk, and ensure the company's financial resources are effectively managed.

The ideal candidate will have strong financial leadership experience, excellent business acumen, and the ability to translate financial information into actionable business recommendations. Construction accounting experience is preferred, with a strong understanding of job costing, WIP reporting, project profitability, retainage, and construction-related financial practices highly valued.

• Serve as the company's senior financial leader and strategic financial advisor to the President/CEO and executive leadership team.
• Develop and execute financial strategies that support the company's short- and long-term objectives.
• Provide financial guidance regarding growth opportunities, expansion, capital expenditures, acquisitions, financing, and other major business decisions.
• Monitor company-wide financial performance and identify trends, risks, opportunities, and areas for improvement.
• Establish financial goals, performance metrics, and key financial indicators.
• Provide executive leadership with timely and accurate financial analysis and recommendations.
• Participate in strategic planning and executive leadership meetings.

• Lead the company's annual budgeting process.
• Develop and maintain short- and long-term financial forecasts.
• Monitor actual financial performance against budgets and forecasts.
• Analyze significant variances and provide recommendations for corrective action.
• Develop financial models to support business planning and decision-making.
• Forecast cash flow, revenue, expenses, profitability, and capital requirements.
• Evaluate the financial impact of proposed projects, contracts, investments, and business opportunities.
• Oversee financial management of construction projects and company operations.
• Monitor project profitability, margins, budgets, and financial performance.
• Review and analyze WIP schedules and project forecasts.
• Monitor job costing, committed costs, estimated costs to complete, and projected gross profit.
• Partner with operations and project management to identify potential cost overruns and margin erosion.
• Review financial implications of change orders, claims, retainage, subcontractor costs, and other project-related matters.
• Establish financial controls and reporting processes that promote accountability at the project level.
• Provide leadership with financial insight regarding backlog, pipeline, and project performance.

• Oversee company-wide cash flow management and liquidity.
• Develop and maintain cash flow forecasts.
• Monitor accounts receivable, accounts payable, working capital, and collections.
• Establish strategies to optimize cash flow and working capital.
• Oversee banking relationships, credit facilities, lines of credit, and financing arrangements.
• Evaluate financing and capital structure options.
• Monitor the company's cash position and ensure adequate liquidity to support operations.

• Develop and maintain strong relationships with banks, bonding companies, sureties, insurance providers, and other financial partners.
• Oversee financial reporting and documentation required for bonding and banking relationships.
• Monitor bonding capacity and financial requirements.
• Provide financial information to sureties, lenders, and other external stakeholders.
• Assist with insurance and risk-management strategies.
• Evaluate and manage financial risks associated with company operations.
• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements.
• Review financial statements and provide meaningful analysis to executive leadership.
• Monitor revenue, gross profit, overhead, EBITDA, cash flow, and other key financial metrics.
• Establish and maintain financial reporting standards and controls.
• Coordinate year-end…