Vice President, Operations Accounting - Capital Companies

Vice President, Operations Accounting – Capital Companies

The VP of Operations Accounting is a key financial leader responsible for directing all accounting, financial reporting, and analysis activities for a large construction and materials supply division within a multi-entity holding company. This role provides critical financial insight to support strategic and operational decision‑making and ensures the accuracy, integrity, and compliance of all division financial data. The VP of Operations Accounting serves as a strategic partner to the Division COO and operational leadership team, enabling strong financial discipline across bidding, production, inventory management, equipment utilization, job cost performance, and margin protection.

The role also collaborates closely with the Holding Company CFO and Corporate Finance Team to support consolidated reporting, forecasting, and long‑range financial planning.

• Serve as the primary financial advisor to the Division COO and leadership team.
• Partner with the Holding Company CFO to align division performance with corporate standards.
• Support strategic planning, forecasting, annual budgeting, and capital planning processes.
• Analyze division performance trends and identify opportunities to improve profitability.

• Review and provide analysis on monthly, quarterly, and annual financial statements, including profit and loss reports, balance sheets, cash flow statements, and capital expenditures.
• Analyze financial data to identify trends, variances, and opportunities for improvements; ensure timely and accurate monthly financial statements, KPI dashboards, and variance reporting.
• Own job cost accuracy and partner with operations to ensure accurate cost‑to‑complete forecasting.
• Maintain robust internal operational financial & spending controls, compliance with GAAP and corporate policies.
• Lead the annual budget process for the Capital Companies and prepare the annual financial and capital expenditure budgets for the COO.
• Develop customer and product margin reports for the aggregate and asphalt business units.
• Oversee accounting and financial reporting for construction projects, materials production, equipment costing, inventory costing, fleet costs, and depreciation.
• Complete analysis with Operations on equipment life cycle costs and present to COO and FHC CFO to ensure capital funds are properly utilized.
• Ensure accurate allocation of project, plant, and equipment costs and partner with operations leaders to validate forecasts and cost‑to‑complete projections.
• Provide financial oversight of the Equipment Group, including fleet utilization reporting, internal charge‑out rates, maintenance cost trends, and capital planning support.
• Maintain internal controls and compliance related to job cost accounting, materials production, equipment assets, and related financial processes.

• Lead and develop the division’s financial team.
• Drive a culture of accountability, accuracy, and continuous improvement.
• Partner with HR to support training, development, and succession planning for the accounting team.
• Ensure compliance with internal and external audit requirements.
• Drive continuous improvements in operating systems, controls, and reporting.

• Develop and maintain the capital expenditure budget, ensuring alignment with the company’s strategic and financial goals.
• Assess project proposals for financial viability, including calculating the return on investment (ROI), payback period, net present value (NPV) while including cost of capital in the models.
• Monitor capital projects, tracking progress against budget and timelines, and identifying any variances.

• Ensure AR is collected in a timely manner.
• Complete Bad Debt Analysis on a quarterly basis.
• Ensure inventory levels are in line with plan and standard costs are in compliance with GAAP and approved by the COO.
• Support FHC Treasurer on cash flow forecasting.

Required

• Bachelor’s degree in Accounting, Finance, or related field.
• 7–10+ years of…