Director of Finance
Listed on 2026-02-14
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Finance & Banking
Financial Manager -
Management
Financial Manager, Operations Manager
Our client is a family owned paving and construction company located in New Haven, CT. Originally focused on residential and commercial paving, the company has grown to serve industrial and municipal markets across the state and region. McInnis Inc is looking for the right individual for Director of Finance with extensive growth potential.
DESCRIPTIONThe successful applicant will be responsible for managing the company’s financial activities and its financial success, including budgeting, cash flow management, and financial planning. This role works closely with the current CFO, President, and Treasurer of the company.
RESPONSIBILITIES- Oversee the preparation of financial statements, such as income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Shorten and standardize the monthly close (target: close by Day 10) using a documented checklist, reconciliations, and review signoffs.
- Create forecasts for future growth, track cash flow, analyze the company’s financial strengths and weaknesses, and propose correction action.
- Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization.
- Perform risk management by analyzing the organization’s liabilities and investments, decide on investment strategies that consider cash and liquidity risks.
- Ensure compliance with accounting standards and regulations.
- Institutionalize EBITDA adjustment support discipline: clear definitions, documentation standards, and repeatable bridges from reported to adjusted EBITDA.
- Work with the President and other senior leaders to develop and execute financial strategies.
- Implement an operating KPI dashboard (e.g., DSO, unbilled/WIP trend, gross margin by division, labor productivity proxy, and cut-off metrics).
- Document and harden the pencil rec to customer approval to invoice workflow.
- Implement a monthly cut-off control so work performed in late periods is accrued/billed consistently.
- Create a recurring revenue tie-out pack that reconciles revenue by customer and by job to the income statement and trial balance, with explained variances.
- Fine tune labor coding so multi-stop crews allocate time to the correct jobs.
- Deliver an auditable labor-to-job report and a practical field process to sustain accuracy.
- Establish monthly process for Project Managers & Superintendents to review and hit targets.
- Produce a complete reconciliation and supporting documentation package for contract assets/WIP under billings, including roll-forwards and job-level support.
- Reconcile AP aging to the balance sheet monthly and resolve unexplained differences.
- Create support packages for significant accrued expenses (insurance, payroll liabilities, property taxes, accrued job cost expense).
- Oversee the accounting department, develop and manage direct staff.
- 8 – 10 years’ experience in financial management required
- Construction industry experience required
- Master’s degree in Business Administration, Accounting or Finance required
- Understanding of construction processes, regulations and project management preferred
- Understanding of advanced accounting, regulatory issues and tax planning
- Excellent leadership skills with steadfast resolve and personal integrity
- Exceptional verbal, written and visual communication skills
- Strategic thinking and analytical skills
- Great organizational skills
- Detail oriented
- Knowledge and experience working with Construction Accounting software
The physical work environment is in-doors, in an office; physical demands of the position include sitting, traversing, lifting, reaching, operating printers, fax machines and filing cabinets.
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