Chief Financial Officer; CFO Construction

Our client, located in Yorktown Heights, NY is seeking an accomplished Chief Financial Officer with deep construction-industry experience and a strong accounting foundation. This is a senior financial leadership role for a CFO who is equally comfortable overseeing company strategy and getting into the details of the accounting operation. The successful candidate will take ownership of the integrity of the company's financial reporting, accounting processes, job costing, cash flow, internal controls, and project financial performance while serving as a key financial partner to ownership and senior leadership.

The ideal candidate will have progressed through accounting and controllership-oriented roles and will bring hands‑on expertise in construction accounting. While the CFO will contribute to planning, profitability, banking, risk management, and long‑term decision‑making, the primary emphasis of the position is maintaining a disciplined, accurate, timely, and well‑controlled accounting and finance function.

• Direct all accounting functions and maintain overall responsibility for the accuracy, completeness, and timeliness of the company’s financial records.
• Own the monthly, quarterly, and year-end close process, ensuring accounts are reconciled and financial statements are produced accurately and on schedule.
• Oversee general ledger activity, journal entries, accruals, prepaids, fixed assets, intercompany transactions, and account reconciliations.
• Review balance sheet and income statement accounts and investigate variances, unusual activity, and accounting discrepancies.
• Establish and enforce accounting policies, procedures, close schedules, and documentation standards.
• Maintain a strong system of internal controls designed to safeguard company assets and ensure the integrity of financial information.
• Coordinate year-end financial statement preparation, external audits/reviews, tax work, and requests from outside accountants and advisors.

• Provide direct oversight of construction accounting, including job costing, work‑in‑progress (WIP) reporting, percentage‑of‑completion accounting, contract accounting, and project profitability.
• Ensure labor, materials, subcontractor costs, equipment, overhead, and other project costs are properly captured and allocated to jobs.
• Review project budgets, committed costs, actual costs, estimated costs to complete, and gross profit projections with project management.
• Oversee AIA/progress billing, retainage, change orders, contract values, vendor payments, lien releases, and project‑related receivables and payables.
• Analyze job‑cost and WIP reports to identify margin erosion, cost overruns, billing issues, under/over billings, and other financial risks.
• Partner closely with project managers and operational leadership to improve the accuracy of project forecasts and financial accountability.

• Manage company‑wide cash flow forecasting with particular attention to the timing of construction billings, collections, retainage, payroll, subcontractor payments, and major project expenditures.
• Oversee accounts receivable, accounts payable, collections, working capital, and vendor payment strategy.
• Manage banking relationships, credit facilities, borrowing availability, covenant compliance, and other treasury activities.
• Provide ownership with clear visibility into current liquidity, near‑term cash requirements, and financial commitments.

• Lead the annual budgeting process and maintain rolling forecasts for revenue, gross margin, operating expenses, cash flow, and capital needs.
• Prepare meaningful…