Vice President of Finance

Vice President of Finance

C.A.C. Industries, Inc.

C.A.C. Industries, Inc. is a leading heavy civil construction and infrastructure contractor serving the greater New York metropolitan area. The company specializes in complex public works projects, including transportation infrastructure, utilities, and environmental work. With a reputation for quality execution, operational excellence, and long‑standing client relationships, C.A.C. continues to deliver large‑scale, impactful projects that support the region’s growth.

C.A.C. Industries is seeking a strategic and hands‑on Vice President of Finance to lead the financial operations for a $500M+ construction enterprise. This individual will serve as a key member of the leadership team, responsible for driving financial performance, strengthening internal controls, and supporting the company’s continued growth.

This role is ideal for a senior finance leader with deep construction industry experience who can operate at both a strategic and tactical level. The VP of Finance will play a critical role in managing project profitability, overseeing complex cash flows, and positioning the organization for long‑term success. A CFO‑in‑waiting who will eventually lead capital structure decisions and board‑level strategy.

• Partner with executive leadership to develop and execute financial strategy.
• Lead the annual budgeting and forecasting process, including monthly variance analysis.
• Provide actionable financial insights to support operational and strategic decision‑making.

• Oversee Work‑in‐Progress (WIP) reporting and percent‑of‑completion revenue recognition.
• Ensure accurate job costing and project profitability tracking.
• Monitor performance across multiple concurrent construction projects.

• Manage cash flow, liquidity, and working capital optimization.
• Oversee banking relationships, including credit facilities and covenant compliance.
• Support long‑term capital planning and financing strategies.

• Oversee the preparation of monthly, quarterly, and annual financial statements.
• Ensure compliance with GAAP and all regulatory requirements.
• Coordinate annual audits and tax filings.

• Support annual ESOP valuation processes and repurchase obligation forecasting.
• Ensure compliance with applicable DOL and IRS regulations.
• Partner with advisors to manage ESOP‑related financial implications.

• Oversee financial management of the company’s heavy equipment fleet, including depreciation and ROI.
• Identify financial risks and implement strong internal controls.
• Enhance policies and procedures to safeguard company assets.

• Lead and mentor a finance and accounting team, including controllers, payroll, AP, and AR.
• Foster a high‑performance culture focused on accountability and continuous improvement.
• Assess and enhance team structure as the organization scales.

• Evaluate and optimize financial systems and ERP platforms.
• Streamline processes to improve efficiency, accuracy, and reporting capabilities.

• 15+ years of progressive finance experience.
• Minimum 7+ years within the construction industry (heavy civil or infrastructure strongly preferred).

• Strong background in job costing, WIP reporting, and construction accounting.
• Experience with joint ventures and complex project structures.
• Knowledge of union payroll and prevailing wage requirements.

• Prior experience in an ESOP environment highly preferred.

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA strongly preferred (or MBA with relevant experience).
• CCIFP certification is a plus.

• Experience with construction ERP systems (e.g., CMiC, Sage 300, or similar).