CFO​/Construction Controller

Chief Financial Officer / Construction Controller

Location:

Skagit County, Washington
Company:
Hamilton Construction, LLC

Employment Type:

Full-Time

Reports To:

Owner/President

Hamilton Construction is an established construction company with extensive experience in heavy civil, marine, infrastructure and public works construction. The company operates in Washington and Alaska and works on projects involving government agencies, municipalities, general construction, equipment-intensive operations and specialty fabrication.

We are seeking an experienced Chief Financial Officer / Construction Controller to provide financial leadership for the company and its related business entities.

This is a hands-on senior management position for an individual who understands that construction finance is substantially different from ordinary business accounting.

The successful candidate will understand job costing, work-in-progress (WIP) reporting, construction contracts, bonding, retainage, change orders, equipment costs, cash flow, payroll, financial statements and construction risk.

The CFO/Construction Controller will oversee the company’s financial and accounting functions and serve as a key financial advisor to the Owner and management team.

This individual will be responsible for maintaining accurate financial information, developing meaningful financial reporting, monitoring job profitability and cash flow, coordinating with outside CPAs, supporting bonding requirements, and helping management make informed business decisions.

The position will have significant responsibility for financial oversight of multiple related entities and construction operations.

• Oversee construction accounting and financial reporting for multiple entities.
• Maintain accurate job-cost accounting and project financial information.
• Review job costs, committed costs, billings, retainage, change orders and contract status.
• Prepare and analyze monthly and year-to-date financial statements.
• Review Work-in-Progress (WIP) schedules and identify over/under billings and potential job losses.
• Monitor gross profit by project and investigate significant cost variances.
• Work closely with project managers, estimators and company management to understand project financial performance.
• Monitor cost-to-complete estimates and projected final job profitability.
• Ensure appropriate accounting for equipment, materials, labor, subcontractors and indirect costs.

• Prepare monthly financial statements and management reports.
• Develop cash-flow forecasts and monitor working capital.
• Assist ownership with budgeting and long-range financial planning.
• Monitor accounts receivable, accounts payable and cash requirements.
• Analyze financial trends and identify opportunities to improve profitability.
• Provide financial analysis for major equipment purchases, sales and financing decisions.
• Establish and monitor internal financial controls.

• Prepare financial information required by the company’s bonding/surety relationships.
• Maintain accurate WIP schedules and supporting financial information.
• Work with the company’s CPA and surety representatives on financial reporting and bonding requirements.
• Monitor working capital, debt, equity and other financial measures affecting bonding capacity.
• Assist management in evaluating the financial impact of pursuing major projects.

• Review financial aspects of construction contracts and major subcontracts.
• Monitor retainage, change orders, claims, disputed costs and contract receivables.
• Assist management in evaluating project financial risks before and during construction.
• Understand the financial…