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Vice President of Finance

4 months ago

Lewisville, United States Primoris Services Corporation Full time

The Vice President of Finance will manage financial support for the Utility Segment under direction of the Segment CFO. This position provides operational, financial & accounting support to both division and segment management, including monthly closings, reporting, planning/forecasting, field reporting, analysis of division activities, and other reporting needs. This position will also assist management and other division stakeholders in making educated economic decisions about the division's future.


KEY RESPONSIBILITIES:

  • Supervise segment financial staff and provide guidance on best practices and ensuring accurate and timely work.
  • Prepare and provide operations management with accurate and timely financial management reports including, but not limited to, internal and external monthly financial statements, client P&L’s, billing summaries, equipment, trend variances, and other reports, as needed by management.
  • Oversee forecast and planning process, coordinating with operations management, segment management, and other levels within the division/group.
  • Ensure revenue and cost are booked in accordance with GAAP and company policies and procedures.
  • Establish/maintain systems and controls to comply with Sarbanes-Oxley (SOX) requirements, including the verification of the integrity of all systems, processes, and data within the division.
  • Cash forecasting, monitoring, and recommending best practices to improve cash flow
  • Coordinate with operations management for the collection of accounts receivable, monitor/track AR aging, DSO, provide management billing and AR reports, etc.
  • Oversee forecast and planning process, coordinating with operations management, segment management, and other levels within the division/group.
  • Assist in internal and external audits.
  • Coordinate with corporate shared services groups.
  • On a dotted line basis, oversees activities of billing processes, including billers, WMS (Work Management Specialists) and interacts with timekeepers, project management, project controls, and clients.
  • Assure sales and property tax compliance with assistance from Primoris Tax Department, provide necessary information for tax filings, etc.
  • Respond to the Segment CFO and corporate shared services for questions or information, as requested, with accurate and timely data & work.
  • Participate in a wide variety of special projects and develop special reports, as needed or requested by division and segment management and by the Segment CFO.
  • Communicate with co-workers, management, clients, and others in a courteous and professional manner.
  • Conform with and abide by all regulations, policies, work procedures, and instructions.


EDUCATION & MINIMUM REQUIREMENTS:

  • Bachelor's degree in Accounting or Finance.
  • Must have 10 years of hands-on accounting managerial experience in a project-based construction environment, preferably within the utility sector.
  • Strong accounting/GAAP knowledge and background, a good understanding of general ledger, accounts payable, accounts receivable & billing, payroll, project costing & revenue accounting (POC, Unit/MSA), reporting systems experience, etc.
  • Experience working in a public company with strong SOX compliance background.
  • Strong work ethic, ability to meet deadlines, monthly and quarterly closings, at times requiring overtime.
  • Significant financial software experience, proficient in Excel (spreadsheet) skills, analytical analysis, and use of other productivity software (email, laptops, BI, etc.).
  • Strong managerial, leadership & communication skills required, both upward and downward in the organization. Requires good interaction with subordinates and with all levels of operational management, including the Corporate Shared Services group and with customers.
  • Good written and verbal communication skills are required. Capable of writing justifications, summaries; training users in moderately complex topics. Capable of maintaining frequent contact with all levels of management, customers, vendors, and/or internal staff to furnish and obtain information and resolve issues; typically, capable of developing and delivering effective group presentations.


Preferred Qualifications:

  • Ability to travel.
  • CPA certification.

EEO Statement:

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Third-Party Agency Notice:

Primoris will not accept any unsolicited resumes from any third-party recruiting agencies either domestic or international. Primoris nor its subsidiaries will be responsible for any fees from the use of any unsolicited resumes either through our ATS or via electronic mail systems from any agency representative or agency consultant unless your firm is an approved vendor partner with a current executed agreement.