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Vice President Finance

3 months ago

Roseville, United States Marques General Engineering, Inc. Full time

Job Purpose


The Vice President of Finance oversees the daily financial operations of the Company. This position works across all business functions and works closely with other members of the Executive Team and Department heads to support the long-term vision of the Company. The Vice President of Finance supports and promotes profitable goals and objectives for the Company.


Duties and Responsibilities

All Entities:

  • Meets and collaborates frequently with the President and Executive Vice President about the Company’s financial operations and plans, and Company goals and objectives.
  • Maintains strong relationships with banking institutions and has a deep understanding of banking operations and financial instruments. Works with bank managers to ensure a good working relationship.
  • Understands the principles of risk management and insurance, works with brokers and team members to ensure ample coverage, and implement strategies to mitigate potential risks to the company.
  • Understands tax laws and regulations. Works with accounting firms and President to develop strong tax strategies and ensure compliance.
  • Leads the Finance team in the preparation of timely and accurate financial analyses, summaries, and reporting. 
  • Collaborates with fellow executives on their initiatives and endeavors to achieve successful outcomes.
  • Carries out and upholds the financial strategies devised by the President and Executive Team. Conveys and endorses executive decisions and ensures that strategies are consistent with the Company’s policies and objectives.
  • Develops and maintains a reliable cash flow projection process, ensuring adequate liquidity to meet operational needs.
  • Ensures availability of adequate and appropriate equipment, staffing, and systems; recommends additional staffing and services.
  • Ensures compliance with federal, state, local, and organizational laws, regulations, guidelines, and best practices, including but not limited to tax laws, generally accepted accounting principles (GAAP), federal acquisition regulations (FAR), and cost accounting standards (CAS).
  • Maintains knowledge of developments and trends in finance and administration including technological advances.
  • Engages cross-functionally across all departments within the organization. Collaborates with teams to establish processes and policies that align with both short- and long-term objectives.
  • Translates strategy into actionable growth through implementation of goal setting, performance management, and annual operations planning.
  • Works to build a transparent and inclusive culture, ensuring Finance team members can thrive and Company goals are met.
  • Ensures effective recruiting, onboarding, professional development, performance management, and employee retention for finance department personnel.
  • Collaborates with team members on the planning, organizing, and supervising work related to new initiatives, and analyzing the progress and results obtained.
  • Performs other related duties as assigned.


Key Competencies


  • Leadership and Team Management: Ability to guide and motivate team members, manage teams, delegate tasks, and ensure timely completion of objectives.
  • Effective Communication Skills: Demonstrates proficiency in written, oral, and presentational communication, facilitating clear and concise information exchange.
  • Time Management: Ability to prioritize and organize tasks to complete all responsibilities efficiently and meet deadlines.
  • Problem-solving: Ability to solve problems efficiently and analyze complex situations by identifying issues and implementing effective solutions.
  • Adaptability: Ability to adapt in a dynamic, ever-changing industry. Leads team by demonstrating adaptability and enabling managers to respond effectively to unforeseen circumstances.
  • Working Under Pressure: Ability to manage pressure, while maintaining quality standards and meeting high-stakes deadlines.
  • Ethical Decision-Making: Upholds ethical standards and professional conduct. Makes decisions that align with integrity and transparency.
  • Financial Proficiency Understands revenue, expenses, profit margins, and cash flow, specifically as it relates to the construction industry. Demonstrates the capability to establish financial objectives, control costs effectively, optimize the use of organizational resources, assess financial risks, make well-informed decisions, and devise plans to minimize potential losses. Must have extensive experience in financial statement preparation and review, as well as understand financial risks and controls.
  • Operational Knowledge: Understanding and implementing business operations, introducing policies to improve Company culture, and coordinating across departments.
  • Legal and Regulatory Expertise: Understands industry-specific regulations, financial and accounting standards, and legal mandates. Ensures adherence to these standards to facilitate risk-adverse operational processes.
  • Technical Software Proficiency: Possesses a strong command of Spectrum, Microsoft Office, and other organizational platforms.


Qualifications and Requirements


  • Must have a bachelor’s degree in accounting, finance, business, or a related field. Possessing an MBA or other advanced degree is preferred.
  • Preferred Certified Public Accountant license or requisite knowledge and experience.
  • Must have extensive experience in financial management with a minimum of 10 years of demonstrable experience.
  • Must be able to complete work in a timely, detailed, and organized manner.
  • Must be capable of adhering to deadlines and effectively prioritizing work assignments.
  • Must be able to exercise sound judgment and problem-solving skills and develop effective proactive solutions.
  • Must be able to collaborate effectively in a team environment.
  • Must demonstrate a strong internal drive to set and achieve goals, initiate tasks, and take ownership of responsibilities.


Working Conditions


The working conditions for the Vice President of Finance will extend beyond the typical eight-hour workday, reflecting the demands of an executive role. The position requires a commitment to flexibility, with the understanding that responsibilities may necessitate additional hours to meet the strategic and operational goals of the company.