Chief Financial Officer

1 day ago

Rutland VT United States The Source and Recruit Company Full time
Position Type: Full-time, Exempt
Reports to: President
Salary Range: $120k - $150k annual, commensurate with experience, plus discretionary bonuses

About:

John A. Russell Corporation (JARC) manages a diverse portfolio, with operations spanning both construction and senior living. With over $10-15 million in revenue for the construction division and another $15 million for senior living, JARC is poised for growth, leveraging a clean balance sheet and opportunities across sectors. The new CFO will play a pivotal role in modernizing financial processes and supporting the company's expansion.

Role Overview:

The Chief Financial Officer (CFO) will be a key member of the executive management team, providing leadership in financial strategy, business development, and operational improvements. This is a hands-on role that requires overseeing all accounting functions across multiple entities, including construction and senior living facilities. The CFO will be tasked with modernizing the financial systems, particularly by guiding the transition to cloud-based solutions. This role offers ownership potential and the opportunity to help shape the future of the company as part of a long-term succession plan.

Key Responsibilities:
  • Oversee financial operations for both Russell Construction Services and three senior living facilities.
  • Supervise internal accounting processes and teams, managing financial reporting and compliance.
  • Lead the implementation of cloud-based accounting systems (currently Sage Timberline) and evaluate job-costing tools.
  • Optimize financial reporting, ensuring accurate income statements and proper categorization for decision-making.
  • Manage relationships with financial institutions, risk management, and insurance packages.
  • Collaborate on business growth initiatives, including expanding both the construction and senior living sectors.
  • Assist with the development of a succession and transition plan for the business.
  • Serve as a "Chief Fix-It Officer," addressing administrative, financial, and business growth challenges.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 5 years of experience in accounting leadership, ideally as a Controller or similar.
  • CPA or CMA preferred but not required.
  • Strong understanding of GAAP and cost-to-complete accounting systems.
  • Technologically adept, with experience in transitioning to cloud-based financial systems.
  • Construction accounting experience is highly desirable; senior living experience is a plus but not required.
  • Proven ability to manage teams and work collaboratively across multiple business sectors.
  • Excellent judgment, problem-solving abilities, and strategic thinking.

Benefits:
  • Competitive salary with discretionary bonuses.
  • 50% company-paid health insurance.
  • 3-5 weeks combined time off (CTO), in addition to 7 paid holidays.
  • Matching 3% contribution to the 401(k) plan.
  • Flexible working arrangements, including hybrid work options.
  • Ownership potential for the right candidate.

Why Apply?

This role is a unique opportunity for a driven and tech-savvy financial leader to make a significant impact on a growing, dynamic company. With a strong foundation and exciting potential for growth, JARC offers the chance to be part of a close-knit team, help modernize operations, and participate in long-term strategic planning, including ownership opportunities. All inquiries will be handled with the highest level of confidentiality.

Equal Employment Opportunity Statement:

JARC and The Source and Recruit Company d.b.a. Harrier Financial Recruitment are committed to creating a diverse environment and are proud to be equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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