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Chief Financial Officer
2 months ago
Position Summary: Responsible for providing strategic leadership for the Company by working with the Executive Management Team to establish long-range goals, strategies, plans and policies. Provide overall direction for the financial operations and projects including both treasury and accounting functions.
Essential Duties and Responsibilities:
- Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.
- Participate in the development of the corporation’s plans and programs as a strategic partner.
- Evaluate and advise on the impact of short and long-range planning, introduction of new revenue generating activities/strategies and regulatory action. This position is responsible for preparation and management of tax submissions to the IRS to include annual IRS forms and tax forms. Prepares annual reports to state and federal revenue reporting agencies.
- Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Executive Team. This includes timely preparation, reporting and analysis of financial statements.
- Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation. Responsible for development, implementation and maintenance of appropriate financial controls and processes.
- Prepare and manage the organizational budgets and projections. Participate in continual improvement of the budgeting process through education of Vice Presidents, Superintendents, Project Managers and other appropriate personnel on financial issues impacting their budgets.
- Provide strategic financial input and leadership on decision-making issues affecting the organization, i.e., evaluation of equipment purchases, potential alliances acquisitions and/or mergers and investments.
- Optimize and manage the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
- Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
- Act as an advisor from the financial perspective on any contracts/agreements into which the corporation may enter. This includes company insurances, licensing, bonding and regulatory bodies relationships.
- Handle annual insurance renewals for captive and all other lines.
- Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group and provide individuals with professional and personal growth. Manage the finance team in providing accounting support to different programs and revenue-generating activities. Provide technical financial advice and knowledge to others within the financial discipline.
- Management of general ledger maintenance, payroll, accounts payable, accounts receivable, annual audit, preparation of the annual IRS forms and international tax filings.
- General Ledger: Review all entries for accuracy and balance while reconciling bank statements.
- Financial Reporting:
- Coordinate the monthly financial close process to include all divisions.
- Assure completeness of reconciliations to general ledger account balances.
- Prepare monthly financial statements to review with the Exec Team.
- Prepare other managerial reports as requested to support program and revenue generating activities.
- Oversee preparation of integrated job cost and general ledger software.
- Loan Draws
- Serve as a liaison for the annual audit. Contribute to annual external audit by providing documentation requested from the audit preparation package. Assist with documentation and information for the annual workers compensation audit.
- Act consistently within the Company’s core values of integrity, teamwork, quality of work, and safe work environment.
- Serve as a Company board member and execute the responsibilities of the Company according to lawful and ethical standards.
- Perform other duties as assigned.
Preferred Qualifications
- Bachelor's degree in Business, Accounting or Finance related field.
- CPA or Master's degree a plus.
- Minimum 3 years successful CFO experience or 10 + years’ experience in finance with progressive leadership roles.
- Construction or project-based accounting background highly preferred.
- Demonstrated leadership skills and the ability to establish and maintain effective working relationships.
- Ability to think strategically and solve problems.
- Excellent written and verbal communication skills.