Senior Financial Director

3 weeks ago


Hartford, Connecticut, United States ProSearch Intl. Full time
Job Summary

ProSearch Intl. is seeking a highly skilled Chief Financial Officer to lead our financial activities and drive strategic growth. As a key member of our executive team, you will be responsible for providing financial guidance, oversight, and leadership to ensure the company's financial health and success.

Key Responsibilities

• Provide financial leadership and management to the accounting department, overseeing all transactional accounting activities.

• Offer financial recommendations to the CEO/President and executive team on strategic and tactical issues, ensuring alignment with company objectives.

• Coordinate Board of Director Meetings, preparing agendas and presentation materials, and act as Secretary, documenting meeting minutes.

• Meet regularly with company ownership to discuss relevant financial matters and provide updates on company performance.

• Identify and address potential financial risks, ensuring the company's financial stability and security.

• Serve as the primary point of contact with financial institutions, reviewing compliance with financial covenants and approving quarterly reporting submissions.

• Assess the company's overall credit needs and negotiate with banks on terms and financial covenants during bi-annual renewals of working capital and CAPEX lines of credit.

• Liaise with the company's bond broker for surety needs, overseeing all active bond requirements.

• Recommend investment strategies, considering cash and liquidity risks, and jointly oversee the company's commercial insurance program with the VP of Safety.

• Provide financial oversight of the company's participation in all insurance programs, including health, property, auto, workers' compensation, general liability, and more.

• Establish best practices for the company's health insurance plan and oversee the 401K plan, coordinating with a 3rd party investment advisor on the financial performance and administration of the plan's investment portfolio.

• Oversee the working capital status of all operating companies, preparing and reviewing weekly cash status reports, and analyzing financial statements and profit and loss reports.

• Review quarterly Work in Process (WIP) reports with the company controller, recommending adjustments as needed, and prepare an executive summary of the company's financial position for ownership on a quarterly basis.

• Design financial models to support various operating initiatives, as needed, and supervise the finance department, ensuring all activities are current and updated.

Requirements

• 15+ years of experience in a senior financial management role in the construction industry.

• CPA or CMA designation preferred.

• Minimum Bachelor's degree in accounting, finance, or equivalent, Master's degree preferred.

• Up-to-date knowledge of current financial and construction accounting IT applications.

• Excellent verbal, analytical, organizational, and written skills.

• Decision-making and problem-solving skills.

• Leadership skills with the ability to delegate, motivate, and inspire team members.

• Impeccable honesty and integrity.

• Strong knowledge of Sage 300 Accounting Software preferred.

• Willingness to be hands-on and take ownership of leading others and meeting objectives.

Salary and Location

Negotiable salary and located in Connecticut.

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