Manning Personnel Group, Inc., is working with a growing Construction client in the Charlton, MA area as they are actively seeking an experienced Chief Financial Officer (CFO) to join their team.
Managing a small staff and reporting to the President/CEO, the CFO will be responsible for overseeing all financial operations, developing financial strategies, and providing leadership in setting the company’s financial direction. The ideal candidate has a strong background in construction accounting, knowledge of project-based financial management, and the ability to guide business decisions through clear, data-driven insights.
RESPONSIBILITIES:
- Develop long-term financial strategies aligned with the company’s business goals and growth objectives.
- Prepare short- and long-range forecasts, budgets, and financial models to support strategic decision-making.
- Partner with executive leadership to identify opportunities for cost management, revenue growth, and financial stability.
- Oversee the annual budgeting process, ensuring accurate forecasting of revenues, costs, and resource requirements.
- Provide ongoing budget-to-actual analysis, recommending corrective actions to meet financial targets.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP).
- Supervise the accounting team in maintaining accurate general ledgers, job costing, and timely closing of financial statements.
- Provide monthly, quarterly, and annual financial reports and presentations to company leadership and external stakeholders.
- Collaborate with project managers to track and analyze project costs, profitability, and progress.
- Monitor change orders, billing, and collections to ensure a healthy cash flow and profitability on each project.
- Implement robust internal controls to manage risk and maintain accurate project accounting records.
- Oversee cash flow planning and ensure that funds are available as needed for day-to-day operations, payroll, and project expenses.
- Manage banking relationships, including lines of credit, loans, and other financing tools.
- Optimize working capital through strong management of payables, receivables, and inventory.
- Identify financial and operational risks and develop mitigation strategies in collaboration with executive leadership.
- Ensure compliance with local, state, and federal regulations, including tax filings, licensing, and workers compensation.
- Coordinate audits with external auditors and regulators, ensuring accurate and timely completion.
- Collaborate cross-functionally with operations, project management, and other departments to align financial goals with business initiatives.
- Serve as a key advisor on major financial decisions, providing guidance to the CEO and other executives.
- Engage with clients, vendors, and subcontractors to negotiate contracts and optimize commercial terms.
- Leverage financial data to support new business opportunities, M&A activities, and strategic partnerships.
QUALIFICATIONS/SKILLS
- Bachelor’s degree in Finance, Accounting, or related field required; CPA, CMA, or MBA preferred.
- Minimum of 8–10 years of progressive financial leadership experience, ideally within the construction, engineering, or project-based industry.
- Proficiency in construction accounting software (e.g., Sage 300, Viewpoint, Procore, QuickBooks, or similar). Advanced proficiency in Excel and experience with financial modeling and data analysis.
- Strong knowledge of job costing, WIP reporting, and project-based financial management.
We are an Equal Opportunity Employer and consider qualified applicants for employment regardless of race, gender, gender identity, gender expression, age, color, religion, disability, veteran status, sexual orientation, or any other protected factor.
