Job Summary
The Chief Financial Officer (CFO) is responsible for directing the financial operations of a concrete/construction company, including budgeting, forecasting, financial reporting, cash flow management, job costing, risk management, and strategic planning. The CFO works closely with executive leadership to ensure the company maintains financial stability, profitability, and compliance while supporting long-term growth in the construction and concrete industry.
Key Responsibilities Financial Leadership
- Develop and implement the company’s financial strategy.
- Provide financial guidance to the CEO and executive team.
- Prepare monthly, quarterly, and annual financial statements.
- Oversee budgeting, forecasting, and financial planning processes.
- Monitor company profitability and operational efficiency.
Construction & Concrete Industry Financial Management
- Manage project-based accounting and job costing.
- Analyze concrete production costs, labor expenses, materials, and equipment utilization.
- Monitor project margins and identify cost-saving opportunities.
- Oversee bid pricing and financial analysis for contracts and large projects.
- Ensure proper revenue recognition for construction contracts.
Cash Flow & Banking
- Manage company cash flow, credit lines, and banking relationships.
- Oversee accounts payable, receivable, payroll, and collections.
- Ensure sufficient working capital for operations and expansion projects.
Compliance & Risk Management
- Ensure compliance with federal, state, and local financial regulations.
- Manage tax planning and coordinate audits.
- Oversee insurance programs, bonding requirements, and financial risk assessments.
- Maintain internal financial controls and accounting procedures.
Strategic Planning
- Support mergers, acquisitions, and expansion opportunities.
- Develop financial models and growth projections.
- Participate in operational decision-making and capital investment planning.
Team Management
- Lead and mentor accounting and finance staff.
- Coordinate with project managers, operations managers, and estimators.
- Improve financial systems and reporting technologies.
Qualifications
- Bachelor’s degree in Finance, Accounting, or Business Administration (MBA or CPA preferred).
- 8–15 years of financial management experience, preferably in construction, concrete, or manufacturing industries.
- Strong knowledge of construction accounting and job costing.
- Experience with ERP/accounting software such as Sage, Viewpoint, or QuickBooks Enterprise.
- Excellent analytical, leadership, and communication skills.
- Knowledge of construction contracts, bonding, and compliance requirements.
Preferred Skills
- Strategic financial planning
- Cost control and budgeting
- Construction project accounting
- Leadership and team development
- Risk management
- Negotiation and vendor management
- Advanced Excel and financial modeling
Working Conditions
- Office-based with occasional visits to concrete plants, construction sites, and project locations.
- May require extended hours during budgeting periods, audits, or major projects.
Pay: $80,000.00 - $100,000.00 per year
Work Location: In person
