ABOUT US
Envoy has been serving communities across the state of Indiana with high-end and community focused development and construction projects for the last 40+ years. We are a multifaceted company driven to enrich our communities and our team. We are a team of collaborative self-starters. We value commitment and transparency while standing by our family-like company culture.
Job Summary
We are seeking a seasoned, strategic, and analytical Chief Financial Officer (CFO) with extensive experience in both construction and real estate development. As a key executive, you will drive our financial strategy, ensuring fiscal stability, high performance job costing, and profitable development strategies. The ideal candidate will manage complex cash flows across multiple projects, optimize capital structures, and foster strong relationships with lenders and investors.
- Construction Financial Management: Oversee job-cost accounting, WIP schedules, percentage-of-completion reporting, retainage, change-order tracking, subcontractor payment controls, margin fade analysis, backlog reporting, and project-level cash-flow forecasting.
- Construction Financial Operations: Supervise the accounting department to deliver accurate and timely monthly/annual financial statements, ensuring adherence to GAAP and construction-specific accounting principles.
- Construction Risk Management: Identify and mitigate risks related to contracts, bonding, insurance, and interest rates.
- Cash Flow Management: Monitor and project cash flow needs for projects, managing liquidity during long construction/development timelines and high-capital phases.
- Technology & Systems: Modernize financial reporting systems, including construction accounting, job-cost reporting, WIP reporting, development pro formas, investor reporting, document controls, cash-flow forecasting, and dashboard reporting.
- CEO Strategic Partner: Serve as the CEO’s principal financial strategist on project selection, capital allocation, investor presentations, municipal finance strategy, lender negotiations, and enterprise risk management.
- Financial Operations: Ensure compliance with GAAP, construction-specific accounting practices, lender reporting requirements, investor reporting standards, and real estate development reporting expectations.
- Capital & Liquidity Management: Lead capital raising efforts, manage relationships with lenders and equity partners and oversee debt restructuring and refinancing activities.
- Investment Strategy: Provide financial oversight for acquisitions, dispositions, and development projects. Lead the underwriting process and perform rigorous due diligence to ensure risk-adjusted returns.
- Strategic Planning: Develop long-range financial forecasts and portfolio-level stress tests to navigate market volatility.
- Investor Relationships: Manage communications with lenders, equity partners, private investors, municipal stakeholders, public finance professionals, and project partners.
- Capital Stack Development: Lead the design of project-level capital stacks using senior debt, mezzanine debt, preferred equity, common equity, public incentives, TIF revenues, tax abatements, grants, infrastructure reimbursements, seller financing, and other project-specific funding sources. Prepare investor-ready financial models and financing packages that clearly show sources and uses, returns, risk allocation, collateral, guarantees, public participation, and investor exit strategy.
- Municipal & Public Finance Strategy: Support the structuring, analysis, and presentation of municipal project financing strategies, including tax increment financing, public-private partnerships, bond proceeds, lease financing, tax abatements, developer-backed obligations, and other public revenue sources. Coordinate with bond counsel, municipal advisors, redevelopment commissions, fiscal officers, lenders, and local government stakeholders.
- Public-Sector Accountability: Ensure that public-finance recommendations, incentive requests, reimbursement structures, and project-funding analyses are documented, transparent, defensible, and suitable for presentation to elected officials, redevelopment commissions, fiscal bodies, municipal advisors, bond counsel, and the public.
- Advanced project-finance modeling experience, including sources-and-uses schedules, development pro formas, debt-service coverage, IRR/equity analysis, sensitivity testing, tax increment projections, construction draw schedules, lease-up/stabilization projections, and investor return waterfalls.
- Bank, Bonding & Surety Relationships: Manage relationships with banks, sureties, lenders, and guarantors. Maintain accurate financial reporting, backlog analysis, WIP schedules, and forecasts required to preserve and expand bonding capacity.
Qualifications:
- Experience: 10+ years in a senior financial leadership role, with a significant portion spent within the Construction and Real Estate and Development industries.
- Education: Bachelor’s degree in Finance or Accounting required; MBA or CPA strongly preferred.
- Industry Knowledge: In-depth knowledge of construction accounting, job costing, tax credits, and project-based revenue recognition.
- Technical Expertise: Proven track record in complex deal structuring, municipal finance, joint venture (JV) waterfalls, and tax strategies (including 1031 exchanges or Opportunity Zones).
- Leadership: Experience managing high-performing teams and collaborating across company departments.
- Skills: Excellent analytical, negotiating, and strategic planning skills.
- Soft Skills: A “deal-maker” mentality balanced with rigorous financial discipline and the ability to translate complex data into actionable executive insights
