The Chief Financial Officer (CFO) serves as a key member of the executive leadership team and is responsible for the strategic and operational financial management of a growing heavy civil construction company. The CFO provides financial leadership that supports sustainable growth, operational excellence, and long-term profitability while maintaining strong relationships with bonding companies, financial institutions, auditors, and other external partners. This role oversees all aspects of accounting, finance, treasury, budgeting, forecasting and project financial performance while serving as a mentor and leader to the finance team.
Executive Leadership
- Partner with the CEO, President and Executive leadership team to develop and execute strategic business initiatives.
- Provide financial insight and recommendations that support growth, capital investments, and operational decisions.
- Translate financial data into meaningful business intelligence for company leadership
- Present financial results and strategic analyses to ownership and the Board.
Financial Management & Reporting
- Lead all accounting and finance operations including general ledger, accounts payable, accounts receivable, payroll oversight, treasury, tax coordination, and financial reporting.
- Ensure timely and accurate monthly, quarterly, and annual financial statements in accordance with GAAP.
- Develop annual budgets and rolling forecasts while monitoring performance against plan.
- Implement and maintain internal controls and financial policies that safeguard company assets.
Construction Financial Management
- Oversee Work-In-Progress (WIP) reporting and ensure accurate project financial reporting.
- Review and validate Cost-to-Complete estimates with Operations and Project Management teams.
- Monitor project profitability, earned revenue, backlog, cash flow, and margin performance.
- Partner with operations leadership to identify financial risks and opportunities throughout the project lifecycle.
- Analyze project performance metrics and provide recommendations to improve profitability and operational efficiency.
Banking & Surety Relationships
- Serve as the primary liaison with banks, lenders, and financial institutions.
- Develop and maintain strong relationships with bonding companies and surety partners.
- Prepare financial presentations and supporting documentation for credit facilities, bonding capacity reviews and financing requests.
- Manage debt compliance, loan covenants, and capital structure strategies.
- Support initiatives that maximize bonding capacity while maintaining financial strength.
Cash Flow
- Manage company cash flow forecasting and working capital strategies.
- Oversee treasury functions and banking relationships.
- Ensure adequate insurance, financial controls, and enterprise risk mitigation practices.
Team Leadership
- Lead, mentor, coach, and develop the accounting and finance team.
- Foster a culture of accountability, continuous improvement, and professional development.
- Drive process improvements through automation, technology adoption, and best practices.
Compliance and Governance
- Ensure compliance with all federal, state, and local financial regulations.
- Coordinate annual audits and tax filings with external auditors and advisors.
- Maintain compliance with government contracting requirements and reporting obligations where applicable.
Required:
- Bachelor's degree in Accounting, Finance, Business Administration
- Minimum of 7-10 years of progressive financial leadership experience, including within the construction industry.
- Demonstrated experience in heavy civil, infrastructure, transportation, railroad, or federal contracting environments.
- Experience with WIP and Cost-to-Complete Reporting
- Experience with Construction Job Costing
- Experience with multi-state operations
This is a summary of qualifications and KSA's.
