Chief Financial Officer (CFO) - General Construction - Philadelphia, PA

Unclassified - Philadelphia, PA

Full-time - Senior

Philadelphia, PA

11-50 employees

About the position

We are seeking a construction Chief Financial Officer (CFO) to oversee multi-state operations who will be based in Philadelphia, PA. The firm is a midsize, employee-owned contractor whose projects are mostly large civil and transportation based, with some plant and materials operations. However, someone with a commercial construction or materials production background would also be appropriate. The Chief Financial Officer (CFO) will report to the president and is a key member of the Executive Management Team and the strategic planning process. The CFO is a role model for high performance, and an outspoken advocate for vision, and our strategy to achieve that vision. The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling financial-related activities of the company. This includes actively playing a role in the growth of company revenue and profitability, which will deliver incentive compensation to employees, executives, and shareholders. The CFO is responsible for leading, developing, and mentoring Accounting Department team members to ensure the accuracy and efficiency of the team's work. The essential duties and responsibilities include participating in developing, administering, and achieving the Strategic Plan, organizational goals, and company policies. The CFO will coordinate functions and operations across departments to ensure activities align with strategic goals and meet internal and external customers' expectations. As a steward of financial strength and profitability, the CFO will direct and oversee the company's accounting and finance functions. Proactively monitoring and providing timely and accurate reports to company Principals on current financial status and financial trends and forecasts of the Company and its divisions is crucial. The CFO will provide advice and recommendations on the financial implications of business activities, develop and implement goals, policies, priorities, and procedures relating to financial management, budget, accounting, and payroll. Additionally, the CFO will assist Operations and Estimating in developing fees and/or profit margins on the various projects the company is pursuing. If awarded a contract, the CFO will continue to monitor results versus the original expectations. Overseeing the implementation, maintenance, and monitoring of a comprehensive job cost system is also a key responsibility. The CFO will monitor, report on, and make recommendations based on employee overhead and utilization projections, direct internal audits, review accounting and administrative controls, and coordinate the preparation of external audit materials and external financial reporting. Furthermore, the CFO will analyze employee benefit programs and make recommendations based on cost and added value to employees, conduct wage surveys to determine competitive compensation, and train assigned employees to ensure compliance with company policies and procedures. The CFO will assist Human Resources with staffing and hiring by monitoring workload and manpower needs and participating in the interview process, making hiring recommendations. Effectively managing subordinate team members' activities, providing regular feedback, developing their skills, and encouraging growth is essential. Although we prefer a current CFO, we are willing to consider a Controller who is ready to take his or her career to the next level. Candidates must have at least 5 years of construction finance or accounting experience and a stable job history. We are willing to relocate from anywhere and are offering excellent pay. All resumes will be considered as strictly confidential.

Responsibilities

• Participate in developing, administering, and achieving Strategic Plan, organizational goals, and company policies.
• Coordinate functions and operations across departments to ensure activities align with strategic goals and meet internal and external customers' expectations.
• Steward of financial strength and profitability by directing and overseeing the company's accounting and finance functions.
• Proactively monitor and provide timely and accurate reports to company Principals on current financial status and financial trends and forecasts of the Company and its divisions.
• Provide advice and recommendations on the financial implications of business activities.
• Develop and implement goals, policies, priorities, and procedures relating to financial management, budget, accounting, and payroll.
• Assist Operations and Estimating in developing fees and/or profit margins on the various projects the company is pursuing.
• Oversee the implementation, maintenance, and monitoring of a comprehensive job cost system.
• Monitor, report on, and make recommendations based on employee overhead and utilization projections.
• Direct internal audits, reviewing accounting and administrative controls.
• Coordinate preparation of external audit materials and external financial reporting.
• Analyze employee benefit programs and make recommendations based on cost and added value to employees.
• Conduct wage surveys to determine competitive compensation.
• Train and ensure assigned employees are aware of and comply with company policies and procedures.
• Assist Human Resources with staffing and hiring by monitoring workload and manpower needs and participating in the interview process, making hiring recommendations.
• Effectively manage subordinate team members' activities, providing regular feedback, developing their skills, and encouraging growth.

Requirements

• At least 5 years of construction finance or accounting experience.
• Stable job history.
• Experience in a CFO role or as a Controller ready to advance to CFO.

Nice-to-haves

• Background in commercial construction or materials production.

Benefits

• Excellent pay
• Relocation assistance offered.