Director of Financial Operations

Director of Financial Operations

Reports to

Vice President of Business Operations

FLSA Status

Exempt

Position Summary

The Director of Financial Operations is responsible for directing and managing all financial functions of the organization, including accounting, treasury management, project proforma analysis, financial planning, budgeting, tax compliance, audit activities, and purchasing/procurement oversight.

This position serves as a key strategic partner to ownership and the executive leadership team, helping shape long-term business objectives through sound financial planning and analysis. The position ensures accurate financial reporting, effective internal controls, cash flow optimization, and capital management while supporting operational excellence across the organization. 

The position will oversee the financial performance of construction projects from inception through completion, ensuring that project costs, revenues, profitability, and cash flow remain aligned with company objectives. The position may also be responsible for similar functions related to joint ventures and other ancillary businesses in which the company or ownership group has interest.

A high number of candidates may make applications for this position, so make sure to send your CV and application through as soon as possible.

Key Responsibilities

The Director of Financial Operations is responsible for a wide range of duties and must possess proven aptitude in many areas, including the following:

Strategic Financial Leadership

Provide strategic financial leadership and advice to ownership and executive management regarding business growth, investments, acquisitions, and operational initiatives. Develop long-term financial strategies, establish performance metrics, support organizational planning efforts, and ensure compliance with all applicable tax laws and regulations while promoting financial accountability throughout the Company.

Financial Management, Planning, and Analysis

Oversee budgeting, forecasting, financial analysis, and project accounting functions for the Company. Monitor financial and operational performance, prepare variance analyses, evaluate profitability, and recommend corrective actions as needed. Ensure accurate cost tracking, revenue recognition, Work-in-Progress (WIP) reporting, pre and post project proforma analysis, and compliance with Percentage-of-Completion (POC) accounting standards while partnering with operations leaders to improve project performance and profitability.

Cash Flow, Treasury, and External Financial Relationships

Manage cash flow, liquidity, working capital, accounts receivable, and accounts payable to support operational and strategic objectives. Oversee construction-related billing and payment processes, including progress billings, retainage, and subcontractor payments. Serve as the primary liaison with banks, lenders, sureties, auditors, tax advisors, and insurance providers, while maintaining bonding capacity, negotiating financing arrangements, and coordinating audits and financial reviews.

Accounting, Financial Reporting, and Technology

Direct all accounting operations and ensure the timely and accurate preparation of financial statements in accordance with GAAP and other applicable standards. Maintain effective internal controls, safeguard Company assets, and oversee financial reporting for ownership and executive leadership. Lead the implementation and continuous improvement of financial systems, reporting tools, and automation initiatives that enhance efficiency, accuracy, and financial visibility.

Leadership and Team Development

Lead, develop, and mentor finance and accounting personnel while fostering a culture of accountability, collaboration, and continuous improvement. Establish performance expectations, support professional development, and work with leadership to strengthen financial awareness and accountability across the organization. The ability to recruit, nurture, and retain talented employees is a priority.

Required Qualifications

· Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Certified Public Accountant (CPA) designation or Master of Business Administration (MBA) preferred. 

· Minimum of 10 years of progressive financial leadership experience is required. A proven track record of leading and optimizing the financial operations of large-scale construction organizations is preferred.

· Extensive knowledge of: 

o Job Cost Accounting 

o Percentage-of-Completion Accounting 

o Work-in-Progress (WIP) Reporting 

o Construction Project Financial Management 

o Cash Flow Forecasting 

o Budgeting and Financial Planning 

· Proven experience managing banking and surety relationships. 

· Strong knowledge of accounting principles, financial reporting, and internal controls. 

· Excellent analytical, strategic thinking, and problem-solving skills. 

· Exceptional leadership and communication abilities. 

· Ability to build strong relationships across all levels of the organization. 

· Experience with construction ERP and project accounting software systems. 

This position is intended for a full-time, on-site employee. At this time, we are not considering remote, fraction, or part-time employment arrangements.

Core Competencies

The ideal candidate will demonstrate exceptional strategic leadership, financial expertise, and construction industry experience (preferred), complemented by a strong executive presence. As a trusted advisor to senior leadership, they will provide financial guidance that supports organizational performance and growth. The successful candidate will possess strong decision-making, change management, and risk management capabilities, as well as excellent interpersonal, communication, and relationship-building skills. They will be a collaborative, people-focused leader with a proven ability to develop high-performing teams, drive process improvements, and lead organizational change while fostering accountability, trust, and engagement.

Work Environment

This is a full-time, exempt leadership position that requires on-site presence and active engagement with organizational operations. The Director of Financial Operations is expected to work on a standard schedule of Monday through Friday, from 8:00 a.m. to 5:00 p.m., while maintaining the flexibility necessary to meet business demands and strategic objectives. Occasional travel may be required to support organizational initiatives, attend meetings, collaborate with stakeholders, and represent the organization at external events or locations.

Salary and Benefits

The Director of Financial Operations will receive a market-competitive salary commensurate with experience, qualifications, performance, and the responsibilities of the position. In addition to base compensation, the position is eligible to participate in the Company's annual incentive compensation program, which may be based on individual performance, Company profitability, and the achievement of established business objectives.

The Director of Financial Operations is also eligible to participate in the Company's comprehensive benefits program, including health, dental, vision, and employer-provided life insurance coverage, as well as the Company's 401(k) retirement savings plan, subject to the terms and eligibility requirements of each program.

Equal Opportunity Statement

Funston Company and its affiliates are equal opportunity employers committed to creating a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other characteristic protected by applicable federal, state, or local law.

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. 

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. xhyhwjd Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.