Chief Financial Officer (CFO)

Job Description: Chief Financial Officer (CFO) Industry: Commercial & Industrial Electrical Contracting Reports To: Chief Executive Officer (CEO) / President FLSA Status: Exempt Who we are LLV is a growing company where your voice truly matters. We're growing — but growing at the right rate, the right way — and we take pride in our team-first culture, with long-tenured employees who are ready to collaborate and help you succeed. Position Summary The Chief Financial Officer (CFO) serves as a core executive leader, directing the overall financial strategy, heavy job costing structure, and fiscal operations of the commercial electrical contracting firm. This role requires a heavy construction accounting background, specialized knowledge of WIP (Work-in-Progress) accounting, AIA billing methodologies, percentage-of-completion revenue recognition, and a proven track record managing multi-million-dollar cash flow cycles tied to complex electrical projects, large-scale supply chains, and manpower scaling. Key Responsibilities & Duties 1. WIP & Job Cost Management WIP Reporting: Lead monthly Work-in-Progress (WIP) reviews with Project Executives and Managers to audit over/under billings, estimated cost-at-completion, and contract margins. Labor & Productivity Controls: Partner with operations to model labor burden rates, field productivity indexes, and local union/prevailing wage compliance strategies. Change Order Controls: Implement and monitor rigorous internal controls tracking unapproved change orders, claims management, and schedule impact risk metrics. 2. Cash Flow, Treasury & Capital Management 13-Week Dynamic Cash Forecasting: Architect and maintain short- and long-term liquidity models designed around heavy upfront material procurement (e.g., switchgear, copper, generators) and delayed retainage releases. Credit & Bonding Infrastructure: Secure, optimize, and expand banking relationships, multi-million-dollar lines of credit, and surety bonding capacity to back large-scale commercial bids. Capital Expenditures (CapEx): Direct evaluation and financing strategies for capital assets, including fleet vehicles, heavy tools, prefabrication facilities, and specialized warehouse equipment. 3. Contracts, Risk Management & Compliance Contract Risk Review: Collaborate with legal to audit incoming prime contracts and subcontracts, isolating aggressive payment terms, indemnification hazards, and liquidated damage clauses. Insurance Procurement: Direct and negotiate comprehensive commercial insurance packages (General Liability, Workers' Comp, Auto, Umbrella) and OCIP/CCIP wrapper programs. Tax & Regulatory Compliance: Champion structural federal, state, and multi-jurisdictional tax strategies, specifically regarding multi-state operations, Nexus regulations, and R&D; tax credits for electricalsystem engineering. 4. Corporate Strategy & Department Leadership Executive Collaboration: Inform the CEO and Board on strategic corporate trajectory, target market entry, joint venture creation, and structural overhead recovery modeling. Accounting Department Management: Lead, scale, and mentor the accounting department, overseeing Accounts Payable, Accounts Receivable, AIA Progress Billings, certified payroll compliance, and general ledger reconciliation. Required Qualifications & Skills Education: Bachelor's degree in Accounting, Finance, or a related field. Master's in Business Administration (MBA) or active Certified Public Accountant (CPA) / Certified Construction Financial Professional (CCFP) credential highly preferred. Experience: Minimum of 10-15 years of progressive corporate finance leadership, with a mandatory minimum of 5 years serving as a CFO, VP of Finance, or Controller within a commercial sub-contractor environment (preferably electrical, mechanical, or general contracting). Technical Mastery: In-depth expertise in specialized ERP construction software (e.g., Sage 100 Contractor ) alongside master-level Excel knowledge. Core Knowledge: Absolute proficiency in percentage-of-completion accounting, structural job-costing logic, multi-tier lien waivers, prompt payment acts, and certified payroll tracking. Why Work With LLV Competitive pay based on experience A team-first culture with long-tenured employees to learn from and collaborate with A growing company — but growing at the right rate, with stability you can count on Benefits We Offer Vacation Choice of 3 medical plans Vision insurance Dental insurance Short-Term Disability (STD) Long-Term Disability (LTD) Life Insurance 401(k) with company match up to 6% — both Traditional and Roth 401(k) plans offered Equal Opportunity Employer, including disabled and veterans. #J-18808-Ljbffr