CFO - Construction Firm

About the job CFO - Construction Firm


CFO - Construction Management firm

Position Summary

The CFO serves as a strategic financial leader responsible for overseeing the financial health, performance, and long-term financial strategy of the company. This role partners closely with executive leadership and operations teams to support profitable growth, manage risk, and ensure strong financial controls across projects and corporate operations.

The CFO will lead financial planning, accounting, project financial oversight, cash management, and reporting functions while helping guide business decisions in a dynamic, project-driven construction environment.

Key Responsibilities

Strategic Financial Leadership

• Develop and execute financial strategies aligned with company growth objectives.
• Serve as a key advisor to the CEO and executive leadership team.
• Provide financial insights to support operational, investment, and expansion decisions.
• Participate in strategic planning, acquisitions, and capital planning initiatives.

Financial Planning & Analysis

• Lead annual budgeting, forecasting, and long-range financial planning.
• Analyze company and project performance, identifying risks and opportunities.
• Develop financial models related to backlog, revenue forecasting, and capacity planning.
• Monitor KPIs including profitability, cash flow, working capital, and overhead performance.

Construction Project Financial Oversight

• Partner with operations leaders to monitor job cost reporting and project profitability.
• Oversee Work-in-Progress (WIP) reporting, revenue recognition, and cost forecasting.
• Ensure accurate project accounting and financial visibility across the organization.
• Support project teams in financial decision-making and risk mitigation.

Accounting & Compliance

• Oversee accounting operations, including general ledger, accounts payable/receivable, payroll, and financial reporting.
• Ensure compliance with GAAP and construction industry accounting standards.
• Manage external audits, tax planning, and regulatory reporting requirements.
• Maintain strong internal controls and financial governance practices.

Cash Management & Banking Relationships

• Manage cash flow forecasting and liquidity planning.
• Oversee bonding capacity, lines of credit, and lender relationships.
• Work closely with sureties, banks, and insurance partners.
• Optimize working capital across projects and operations.

Leadership & Team Development

• Lead and develop finance and accounting teams.
• Build scalable financial processes and reporting systems.
• Promote cross-functional collaboration between finance, operations, and business development.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field (MBA or CPA preferred).
• 15+ years of progressive financial leadership experience, preferably within construction, engineering, or project-based industries.
• Strong knowledge of construction accounting principles including:
  • Percentage-of-completion accounting
  • WIP reporting
  • Job cost accounting
  • Revenue recognition standards
• Experience managing banking, bonding, and surety relationships.
• Demonstrated success supporting operational leaders with financial insights.
• Advanced financial modeling and analytical capabilities.
• Excellent leadership, communication, and strategic thinking skills.

Preferred Experience

• Experience in general contracting, construction management, or specialty trades.
• Familiarity with ERP systems such as Viewpoint, CMiC, Sage 300 CRE, or similar platforms.
• Experience supporting growth, acquisitions, or geographic expansion.
• Background working in privately held or family-owned construction firms.

Core Competencies

• Strategic and operational finance leadership
• Construction project financial expertise
• Cash flow and risk management
• Executive partnership and influence
• Data-driven decision-making
• Process improvement and scalability

Compensation & Benefits

Compensation will be commensurate with experience and includes base salary, performance incentives, and a comprehensive benefits package, which may include:

• Health, dental, and vision insurance
• 401(k) with company match
• Executive bonus or profit-sharing plan
• Long-term incentive opportunities
• Paid time off and holidays
• Professional development support