Chief Financial Officer

Position Summary:

The Chief Financial Officer (CFO) is the senior financial executive position in the R. H. White family of Companies, a 100-year-old privately held, diversified construction company. Reporting to the Chief Executive Officer (CEO), the CFO provides financial management information and counsel to the company’s top executives and board of directors to identify and pursue orderly growth opportunities, measure performance, identify and control business risk, and increase shareholder value for the organization. The CFO will also be an advisor to ownership, business unit leaders, and department heads evaluating and assisting as necessary with the development of budgets, financial planning, and financial performance, as well as general oversight and management of the organization’s financial policies, procedures, systems, and both fiscal and fiduciary responsibilities for the organization.

Essential Functions/Position Responsibilities:

• Adhere to and support the Company’s Code of Conduct and Safety 24/7 Culture.
• Provides forward looking insight and strategic thinking to set the organizations’ financial direction and pursue orderly growth opportunities.
• Develop relationships and network to increase and expand the Company’s reputation and reach in the industry.
• Assesses and evaluates organizational financial performance against the annual budget, organizational financial plan, and best in class competitive data. Responsible for establishing adequate profit return goals for all Companies in conjunction with the Chief Operations Officer.
• Establishes timely and predictive oversight programs to be able to caution and inform Senior Executive Team of any significant financial events and risk.
• Plans, develops, and implements the organization’s financial strategy and measures financial performance against the accomplishment of strategic goals and objectives.
• Responsible for developing the tools and systems to provide critical financial and operational information for the CEO. Works with the SET regarding issues, trends, and changes in the financial operating model.
• Focuses on business process improvement in areas of responsibility to provide consistent accuracy, standardization, internal controls, and service to the organization. Initiates periodic review of financial systems to ensure improvements are being made to meet the changing informational needs of the organization. Mentors and develops the financial staff as needed and ultimately manages work allocation, training, problem resolution, performance evaluation and the building of an effective team.
• Provides guidance and criteria for the prequalification of subcontractors.
• Fosters and facilitates cross-divisional teamwork and training within the organization’s divisions and departments.
• Responsible for quarterly Board report and Board of Directors presentation.
• Responsible for overseeing monthly, short, and long-term budgetary and financial planning goals along with other financial management issues.
• Oversees and ensures all accounts, ledgers and reporting systems comply with appropriate generally accepted accounting principles, regulatory and audit requirements, and maintains internal controls and safeguards.
• Manages cash flow forecasting and all commercial lines of credit and loans for the organization. Develops a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Optimizes and maintains insurance, surety and banking relationships and initiates appropriate strategies to enhance cash positions.
• Oversees the implementation of budgets by monitoring overall progress and financial metrics, both internally and externally.
• Develops policies, procedures, and protocols to support the organizations’ operations in a fiscally sound manner with attention to internal controls and reporting requirements. Drives business strategy and profitability through sustainable profitable growth and operational efficiency.
• Oversees the investments, operations, and retirement programs for the company including the 401K Plan, Supplemental Retirement Plan (SERP), and Deferred Compensation Plan along with any consultants used.
• Works directly with the companies’ insurance agency on the annual renewal of the Property & Casualty insurance program.
• Acts as financial advisor for investments, estate planning, and taxes for the family ownership members.
• Lead executive for the financial/tax structuring/investigation of any Mergers & Acquisition activity.
• Provide oversight and supervisory responsibility of the Contract Administration Department.
• Responsible for providing leadership, direction and supervision to the Accounting & Administrative functions including Managers, Supervisors and various clerical employees.
• Other duties and responsibilities as assigned by the CEO, which may include responsibility for the risk management function, participation in high level negotiations, review of contracts for key projects, purchasing & contracting and other quasi legal issues.

Hiring Requirements:

• Master of Business Administration (MBA), or bachelor’s degree in accounting and equivalent experience in construction industry, and CPA certification is desired.
• Twelve or more years of broad financial management experience is needed, along with experience evaluating sophisticated and complex financial information and demonstrated experience making actionable recommendations to senior executives. This experience should be with a construction organization whose gross financial revenues are preferably more than $100M.
• Strong business acumen and demonstrated construction industry accounting and financial knowledge, including financial systems, WIP schedules, job cost reports and analysis, extensive budget development, and consolidated financial reporting expertise.
• Strong blend of analytical, decision-making, and creative problem-solving skills.
• Excellent communication, presentation, and relationship building skills.
• Outstanding interpersonal skills as well as superior organizational and problem-solving ability.
• Excellent verbal and written communication and presentation skills required.
• Ability to manage multiple, complex priorities within demanding timeframes and budgets.
• Proven record of excellent internal and external customer service.
• Computer proficiency with MS Word, Excel, Power Point.
• Knowledge/use of a construction ERP platform (e.g. – COINS, Viewpoint, Timberline, etc.).
• Merger and Acquisition experience.
• Experience with family-owned and/or privately held companies.
• Ability to pass pre-employment drug screen.