Director of Finance

Job Description

Job Description

POSITION OVERVIEW

Simile Construction is seeking an experienced  Director of Finance to serve as the company’s senior financial and accounting leader and a key member of the executive leadership team.

This position is responsible for leading all accounting operations while providing the financial leadership necessary to support the company’s continued growth. The Director of Finance combines the responsibilities of an experienced Construction Controller with strategic financial planning, business analysis, and executive partnership.

The Director of Finance works closely with the President, Director of Operations, Director of Preconstruction & Estimating, Project Managers, and executive leadership to ensure the company maintains accurate financial reporting, strong internal controls, disciplined cash management, and reliable financial information that supports sound business decisions.

As Simile Construction continues to grow, this individual will play an important role in strengthening the company’s financial systems, improving reporting, enhancing forecasting, and building scalable processes that support long-term success.

REPORTING STRUCTURE

Reports To:

President / CEO

Direct Reports

• Accounting Manager / HR
• Accounts Payable
• Accounts Receivable
• Future Accounting Personnel

Works Closely With

• Director of Operations
• Director of Preconstruction & Estimating
• Project Managers
• Banking Partners
• Surety
• Insurance Broker
• Outside CPA
• Legal Counsel

PRIMARY RESPONSIBILITIES

Accounting Leadership

Provide leadership and oversight of all accounting operations, including:

• Monthly financial statement preparation
• Month-end and year-end close
• General ledger management
• Accounts payable
• Accounts receivable
• Payroll oversight
• Fixed assets
• Tax coordination
• Audit coordination
• Internal financial controls
• Accounting policy development

Lead, mentor, and develop the accounting team while creating scalable financial systems and procedures.

Construction Financial Management

Lead all construction-specific financial management activities, including:

• Monthly Work in Progress (WIP) preparation
• Revenue recognition
• Percentage-of-completion accounting
• Job cost accounting
• Cost-to-complete forecasting
• Over/under billing analysis
• Cash flow forecasting
• Retainage management

Lead monthly financial review meetings with the Director of Operations and Project Managers.

Partner with Operations to improve project financial performance, identify project risks early, and improve forecasting accuracy.

Financial Reporting & Analysis

Prepare and present timely financial information, including:

• Balance Sheet
• Income Statement
• Cash Flow Statement
• WIP Reports
• Executive KPI Dashboards
• Backlog Reporting
• Department Performance Reporting
• Forecasting Models

Provide executive leadership with meaningful financial analysis that supports informed business decisions.

Financial Planning & Business Strategy

Develop and maintain:

• Annual operating budgets
• Rolling financial forecasts
• Company overhead analysis
• Department financial analysis
• Breakeven analysis
• Capacity planning models
• Cash flow projections

Evaluate the long-term financial implications of strategic business decisions and provide recommendations that improve profitability and financial performance.

Banking, Bonding & Risk Management

Maintain and strengthen relationships with:

• Banking institutions
• Surety partners
• Insurance broker
• Outside CPA

Partner with ownership regarding:

• Bonding strategy
• Banking relationships
• Working capital management
• Equipment financing
• Capital expenditures
• Insurance renewals
• Financial risk management

Review major contracts from a financial perspective, including payment terms, retainage, billing schedules, cash flow implications, and financial risk.

Organizational Development & Continuous Improvement

Serve as a strategic business partner who continuously evaluates the health and scalability of the organization beyond traditional accounting responsibilities.

Responsibilities include:

• Continuously evaluate financial systems, accounting processes, and reporting procedures to improve accuracy, efficiency, and scalability.
• Develop meaningful KPI dashboards and executive reporting that improve visibility into company performance.
• Partner with executive leadership to improve budgeting, forecasting, cash flow management, and financial decision-making.
• Evaluate business systems and workflows to identify opportunities for automation and operational improvement.
• Support strategic initiatives including ERP implementation, process improvements, and financial reporting enhancements.
• Recommend improvements that strengthen profitability, operational efficiency, and long-term financial performance.
• Foster a culture of accountability by providing timely, accurate financial information that supports informed decision-making throughout the organization.

Executive Leadership

Serve as a trusted advisor to the President and executive leadership team.

Participate in:

• Weekly Leadership Meetings
• Quarterly Strategic Planning
• Annual Budget Planning
• Organizational Planning

·Long-Range Financial Planning

Provide objective financial analysis while respectfully challenging assumptions, identifying business risks, and supporting sound executive decision-making.

Act as a trusted advisor to ownership by providing sound financial insight, objective analysis, and practical recommendations that support the company’s continued growth.

Strategic Initiatives

Lead or participate in major company initiatives, including:

• ERP implementation
• Accounting software evaluation
• Financial reporting improvements
• Dashboard implementation
• Process documentation
• Department capacity planning
• Banking transitions
• Bonding transitions
• Equipment evaluations
• Support financial due diligence for significant business initiatives as needed

REQUIRED QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or Business Administration.
• CPA preferred but not required.
• Minimum of 10 years of progressive accounting and finance leadership experience.
• Minimum of 5 years within commercial construction.
• Extensive experience with:
• Construction accounting
• WIP reporting
• Job costing
• Revenue recognition
• Cash flow forecasting
• Budgeting
• Banking
• Bonding
• Insurance
• Experience leading accounting teams and mentoring staff.

PREFERRED QUALIFICATIONS

• CPA, CMA, or CCIFP designation.
• Experience with commercial general contractors between $30 million and $100 million in annual revenue.
• Experience implementing ERP systems.
• Experience supporting organizational growth and executive leadership.
• Strong understanding of commercial construction operations.

KEY COMPETENCIES

The successful candidate will demonstrate:

• Executive presence
• Strategic thinking
• High integrity
• Strong business acumen
• Construction financial expertise
• Collaborative leadership
• Excellent communication skills
• Strong analytical ability
• Calm decision-making under pressure
• Ability to respectfully challenge leadership decisions
• Ability to translate financial information into actionable business recommendations
• Commitment to continuous improvement
• Passion for building scalable organizations

SUCCESS IN THE FIRST 12 MONTHS

The successful Director of Finance will:

• Successfully transition financial responsibilities from the retiring CFO.
• Build trusted relationships with ownership, Operations, and executive leadership.
• Maintain accurate and timely monthly financial reporting.
• Continue effective WIP preparation and monthly project financial reviews.
• Improve budgeting and forecasting processes.
• Strengthen banking, bonding, and insurance relationships.
• Improve visibility into company overhead, capacity, profitability, and cash flow.

· Develop executive KPI dashboards that provide greater visibility into company performance, profitability, cash flow, and forecasting.

• Identify and implement meaningful financial and operational improvements that position Simile for long-term growth.

Growth Opportunity

This position is intended to become a long-term member of Simile Construction’s executive leadership team. As the company continues to grow, there will be opportunities for increased responsibility, leadership, and compensation based on individual performance and company needs.

Simile Construction Service in Modesto is a faith-based, family-owned-and-operated business with a strong commitment to giving back to the community. We give back with employee-fundraisers for various charities and by performing volunteer work. We donate our construction management services for community projects like the restoration of Modesto's historic State Theatre. We give back because it's a small way we can say Thank you.

We are an equal opportunity employer.

Company Description

Simile Construction Service in Modesto is a faith-based, family-owned-and-operated business with a strong commitment to giving back to the community. We give back with employee-fundraisers for various charities and by performing volunteer work. We donate our construction management services for community projects like the restoration of Modesto's historic State Theatre. We give back because it's a small way we can say Thank you.\r\n\r\nWe are an equal opportunity employer.