Director of Finance
$185k - $225kHatch
Director Of Finance
The Hatch Group is seeking an experienced Director of Finance to lead financial strategy, support profitable growth, and strengthen financial performance across its company entities and locations. This position partners with executive leadership on strategic planning, cash flow, financing, acquisitions, capital investments, and risk management.
The Director of Finance oversees the Controller, Senior Accountant and other Accounting Department Staff and provides direction to the accounting department. The Controller owns day-to-day accounting operations, financial statement preparation, internal controls, and the close process. The Senior Accountant performs technical accounting work and directly supervises the three accounting support employees.
The ideal candidate combines financial expertise with practical business judgment, understands construction and project-based operations, and can translate financial information into clear recommendations for leadership.
Key Responsibilities
Financial Strategy and Business Planning
- Lead annual budgeting, forecasting, and long-range financial planning across entities, branches, and service lines.
- Partner with executive and operational leaders to establish financial goals and evaluate performance.
- Analyze revenue, profitability, overhead, and operating trends to identify opportunities for improvement.
- Develop financial models and scenario analyses for expansion, pricing, staffing, and other business decisions.
- Establish financial performance measures and work with department leaders to address results.
- Balance growth objectives with liquidity, financial capacity, and operational requirements.
Banking Relationships and Financing
- Serve as the primary relationship owner for banks, lenders, and financing partners.
- Evaluate and recommend credit facilities, equipment financing, and other borrowing arrangements.
- Coordinate financing applications, renewals, and negotiations with executive leadership.
- Monitor debt obligations, borrowing availability, and lender covenant compliance.
- Ensure required financial information is submitted accurately and on time, using schedules prepared by the accounting team.
- Recommend banking arrangements and account structures that support the organization's needs.
Bonding and Surety Management
- Manage relationships with surety providers and bonding agents.
- Oversee bonding renewals, capacity reviews, and project-specific bond requests.
- Coordinate financial statements, work-in-progress schedules, and other underwriting information with the Controller.
- Monitor factors affecting bonding capacity and communicate limitations or requirements to leadership.
- Partner with operations and estimating teams to assess bonding requirements for prospective projects.
Cash Flow Strategy and Working Capital
- Own cash flow forecasting and liquidity planning across the organization.
- Anticipate seasonal funding needs, major expenditures, debt payments, and other cash requirements.
- Use reconciled cash balances, receivables aging, payables schedules, and project information to develop reliable forecasts.
- Set working capital priorities and monitor collection trends, payment timing, and retainage exposure.
- Establish payment priorities and funding plans within approved policies.
- Recommend actions to maintain sufficient liquidity and improve cash conversion.
Acquisitions and Financial Integration
- Lead the financial evaluation of acquisition opportunities in coordination with executive leadership and advisers.
- Assess financial results, working capital, debt, liabilities, and other factors affecting transaction value.
- Develop acquisition models and evaluate financing options.
- Coordinate financial due diligence and communicate findings, assumptions, and risks.
- Lead financial integration planning, including reporting structures, banking, controls, systems, and accounting processes.
- Direct the Controller's execution of accounting integration tasks and monitor post-acquisition performance.
Insurance and Risk Management
- Manage relationships with insurance brokers and coordinate company insurance renewals.
- Evaluate coverage needs, premiums, deductibles, and financial exposure with leadership and advisers.
- Coordinate insurance information across entities and locations.
- Partner with HR, safety, operations, and legal advisers on claims information, loss trends, and risk-reduction initiatives.
- Evaluate financial risks associated with customer concentration, contracts, credit exposure, and operational decisions.
- Recommend appropriate financial safeguards and insurance arrangements.
Capital Expenditures and Asset Planning
- Lead capital expenditure planning for equipment, vehicles, facilities, and technology.
- Evaluate proposed investments using return, utilization, operating cost, and cash flow analyses.
- Assess purchase, lease, and financing alternatives.
- Present recommendations for approval and monitor spending against approved plans.
- Review the financial performance of major investments with operational leaders.
- Coordinate with the Controller to ensure approved transactions are properly recorded.
Executive Reporting and Decision Support
- Own the preparation and presentation of executive financial reporting using financial statements reviewed by the Controller.
- Explain performance against budget and forecast, including significant variances and corrective actions.
- Present branch, service-line, and project profitability trends.
- Communicate liquidity, debt, bonding capacity, financial risks, and growth opportunities.
- Translate financial information into practical recommendations for executive leadership.
- Ensure leadership receives timely information for major business decisions.
Accounting Leadership and Department Development
- Supervise, coach, and evaluate the Controller.
- Establish department goals, reporting expectations, and priorities.
- Review financial results and significant accounting matters with the Controller.
- Provide oversight of accounting policies, internal controls, audit readiness, and tax-adviser coordination.
- Ensure the accounting department has appropriate staffing, systems, training, and coverage.
- Sponsor improvements to financial reporting and accounting systems while the Controller directs implementation.
- Maintain clear ownership, approval authority, and escalation procedures throughout the department.
Qualifications
- Bachelor's degree in accounting, finance, or a related field required.
- Ten or more years of progressive accounting or finance experience, including financial leadership and staff management.
- Experience in construction, contracting, or another project-based industry strongly preferred.
- Experience supporting multiple company entities, locations, or business units.
- Strong knowledge of budgeting, forecasting, financial modeling, cash flow management, and financial statement analysis.
- Familiarity with construction job costing, work-in-progress reporting, retainage, and revenue recognition.
- Experience managing banking relationships, financing arrangements, and lender reporting.
- Experience with bonding and surety requirements preferred.
- Acquisition due diligence and integration experience preferred.
- Experience coordinating insurance programs and evaluating business risk.
- Strong communication skills and the ability to advise executive and operational leaders.
- Advanced Excel skills and proficiency with financial and accounting systems.
- CPA, CMA, or MBA preferred.
Schedule: This position is full-time. In office availability is required in Plainville, MA
Pay Range: Annual Salary Range: $185,000 - $225,000
- Company Benefits include Health Insurance with generous company contribution. Dental and Vision insurances paid fully by the company. 401(k) with matching contributions along with multiple paid holidays, PTO, and more!
What Success Looks Like
- Leadership receives clear, timely financial reporting and actionable recommendations.
- Budgets and forecasts support realistic operating and growth plans.
- Cash requirements are anticipated and adequate liquidity is maintained.
- Banking, bonding, and insurance relationships support business needs.
- Capital investments receive consistent financial evaluation.
- Acquisitions are thoroughly assessed and financially integrated.
- The Controller and accounting team have clear priorities, effective systems, and appropriate oversight.
- Financial performance improves through disciplined planning and collaboration with operations.
Benefits: We're thrilled to offer our full-time employees with a healthy benefits package including Health, Life, and Dental Insurances. Additionally, we match in
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