Chief Financial Officer (CFO)
Job Summary
The Chief Financial Officer (CFO) is a key member of the executive leadership team, providing strategic financial direction for a company specializing in federal construction and environmental remediation projects. This role is responsible for overseeing all financial operations, including accounting, budgeting, forecasting, and risk management. The CFO must possess a deep understanding of the unique financial challenges and regulatory requirements of the construction and environmental sectors, particularly as they apply to government contracting.
Essential Duties and Responsibilities
- Strategic Financial Leadership:
- Serve as a strategic partner to the CEO and other executives, contributing to overall business strategy and growth initiatives.
- Develop and implement financial strategies that align with the company's long-term goals and project-based business model.
- Lead financial planning and analysis (FP&A) for the entire company, including capital management, investment decisions, and long-term financial forecasting.
- Participate in executive decisions related to mergers and acquisitions, market expansions, and financing arrangements.
- Government Contracting and Compliance:
- Ensure all financial operations, accounting systems, and reporting comply with the Federal Acquisition Regulation (FAR), as well as specific regulations from agencies like the U.S. Army Corps of Engineers (USACE) and the U.S. Environmental Protection Agency (EPA).
- Oversee all contract-related financial activities, including bidding, proposal pricing, and cost estimation, ensuring accuracy and profitability.
- Manage relationships and negotiations with federal auditors, including the Defense Contract Audit Agency (DCAA), and prepare for and manage all required audits (e.g., A-133 audits).
- Implement and maintain robust internal controls and processes to prevent fraud, ensure data integrity, and adhere to federal financial integrity legislation.
- Construction and Environmental Project Finance:
- Lead job-cost accounting and project profitability analysis, providing real-time insights into project performance to identify potential cost overruns or opportunities for cost optimization.
- Manage complex cash flow cycles inherent in the construction industry, including developing strategies to ensure sufficient cash reserves throughout a project's lifecycle.
- Work closely with project managers and operations teams to monitor the financial performance of each job and ensure that budgets are adhered to and margins are met.
- Provide financial oversight for unique project requirements such as surety bonding, insurance management, and contract risk assessment related to change orders, delays, and environmental liabilities.
- Financial Operations and Reporting:
- Direct all aspects of financial management, including accounts payable, accounts receivable, and payroll.
- Prepare accurate and timely financial statements, tax filings, and other regulatory reports in compliance with Generally Accepted Accounting Principles (GAAP) for the construction industry.
- Lead the preparation of indirect cost rate proposals for federal contracts and monitor their approval and variation.
- Oversee all internal and external financial reporting, ensuring clear and concise communication of financial performance to stakeholders, including lenders and investors.
- Technology and Systems:
- Identify, evaluate, and implement financial and accounting software tailored to the needs of a construction and environmental remediation company (e.g., ERP systems like Sage, Deltek Costpoint, Viewpoint, or Procore).
- Leverage financial data and analytics to create real-time dashboards for project cost control, asset management, and to inform strategic decision-making.
- Ensure cybersecurity measures are in place to protect sensitive financial and project data.
Qualifications
- Education: A Bachelor's degree in Accounting, Finance, or a related field is required. A Master's degree (e.g., MBA) and/or a Certified Public Accountant (CPA) certification preferred.
- Experience:
- Minimum of 10+ years of progressive financial leadership experience, with at least 5 years in a CFO or similar senior role within the construction or environmental remediation industries.
- Experience with federal government contracting is preferred, with a demonstrated understanding of the FAR, DFARS, and DCAA audits.
- Proven experience in managing project-based finances, job costing, and cash flow in a project-oriented business.
- Strong background in risk management, including contract risk, surety bonding, and insurance.
- Skills:
- Exceptional leadership, communication, and interpersonal skills, with the ability to articulate complex financial concepts to both financial and non-financial personnel.
- Strong strategic and analytical abilities, with a focus on problem-solving and proactive financial management.
- Deep knowledge of construction accounting principles and relevant environmental regulations.
- High level of personal integrity and professional ethics.
- Proficiency with modern financial management and ERP systems used in the construction industry.
Job Type: Full-time
Pay: $200,000.00 - $225,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Application Question(s):
- Are you a US Citizen?
- Do you have five or more years' experience in a leadership role for a company with annual revenues exceeding 50m?
Education:
Experience:
- Accounting: 10 years (Required)
Ability to Commute:
- Honolulu, HI 96847 (Required)
Ability to Relocate:
- Honolulu, HI 96847: Relocate before starting work (Required)
Work Location: In person
