Director of Finance | Construction Firm | Minneapolis

Minneapolis, Minnesota Permanent USD140,000 - USD180,000 per year
  • Expereince working in construction contracting preferred
  • Multi-division, multi-subsidiary company

About Our Client

Our client is a Minnesota based GC, in business for over 25 years. Mid-sized, 150 employees, ~$250M+ in revenue, with a quickly growing territory across the Midwest. Their strong emphasis is on a strong company culture, family feel, flexibility in working environment, and opportunities for career advancement. They offer competitive starting salary and excellent benefits.

Job Description

  • Formulate long-terms goals and planning with company management.
  • Establish an annual budget for expected revenue and forecasted project margins. Provide quarterly reforecasts throughout the year.
  • Provide direct oversight of the development and implementation of financial accounting systems, procedures and controls to ensure the generation of timely, accurate and complete financial information. Identify KPI's to measure progress.
  • Ensure budgeted recoveries are met for project related margin enhancements and reimbursable personnel.
  • Analyze productivity and efficiencies for the accounting department and/or as it relates to company financial health. Implement and/or recommend changes to support areas of deficiency.
  • Lead and/or assist with finance negotiations with banks as needed.
  • Participate in business succession planning and execution.
  • Develop financial models for the company.
  • Develop and maintain network of community advisors.
  • Review current operations from a financial perspective and suggest changes as needed.
  • Hold project teams accountable for company profitability changes.
  • Develop and maintain 12-month cash flow projections. Develop and maintain 16-month revenue/profitability forecast.
  • Work collaboratively with market sector leaders/executives to analyze project pursuits. Create financial forecasts to identify the ROI and determine project feasibility, work mix and appropriate margin needs.
  • Strategically determine appropriate RJM work mix in our markets related to budgeting.
  • Apply tax planning concepts.
  • Direct set up of whole company budgeting process through collaboration with department manager heads. Monitor and proactively advise leadership when issues are present.
  • Consolidate all financial data necessary for an accurate accounting of consolidated business results.
  • Lead annual payout incentive distribution with Management team.
  • Knowledgeable in accounting technology and HRIS systems, with ability to act as advisor on company/department technology needs.
  • Assemble and review internal and external financial statements.
  • Prepare monthly bond usage reporting for financial packet.
  • Support relationships with insurance, SDI and bonding as related to finance and accounting.
  • Provide necessary financial documents for RFP responses collaboratively with appropriate personnel.
  • Contribute to project manager meetings, demonstrating job profit understanding.
  • Direct and coordinate all external audits and regulatory reporting compliance.
  • Monitor financial and tax accounting pronouncements and develop plans for appropriate action.
  • Actively participates as a member of the Leadership team, driving financial strategic direction.
  • Effectively manage, develop and delegate responsibilities to accounting team members ensuring accountability and a high functioning team supporting organizational needs.
  • Track historical financial data on various projects based on market, size, etc.
  • Participate in monthly project financial reporting meetings, develop margin recovery strategies and help hold accountability for project cash flow and profitability.
  • Work with Director of Preconstruction and VP Risk Management to help receive and evaluate financial reporting for Subcontractor Default Insurance program and determine appropriate risk mitigation measures.



MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Education:

  • BA/BS or Masters Degree in Finance or Accounting, or equivalent training and experience.
  • CPA preferred, not required.
  • Prior experience as Controller of multi-division, multi-subsidiary company required.



Work Experience:

  • * 10+ years of overall financial accounting experience
  • * 2+ years in senior accounting management role at corporate or large division level
  • * Relevant experience in construction contracting strongly preferred



Technical Experience

  • Required: MicroSoft Suite, including Outlook. solid Excel knowledge.
  • Preferred: Microsoft Teams and One Drive, DocuSign, ViewPoint, Procore, Paycom
  • Demonstrated knowledge of GAAP.

What's on Offer

  • Base salary of $140.000 to $180,000, depending on experience
  • Bonus
  • Flexible PTO
  • Paid Maternity leave
  • Paid Paternity leave
  • Comprehensive benefits package to include: 401(k), Dental insurance, Employee assistance program, Health insurance, Life insurance, Paid time off, Parental leave, Vision insurance
  • Referral bonus
  • Short term/Long term disability
Contact
Courtney Remijan
Quote job ref
JN-012024-6303144

Job summary

Sector
Accounting
Sub Sector
Financial Director / CFO
Industry
Property
Location
Minneapolis
Contract Type
Permanent
Consultant name
Courtney Remijan
Job Reference
JN-012024-6303144