Chief Financial Officer - Hartford, United States - ProSearch Intl

Description

Executive level position with an industry leading regional specialty contractor. Has overall responsibility for the company's financial activities with decision making authority commensurate with the position.

Provides insight to the Board of Directors and ownership of the company's financial status and assists in the development of the company's strategic objectives.

Executes the company's financial strategy in support of these objectives.
Much more detail will be shared with qualified applicants. I look forward to that discussion with you.
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John Costello

Director Northeast Region
ProSearch

Responsibilities:
Provide leadership and management to the accounting department
Provide financial recommendations to CEO/President and executive team on strategic and tactical issues:
Coordinate Board of Director Meetings, preparing agenda and presentation materials. Act as Secretary and document meeting minutes.
Routinely meet with company ownership on relevant issues.
Identify and address potential financial risks for the company
Primary point of contact with the financial institutions.
Reviews compliance with all financial covenants and approves quarterly reporting submission to the company's primary bank

Assesses overall credit needs and negotiates with bank on terms and financial covenants during bi annual renewal of working capital and CAPEX lines of credit.

Liaison to the company's bond broker for surety needs.

Oversees all active bond requirements

Recommend investment strategies by considering cash and liquidity risks
Joint responsibility with the VP of Safety for the company's commercial insurance program
Primary contact with Insurance Brokers and evaluate all exposures and coverages on an annual basis

Provide financial oversight of the company's participation in the Captive Insurance program that encompasses GL/WC/Auto policies.
Coordinate with local Broker on all other policies and coverage requirements.

Acts in the role of fiduciary in the administration of the Employee Stock Ownership Program (ESOP)

Primary point of contact with the ESOP Trustee and valuation firm.
Oversees the preparation of the ESOP participant statements by the ESOP 3 rd

Party Administrator
Provides oversite to ESOP Trust account via the Plan's Investment Policy Statement
Works with ESOP advisor to maintain ESOP Plan Document and recommend changes to ESOP plan as required.
Coordinates ESOP Committee meetings

Provide financial oversight of the company's participation in the Captive Insurance program for Health Insurance.

Participate in Captive Board Meetings and workshops to establish best practices for the company's health insurance plan

Oversees the company's 401K plan

Coordinates with 3 rd

party investment advisor on the financial performance and administration of the plan's investment portfolio.

Oversees the working capital status of all operating companies.
Prepare and review weekly cash status report of all operating companies
Preparing and analyzing financial statements and profit and loss reports.

Reviews the quarterly Work in Process (WIP) reports with the company controller. Recommends adjustments as needed.
Prepare executive summary of financial position for ownership on a quarterly basis

Design financial models that support various operating initiatives on an as needed basis
Supervise the finance department and ensuring that all activities are current and updated

Requirements:

15+ years experience in a senior Financial Management role in the construction industry
CPA or CMA designation preferred.
Master's degree in Accounting, Finance or Business preferred.
Up to date knowledge of current financial and construction accounting computer applications.
Excellent verbal, analytical, organizational and written skills.
Decision-making and problem-solving skills.
Leadership skills with the ability to delegate, motivate and inspire team members.

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