Overview
CFO Description — 100% Employee-Owned Company
Chief Financial Officer is responsible for leading the financial strategy, accounting operations, cash management, and business planning of Building Products that is 100% owned by an Employee Stock Ownership Plan (ESOP). Oversees financial reporting, budgeting, forecasting, job-cost accounting, project profitability, working-capital management, and financial risk across the company’s operations.
The Company engages an independent CPA firm to perform a review of the Company’s financial statements. The CFO coordinates with the CPA firm and internal personnel to facilitate the review, including preparing requested schedules and supporting documentation, explaining significant account balances and transactions, reviewing draft financial statements, addressing review inquiries, and assisting management with the representation process. The CFO also evaluates and implements recommendations related to accounting procedures, internal controls, financial reporting, and compliance.
Partners with the executive team, project managers, estimators, and employee-owners to align financial performance with the company’s long-term employee-ownership objectives. Provides transparent financial information that helps employee-owners understand the company’s performance, profitability, cash flow, backlog, and value creation.
Key responsibilities include:
· Managing monthly, quarterly, and year-end financial close processes
· Preparing financial statements, budgets, forecasts, cash-flow projections, and management reports
· Coordinating the CPA firm’s review of the Company’s financial statements
· Providing the CPA firm with requested trial balances, schedules, reconciliations, contracts, supporting documentation, and management explanations
· Reviewing financial statement drafts and ensuring reported information is accurate and complete
· Responding to CPA review inquiries and tracking the resolution of outstanding items
· Evaluating and implementing recommendations arising from the financial statement review
· Overseeing job-cost accounting, work-in-progress schedules, percentage-of-completion accounting, retainage, change orders, and cost-to-complete estimates
· Monitoring project margins, backlog, committed costs, productivity, and construction risk
· Managing accounts payable, accounts receivable, payroll, treasury, and working capital
· Supporting ESOP valuation, annual plan administration, financial statement review procedures, and required reporting
· Providing accurate and timely information to the ESOP trustee and other plan-related advisors
· Promoting financial literacy and ownership awareness among employee-owners
· Maintaining strong internal controls over company assets, project costs, cash, and financial reporting
· Supporting banking, bonding, insurance, and surety relationships
· Evaluating capital expenditures, equipment purchases, financing alternatives, and strategic investments
· Coordinating corporate tax compliance and relationships with external tax and accounting advisors
· Advising leadership, including the Board of Directors, and employee-owners on profitable growth, operational efficiency, risk management, and long-term enterprise value
· Ensuring financial decisions support both the company’s objectives and the interests of its employee-owners
Pay: $155,000.00 - $170,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
- Stock options
Work Location: In person
