Chief Financial Officer
Royal Electric Company · Sacramento, CA · 2 mo ago
On-siteManagement$300k/yrFull-time
About the role
The company is seeking a Chief Financial Officer (CFO) to serve as a key member of the executive leadership team and a strategic partner to the CEO and Board in guiding the organization's continued growth and long-term value creation.
Responsibilities
- Develop and execute the company's financial strategy, including long-term planning, capital allocation, and growth initiatives
- Serve as a strategic advisor to the CEO, Board, and executive leadership team on financial performance, risk management, and investment decisions
- Partner with executive leadership to align financial planning with business strategy, including evaluating future-state scenarios (e.g., scaling the organization over a multi-year horizon through initiatives including organic growth, potential M&A, growth financing)
- Lead the annual budgeting process, rolling forecasts, and scenario planning to support informed decision-making
- Oversee capital expenditure planning, equipment financing, and liquidity management to support operational and strategic objectives
- Ensure compliance with regulatory requirements across all jurisdictions in which the company operates
- Partner closely with operations, estimating, and project management teams to drive financial performance at the project level
- Lead the implementation and optimization of ERP; focus on systems and transformation ERP integration, automation, and dashboards
- Identify and implement process improvements and automation to enhance financial operations
- Maintain and strengthen relationships with sureties, brokers, and insurance providers, ensuring adequate bonding capacity to support growth
- Proactively identify financial, contractual, and operational risks and implement mitigation strategies
- Support executive decision-making by providing clear financial analysis that enables the organization to pursue growth opportunities with discipline and confidence
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field; MBA and/or CPA preferred
- 10 to 15 years of progressive financial leadership experience, with significant experience in construction or project-based industries
- Demonstrated expertise in construction accounting, including job cost management and WIP reporting
- Proven ability to operate as a strategic partner to executive leadership, contributing to enterprise-level decision-making
- Strong analytical and decision-making capabilities, with the ability to operate effectively in complex, fast-paced environments
- Experience leading and developing high-performing teams and building effective cross-functional partnerships
- Experience with ERP and project accounting systems such as Spectrum, Viewpoint, CMiC, or similar platforms
- Willingness to travel as required
Key Performance Indicators
- Accuracy, timeliness, and transparency of financial reporting and forecasting
- Performance of project margins and job cost management across the portfolio
- Effectiveness of cash flow management and forecasting
- Progress in system implementation, process improvement, and operational efficiency
- Development and performance of the finance organization and its integration with operations
Pay
$300,000/Year - $400,000/Year
Schedule
Flexible schedule to accommodate business needs