Finatal is partnered with a mid-market private equity firm on a CFO mandate for a construction platform, focused on traffic controls and services. The business was founded by an industry veteran with 40+ years in the space, and since PE investment, the platform has grown to $40m in revenue through organic growth and a heavy M&A strategy. An excellent private equity CFO is now required to join an outstanding c-suite team to help lead and support the strategy to grow to an $100m+ topline business. The business is seeking to grow and evolve into the leading provider of traffic safety services through organic growth in attractive, adjacent markets and a highly actionable M&A strategy and an excellent CFO is fundamental for execution.
Responsibilities
- Serve as a member of the executive leadership team; participate in key decisions pertaining to strategic initiatives, operating models, and operational execution.
- Engage the board of directors to develop short-, medium- and long-term financial plans and projections, including leading the production of the annual budget and forecasts.
- Represent the company to financial partners, including financial institutions and auditors.
- Prepare and maintain regular financial planning reports; monthly profit and loss forecast (vs budget), weekly 13-week cash flow forecast.
- Oversee the accounting department, including functions such as accounts payable, billings & collections, and payroll.
- Lead the month-end and year-end close process (income statement and balance sheet, account reconciliations, & G/L analysis)
- Assess and improve accounting and finance policies, procedures, controls, and methodologies.
- Analyze, apply, plan, and implement accounting department initiatives including software and systems implementation and other departmental or firm-wide improvements, as needed.
- Manage daily cash and prepare cash-flow reports, projecting cash needs at weekly and monthly intervals, including communicating with lending and investment partners as needed.
- Provide executive committee and partners monthly financial KPI reports.
Requirements
- Experience working in a private equity portfolio company.
- Progressive experience, including 5 or more years as a CFO or equivalent at a field service, industrial service, or construction-related business.
- Demonstrated leadership ability, team management, and interpersonal skills.
- Construction industry experience, including building and managing bid/estimating processes, cost accounting, and supporting toolsets.
- Top-notch analytical skills, including proficiency with widely used data analysis and reporting tool implementation.
