Chief Financial Officer

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• Job Tag:

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• Posted: June 03,2025
  

SkyWater is proud to be leading the search for a Chief Financial Officer on behalf of one of the most highly-respected commercial construction services companies in the Midwest. Our client’s long history of success and sterling reputation are a direct result of the company’s keen focus on safety, quality, integrity and teamwork on every project it undertakes. These values, coupled with a dedication to continuous investment in people, technology, and equipment, have resulted in a sterling reputation – one that is both admirable to clients, and enviable to competitors.
The Chief Financial Officer (CFO) will be a key member of our client’s Strategic Leadership Team. This critical role partners directly with the President/CEO and is responsible for driving the financial direction and growth strategy of the company. The position requires deep financial acumen, hands-on experience with construction industry-specific accounting, and a forward-thinking mindset toward technology, risk management, and operational excellence.
Key Responsibilities

• Strategic Leadership
• Serve as a strategic partner to the President/CEO on all high-level decisions.
• Identify opportunities for growth, expansion, mergers, and acquisitions.
• Lead M&A efforts, including opportunity identification, due diligence, integration, and financial modeling.
• Provide creative financial strategies (e.g., depreciation schedules, offsets, equipment/material management).
• Drive innovation and efficiency through the use of artificial intelligence in financial and operational workflows.
• Financial Oversight
• Partner with the Controller to lead preparation and oversight of monthly and annual financial statements and audits.
• Oversee job costing, unit-rate contract performance, WIP reports, under/overbilling, accounts receivable, and open retainage.
• Direct cash management, including forecasting, cash balance optimization, and seasonal investment strategies.
• Develop internal financial reporting, establish annual budgets, and monitor monthly variances with department heads.
• Banking & Financial Relationships
• Establish and maintain strong relationships with banks and lenders.
• Manage and negotiate annual line-of-credit renewals, equipment financing, and investment opportunities.
• Ensure compliance with all loan covenants and borrowing base requirements.
• Risk & Insurance
• Serve as primary liaison with surety and insurance agents to negotiate coverage, bonding, and renewals.
• Lead the Captive Insurance program, ensuring proper structure and strong partnerships.
• Oversee risk management, claims handling, and ensure adequate coverage across all operations.
• Internal Controls & Compliance
• Ensure GAAP compliance with a strong understanding of the percentage-of-completion method and unit-price contracts.
• Maintain compliance with tax regulations including federal, state, payroll, sales tax filings, and benefit programs.
• Construction Operations Integration
• Conduct ongoing WIP and accounts receivable reviews with Project Managers.
• Collaborate with the Equipment/Fleet Manager to monitor utilization and manage capital asset planning.
• Partner with the Fleet Manager to manage all aspects of fleet vehicle leases, including new leases, renewals, expirations, trade-ins, and disposals.
• Work closely with the Safety Director to ensure insurance and workers’ compensation claims are managed for optimal outcomes.
• Partner with Human Resources to ensure company policies and employee relations are aligned and appropriately handled.
• Supervisory Responsibilities
• Directly oversee and support the Accounting and Payroll functions.
• Provide mentorship and development opportunities to the finance team.
• Lead financial training for project management and operational leaders.
• Guide accounting software efforts using Vista by Viewpoint and support IT infrastructure in partnership with internal IT staff.
  

Qualifications

• Required:
• 15+ years of progressive finance and accounting experience, with at least 5 years in a CFO or senior finance leadership role.
• In-depth knowledge of construction accounting, including unit-price contracts, WIP schedules, cost-to-complete analysis, and job cost/cash experience.
• Proven experience managing banking, surety, insurance, and other critical partnerships.
• Experience with Captive Insurance programs and risk/claims management.
• Familiarity with Vista by Viewpoint software.
• Strong financial decision-making ability and leadership during periods of growth and change.
• Willingness to travel to project sites and attend meetings with clients, financial partners, auditors, board members, and staff.
• Exceptional communication, interpersonal, and leadership skills.
• Strong critical thinking, problem solving, decision making, and attention to detail.
• Preferred:
• CPA or CMA designation.
• Experience with M&A transactions in the construction or related industries.
• Background in mid-size or large construction firms with equipment-intensive operations.
• Proven ability to navigate and execute merger and acquisition opportunities.

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Contract

Job function

• Job function

  Finance and Sales

• Industries

  Staffing and Recruiting

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