The CFO role at ARC Building Partners is an incredible opportunity for a visionary leader to work at a well regarded, financially strong company that aims to revolutionitize the construction industry. The person in this position needs to be forward-thinking and have the ability to identify new revenue streams. Reporting directly to the CEO, it is important for the person in this role to be able to help translate the vision of the CEO from an operational and financial perspective, and oversee execution across the organization. Candidates for the CFO role will need to have a strong background in finance, and some experience managing IT.
The CFO position at ARC is ideal for a natural leader, strong communicator, and great relationship builder. The position calls for someone who is both a deep thinker and able to think strategically about the future, but also someone who is willing to jump in to lend a hand when needed.
Financial Analysis, Budgeting and Forecasting
Oversee the production of periodic financial report including presenting monthly financial budgeting reports with monthly profit and loss, forecast vs. budget and weekly cash flow reporting. Prepare and present monthly Working in Progress (WIP) schedule.
Provide recommendations for improvement.
Recommend benchmarks that will be used to measure company performance.
Develop and maintain monthly and annual operating budgets and forecasts; report significant budget differences to management.
Provide financial analysis, with emphasis on capital investments, pricing decisions, and contract negotiations.
Develop and monitor project cost charge rates for insurance costs (GL, Umbrella, CPPI, etc) and direct personnel expenses.
Serve as key point of contact with the Bank and secondary point of contact with the sureties and our broker.
Manage financial planning and analysis department. Supervise creation of reports, software implementation, and tools for budgeting and forecasting.
Accounting, General Ledger, Administration and Operations
Oversee the operations of the Accounting Department, which include accounts payable, accounts receivable, bank reconciliations, and budget preparation.
Ensure the proper functioning of all systems, databases and financial software. Utilize data analytics, forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets. Provide regular maintenance and backup of all accounting systems and supervise financial staff.
Review and implement appropriate internal control policies, compliance and financial procedures for all financial activities.
Ensure timeliness and accuracy of financial and management reporting data. Produce labor utilizations reports weekly to monitor absorption of the shared resources on projects vs BD opportunities vs pure G&A.
Oversee the preparation and communication of weekly, monthly and annual financial statements.
Oversee the preparation and timely filing of all local, state and federal tax returns.
Manage and oversee all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
Enhance and implement financial and accounting systems, processes, tools and control systems.
Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
ARC Building Partners is an innovative construction management firm focused on complex, fast-moving projects. Their reputation as a best-in-class construction management organization demonstrates their commitment to excellence, and their team has successfully planned, managed and delivered some of the most dynamic construction projects in the region from start to finish. Arc’s mission is to deliver exceptional results for their clients, which they do by bringing ingenuity and vision to each project, transforming their clients’ dreams into reality.
Arc specializes in several project delivery types, such as construction management at-risk, construction management as-agent, design-build and owner’s representative. Regardless, their approach centers on early engagement to ensure successful outcomes in all project phases.