The Opportunity Poised for significant growth! Engaging work culture! Focused on two core business drivers:
Providing an exceptional work experience
Providing an exceptional customer experience
Old Dominion Mechanical (ODM) in Richmond, Virginia is looking for a strategic CFO that can help navigate their continual growth. ODM has been named to the Inc. 5000 list of fastest growing companies in America for each of the last 6 years! With current sales projections of $30M and 150 employees, ODM is looking to double those numbers in the near future. Interested candidates should email a cover letter, resume and a list of three references to: https://warrenwhitney.isolvedhire.com/jobs/. For best consideration, resumes should be received by Friday, September 29, 2023.
Essential Functions The Chief Financial Officer (CFO) of a commercial mechanical contractor is responsible for overseeing and directing all financial activities within the company. This includes managing financial planning and analysis, budgeting, forecasting, job costing accounting, financial reporting, and cash flow management.
The CFO will work closely with the executive team to develop and implement financial strategies and initiatives that align with the company's overall goals and objectives. They will also provide financial guidance and support to other departments, ensuring that financial decisions are made in the best interest of the company.
Financial Planning and Analysis: Develop and implement financial strategies, plans, and budgets to support the company's growth and profitability objectives. Conduct financial analysis and provide recommendations for improving financial performance.
Financial Reporting: Oversee the preparation and distribution of financial statements, reports, and presentations for management and external stakeholders. Ensure compliance with all accounting standards and regulations.
Cash Flow Management: Monitor and manage cash flow, including forecasting and analysis of cash needs. Implement strategies to optimize cash management and working capital.
Job Cost Accounting: Provide accurate cost information for projects and construction enabling the business to monitor profitability, budget adherence, and overall financial performance on a project-to-project basis.
Risk Management: Identify and evaluate financial risks and implement strategies to mitigate them. Develop and maintain internal controls to safeguard company assets and ensure compliance with financial regulations.
Financial Compliance: Ensure compliance with all financial regulations and reporting requirements, including tax compliance. Stay up to date on changes in accounting standards and regulations and make any necessary adjustments to financial processes and reporting.
Financial Decision Support: Partner with other departments to provide financial guidance and support for decision-making. Analyze and evaluate the financial impact of proposed business initiatives and provide recommendations to support informed decision-making.
Financial Systems: Ability to define, select and implement an ERP system best suited to the future of the organization.
Cost Management: Monitor and analyze costs and expenses to identify opportunities for cost savings and efficiency improvements. Develop and implement cost control measures to maximize profitability.
Team Leadership: Manage and develop a team of financial professionals, providing guidance, coaching, and support. Foster a culture of collaboration, accountability, and continuous improvement within the finance department.
Relationship Management: Build and maintain strong relationships with external stakeholders, such as banks, auditors, and regulatory authorities. Represent the company in financial matters and ensure positive interactions and outcomes.
Key Attributes for Success Successful candidates must be strategic, proactive, process oriented, collaborative and have excellent relationship building skills. The candidates will also easily embrace ODM's 5 Core Values: Listen to Understand, Culture of Respect, Technical Competence, Environmentally Conscious, and Community Responsibility.
Qualifications for the Position
Bachelor's degree in Finance, Accounting, or related field.
Minimum of 10 years of progressive finance experience, with at least 5 years in a leadership role. Experience in the mechanical or construction industry is a must.
Ethics and Integrity: Commitment to conducting all financial activities with the highest level of ethics and integrity. Adherence to strict confidentiality standards and requirements.
Strong Financial and Analytical Skills: Demonstrated expertise in financial planning, analysis, forecasting, and reporting. Strong analytical and problem-solving skills with the ability to interpret complex financial data and make informed recommendations.
Strategic Thinking: Ability to think strategically and develop financial strategies that align with overall business goals and objectives. Strong business acumen and the ability to understand and navigate complex business environments.
Leadership and Communication Skills: Proven leadership abilities with the ability to inspire and motivate a team. Excellent communication and interpersonal skills with the ability to build and maintain relationships with stakeholders at all levels.
Technical Knowledge: Strong knowledge of accounting principles, financial regulations, and reporting requirements.
Attention to Detail: Strong attention to detail and the ability to ensure accuracy and reliability in financial reporting and analysis.
Problem-Solving and Decision-Making: Ability to identify financial challenges and develop creative solutions. Strong decision-making skills with the ability to make informed and timely decisions.
Adaptability: Ability to thrive in a fast-paced, dynamic environment and effectively manage multiple priorities and deadlines.
Preferred Qualifications
Master's degree and/or CPA certification.
Familiarity with construction accounting and project cost accounting is a plus.
Compensation Package Includes
Starting annual base salary range of $175,000-215,000
Health, dental, vision insurance
Short- and long-term disability and life insurance provided
401(k) retirement account with employer match
Generous paid time off (PTO) policy
6 paid holidays per year
Birthday off
How to Apply Studies have shown that women and people of color are less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the position, and that candidate may be one who comes from a less traditional background. If you meet key qualifications for the job, and believe you would be the best fit, we encourage you to apply; please use your cover letter or introductory email to explain how you will accomplish parts of the role for which you have less experience. If you are unsure whether you meet the qualifications of this position, please feel free to contact us.
For best consideration, resumes should be received by Friday, September 29, 2023. For questions, please contact ERIC WANN at ewann@warrenwhitney.com or call (804) 564-2974.
Old Dominion Mechanical is an Equal Employment Opportunity Employer. All qualified persons are encouraged to apply. Applications for employment will be considered without regard to race, color, national or ethnic origin, religion, gender, gender identity, sexual orientation, marital status, age, disability, and any other characteristic protected by applicable law.
CONFIDENTIALITY As we work through the early phases of the search, every effort will be made to assure a high degree of confidentiality for the candidates. We understand that many of the candidates interested in this position are not actively seeking a position and are strongly committed to their current organization but are intrigued by the opportunity presented here. An expression of interest will remain confidential until the final stages of the search.
Qualifications for the Position
Bachelor's degree in Finance, Accounting, or related field.
Minimum of 10 years of progressive finance experience, with at least 5 years in a leadership role. Experience in the mechanical or construction industry is a must.
Ethics and Integrity: Commitment to conducting all financial activities with the highest level of ethics and integrity. Adherence to strict confidentiality standards and requirements.
Strong Financial and Analytical Skills: Demonstrated expertise in financial planning, analysis, forecasting, and reporting. Strong analytical and problem-solving skills with the ability to interpret complex financial data and make informed recommendations.
Strategic Thinking: Ability to think strategically and develop financial strategies that align with overall business goals and objectives. Strong business acumen and the ability to understand and navigate complex business environments.
Leadership and Communication Skills: Proven leadership abilities with the ability to inspire and motivate a team. Excellent communication and interpersonal skills with the ability to build and maintain relationships with stakeholders at all levels.
Technical Knowledge: Strong knowledge of accounting principles, financial regulations, and reporting requirements.
Attention to Detail: Strong attention to detail and the ability to ensure accuracy and reliability in financial reporting and analysis.
Problem-Solving and Decision-Making: Ability to identify financial challenges and develop creative solutions. Strong decision-making skills with the ability to make informed and timely decisions.
Adaptability: Ability to thrive in a fast-paced, dynamic environment and effectively manage multiple priorities and deadlines.
Preferred Qualifications
Master's degree and/or CPA certification.
Familiarity with construction accounting and project cost accounting is a plus.
Warren Whitney is a Virginia-based management consulting firm that specializes in interim and fractional executive leadership solutions, advisory services, contract management, consulting, and project work. With services focused on finance and accounting, human resources, technology and operations, and business strategy, we give organizations access to seasoned management talent who can help take your business in the right direction.
