CFO
- Employer
- Thorstad Companies
- Location
- Chokio, Minnesota
- Salary
- DOE
View more
- Industry
- Financial Services and Banking
- Role
- Executive
- Job Type
- Long-Term
- Hours
- Full Time
Love your job but looking for a new challenge?
Our growing construction company wants to talk to you!
About us
The pride of our company is our people. Their skills and dedication tsafety, integrity, innovation and quality are what makes us successful. Which is why, when it comes tour employees, we are committed tproviding career opportunities designed with them in mind.
Thorstad Companies is an expanding general contractor, focused on providing the best construction value. We achieve this mission through our unwavering commitment tbuilding quality relationships with our employees, customers, vendors, subcontractors and the communities in which we live and work. Our focus is in renewable energy construction.
The big picture
The Vice President Finance/ CFwill be responsible for overseeing budget and financial reporting and strategies for the company. This will include a mix of leadership and hands on work such as completing month and quarter end financial statements, working with President on job costing, cashflow and budget projections and leading financial personnel for tw construction companies.
What you will be doing
Financial Analysis, Budgeting and Forecasting
- Take a hands-on position in maintaining a comprehensive job cost system and preparing job cost reports.
- Prepare and present as needed monthly financial budgeting reports including monthly profit and loss, forecast vs. budget.
- Review and analyze monthly financial results and provide recommendations. Develop and maintain monthly, and yearly operating budget.
Accounting, General Ledger, Administration
- Review and ensure application of appropriate internal controls, compliance and financial procedures.
- Ensure timeliness and accuracy of financial and management reporting data. Conduct month end and quarter end close out process and communicate financial statements
- Oversee the preparation and timely filing of all local, state and federal tax returns.
- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits or inquiries.
Financial Management and Relations
- Manage cash flow process and ensure funds availability. Including
- daily/monthly cash management, approval of payables and initiating wire transfers.
- Maintain outstanding banking relationships, bonding relationship and strategic alliances with vendors and business partners and provide financial reporting as needed.
- Work with leadership team on strategic planning and achievement of company mission and goals.
Lead Financial Personnel
- Provide leadership and supervision for Accounting and payroll personnel. Leads and manages activities through employees and/or hired firms.
- Conduct employee assessment, review and feedback as needed and on a semi annual basis to provide mentoring, coaching and rewards for continued employee development.
Legal, Insurance and Risk Management
- Client and subcontractor contract reviews and approval.
- Reviewing vendor applications.
- Manage insurance and state licenses and qualifications.
- Actively participate in risk management for the company, including review of contracts, etc.
- Build relationships and personify company culture
- Develop and maintain relationships with key partners including customers, banks, bonding, insurance, title companies, etc. that will support and grow the business
- Daily, set exemplary standards of ethics and stewardship of company resources, function as a team player and help maintain trust and communication.
- Strives texhibit and apply company values tall interactions and build/maintain relationships with company stakeholders (employees, clients, subcontractors, community members, regulatory bodies, etc.).
- Take on additional responsibilities should the organization require them t achieve success.
Required qualifications
- Bachelors degree in Accounting, Business Administration or Finance required. Eight to ten years of experience in financial management required.
- Experience in construction industry
- Strong interpersonal, team building, communication, problem solving, planning and leadership skills.
- Excellent analytical and organizational skills.
- Proficient in database and accounting computer application systems.
Preferred qualifications
- Master’s degree in Business Administration, Accounting, or Finance.
- CPA
- Experience in Sage, Computer Ease, HCSS.
Benefits:
A comprehensive benefit package and competitive compensation is available for this position.
Click Apply Today!
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