Burke Construction
Director of Finance
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Job Description
The Director of Finance is responsible for overseeing the financial operations, strategic financial planning, accounting, budgeting, forecasting, and financial reporting of Burke Construction Inc.
This position provides financial leadership to ensure the company's financial stability, profitability, cash flow management, and long-term growth. The Director of Finance works closely with executive leadership, project managers, operations, and other departments to monitor project performance, control costs, manage financial risks, and ensure compliance with applicable accounting standards and regulatory requirements.
Key Responsibilities
1. Financial Management & Strategic Planning
Develop and implement financial strategies aligned with company objectives.
Oversee the company's overall financial health and performance.
Provide financial analysis and recommendations to executive leadership.
Develop annual operating budgets and long-term financial forecasts.
Monitor financial performance and identify opportunities to improve profitability.
2. Accounting & Financial Reporting
Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger, payroll, and month-end closing.
Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements.
Maintain compliance with Generally Accepted Accounting Principles (GAAP).
Coordinate annual financial audits and tax preparation.
Establish and maintain effective internal financial controls.
3. Construction Financial Management
Monitor project budgets, job costs, and financial performance.
Analyze job costing reports, labor costs, materials, subcontractor expenses, and equipment costs.
Monitor project profitability, cost overruns, and percentage of completion.
Review work-in-progress (WIP) schedules and project financial forecasts.
Work with project managers to improve cost control and project financial performance.
Monitor contract values, change orders, retainage, and progress billings.
4. Cash Flow & Treasury Management
Oversee cash flow forecasting and working capital management.
Monitor customer collections and vendor payments.
Manage banking relationships, credit facilities, and financing arrangements.
Ensure adequate liquidity to support ongoing construction projects and business operations.
Identify opportunities to optimize cash flow and reduce financial exposure.
5. Risk Management & Compliance
Ensure compliance with federal, state, and local financial regulations.
Oversee insurance, bonding, and financial reporting requirements.
Monitor financial risks associated with construction contracts and projects.
Establish procedures to prevent fraud, financial mismanagement, and unauthorized expenditures.
Coordinate with external auditors, tax advisors, banks, and insurance providers.
6. Leadership & Team Management
Lead and develop the finance and accounting team.
Establish performance expectations and departmental goals.
Improve accounting processes, financial systems, and reporting procedures.
Collaborate with project management, procurement, operations, and executive leadership.
Qualifications & Requirements
Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
CPA, CMA, or MBA preferred.
Minimum 8–10 years of progressive financial management experience.
Previous experience in the construction industry strongly preferred.
Strong knowledge of construction accounting, job costing, WIP reporting, and percentage-of-completion accounting.
Experience with budgeting, forecasting, cash flow management, and financial analysis.
Knowledge of GAAP and internal financial controls.
Experience with construction accounting software and ERP systems.
Strong leadership, communication, analytical, and problem-solving skills.
Key Performance Indicators (KPIs)
The Director of Finance will be evaluated based on
Accuracy and timeliness of financial reporting.
Project gross profit margins and overall company profitability.
Cash flow forecasting accuracy.
Accounts receivable collections and aging.
Budget performance and cost control.
Project job-cost reporting accuracy.
Reduction of financial risks and operational inefficiencies.
Successful completion of annual audits.
Core Competencies
Strategic financial leadership
Construction accounting expertise
Financial planning and analysis
Cash flow and working capital management
Contract and project cost management
Risk management and compliance
Team leadership and communication
Business partnership and decision-making
Pay: $104,000.00 - $167,000.00 per year
Work Location: Remote
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