Director of Treasury

What we are looking for:

Aldridge is looking for a Director of Treasury to manage the cash management function to include cash flow projections and budgets, cash management strategies, analyzing and improving accounts receivable management and collection performance, cash reporting, and coordinating credit / borrowing as may be required.

What you’ll do:

Duties including:

• Engage project management and project accounting to improve project based cash forecasting to improve billing and collection processes
• Develop lines of direct contact with project management and customers.
• Leverage contract language around payment terms and dispute resolution provisions weekly to minimize aging receivables and underbilling.
• Model weekly and monthly cash flows to project working capital requirements
• Train and audit operational leaders in cash management techniques, billing and receivable management, and cash forecasting techniques at the project level.
• Negotiate and execute debt agreements to support long-term financing strategy and ISDA agreements to manage commodity hedging portfolio
• Manage debt financing requirements through line of credit borrowings and an investment policy as directed by Aldridge ownership
• Perform routine subcontractor and project owner financial assessments.
• Evaluate financial health, payment history, banking/bonding capacity, and referrals to develop recommendations on contract size and risk mitigation strategies for questionable partners.
• Recommend, implement and maintain process improvements.

Who you are:

We are pursuing professionals with the following qualifications:

• Bachelor’s Degree in Accounting or Finance, or equivalent educational background, with a CPA preferred
• Experience in building and maintaining complex financial models to evaluate financial covenants and metrics, cash forecasts, and trends.
• Experience engaging financial lenders, negotiating debt agreements, executing commodity hedging, and managing interest rate risk
• Strong written and verbal communication skills, experience engaging and presenting to senior leadership.
• Minimum 5 years management experience (functional and people management responsibilities).
• Construction or Utility experience preferred, advanced Excel skills required.
• Success working proactively and as a team player

Who we are:

Aldridge, a family owned company, is one of the largest specialty contractors in the US, dealing in the power and transportation markets. We have built a reputation as a trusted source in the construction industry, with 70 years in business, 1,300 employees, and offices and job sites nationwide. Our continued success is attributed to our commitment to quality, attention to project planning, and dedication to an Incident and Injury Free (IIF) culture.
Aldridge’s mission is to build and strengthen America’s infrastructure, and that starts with building the strongest team. We have sustained significant growth and foresee that continuing for years to come. Our ability to execute difficult projects is made possible by engaging passionate, forward thinking, and innovative people.

What we offer:

At Aldridge, you will be a valued member of our workforce and receive:

• 401(k) plan with matching contributions
• Competitive Salaries
• Health, Vision, and Dental Insurance
• Paid Time Off
• Health Savings Account and Flexible Spending Account
• Health Wellness Programs
• Life and Disability Insurance

Aldridge cares about our team members and the communities in which they live. We are proud to support and participate in:

• JDRF
• Bridges to Prosperity
• Bucks for Burn
• Special Olympics’ Polar Plunge
• Feed My Starving Children
• Greenhouse Scholars

This job-specific task list covers only the most important job duties. Employees assigned to this position title will also perform other occasional work assignments not mentioned above, including temporary assignments, training assignments, and other related duties. Aldridge is an EEO Employer and will recruit, hire, train, and promote persons in all job classifications without regard to race, color, national origin, age, religion, disability status, gender, sexual orientation, gender identity, genetic information, veteran status, marital status, or any other characteristic protected by law.