CFO/Business Operations Director

Job Description: CFO/Business Operations Director

Company: BHS Construction

Job Title: CFO/Business Operations Director

Job Classification: Exempt, Full-Time

Reporting Relationship: COO

Primary Accountabilities:

The CFO/Business Operations Director provides strategic financial and operational leadership, overseeing budgeting, forecasting, job costing, Work in Progress (WIP) reporting, and overall financial performance to support profitable, well-controlled project execution. The role manages all accounting and reporting functions, maintains strong internal controls, and ensures compliance with construction-specific standards. A key responsibility is leading enterprise risk management by identifying and mitigating project, financial, contractual, and operational risks – including cost volatility, subcontractor exposure, and bonding constraints. The CFO/Director drives operational efficiency through process and systems optimization and provides data-driven insights for informed, risk-adjusted decision-making. Additional duties include managing cash flow, capital structure, and banking and bonding relationships to ensure liquidity and project continuity, as well as overseeing contractual and commercial risk across projects.

Major Duties:

• Provides investment recommendations based on financial analysis, project performance, and strategic growth objectives.
• Conducts routine WIP (Work-in-Progress) analysis in collaboration with operations and accounting teams to ensure accurate project accounting and identify financial risks.
• Develops and implements tax strategies to optimize company-wide tax efficiency and compliance.
• Leads the annual budget process, providing insights, projections, and scenario analysis.
• Performs budget vs. actual analysis throughout the year, identifying pivot points and recommending adjustments in labor, expenses, and project allocations.
• Calculates bonding capacity and equity requirements, providing actionable recommendations to support project bidding and financial stability.
• Conducts benchmarking through peer group analysis, industry standards, and routine data comparisons to identify performance gaps and improvement opportunities.
• Prepares quarterly financial analyses, comparing performance against goals and identifying opportunities for operational or financial improvements.
• Develop financial models to assess the profitability of purchasing, using, and selling equipment for specific projects.
• Analyzes past projects to determine profitable staffing ratios, guiding resource allocation and workforce planning.

• Performs other financial related assignments as directed.

Required Qualifications:

• Bachelor’s degree in finance, Accounting, Construction Management, Business Administration, or a related field; MBA, CPA, or CMA preferred.
• 10 years of progressive financial and operational leadership experience within the construction industry or a closely related field, including experience with job costing, contract accounting, and project-based financial management.
• Deep knowledge of GAAP, construction-specific accounting practices (e.g., WIP reporting, percentage-of-completion), regulatory requirements, and bonding/insurance frameworks.
• Demonstrated ability to develop and manage budgets, forecasts, cash flow projections, and financial models that support multi-phase construction projects and long-term capital planning.
• Proven experience overseeing financial controls, compliance, and audit processes, with the ability to strengthen internal controls and implement risk-mitigation procedures across field and office operations.
• Strong background in enterprise risk management—identifying, assessing, and mitigating project, financial, safety, and operational risks, including subcontractor risk, cost escalation, schedule delays, and contract exposure.
• Proficiency with construction financial systems (e.g., Viewpoint, CMiC, Sage 300, Procore financials) and the ability to leverage technology to improve reporting accuracy, operational efficiency, and risk visibility.
• Experience managing cash flow, bonding capacity, credit lines, and capital structure with a focus on maintaining liquidity and protecting project continuity under varying market conditions.
• Demonstrated success leading cross-functional teams, collaborating with project managers, estimators, and field leadership, and ensuring financial accountability across all project phases.
• Strong communication, negotiation, and relationship-building skills, including the ability to interface with owners, lenders, bonding agencies, insurers, auditors, and regulatory bodies.
• Experience supporting or leading major initiatives such as process optimization, ERP transitions, or acquisitions, while embedding risk-mitigation and change-management practices throughout execution.

Physical Demands:

• Primarily office-based role with periodic visits to active construction sites.
• Regular sitting, standing, and walking throughout the workday.
• Ability to lift, carry, and move files, laptops, and materials up to 20 pounds.
• Walking on uneven terrain, climbing stairs or temporary structures during site visits.
• Ability to wear and utilize required personal protective equipment (PPE) such as hard hats, safety glasses, and safety footwear.
• Sufficient visual acuity to review documents, financial reports, and computer screens.
• Clear verbal and written communication abilities for meetings, presentations, and field coordination.

• Ability to travel between job sites, project offices, and company locations as needed.

Work Environment:

• Professional and deadline-oriented environment.
• Occasionally exposed to wet and /or humid conditions, heat and cold exposure
• The noise level in work environment is usually low to moderate in the office and moderate to high in the field.

Additional Duties:

Additional duties and responsibilities may be added to this job description at any time. The job description does not state or imply that these are the only activities to be performed by the employee(s) holding this position. Employees are required to follow any other job-related instructions and to perform any other job-related responsibilities as requested by their supervisor.

Key Task: