What are the responsibilities and job description for the Chief Financial Officer position at Pierson Wireless?
COMPANY DESCRIPTION
Pierson Wireless is a leading telecommunication systems integrator specializing in cellular enhancement, private data networks, public safety communication systems, and network maintenance. Serving various industries such as healthcare, education, transportation, and entertainment, we provide tailored solutions with a customer-first approach. Headquartered in Omaha, with additional operations centers in Charlotte and Minneapolis, we are strategically positioned to support clients nationwide.
ROLE DESCRIPTION
Our Chief Financial Officer (CFO) is responsible for overseeing all financial operations and strategy of Pierson Wireless and its various business units. This role involves managing financial planning, risk management, and ensuring compliance with financial regulations. The CFO will work closely with the leadership of the organization to drive the company's financial success and growth.
DUTIES AND RESPONSIBILITIES:
- Financial Strategy and Planning
- Develop and implement financial strategies to support the company's and specific business units’ goals and objectives.
- Oversee the preparation and management of budgets, forecasts, and financial plans.
- Analyze financial data and market trends to inform strategic decisions.
- Financial Reporting and Compliance
- Ensure accurate and timely preparation of financial statements, reports, and analyses.
- Maintain compliance with all financial regulations, including tax laws and reporting requirements.
- Work with external auditors, tax professionals, and bonding/insurance providers to ensure proper coverage, implementation and compliance.
- Cash Flow and Asset Management
- Manage cash flow to ensure the company has sufficient liquidity for operations and investments.
- Oversee the management of company assets, including real estate, equipment, and investments.
- Implement strategies to optimize asset utilization and return on investment.
- Risk Management
- Identify and mitigate financial risks associated with construction projects and operations.
- Oversee insurance coverage and surety bonding to protect the company from unforeseen events.
- Conduct contract risk assessments to identify potential financial liabilities.
- Construction Financial Management
- Deep knowledge of job costing, WIP (Work-in-Progress) schedules, percentage-of-completion accounting, and retention billing.
- Designing and monitoring systems to control labor, materials, equipment, and subcontractor costs
- Integration with project management teams for real-time updates
- Mastery of job costing methods
- Understanding of cost codes, cost-to-complete, and earned value analysis
- ERP and Accounting Software Expertise
- Verify system choice and/or experience in selecting and implementation of new systems and technology initiatives.
- Construction Tax Compliance
- Expertise in revenue recognition (percentage-of-completion, completed contract), muti-state taxes, managing sales/use tax, retainage, and/or tax requirements
- Team Leadership and Development
- Lead and mentor the finance and accounting team, fostering a culture of excellence and continuous improvement.
- Oversee the training, and development of financial staff.
- Promote collaboration and effective communication within the finance team and across departments / business units.
- Stakeholder Engagement
- Build and maintain relationships with business unit leaders, lenders, and other financial stakeholders.
- Negotiate financing terms and agreements to support company growth and operations.
- Represent the company in internal and external financial discussions and presentations.
- Clocks in and out for activities throughout the day in Pierson Wireless’ project management cloud solution.
- Abides by all policies and procedures as identified in the Pierson Wireless handbook.
SUPERVISORY RESPONSIBILITIES:
- Directly supervises our team within the accounting department.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
BENEFITS:
- Competitive salary
- Medical, Vision, and Dental insurance - EMPLOYER pays 100% of employees' premiums
- 401(k) retirement savings with employer match - eligible after 90 days
- EMPLOYER provided Short term / Long term disability, Life insurance and Accidental Death & Dismemberment after 1 year
- Meal stipend while traveling
- Paid travel time
- Paid training/certifications
- Paid vacation
- Paid holidays
EDUCATION/EXPERIENCE QUALIFICATIONS:
- 10 years of experience in financial management in commercial construction.
- Bachelor’s or master’s degree in accounting & finance.
- Proven Track record of success in strategic financial planning and management.
- Solid knowledge database of processes and procedures to track and manage project job costing and business unit profitability.
- Strong leadership and interpersonal skills.
- Excellent analytical and problem-solving abilities.
- High level proficiency in financial forecasting, budgeting, and reporting.
- Preferred knowledge of wireless industry, financial practices and regulations.
- AccountEdge and/or Vista software experience preferred but not required
DEMANDS AND WORK ENVIRONMENT:
- Workspace
- Office / cubicle workspace with moderate noise level, five days a week.
- Hours of Work/Travel
- N/A
- Physical Activity
- N/A