Report to: Company President and CEO (with functional and fiduciary reporting relationship to CFO, EMCOR Construction Services)
Location: Farmingdale, NY
FLSA Status: Full-Time / Exempt
COMPANY OVERVIEW
Heritage Mechanical Services is one of the New York City Metropolitan area’s leading providers of high-performance end-to-end mechanical and HVAC airside solutions.
Backed by a 50-year reputation for exceptional quality, integrity, and on-time delivery, Heritage is the premier choice for projects ranging from Core and Shell Office Buildings, major tenant fit-out projects and Higher Education projects. Heritage has a long and successful history of projects in Health Care, Health Science and Laboratories.
Heritage provides drafting services for sheet metal and pipe, which include 2D and 3D drafting, building information modeling, Trimble and 3D scanning.
Heritage's sheet metal fabrication is state of the art, providing the latest technology in sheet metal fabrication, including Stainless Steel laser welding for High End Hospitals and Lab work.
Heritage provides fabrication and pipe installation services, self-performing all sheet metal and piping labor, and is one of the larger employers of Local 28 Sheet Metal Workers and Local 638 Steamfitters.
Our entire project management staff is LEED accredited. Safety is paramount at Heritage, with a New York City accredited Site Safety Manager overseeing all safety programs. Our current EMR is 0.68.
POSITION SUMMARY
The Chief Financial Officer (CFO) is responsible for directing the financial functions of the company in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, the Securities and Exchange Commission, and other regulatory and advisory organizations. The CFO is also accountable for the ongoing development and monitoring of control systems designed to preserve Company assets and report accurate financial results.
Compensation Range: $200,000 - $225,000 annual salary
Other Compensation: Discretionary Bonus in accordance with Company policy
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Practice and promote the Organization’s Code of Ethics in conducting business – both internally and externally.
- Possess an executive level knowledge and understanding of the financial, accounting, and operational functions of the organization, and support the CEO and executive management team in achieving the organization’s vision, goals, and objectives.
- Serve as a strategic partner to the Company CEO, proactively advancing key initiatives effectively and within agreed timelines.
- Help develop and implement short and long range business plans through budgets and forecasts.
- Motivate and advance the accounting and finance department to ensure alignment with the Company’s operational vision and empower direct reports to perform at higher levels.
- Drive Company project cost control policies and procedures; make improvements and train project managers on cost control where necessary.
- Lead the accounting department in Accounts Payables, Accounts Receivables, Payroll, HR; interface with Purchasing department as necessary.
- Develop processes/procedures necessary to ensure regulatory compliance, proper records maintenance, and adequate accounting controls in support of Company operations.
- Prepare for and lead monthly project reviews with CEO, executive staff, and project managers to evaluate job performance, assess risks, develop action plans, and update the book position of each project.
- Manage corporate cash flows and assist project management staff in managing cash on the project level.
- Guide and advise the accounting department in responding to internal and external audits; ensure Company compliance.
- Collaborate with peers and employees to leverage shared knowledge among departments and sister companies.
- Oversee IT function maintaining and safeguarding vital programs and infrastructure across all departments.
SUPERVISORY RESPONSIBILITIES
The CFO is responsible for managing, directing, and leading the Controller and the accounting and finance department, which includes Payroll. The CFO is also responsible for overseeing and driving Company project cost control processes and procedures.
EDUCATION AND EXPERIENCE
- MBA in accounting/finance, or related academic discipline, and/or CPA accreditation is strongly preferred.
- Professional experience as a corporate controller or CFO with 5-10 years of experience including progressive senior management positions in accounting or finance.
- Bachelor’s degree required in accounting/finance.
- Qualified candidates will possess construction industry and/or local market experience with understanding of percentage completion accounting and over/under billings calculations.
- Experience in a CPA firm with construction clients or in a construction firm or related industry is preferred.
- Strong working knowledge of FASB, SOX, IRS, Federal, State and City regulations as they apply to the essential functions of this position.
- Preferred familiarity with construction contract language and terms and construction accounting, including contracting process, project accounting, job costing, payroll, and experience in a union employee organization.
COMPUTER SKILLS
- Advanced Computer/Technical Skills with various accounting applications (life cycle of the accounting and finance departments)
REQUIRED ATTRIBUTES
- Ability to initiate actions and deliver on commitments in a timely, accurate manner.
- Ability and willingness to get into the details as needed. Hands-on approach preferred.
- Ability to work with the highest level of integrity and ethical standards.
- Commitment to Company values.
- Strategic approach with ability to understand local markets and specific aspects of business.
- Executive level written and verbal communication skills.
- Ability to work well and contribute as a partner in a team environment.
- Ability to lead people and get results through influence.
- Technical skills in accounting and finance within the level of experience for this position.
- Ability to improve processes, analyze, and solve problems on a proactive, strategic, and tactical level.
- Ability to effectively communicate, cooperate, and collaborate with multiple levels of employees, government agencies, general and subcontractors, and suppliers.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, see, talk, and hear. The employee is regularly required to use hands to finger, handle, or feel objects, tools, or controls. The employee is regularly required to walk, reach with hands and arms, climb or balance and stoop, kneel, crouch, or crawl. The employee may occasionally lift and/or move up to twenty-five (25) pounds.
Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.
We offer our employees a competitive salary and comprehensive benefits package and are always looking for individuals with the talent and skills required to contribute to our continued growth and success. Equal Opportunity Employer/Veterans/Disabled
Benefits: As a leading provider of mechanical and electrical construction, facilities services, and energy infrastructure, EMCOR Group is committed to its employees. This commitment is embodied in our competitive benefits package, which includes medical, dental, and vision coverage, as well as flexible spending accounts, life insurance, disability income, 401(k) Savings Plans, and employee assistance and wellness.
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