Building Industry Partners portfolio, , is seeking a to join their leadership team. This role holds a crucial position, contributing significantly to the growth and strategic direction of the business. Responsible for overseeing the financial operations of the holding company, the CFO also provides support to finance teams across a decentralized portfolio. We are seeking a finance professional with expertise in contract accounting, including WIP schedules and cost-to-complete calculations, to optimize finance processes and controls across our portfolios.
- Oversee all aspects of financial management, including financial planning, budgeting, forecasting, and reporting.
- Lead financial analysis and risk management activities to identify opportunities for cost savings and revenue enhancement.
- Provide timely and accurate monthly management/financial reporting and preparation of all the business reporting requirements to the holding/private equity firm.
- Develop financial reporting, management information, insightful analysis, and interpretation for the management teams.
- Lead the implementation of Sage Intacct throughout the portfolio and assist finance teams in effectively adopting and utilizing the tool.
- Implement and maintain robust financial controls and procedures to safeguard company assets and ensure compliance with regulatory requirements.
- Manage relationships with external stakeholders, including investors, lenders, auditors, and regulatory authorities.
- Drive process improvements and initiatives to streamline financial operations and enhance efficiency and effectiveness.
- Stay abreast of industry trends, economic developments, and regulatory changes that may impact the company's financial performance.
- Oversee the finance teams within the portfolios and ensure proper financial reporting.
- Develop and execute the company's financial strategy in alignment with overall business objectives.
- Provide sound commercial financial advice & analysis to the senior managers within the business.
- Manage and optimize the company's financial performance, liquidity, and cash flow.
- Lead the finance team, providing mentorship, guidance, and support to ensure high performance and professional development
- Manage relationships with external stakeholders, including investors, lenders, auditors, and regulatory authorities.
- Strong financial commercial acumen to help drive a business.
- Heavy experience in contract accounting including WIP schedules and cost to complete calculations.
- Experience with Sage Intacct or other similar accounting systems.
- Experience within the contracting industry (Construction, etc.) and those business models is critical.
- Bachelor's Degree in finance or related. CPA preferred.
- Experience working with a Board and/or Holding/Private Equity firm is preferred but not required.
- Strong experience in accounting, financial statements, budget and forecasting processes and internal control procedures.
- Knowledge of the statutory requirements for financial reporting.
- Strong communication, interpersonal skills.
Top Skills
What We Do
Building Industry Partners (“BIP”) is the leading private equity investment firm focused on the U.S. building industry. Founded by Matt Ogden in 2008, BIP is headquartered in Boston, with operating partners and advisors across the U.S.
Our purpose is to build exceptional and enduring businesses, generate world class investment returns, and contribute to elevating the building industry and its workforce through people-focused investment & business principles.
We help to build exceptional businesses, to realize the entrepreneurial visions of the industry's rising stars, and to increase shared prosperity amongst shareholders, management, and our broader workforce through broad-based employee ownership.
Over the past decade, BIP is proud to have been part of building some of the fastest growing and most dynamic businesses in the U.S. building industry’s middle market, including U.S. LBM Holdings, Kodiak Building Partners, Homewood Holdings, and U.S. Fence Solutions/Binford Supply.
