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Thompson Solutions Group Chief Financial Officer/Treasurer in Sioux City, Iowa

Chief Financial Officer/Treasurer

Summary

Title:Chief Financial Officer/Treasurer

ID:1070

Location:Sioux City, IA

Department:Executive

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Description

TheChief Financial Office (CFO)is responsible for leading financial strategy and driving the company's long-term success. This position steers financial governance, serves as the Treasurer of the Board, and is key in fostering a culture of financial discipline, ethical conduct and integrity, and innovation. The CFO/Treasurer is a key member of the executive team, contributing to strategic decision-making and leading the company's overall direction. About Us Thompson Solutions Group is an industry-leading electrical and mechanical contractor and technology integrator that connects Midwest businesses to future success through innovative and sustainable custom solutions focused on quality, efficiency, safety, and security. The strength of our work culture lies with our people. We strive to provide an empowering environment built on trust, loyalty and family values. We are committed to hiring team members who are passionate about electrical and mechanical construction, cutting edge technology and providing the best solutions for our business partners. What You Will Do

  • Monitor and report on key financial and operational metrics at both company and department level, highlighting trends, risks, and opportunities. Collaborate with cross-functional teams to gather relevant data and insights for financial planning and analysis.

  • Evaluate and analyze key financial metrics, identifying areas for margin and cost improvement and optimization.

  • Provide leadership and direction to the operations team and strategic vision for the technology needs of the company.

  • Collaborate with various stakeholders and teams to provide actionable insights and recommendations that drive business growth, performance improvement, organizational efficiencies, and optimize financial outcomes.

  • Develop, implement, and maintain financial models, forecasts, and budgets for the organization, incorporating historical data, market trends, industry and division analysis, and business objectives.

  • Implement and maintain robust financial controls and processes to mitigate risk and safeguard company assets.

  • Stay up to date on industry trends and market conditions to inform financial planning and perform product/service pricing/mix analysis to assess profitability.

  • Oversee accounting systems to ensure compliance with GAAP standards and regulations, maintaining accurate financial records.

  • Maintain controls for accounting systems, safeguarding confidential information.

  • Manage annual financial audits and ensure regulatory compliance.

  • Recommend performance benchmarks and produce annual budgets and forecasts.

  • Provide financial analysis and recommendations to support strategic initiatives, capital investments, and new products/services or market expansion. Perform modality profitability analysis. Develop multi-year financial models for strategic planning.

  • Lead ad hoc financial modeling and reporting for special projects.

  • Develop policies, processes, and systems to support organizational growth.

  • Manage relationships and ensure sound services with legal counsel, government agencies, insurance and risk management firms, and banking and bonding companies. Oversee all company finances to determine short and long-term strategies t increase cash flow and pay off debt.

    What You Will Bring

  • Bachelor’s degree required, master’s degree preferred, in Finance, Accounting, Economics, or related field of study; 10+ years of relevant and progressive experience leading company financial initiatives, executing strategic implementation, and corporate financial risk management practices; or the equivalent of education and experience to meet the essential functions of the position. Experience and broad knowledge of the construction industry preferred.

  • Strong strategic and analytical skills, with the ability to translate financial data into actionable insights.

  • Strong business acumen and ability to understand the industry’s dynamics and key drivers.

  • Excellent leadership and communication skills, with a track record of building high-performing teams.

  • Demonstrated ability to drive results and achieve financial targets in a rapidly evolving industry landscape.

  • Thorough knowledge of GAAP and financial reporting standards.

  • Be a culture champion and someone who thrives in a blue-collar environment where rolling up your sleeves and having a strong work ethic are valued.

  • Strong ethics and personal integrity are required.

  • Must be proficient in MS Office, particularly Excel, and financial software application and ERP systems.

  • Must be able to work with sensitive information and maintain strict confidentiality.

  • Excellent written and oral communication skills with the ability to convey complex information across all levels and actively participate in company-wide decision making.

  • Must be flexible in adapting to changing and challenging situations.

  • Experience with an ESOP company would be great, but not a key qualification.

  • Must possess and maintain a valid driver’s license with the ability to travel to other office locations.

  • Physical demands include the ability to lift and/or move up to 25 lbs; must be able to sit for long periods of time, reach with hands and arms and frequently use hands and fingers to handle or feel tools, objects, and controls.

    What You'll Get

  • Competitive compensation package

  • Comprehensive benefits including medical, dental, vision, life, short and long-term disability

  • Retirement benefits including 401k with company match and ESOP

  • Paid holidays, PTO vacation and personal days, paid volunteer day

  • Gym reimbursement and wellness incentive

  • Professional development

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