Chief Financial Officer

Lancaster Group is a growing multi-trade construction company is seeking an experienced Chief Financial Officer (CFO) to provide strong financial leadership, strengthen financial controls and reporting, and support the continued growth of the organization.Reporting directly to the President and ownership group, the CFO will be a key member of the senior leadership team, acting as a trusted financial partner to the President and the business.This role requires more than strong technical financial expertise. We are seeking a confident, hands-on leader who can manage and develop a finance team, work effectively with ownership, managers and operational teams, and translate complex financial information into clear, practical business direction.The ideal candidate will have strong experience in a multi-trade, unionized construction environment and understand the financial complexities associated with project-based work, multiple trades, collective agreements, labour costing, job costing, and project profitability.The organization is currently transitioning from Sage 300 Construction and Real Estate (Timberline) to Maestro ERP. The CFO will play an important role in supporting the financial side of this transition and ensuring strong financial processes, controls, reporting and data integrity within the new system. The CFO will also follow through with a new structured bonus plan initiative and set budgets within the organization.Key Responsibilities
Financial Leadership and Strategy
Lead the company's overall financial strategy, planning and reportingAct as a trusted financial advisor to ownership and senior leadershipProvide timely, accurate financial information and analysis to support business decisionsClearly communicate financial performance, risks, trends and opportunitiesLead annual budgeting, forecasting and long-term financial planningProvide financial guidance to support strategic decisions and continued growthDevelop and monitor financial KPIs, dashboards and management reportingIdentify financial concerns proactively and bring forward practical recommendations and solutionsFinancial Reporting and Controls
Oversee monthly, quarterly and annual financial reportingEnsure the accuracy and integrity of financial statements and management reportingEstablish and maintain strong financial controls, policies and proceduresOversee cash flow, working capital, banking and treasury functionsStrengthen cost controls and financial accountability across the organizationManage relationships with external accountants, financial institutions, insurers and other financial partnersEnsure compliance with applicable accounting, tax and regulatory requirementsConstruction and Project Financial Management
Oversee project financial reporting, job costing, WIP and profitability analysisMonitor project margins, costs, commitments and overall financial performanceOversee progress billing and other construction-related financial processesWork collaboratively with project managers and operational leaders to strengthen forecasting, cost control and financial accountabilityEnsure accurate and timely job costing and financial reporting across projectsAnalyze project performance and identify financial risks, cost overruns and margin opportunitiesImprove visibility into project performance and overall company profitabilityMulti Trade and Union Financial Management
Understand the financial complexities of operating across multiple construction tradesUnderstand labour costing, labour burden, union-related costs and their impact on project profitabilitySupport accurate costing and financial administration in an environment involving multiple collective agreements and labour structuresWork effectively with finance, project management and operations to ensure labour costs are appropriately captured, allocated and reportedUnderstand how varying trade and labour requirements affect estimating, forecasting, job costing and project financial performanceERP and Process Improvement
Provide financial leadership during the transition from Sage 300 to Maestro ERPEnsure appropriate financial controls, processes and reporting are established within the ERPSupport data integrity and accurate financial reporting throughout the transitionIdentify opportunities to streamline financial workflows and improve reportingWork collaboratively with internal teams to support successful ERP adoptionEstablish scalable financial processes and systems that support continued company growthLeadership and Team Development
Provide strong, visible leadership to the finance and accounting teamLead, mentor, coach and develop team membersEstablish clear expectations and hold the finance team accountable for resultsBuild a strong, capable and accountable finance functionCommunicate expectations, priorities and financial information clearly and effectivelyBuild strong working relationships with ownership, senior leadership, project managers, operations and employees across the organizationAddress issues directly and constructively and drive matters through to resolutionFoster a collaborative, professional and results-focused environmentLead by example and promote accountability, accuracy and continuous improvementThe Ideal Candidate
As the ideal candidate, you are an experienced and visionary leader with strategic thinking and strong interpersonal skills, and the ability to communicate effectively at all levels of an organization. This includes the ability to explain complex financial information clearly to both financial and non-financial stakeholders and a proven ability to lead, develop and hold teams accountable. Preferably, you bring significant senior financial leadership experience at the CFO, VP Finance or senior Controller level in a multi-trade construction environment, having worked within a unionized construction environment and through multiple collective agreements.Qualifications and Required Experience:
We recognize that no one candidate is likely to meet all qualifications in equal measure. Those listed below are desirable and will be used to compare candidates.CPA designation is requiredMinimum 5 years of progressive financial leadership experience within construction or a closely related project-based industryMinimum 4 years of progressive financial leadership experience within multi-trade construction environmentsMinimum 3 years of unionized construction environment experienceMinimum 3 years of experience in job costing, WIP, project margins, and construction accountingConstruction operational skills and COR recertification are assetsStrong knowledge of construction accounting, job costing, WIP, labour costing, project margins, progress billing, cash flow and forecastingDemonstrated ability to understand project financial performance and work effectively with project and operational teamsDemonstrated experience with budgeting, forecasting, financial analysis and internal controlsExperience with ERP implementation, conversion or significant system improvementExperience with Sage 300 Construction and Real Estate (Timberline) and/or Maestro ERP is an assetConfident and comfortable challenging assumptions, raising concerns and providing practical financial recommendationsComfortable working in a growing, hands-on and fast-paced construction environmentYou are someone with:
The ability to build and lead a high-performing team and engage with internal and external stakeholders to achieve goals and outcomesThe ability to effectively explain decisions and bring clarity to complex issues to a variety of audiences, including boardsA high capacity to balance multiple priorities while being responsive, including maintaining ROCE and all government grants and incentivesA growth-oriented mindset, both organic and acquisitionExcellent verbal and written communication skillsStrong analytical, problem-solving and decision-making skillsSalary and Benefits
Salary: From CAD $200,000.00 annuallyThe successful candidate will receive extended health care, paid time off, access to engaging company events, and on-site parking.
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