24 Oct
|
Niacon
|
Niagara Falls
24 Oct
Niacon
Niagara Falls
The Arrangement:
- Time commitment: 1 day (8 hours) per week. Potential to expand an additional day per week.
- Location: Our Niagara Region office
- Schedule: Flexible, with days and hours to be agreed upon
- Compensation: $84/hour based on experience
- Additional compensation and benefits: potential eligibility for benefits, employer-matched RRSP contributions, and other arrangements, subject to discussion
Company Overview:
We are an established, Niagara-based general contracting and construction management company serving a diverse range of clients and projects throughout Southern Ontario. Our business is built on strong relationships, sound construction management, financial discipline and a commitment to delivering quality projects. We have a young, driven leadership team and are focused on building a robust foundation for the company’s continued growth and long-term success.
We operate an integrated Sage and Procore project accounting and management system. We are looking for a finance leader who understands how to leverage these systems to strengthen job-cost reporting, work-in-progress (WIP) analysis, forecasting and management decision-making.
The Opportunity:
We are seeking an experienced Chartered Professional Accountant (CPA) to join our team in a part-time CFO capacity, working approximately one to two days per week from our Niagara office. You will work directly alongside our leadership team, sharing your experience, strengthening financial oversight, and helping develop the financial reporting and management practices that support the company’s continued success.
This position may be particularly appealing to someone who is recently retired, approaching retirement, working independently as a consultant, or currently holding a part-time position and looking for an additional opportunity to contribute their expertise.
Key Responsibilities:
1. Financial Reporting and Oversight
- Oversee the preparation and review of monthly financial statements and management reports
- Coordinate annual financial statements and work with external accountants and auditors as required
- Review accounting procedures, internal controls, and financial reporting processes
- Provide financial insight and guidance to leadership team
2. Construction Accounting and Job Costing
- Review of work-in-progress (WIP) schedules and percentages-of-completion reporting
- Oversee job-cost reporting, project profitability analysis, and cost-to-complete forecasting.
- Review project budgets, committed costs, estimated costs to complete, and projected margins.
- Help identify financial risks and emerging project issues before they become problems.
- Support accurate reporting of project profitability across both construction management and stipulated-price contracting work.
3. Sage and Procore Systems Integration
- Understand and leverage our integrated Sage and Procore project accounting and management system
- Ensure project-level financial information is accurately reflected in accounting reports and management financial statements.
- Work with accounting and project management staff to improve the flow, accuracy, and consistency of financial data between systems.
- Develop reliable reporting processes that connect project budgets, commitments, actual costs, forecasts, WIP, and cash flow.
- Identify opportunities to improve reporting, controls, and system utilization to support better financial and operational decisions.
4. Cash Flow and Working Capital Management
- Prepare and review cash flow forecasts and cash flow reporting.
- Monitor working capital, accounts receivable, accounts payable, and collections.
- Provide oversight of construction holdbacks, statutory payment obligations, and lien-related financial processes.
- Help improve cash flow visibility and financial planning across the business.
5.
Construction Legislation and Compliance
- Maintain a working knowledge of Ontario’s Construction Act, including lien rights, statutory holdbacks, and prompt-payment requirements.
- Understand the legislative reforms introduced through Bill 142 and their implications for Ontario construction businesses.
- Advise management on relevant financial compliance requirements and construction-industry best practices.
6. Management Reporting and Key Performance Indicators (KPIs)
- Develop and monitor meaningful financial and operational KPIs.
- Provide clear reporting on gross profit, overhead, profitability, cash flow, WIP, and project performance.
- Help management understand the numbers behind business performance and identify opportunities for improvement.
- Support budgeting, forecasting, financial planning, and strategic decision-making.
- Provide concise, practical financial reporting that enables the leadership team to identify issues and make timely, informed decisions.
Qualifications and Experience:
- CPA designation (formerly CA, CMA, or CGA).
- Significant experience in a senior accounting, controller, finance director, or CFO role.
- Direct experience with general contracting, construction management, or the construction industry.
- Strong understanding of construction accounting, WIP, job costing, holdbacks, and cash flow management
- Familiarity with Ontario’s Construction Act and the legislative reforms associated with Bill 142.
- Experience with Sage accounting systems and construction project-management platforms.
- Experience with integrated accounting and project management systems, ideally Sage and Procore, and the ability to turn project data into reliable financial reporting.
- Strong analytical skills and the ability to communicate financial information clearly to non-financial managers.
- A practical, hands-on approach and the ability to work effectively with a young, driven leadership tea
Pay: $84.00 per hour
Expected hours: 8.0 per week
Work Location: In person
📌 Part-Time Chief Financial Officer (CFO) (Niagara Falls)
🏢 Niacon
📍 Niagara Falls