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Chief Financial Officer
Chief Financial OfficerEMCOR Group • Raleigh, NC, US
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Chief Financial Officer

Chief Financial Officer

EMCOR Group • Raleigh, NC, US
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  • [job_card.full_time]
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Chief Financial Officer

EMCOR Mechanical Services has an immediate opening for a Chief Financial Officer supporting three Operating Companies. This position may be located in Raleigh, North Carolina or Clemmons, NC with travel required. The Chief Financial Officer is the finance business partner and leads the organization's financial planning and reporting, strategic initiatives, IT activities, and accounting practices and internal controls. This is a key role responsible for concisely and accurately communicating the financial health of the company to business leaders, stakeholders, and segment leadership.

This position will lead the financial oversight for Bahnson Mechanical Systems, Mechanical Specialties Contractors and Environmental Specialties.

EMCOR Mechanical Services (EMS) is a part of EMCOR Group, Inc., a Fortune 500 company. EMS' companies recommend, install, and maintain cutting-edge mechanical systems for today's high-performance requirements, regardless of the brand.

Our nationwide network of companies has teams of professional technicians that can recommend upgrades and spot operating according to clients' requirements.

Bahnson Mechanical Systems is a diversified designer, supplier, installer, and servicer of engineered air systems and components with systems designs and building automation.

They also provide commissioning and recommissioning services, analyzing and confirming that systems are designed and operating for the industrial, life sciences, manufacturing, and mission critical markets. Our air treatment systems help control all internal conditions, including temperature, relative humidity, cleanliness, and ventilation.

Mechanical Specialties Contractors, Inc. is a leader in the fabrication and installation of high purity and process piping systems. We provide high-performance solutions for clients whose production and other processes require highly efficient and reliable piping systems.

Environmental Specialties, LLC is a leader in the design, manufacturing, installation, and servicing of a diverse line of controlled environmental chambers. Our walk-in rooms and reach-in chambers are specifically constructed to maintain the stringent environmental conditions required for a wide range of specialized research, development, and manufacturing activities.

Parent company: EMCOR Group, Inc., a Fortune 500 company.

Essential Duties & Responsibilities

  • Lead, direct, and manage the finance, accounting, human resources, and IT teams.
  • Oversee accounting, credit/collections, budgeting, Sarbanes Oxley documentation, tax, treasury, purchasing, capital planning, forecasting, information systems, and financial reporting activities and functions for the organization.
  • Lead the accounting team in developing and implementing procedures and ERP system applications to ensure accurate recordkeeping, strong internal controls, and effective support for operations management in making informed business decisions.
  • Oversee the development and management of the company's annual budget and quarterly financial forecasts, ensuring alignment with strategic goals and providing actionable insights to support executive decision-making. Maintains a deep understanding of the business and continuously monitors financial performance against the plan and forecast to ensure the organization stays on track.
  • Conduct monthly WIP reviews with project managers and divisional leaders to evaluate job performance, assess risks, and proactively manage change orders.
  • Conduct quarterly reviews of indirect budgets to ensure accurate job costing, full absorption of indirect costs, and timely updates to labor rates integrated into pricing and estimating tools.
  • Analyze, consolidate, and direct all cost accounting procedures together with other statistical reporting to accurately report operational results.
  • Partner with the leadership group to drive strategic planning, align financial objectives with organizational goals and provide data-driven insights to guide growth, investment, and risk mitigation.
  • Monitor and report on financial performance by developing and evaluating key performance indicators to proactively manage the business and mitigate emerging issues.
  • Direct the activities surrounding custodian of funds and assets of the organization, including inventory control.
  • Appraise the organization's financial position and issues periodic reports on organization's financial stability, profitability trending, cash flow, and targeted growth.
  • Coordinate tax and risk management reporting programs to corporate.
  • Coordinate with internal/external auditors, when applicable, to ensure successful engagement, provide requested materials/schedules, and information needed to support the audit.
  • Direct and analyze studies of general economic, business, and financial conditions and their impact on the organization's policies and operations to identify business enhancements or resource rationalization.
  • Analyze operational issues impacting functional groups or the whole institution, determining risk assessment, the financial impact, and ultimately actions required to mitigate such risks.
  • Evaluate and recommend business partnering opportunities.
  • Lead the development and maintenance of an Emergency Action Plan (EAP) to ensure effective response during business disruptions
  • Oversee the proper handling of risk management claims against the company working with corporate risk management resources.

Qualifications

  • Bachelor's degree in Finance or Accounting related field required, Master's degree or CPA or equivalent professional certifications preferred
  • Minimum of 8 years Accounting / Finance experience
  • Previous VP of Finance, Controller, or CFO experience required
  • Previous experience in HVAC or like Construction / Services related industries required
  • Experience with percentage-of-completion project (WIP) accounting
  • Fundamental knowledge of GAAP and Sarbanes Oxley
  • Experience managing a team of direct reports
  • Ability to effectively communicate - written and verbal
  • Strong working knowledge of Microsoft Excel required
  • Familiarity with One Stream or like consolidation reporting software

Reasoning - Ability to define a problem, collect required data, establish facts, and draw valid conclusions. Effectively interpret abstract and concrete information along with a variety of technical or graphical variables.

Communication - Ability to read, analyze, and interpret complex contract documents. Effectively respond to the most sensitive inquiries or complaints. Write communications using original or innovative techniques or style. Conduct effective and persuasive presentations on controversial or complex topics to top management and business unit headquarters.

Equal Opportunity Employer

As a leading provider of mechanical and electrical construction, facilities services, and energy infrastructure, we offer employees a competitive salary and benefits package and we are always looking for individuals with the talent and skills required to contribute to our continued growth and success. Equal Opportunity Employer/Veterans/Disabled

Notice to Prospective Employees

Notice to prospective employees: There have been fraudulent postings and emails regarding job openings. EMCOR Group and its companies list open positions here. Please check our available positions to confirm that a post or email is genuine. EMCOR Group and its companies do not reach out to individuals to help with marketing or other similar services. If an individual is contacted for services outside of EMCOR's normal application process it is probably fraudulent.

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