VP Finance (Newport Beach) Job at McCarthy Building Companies, Inc., Newport Beach, CA

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  • McCarthy Building Companies, Inc.
  • Newport Beach, CA

Job Description

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Pay found in job post

Retrieved from the description.

Base pay range

$190,000.00/yr - $220,000.00/yr

McCarthy Building Companies, Inc. is America's premier, 100% employee-owned commercial construction company. With offices nationwide, we specialize in a wide range of project types that are as diverse and wide-ranging as the communities in which we build. Our innovative teams collaborate with clients and industry partners throughout the project life cycle, starting in the earliest stages of design, throughout construction and beyond project completion.

McCarthys reputation for tackling the toughest building challenges starts with our focus on developing high-performing individuals and teams. We do this through our award-winning training programs, a best-in-class Total Rewards benefits program, and a focus on equipping diverse teams of employee owners through a connected and inclusive culture aligned with our values of: Genuine. We, Not I. All In.

How do McCarthy partners define our culture?

We Live Our Core Values. We do whatever it takes to deliver on our promises with honesty and integrity.

We are Employee Owned. We are personally invested in building the things people need in our communities.

We Feel Like a Family. We value genuine connections and help each other succeed in an inclusive environment.

We are Builders. We respect the work we do and everyone who helps make it happen safely.

Position Summary

The Vice President of Finance is the financial leader for our Southern Pacific (SoPac) Region, a key group within McCarthy, which encompasses large scale commercial and civil construction.

The VP Finance is expected to participate in the overall management of the Region and serve as a business partner to the Regional CEO, Regional COO, and the entire management team in developing and implementing growth and operational improvement strategies for the business. The VP Finance reports to the Regional CEO and indirectly to the Chief Financial Officer. This role contributes to the overall success of the Region by effectively understanding and communicating the risk profile of the business.

Key Responsibilities

Financial Analysis & Monitoring

  • Analyze Regions financial results with respect to profits, trends, costs and compliance with general & administrative budgets.
  • Provide the Regional leadership team with proactive analysis, feedback and input on project performance.
  • Evaluate potential joint venture partner financial capability.
  • Manage the preparation of Regional joint venture financial statements and other related financial analyses and forecasts.
  • Manage statistical methods and quantitative analysis with ability to perform complex data analysis and financial modeling
  • Leverage predictive analytics and forecasting models, integrated with large language models

Operational Financial Guidance

  • Verify owner funding sources to ensure adequate financing exists for new projects and collaborate with operations to mitigate financial risks.
  • Provide financial perspective and insight of contract terms in owner agreements.
  • Assist with the financial elements of potential acquisitions.
  • Oversee and provide guidance with respect to owner audits, owner or subcontractor claims, or other project related financial issues.
  • Collaborate with Corporate Financial Reporting group on tax, license and compliance issues.
  • Partner with the Corporate Risk Management department on insurance and bonding issues.
  • Oversee the financial results of the warehouse operations and its financial plan.

Strategic Planning

  • Partner with Business Unit Leaders on their short and long term strategic goals and objectives and provide financial analysis for decision making.
  • Align with, communicate and help drive the Regions operational and financial goals.

Budgeting & Cash Management

  • Lead yearly office overhead budget process and drive ownership and accountability of actual cost as compared to budget.
  • Proactively monitor project and Regional cash position.
  • Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

Financial Leadership & Relationships

  • Represent the Region externally to owners, trade partners, and financial institutions.
  • Assist as needed the Corporate Training department with financial leadership training.

Qualifications

  • Bachelors degree in Accounting or Finance
  • 10+ years of accounting experience
  • Experience in the construction industry preferred
  • Public accounting experience preferred
  • Experience with Microsoft Excel and ERP accounting applications
  • General understanding of construction insurance, bonding requirements, lien laws and sales taxes for contractors
  • Experience with data visualization tools like Tableau, PowerBI, or similar.
  • Experience with large language models
  • Proactive, self-motivated, organized and able to work independently
  • Effective problem-solver and decision-maker
  • Good written and oral communication skills
  • Ability to collaborate and build relationships

For Southern California locations only, the salary range for this position is: $190,000 - $220,000. This does not include possible bonus and other benefits which can impact total compensation. Compensation offered may vary based on work location, experience, qualifications, specialty, training, and market and business considerations, among other factors.

McCarthy is proud to be an equal opportunity employer, including disability and protected veteran status.

Seniority level

  • Seniority level

    Executive

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales
  • Industries

    Construction

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Job Tags

Full time, Contract work, Temporary work, For contractors, For subcontractor, Work at office,

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