Fractional Chief Financial Officer

DAAXIT; Town of Rome (WI); Remote; USD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Fractional Chief Financial Officer to empower construction companies with financial clarity and guidance. This pivotal role involves providing expert financial reviews, coaching business owners, and establishing budgets to foster growth and profitability. The ideal candidate will have extensive experience in finance, particularly within the construction sector, and a passion for helping clients achieve financial literacy and independence. This position offers the opportunity to make a significant impact in the industry while working collaboratively in a supportive team environment.

Benefits

Flexible working hours

Remote work options

Professional development opportunities

Team collaboration events

Qualifications

• 8-10 years of experience in finance and accounting, with a focus on construction.
• Expert-level understanding of financial analysis and KPI calculations.

Responsibilities

• Act as CFO for multiple clients, providing financial reviews and coaching.
• Establish budgets and drive strategic planning for client businesses.

Skills

Microsoft Office

Excel

QuickBooks

Financial Literacy Coaching

WIP Calculations

Financial KPI Calculation

Education

Bachelor's Degree in Finance or Accounting

8-10 years of experience in accounting or finance

3-5 years in a management-level or CFO role

Tools

Sage

Timberline

Spectrum

Trimble

Acumatica

Viewpoint

Job description

DAAXIT was founded by Aaron Mills in 2021. Aaron created DAAXIT after 20+ years specializing in high-level financial work in the construction industry. Those years of experience helped lead to the realization that there are so many construction and skilled trades businesses operating today without the professional, knowledgeable, financial guidance that is necessary to grow, thrive, and succeed. That's why DAAXIT's mission is to help individuals empower themselves to be better business owners. At DAAXIT, we provide fractional CFO services that create financial clarity and enhance profitability to take construction companies to the next level and attain financial freedom.

At DAAXIT, we prioritize working together as a team to ensure that everything we do is done with our core values leading the way: accountability, education, transformation profitability, and transparency.

About the Role

Position Summary:

The Fractional Chief Financial Officer will act as the Fractional CFO for multiple companies/clients of DAAXIT, specifically in the construction industry. This position will be responsible for coaching the business owner to reach objectives by providing these clients monthly and quarterly financial reviews, establishing a budget, strategic planning, WIP calculations, and helping to develop the business and its people.

What You'll Do

General Job Duties:

1. All employees are responsible for a basic knowledge of the employee handbook, along with the mission and vision of DAAXIT, and must conduct themselves with behavior that supports these values.
2. All employees are responsible for making the most of their working time and reaching maximum potential by being on time for appointments, checking voicemails/emails as appropriate, and completing deadlines in a timely manner.
3. All employees are expected to escalate issues as necessary.
4. All employees must conduct themselves in a respectful and professional manner as outlined in DAAXIT’s code of ethics and conduct, as found in the Company handbook.
5. All employees will specifically be trained for their job duties; however, other coaching & development opportunities may be deemed appropriate by management for one or all members of the team. These opportunities will be sponsored by the Company.
6. All employees are expected to collaborate with the leadership team to create, revise, and maintain accurate job descriptions.
7. Other projects and/or duties as assigned.

Essential Job Functions:

1. Act as Chief Financial Officer for DAAXIT clients and partners.
2. Provide clients with the tools, resources, and personal coaching to help partners develop financial literacy, financial freedom, and develop the financial knowledge of their team.
3. Execute and deliver monthly and quarterly financial reviews for all partners, via their preferred form of communication.
4. Establish and abide by the communication expectations of the clients at the agreed upon frequency and method of communication.
5. Demonstrate ability to integrate oneself into the client’s team, with the mindset of customer service always at the forefront.
6. Adapt to and utilize the Company’s mission, vision, and value to help guide and direct business owners with confidence to help develop their financial freedom and understanding.
7. Draft and help clients execute an annual budget.
8. Drive the strategic planning process for all clients and help provide the tools and resources for the team to be accountable in the planning process.
9. Foster the partner relationship to guarantee customer satisfaction and retention.
10. Ability to perform WIP calculations at an expert level and deliver the necessary information to the client.
11. Ability to calculate financial KPI’s and deliver the necessary information to the client.
12. Provide weekly updates to the leadership team regarding client work status and financial development.
13. Maintain the utmost confidentiality as it pertains to client and Company information.
14. Other duties as assigned.

Qualifications

Required Skills and Experience:

1. Ability to operate in a professional capacity in Microsoft Office, with high proficiency in Excel.
2. Highly proficient in QuickBooks or other ERP systems common to the construction industry which may include, but is not limited to, Sage, Timberline, Spectrum, Trimble, Acumatica, and Viewpoint.
3. Ability to demonstrate and coach clients on financial literacy.

Education and Experience Requirements:

Experience: 8-10 years of experience in accounting or finance, including 3-5 years of experience in a management-level or CFO role in the construction industry.

Language Requirements:

The primary language of DAAXIT is English. Excellent communication skills are defined as the ability to:

1. Ask questions that enhance the understanding of a certain topic.
2. Relay information and/or instruction in a descriptive and understandable fashion in both written and verbal forms.

Mathematical Requirements:

This position requires an expert-level understanding of financial & statistical analysis and configuring basic and/or advanced inferences. Expert-level accounting knowledge is required, as well as addition, subtraction, multiplication, and division skills to the general degree.

Reasoning Ability Requirements:

Professional-level reasoning abilities are necessary to process complex information, delegate duties (as necessary), and prioritize deadlines. This individual must be an expert at communicating financial information to partners, with the goal of creating meaning, value, and a positive outcome in each conversation.

Physical Requirements:

Occasional lifting up to 15 lbs. may be necessary from time to time. Must be able to sit for long periods of time, view a computer monitor, and type (up to 8 hours a day). Valid driver’s license, a good driving record is required, and a working vehicle is required. This position will mainly work remotely but may be required to travel from time to time.