LAYDON INDUSTRIES, LLC · 9 hours ago
Deputy Chief Financial Officer
New Haven, CT
Full-time
Onsite
Director/Executive
8+ years expLaydon Industries is a third-generation general contractor specializing in heavy civil fields, focusing on underground utility infrastructure. The Deputy Chief Financial Officer will manage the company’s financial activities and work closely with senior leadership to ensure financial success and transition to CFO within six months.
Construction
Responsibilities
Oversee the preparation of financial statements, such as income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports
Shorten and standardize the monthly close (target: close by Day 10) using a documented checklist, reconciliations, and review sign-offs
Create forecasts for future growth, track cash flow, analyze the company’s financial strengths and weaknesses, and propose correction action
Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
Perform risk management by analyzing the organization’s liabilities and investments, decide on investment strategies that consider cash and liquidity risks
Ensure compliance with accounting standards and regulations
Institutionalize EBITDA adjustment support discipline: clear definitions, documentation standards, and repeatable bridge from reported to adjusted EBITDA
Work with the President and other senior leaders to develop and execute financial strategies
Implement an operating KPI dashboard (e.g., DSO, unbilled/WIP trend, gross margin by division, labor productivity proxy, and cut-off metrics)
Document and harden the pencil rec to customer approval to invoice workflow
Implement a monthly cut-off control so work performed in late periods is accrued/billed consistently
Create a recurring revenue tie-out pack that reconciles revenue by customer and by job to the income statement and trial balance, with explained variances
Fine tune labor coding so multi-stop crews allocate time to the correct jobs
Deliver an auditable labor-to-job report and a practical field process to sustain accuracy
Establish monthly process for Project Managers & Superintendents to review and hit targets
Produce a complete reconciliation and supporting documentation package for contract assets/WIP underbillings, including roll-forwards and job-level support
Reconcile AP aging to the balance sheet monthly and resolve unexplained differences
Create support packages for significant accrued expenses (insurance, payroll liabilities, property taxes, accrued job cost expense)
Qualification
Required
Master's degree in Business Administration, Accounting or Finance required
8 – 10 years' experience in financial management required
Construction industry experience required
Company
LAYDON INDUSTRIES, LLC
Laydon Industries is a third generation general contractor operating in the heavy civil fields with a strong focus on underground utility infrastructure.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase