Featured Opportunity

Reporting Relationships:

The Role:

• The CFO is an officer of the company with responsibility for leadership of all financial functions while maintaining the company’s financial stability and reputation for excellence. Responsibilities include accurate accounting, forecasting and analysis to inform strategic business decisions, and the ability to continuously improve upon the company’s existing systems and processes.
• The CFO will serve as an active member of the executive team, providing input on strategic issues and early identification of potential issues.
• The CFO will be responsible for regular reporting to the company’s shareholders, board of directors, surety, and banking relationships.
• The CFO is expected to reinforce the company culture by exemplifying the company’s core values.

Candidate Profile:

A financial executive with 15+ years of progressive financial experience with a construction firm or an accounting firm working with construction clients. A CPA is desired. Thorough understanding of accounting, cash management, forecasting, and financial controls. Comfort with ERP and reporting systems and the use of technology to optimize processes and accuracy. An ability to drive teamwork and build culture in a diverse team. Should possess a desire to embrace continuous improvement and a tactful approach to get employee buy-in to and adoption of new processes and approaches. The candidate should have financial savvy to ensure that the company is taking advantage of opportunities available through company treasury functions, tax planning, captive insurance participation, etc.

CFO Duties and Responsibilities:

Leadership and Team Development:

• Uphold the utmost integrity in all accounting and financial matters, as well as in interactions with team members and outside partners.
• Lead the accounting team with respect and compassion while encouraging accountability and personal growth. Engage collaboratively throughout the company to ensure financial information is up-to-date and accurate, identify red flags, and work as a team to address issues early.

Accounting Operations

• Oversee accounting department providing all payroll services (including union payroll interface), project accounting, A/R, and A/P, GL accounting, and joint venture accounting.
• Assess the processes and functions of the department, adapt roles to improve efficiency and effectiveness, and seek to upskill and develop team members.
• Manage WIP schedule with input from project principals.
• Close books and deliver accurate and timely financial reporting on a regular basis (currently quarterly, with potential to move to monthly).
• Oversee all tax reporting, payment, and issue resolution, with assistance from outside accountants as relevant.
• Coordinate administration of 401(k) program through outside administrator.
• Participate in annual audit by outside accounting firm, ensuring that solid accounting processes and procedures lead to a smooth audit process.
• Manage capitalization table, distributions, and provide regular updates to shareholders.
• Collaborate with Operations, IT, and accounting teams in use of Viewpoint Vista ERP system, integration with Procore, Crystal Reports, PowerBI, and other systems to efficiently and accurately process accounting information and provide timely reporting.

Financial Planning, Analysis, and Strategy

• Establish a two-year budget before the start of each year. Work with company leadership to update forecasts periodically throughout the year.
• Regularly update company burden, insurance, and billing rates.
• Maintain and improve upon existing dashboards and KPIs to monitor company performance and identify red flags.

Cash Management, Treasury, and Banking

• Monitor and manage cash flow and balances across several accounts.
• Generate interest income where reasonable while balancing the company’s liquidity needs and relatively low risk tolerance.
• Maintain banking relationship, including ensuring access to company’s line and letters of credit while also generating interest income at an appropriate risk tolerance.

Other

• Work with Benefits Broker and HR team to negotiate employee benefits.
• Support IT Manager with monthly check-ins and assistance where needed.
• Be an active participant in the management of the company’s group captive insurance program, including participating on committees and in conferences where appropriate.
• Assist in financial management and wind-down of legacy businesses that have ceased operations and occasional other financial management related to prior company entities.

The First Year

Job Responsibilities

• Collaborate with executive leadership to align operational goals with the overall business strategy.
• Lead and inspire a solutions-oriented team, fostering a culture of collaboration, accountability, and continuous improvement.
• Work with the team to create a world-class employee training, development and retention program that fosters continual learning to help us hire and challenge the industry’s best and brightest.
• Identify opportunities for process improvement and implement streamlined operational procedures.
• Evaluate and enhance operational systems to support the company’s growth objectives.
• Monitor and analyze key metrics to proactively address potential challenges and ensure accountability.
• Cultivate and maintain strong relationships with key vendors, subcontractors, and stakeholders
• Resolve any operational and cross functional issues and ensure all regions operate consistently.
• Perform final bid reviews on projects over $5M.
• Communicate effectively while establishing a cadence and content that is timely, accurate and complete for meetings to support operations.
• Demonstrate and embrace our company

Desired Candidate Profile

• Twenty plus years of management experience, with at least 3 years’ experience in a senior leadership (P&L) role overseeing a growing specialty contractor or labor-intensive general contractor.
• Forward thinking driven leader looking for an opportunity to help an industry leader to continue evolving.
• Strong understanding of electrical construction processes, project management, and industry regulations.
• Superior organization skills with the ability to multi-task, set priorities, schedule, and establish and follow up on deadlines.
• Elevated level of technology and computer proficiency.
• Willingness to travel, typically short day or overnight trips 3 or 4 days a month, across the Midwest in support of existing and future projects.
• Bachelor’s degree desired.

Reporting Relationships:

The First Year

• Observe, listen, and learn
• Begin developing relationships with your team and executive.
• Review organization chart and reporting structures.
• Assess team talent and create a plan to fill any gaps and succession planning for key roles.
• Begin introduction to all contractor and vendor relationships.
• Evaluate and enhance operational systems to support the company’s growth objectives.
• Create a culture of consistency and accountability.
• Participate in the short- and long-term strategic planning for the company.

Director of Estimating – Profile Summary

DDL is seeking a Director of Estimating to strengthen and expand our current level of market share of construction throughout Hawaii and the greater Guam region. This vital position works closely with the President, Executive Vice President, and Leadership Team. This position manages the Estimating Department and plays a key role in preconstruction services supporting budget and conceptual estimating assignments.

The ideal candidate needs to be a strong leader with a proven track record in successfully managing a large estimating team for a similar full-range mechanical contracting business with an annual volume of $150 – $250 million or greater. The individual needs to be experienced in estimating high-rise residential, major resort, military, health care and high technology types of mechanical installations and the wide range of projects the company regularly performs. Resonating with customer requirements must be a high priority along with building long-term relationships based upon respect and trust. The ideal candidate needs to embrace the DDL operating philosophy and culture, along with the unique culture of the Hawaiian Islands. The position can be based on Oahu or Maui, with inter-island travel requirements. Expertise in Plumbing, Mechanical piping, Sheet Metal, Controls and Fire Protection are required. The candidate should have a willingness to embrace a “roll up the sleeves” mentality to address and resolve business issues and inspire their team to do the same.

Director of Estimating- Duties & Responsibilities

General mandate:

Oversee and manage the Estimating department to ensure efficiency, quality, accuracy and cost-effective management of resources and process. Implement best practices to enhance the department’s efforts to ensure bids and proposals are correct and profitable in the following trades/divisions:

• Plumbing and Pipe Trades Duct Work
• Mechanical
• Fire Protection
• Controls and limited Electrical Special Projects
• Special Projects

Other duties and responsibilities include, but are not limited to:

• Collaborating and assisting the Executive Vice President to maximize opportunities in hard-bid, negotiated, and early onboarding opportunities.
• Assisting the VP, Engineering & Design-Build (DB) to maximize DB, Design Assist and “Early Onboard” opportunities.
• Developing, producing, and quality controlling conceptual and budget estimates.
• Participating in Opportunity Meetings.
• Conducting weekly Estimating Department meetings.
• Conducting bid closings with leadership.
• Develop strong bid- day strategies to advance the  best opportunity for success.
• Develop long-term Estimating Department resource plan which includes succession planning, and drive recruitment to fill vacancies.
• Evaluate Estimating Department staff, develop talent, and provide mentorship and leadership.
• Participate and collaborate with Operations on project kick-off meetings to ensure understanding of estimate and assumptions included in “as sold” pricing.
• Participate in ongoing project status meetings (while under construction) and post-project reviews to collect feedback on project performance for use in future estimating activities.
• Participate in the business development strategy to ensure a strong pipeline of profitable work for all 5 regions. Business Development plan to encompass DDL’s various locations/needs, types of work (DB, DA, hard-bid, special projects), targeted volumes and margins, as well as implementation and reporting plan.
• Provide leadership team with ongoing analysis of market size, growth, attractiveness, trends, etc.
• Establish and maintain customer relationships that fulfill our goal of delivering the highest level of service, trust, and responsiveness. DDL needs to be the first call our customers and industry leaders make when reaching out for services.
• Follow DDL’S project management flow chart as applicable.

First-year Mandate

• Understand the people and culture of Hawaii with regard to both business and community  — NOTHING IS MORE IMPORTANT THAN THIS. To grasp, understand and embrace the culture of Hawaii is by far the most important formula for success regardless of the qualifications of the candidate.
• Understand the full breadth of DDL estimating practices and processes.
• Promptly establish critical relationships both externally and internally.
• Cultivate key players by providing superior service.
• Sustain a focus on serving the customer while improving the bottom line.
• Assess the resource bench strength and needs of the Estimating department, and create a plan to drive improvement through training and improved performance management.
• Begin developing the Business Development short-term and long-term plan with the Leadership Team.

Personal Characteristics

• Hands-on, “roll-up their sleeves” approach and philosophy.
• Proven track record of managing a large Estimating staff for a broad range of project types.
• Strong sense of urgency as it relates to internal and external requirements and communications.
• Customer-focused while maintaining a competitive approach providing DDL a strategic advantage that optimizes financial outcomes.
• Honest and trustworthy with an impeccable record of integrity.
• Ability to model the behaviors that are desired throughout the Company.
• Customer focused and customer comfortable.
• A person of vision and realistic optimism. Someone who can balance the need to deliver short term results while setting a foundation for long term sustainable growth.
• Be a leader who is team orientated and collaborative. It is essential to earn a high level of respect based on performance, team attitude, and results.
• Has a passion for developing talent within the Estimating department.

Education and Qualifications

• REQUIRED: 10+ years’ experience in plumbing and mechanical contracting with 5+ years of senior Estimating leadership experience
• BS or BA degree preferred (Business or Engineering preferred).
• Estimating experience with both large and small construction customers including general contractors, construction managers, architectural & engineering firms and major developers.
• Experience managing multiple discipline estimators.
• Strong construction management knowledge.
• Strong verbal and written communication skills.
• Strong analytical skills with experience evaluating mechanical estimates performed by others.
• Strong negotiation skills and executive presence with key accounts, management and industry leaders.
• Possesses a sense of duty to the company for what is in the best interest of the company and its employees.
• Prompt and responsive with measured urgency.

Compensation :

Competitive market-based compensation plan will include base salary and fringe benefits commensurate with the position.