Chief Financial Officer

Royal Electric•Sacramento, CA

15d

About The Position

Royal Electric Company is a financially strong and growing electrical contractor operating across commercial, industrial, and specialty construction markets. The company is seeking a Chief Financial Officer (CFO) to serve as a key member of the executive leadership team and a strategic partner to the CEO and Board in guiding the organization’s continued growth and long-term value creation. Royal’s primary strategy is to build people who are inspired to grow in their careers, requiring intentional scaling in support of that people-first strategy. The company is well-positioned for such continued growth, supported by a healthy backlog and a strong forward pipeline. With 55 years of proven results, long-standing relationships with clients, banking partners, and sureties, and a leadership team aligned around markets and people's strategies, the foundation is solid. Such scaling creates a meaningful role for the CFO to build even more effective systems for cash flow, financial projections and information to operations that will optimize and shape the business for the future. The CFO will have direct visibility with the Board and play a central role in aligning financial strategy with enterprise objectives. As a core member of a high-performing and collaborative executive team, this individual will contribute to shaping company strategy, evaluating growth opportunities, and ensuring that financial planning supports both near-term execution and long-term scalability. This role is both operational and transformational in nature. The CFO will lead the financial organization while also serving as a culture-shaping leader and executive partner, helping translate strategy into sustained performance across a dynamic, project-driven business.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field; MBA and/or CPA preferred
10 to 15 years of progressive financial leadership experience, with significant experience in construction or project-based industries
Demonstrated expertise in construction accounting, including job cost management and WIP reporting
Proven ability to operate as a strategic partner to executive leadership, contributing to enterprise-level decision-making
Experience leading and developing high-performing teams and building effective cross-functional partnerships
Strong analytical and decision-making capabilities, with the ability to operate effectively in complex, fast-paced environments
Experience with ERP and project accounting systems such as Spectrum, Viewpoint, CMiC, or similar platforms
Willingness to travel as required

Responsibilities

Develop and execute the company’s financial strategy, including long-term planning, capital allocation, and growth initiatives
Serve as a strategic advisor to the CEO, Board, and executive leadership team on financial performance, risk management, and investment decisions
Partner with executive leadership to align financial planning with business strategy, including evaluating future-state scenarios (e.g., scaling the organization over a multi-year horizon through initiatives including organic growth, potential M&A, growth financing )
Lead the annual budgeting process, rolling forecasts, and scenario planning to support informed decision-making
Oversee capital expenditure planning, equipment financing, and liquidity management to support operational and strategic objectives
Ensure compliance with regulatory requirements across all jurisdictions in which the company operates
Partner closely with operations, estimating, and project management teams to drive financial performance at the project level
Lead the implementation and optimization of ERP; focus on systems and transformation ERP integration, automation, and dashboards
Identify and implement process improvements and automation to enhance financial operations
Maintain and strengthen relationships with sureties, brokers, and insurance providers, ensuring adequate bonding capacity to support growth
Proactively identify financial, contractual, and operational risks and implement mitigation strategies
Support executive decision-making by providing clear financial analysis that enables the organization to pursue growth opportunities with discipline and confidence
Lead, develop, and mentor an established finance and accounting organization structured to support multiple regions and cost centers
Foster a culture of accountability, collaboration, and continuous improvement within the finance function and across the broader organization
Serve as a visible and influential leader within the executive team, contributing to company culture and organizational alignment
Build organizational capability through talent development, succession planning, and performance management
Promote alignment between finance and other functional areas to support enterprise-wide objectives
Ensure the effectiveness of internal controls and compliance with all applicable financial regulations
Oversee audit processes and maintain relationships with external auditors
Manage enterprise risk as it relates to financial performance, contracts, and operational execution
Support executive leadership and the Board in governance practices and decision-making frameworks

Benefits

Health Care Plan (3 types of Medical plans, Discounted Dental & Orthodontist services for adults & children, Premium Vision Plan)
Retirement Plan (Traditional 401k, Roth 401k)
$50k Life Insurance (Basic, Voluntary, & AD&D)
Paid Time Off (Vacation, Sick Leave, and 8 Paid Holidays)
Family Leave FMLA (Maternity & Paternity)
Short Term & Long-Term Disability
Pet Insurance
Flex Spending Accounts: Healthcare, Dependent care (Daycare children & elderly – work related), & Transit
Pharmacy discounts
Kisx Card (Surgery & Imaging Program)
Opportunity for tuition reimbursement
Wellness Resources
Free telehealth
Health Joy App
Free peer coach support - (mental health, stress management, substance use, and suicidal ideation)
CancerCARE 1:1 Consulting and support with expert medical team
Employee Assistance Support
Hearing Aid discount plan
Laser VisionCare discount plan
Learning & Development
Safety training: Getting Everyone Home Safely
Professional & Leadership Development Training
Skill Development Training
Mentorship Program
On-The-Job & Classroom Training
Employee Referral Program: We value referrals from our employees! If you know someone who would be a great fit for this role, please refer them through our company’s referral program. Successful referrals can earn you an incentive!