Chief Financial Officer

Fahrenheit Advisors has been retained to assist our client Commonwealth Electrical Technologies (CET) in their search for a Chief Financial Officerto join their team. This role will be based out of Worcester MA.The ideal candidate will work onsite with flexibility.

Company Overview:
Commonwealth Electrical Technologies LLC (CET) is a leading provider of electrical construction services throughout New England. Specializing in industrial and commercial projects CET offers comprehensive solutions including groundup construction renovations of all sizes and both designbuild and planspec construction. The company is dedicated to delivering highquality timely and costeffective services while maintaining a strong commitment to customer satisfaction and integrity.

CETs team remains at the forefront of industry advancements with expertise in new electrical construction EV charging photovoltaic systems lighting design energy management motor controls fire alarms and general electrical maintenance.

Additionally CETs energy efficiency division conducts audits and collaborates with local utilities to maximize project incentives. Equipped with extensive knowledge and experience CET is fully prepared to meet the evolving needs of its clients with reliability and expertise.

Position Summary:
Commonwealth Electrical Technologies is seeking a dynamic handson Chief Financial Officer (CFO) to lead the companys financial operations drive strategic growth and enhance financial performance. Reporting to the CEO this role requires an operationally focused finance leader with strong experience in projectbased industries particularly construction or related fields. The CFO will oversee all financial functions ensuring rigorous financial controls accurate reporting and datadriven decisionmaking to support the companys objectives.

Key Responsibilities:

• Lead all financial planning and analysis including budgeting forecasting cash flow management and longterm financial strategy.
• Oversee financial reporting ensuring compliance with all regulatory and internal requirements.
• Drive profitability through proactive cost control revenue optimization and strategic financial planning.
• Work closely with project managers to develop project budgets forecasts and financial performance metrics.
• Implement and manage a comprehensive job costing and WIP (Work in Progress) tracking system to monitor project financials effectively.
• Lead the monthly close process ensuring timely and accurate financial reporting.
• Develop and maintain strong banking and external financial relationships to optimize financing and investment strategies.
• Implement financial controls and risk management strategies to safeguard company assets.
• Serve as a strategic partner to the CEO and executive leadership team providing insights and recommendations for business growth and operational efficiency.
• Oversee ERP and financial systems to enhance operational efficiency and financial transparency.
• Ensure compliance with tax audit and industry regulations working closely with external auditors and advisors.
  

Supervisory Responsibilities:

• Direct and develop the finance team providing leadership mentorship and professional growth opportunities.
• Collaborate crossfunctionally with operations sales and project management teams to drive companywide financial literacy and accountability.
  

Strategic Responsibilities:

• Lead financial due diligence for M&A activities including valuation analysis risk assessment and integration planning
• Develop and execute financial strategies to support acquisitions divestitures and capitalraising initiatives.
• Serve as the primary financial liaison with private equity partners ensuring alignment on financial performance investment strategies and value creation.
• Work closely with the executive team to identify evaluate and execute strategic growth opportunities including potential mergers and partnerships.
• Present financial reports strategic plans and investment recommendations to the board of directors ensuring transparency and alignment with business goals.
• Oversee postmerger integration efforts ensuring financial and operational synergies are realized effectively.
• Manage capital structure and optimize funding strategies in collaboration with investors lenders and financial institutions.
  

Qualifications & Experience:

• Minimum 10 years of progressive financial leadership experience preferably in a projectbased industry such as construction engineering or contracting.
• Bachelors degree in accounting finance or a related discipline; CPA CFA or MBA preferred.
• Experience working in a private equitybacked company with a strong focus on scaling operations driving growth and executing valuecreation strategies in a fastpaced environment preferred.
• Strong proficiency in project accounting job costing and ERP systems.
• Handson approach with the ability to dive into financial details while maintaining a strategic mindset.
• Exceptional analytical problemsolving and leadership skills.
• Proven ability to drive financial and operational improvements through datadriven decisionmaking.
• Excellent communication and interpersonal skills with the ability to influence and collaborate at all levels of the organization.
• Strong proficiency in consolidating financial information.
• Prior M&A and integration experience preferred.
  

Required Experience:

Chief