Job Description

Job Title: Chief Financial Officer (CFO) – Underground Utility Construction

Location: Sacramento, CA
Job Type: Full-Time | Exempt
Salary: $175,000 – $250,000 per year (DOE) + Bonus Potential
Industry: Construction / Underground Utilities

Benefits

• Competitive salary and performance bonuses
• 401(k) with profit sharing
• Health insurance
• Dental insurance
• Vision insurance
• Paid time off

About Us:

ARROW CONSTRUCTION was established in 1995 and has grown to become a leader specializing in drilling and underground utility system construction for commercial business and utility companies with approximately $50 million in annual revenue and over 155 employees.

We are proud to employ some of the most talented and experienced management teams, top executives, trade contractors and support professionals. Our employees are dedicated to professional excellence, ensuring the workforce standard of quality unparalleled in the utility contractor industry.

Arrow has established relationships with the best business partners in the Sacramento area, including Sacramento County Public Works, SMUD, AT&T, PG&E, CSUS, UOP and UC Davis to name just a few. Currently serving Northern Sacramento Valley down to Fresno.

Position Summary:

The Chief Financial Officer (CFO) is responsible for overseeing all financial aspects of the business and driving the company’s financial strategy and planning. As a key member of the executive team, the CFO will provide strategic guidance and leadership for accounting, budgeting, financial reporting, compliance, and risk management for a construction company focused on underground utility services.

Key Responsibilities:

• Direct financial strategy, planning, and forecasts.
• Oversee job costing, WIP reporting, and revenue tracking.
• Manage accounting, HR/Payroll and finance teams.
• Ensure compliance with tax laws, labor laws, and contract requirements.
• Monitor cash flow, bonding, insurance, legal matters and financial risk.
• Provide reports and analysis to ownership and key stakeholders.
• Support operations with cost control, budgeting, and forecasting.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (Master’s or CPA preferred)
• 8–10+ years of progressive financial leadership experience, preferably in construction or underground utilities
• Strong knowledge of construction financials, project accounting, cost control, and contract management
• Familiarity with construction-specific software such as Vista by Viewpoint, HCSS, Insight Software
• Proven experience managing teams, streamlining financial systems, and supporting field operations
• Excellent communication, leadership, and problem-solving skills
• Bilingual (English/Spanish) a plus, but not required

Please respond to this ad with:

Resume including references and applicable experience, desired compensation

Our company is an equal opportunity employer and adheres to the protections provided by federal, state, or local laws to all employees and applicants. All employment is decided based on applicant qualifications and business needs. We maintain a safe and drug-free workplace

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