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Construction Cfo information

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$50.5K

$254.2K

$388.8K

How much do construction cfo jobs pay per year?

As of Aug 9, 2026, the average yearly pay for construction cfo in Raleigh, NC is $254,231.00, according to ZipRecruiter salary data. Most workers in this role earn between $137,100.00 and $388,800.00 per year, depending on experience, location, and employer.

What are some unique financial challenges faced by a Construction CFO, and how are they typically managed?

A Construction CFO often deals with complex project-based accounting, cash flow management across multiple ongoing jobs, and fluctuating costs due to material price changes or project delays. These challenges are typically managed by implementing robust forecasting tools, closely monitoring job costs, and maintaining strong relationships with banks and bonding companies. Regular collaboration with project managers and estimators is also essential to ensure budgets are adhered to and financial risks are mitigated. This dynamic environment requires adaptability and proactive communication to maintain profitability and company growth.

What are the key skills and qualifications needed to thrive as a Construction CFO?

To thrive as a Construction CFO, you need strong financial management expertise, deep knowledge of construction accounting, and typically a CPA or similar financial qualification. Proficiency in construction ERP systems, budgeting software, and project management tools is essential. Exceptional leadership, strategic thinking, and communication skills help drive collaboration across departments and align financial goals with operational needs. These skills are vital for ensuring financial stability, regulatory compliance, and long-term profitability in the complex construction industry.

What does a Construction CFO do?

As a construction CFO, your job is to oversee the budget and financial strategies for a construction company. In this role, you may allocate funds for projects, forecast future revenue needs, analyze expected revenue streams, and otherwise help maximize cash flow. A construction CFO often reviews monthly statements, establishes policies to help ensure the accuracy of reports, and oversees tax planning and strategies. You may also negotiate with lenders and other sources of funds, manage an accounting department, and work with technology purchasers. Depending on the company, this job may involve significant amounts of travel to meet with investors and other relevant parties.

What is a Construction CFO?

Construction CFOs (Chief Financial Officers) are senior executives responsible for overseeing the financial operations of construction companies. They manage budgeting, financial planning, risk assessment, reporting, and ensure the company's financial health. In addition to traditional CFO duties, they often handle contract negotiations, project cost control, compliance with industry regulations, and collaboration with project managers to maximize profitability. Their role is critical in ensuring that construction projects are completed within budget and financial risks are minimized.

What is the difference between Construction Cfo vs Construction Project Manager?

AspectConstruction CfoConstruction Project Manager
CredentialsFinance or accounting degree, CPA often preferredConstruction management degree or related experience
Work EnvironmentCorporate office, overseeing financial operationsOn-site and office, managing construction projects
Industry UsageFinancial leadership in construction firmsDay-to-day project execution and coordination

The Construction Cfo focuses on financial strategy, budgeting, and overall fiscal health of the company, while the Construction Project Manager handles project planning, execution, and team coordination. Both roles are essential but differ in scope and daily responsibilities within the construction industry.

What are the most commonly searched types of Construction Cfo jobs in Raleigh, NC? The most popular types of Construction Cfo jobs in Raleigh, NC are:
What are popular job titles related to Construction Cfo jobs in Raleigh, NC? For Construction Cfo jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Construction Cfo jobs in Raleigh, NC look for? The top searched job categories for Construction Cfo jobs in Raleigh, NC are:
Infographic showing various Construction Cfo job openings in Raleigh, NC as of August 2026, with employment types broken down into 85% Full Time, 9% Part Time, 1% Temporary, and 5% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $254,231 per year, or $122.2 per hour.

Chief Accounting Officer - Durham, NC

Fortrea

Durham, NC

Full-time

Posted 9 days ago


Fortrea rating

8.3

Company rating: 8.3 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

25th of 73 rated research


Job description

Job Overview:

The Chief Accounting Officer is a senior Finance leader responsible for Fortrea's global accounting, external reporting, internal controls, and compliance environment. This role leads the accounting organization, including record-to-report and payroll-related accounting processes, oversees external auditor relationships and annual audit activities, and partners closely with the CFO and cross-functional leaders to support disciplined decision-making and scalable finance transformation. The Chief Accounting Officer provides technical accounting leadership, supports strategic growth initiatives, and strengthens global accounting processes through public-company reporting expertise, enterprise leadership, and continuous improvement. He/she further serves as the designated Principal Accounting Officer for SEC financial statement certification.

Summary of Responsibilities:

Accounting Leadership, Close & Reporting

  • Lead Fortrea's global accounting function, including corporate accounting, record-to-report, consolidation, close management, payroll-related accounting, technical accounting, and accounting operations.

  • Oversee timely and accurate monthly, quarterly, and annual close processes, driving a disciplined close calendar, clear ownership, and resolution of material accounting matters.

  • Lead external financial reporting processes, including SEC reporting, financial statement preparation, earnings support, and related disclosure controls in partnership with the CFO, Legal, Investor Relations, and external advisors.

  • Establish, maintain, and interpret accounting policies, ensuring compliance with US GAAP, SEC requirements, applicable company policies, and evolving regulatory standards.

  • Provide technical accounting leadership for complex transactions, including revenue recognition, business combinations, restructuring, impairments, equity, compensation, leases, debt, and other significant accounting matters.

Controls, Compliance & Audit Governance

  • Own the design, execution, and continuous improvement of internal control over financial reporting, including SOX compliance, control remediation, and partnership with Internal Audit and external auditors.

  • Lead the external auditor relationship and annual audit process, ensuring audit readiness, quality deliverables, issue resolution, and transparent escalation of key matters.

  • Support Audit Committee and executive leadership discussions by preparing clear, concise updates on financial reporting, technical accounting, finance policies, control status, audit progress, and critical projects.

  • Promote and establish a culture of accountability, ethical conduct, compliance, and strong financial governance across the global accounting organization.

  • Identify, assess, and escalate financial reporting, control, compliance, and audit risks with clear recommendations and executive-level judgment.

Finance Transformation & Operational Excellence

  • Drive accounting transformation initiatives, including process standardization, automation, shared services optimization, finance systems improvements, scalable operating model design, and stronger end-to-end accounting workflows.

  • Co-manage external contractor partnerships

  • Identify and sponsor opportunities to improve close efficiency, data quality, reporting reliability, transparency, controls, and controllership capabilities while reducing manual effort across regions and functions.

  • Support potential M&A, integration, capital structure and other strategic processes

Leadership, Talent & Business Partnership

  • Build, lead, and develop a high-performing global accounting team with clear roles, succession depth, technical capability, and strong engagement.

  • Provide enterprise-level counsel to the CFO and senior leaders on accounting implications, reporting risks, operational decisions, and regulatory considerations.

  • Collaborate with FP&A, Tax, Treasury, Investor Relations, Legal, HR, Procurement, and business unit leaders while representing Accounting in cross-functional governance forums, transformation programs, and strategic initiatives requiring financial reporting or control expertise.

  • Perform all other duties as needed or assigned.

Travel: This role may require occasional domestic and international travel, estimated at approximately 10-20%, based on business, audit, leadership, and transformation needs.

Qualifications (Minimum Required):

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.

  • Certified Public Accountant (CPA) or equivalent professional accounting qualification required where applicable to the role and jurisdiction.

  • Comprehensive knowledge of US GAAP, SEC reporting, SOX, internal controls, financial statement preparation, external audit processes, public-company reporting obligations, and complex technical accounting matters.

  • Deep experience with revenue recognition in project-based, long-term contract environments, including ASC 606, legacy ASC 605 considerations, contract modifications, pass-through costs, reimbursables, and CRO-specific revenue accounting practices.

  • Experience overseeing global statutory reporting, local audits, legal entity accounting, and coordination across regional finance teams.

  • Experience supporting SEC filings, including Form 10-K, Form 10-Q, earnings materials, disclosure controls, and Audit Committee reporting.

  • Experience leading accounting activities related to M&A, divestitures, integrations, purchase accounting, and complex restructuring initiatives.Demonstrated ability to lead global accounting teams and external contractors, manage complex reporting deadlines, advise executive stakeholders, and operate effectively in a matrixed, global environment across Finance, Legal, Tax, Treasury, Investor Relations, HR, IT, and business leadership.

  • Strong business judgment, executive communication, enterprise leadership, problem-solving, collaboration, change leadership, and ethical decision-making skills.

  • Fortrea may consider relevant and equivalent experience and successful project outcomes in lieu of educational requirements.

Experience (Minimum Required):

  • 15+ years of progressive accounting, controllership, external reporting, audit, or finance leadership experience, including substantial experience in a public-company environment.

  • 10+ years experience in senior leadership (CAO, Corporate Controller, VP Finance & Accounting, or equivalent senior finance leader).

  • Executive-level experience leading accounting organizations, external financial reporting, SOX/control frameworks, global close processes, and audit relationships.

  • Experience presenting to or supporting Audit Committee, Board, executive leadership, external auditor, and investor-facing processes.

  • Experience leading finance transformation, process automation, shared services, ERP or finance systems initiatives, and global operating model improvements.

  • Experience in global and regulated industries preferred; clinical research, pharmaceutical services, healthcare, technology, or similarly complex environments are advantageous.

Physical Requirements:

  • Ability to work in an upright and/or stationary position for 6-8 hours per day.

  • Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists to operate lab equipment.

  • Occasional crouching, stooping, with frequent bending and twisting of upper body and neck.

  • Ability to access and use a variety of computer software developed both in-house and off-the-shelf.

  • Light to moderate lifting and carrying, or moving of objects, including luggage and laptop computer with a maximum lift of 15-20 lbs.

  • Regular and consistent attendance.

  • Varied hours may be required.

Work Environment:

  • Work is performed in an office environment with exposure to electrical office equipment.

  • Occasional drives to site locations may be required.

Application Deadline: August 14, 2026

Learn more about our EEO & Accommodations request here.


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