VP of Treasury and Working Capital

The Treasurer is a key finance leader responsible for driving enterprise-wide liquidity, cash flow optimization, capital deployment, and working capital performance across a private equity-backed, multi-location, multi-state construction services platform. This role is critical in a decentralized operating environment with numerous branches, legal entities, and banking relationships, and will partner closely with the CFO, operating presidents, accounting, FP&A, and shared services teams to improve cash visibility, strengthen controls, and maximize financial flexibility.

The Treasurer will lead all aspects of cash management, liquidity planning, borrowing base and debt oversight, banking strategy, and treasury operations, while also playing a central role in improving working capital performance across the business. This includes building best-in-class short- and long-term cash forecasting processes, driving disciplined collections strategies to reduce DSO, and leading AP automation and payment process transformation to improve efficiency, controls, and cash flow timing. The ideal candidate brings deep experience in private equity-backed environments and understands how to build scalable treasury and working capital infrastructure in a complex construction or field services organization.

Lead all enterprise treasury activities, including cash management, liquidity planning, borrowing strategy, bank relationship management, and treasury operations across a multi-entity, multi-state construction platform.
• Develop and manage daily, weekly, and long-range cash forecasting processes, including 13-week direct cash flow forecasting and longer-term liquidity planning tied to business performance, seasonality, acquisitions, and capital deployment needs.
• Establish robust cash visibility across all operating companies, bank accounts, and legal entities, with clear reporting on cash position, availability, restricted cash, debt usage, and short-term liquidity needs.
• Optimize working capital performance across the enterprise, with direct focus on accelerating cash collections, improving billing and collections discipline, and materially reducing AR days sales outstanding.
• Partner with operations, billing, collections, and finance leaders to implement standardized AR performance management tools, escalation processes, and KPI reporting that improve invoice quality, collection speed, and overall cash conversion.
• Lead AP strategy and transformation efforts, including successful implementation of AP automation tools, centralized payment controls, approval workflows, and process standardization across a decentralized branch network.
• Support the CFO and private equity sponsors with liquidity reporting, debt capacity analysis, free cash flow insights, and capital allocation recommendations.
• Oversee banking relationships and negotiate treasury-related services, including deposit structures, cash concentration, lockbox, ACH/wire controls, merchant services, fraud tools, and other banking products.
• Partner with accounting and FP&A to ensure alignment between treasury reporting, cash forecasting, budget expectations, and actual operating performance.
• Support acquisition integration by onboarding acquired businesses into treasury infrastructure, rationalizing bank accounts, standardizing cash controls, and improving visibility into acquired company working capital.

• Bachelor's degree in Finance, Accounting, Economics, or related field required; MBA, CPA, or CTP preferred.
• 10+ years of progressive treasury, corporate finance, or working capital leadership experience, ideally within a private equity-backed, multi-entity, multi-location business.
• Strong experience in construction, infrastructure services, industrial services, specialty contracting, or other project-based / field services environments preferred.
• Demonstrated success operating in a complex multi-state, branch-based organization with decentralized operations and centralized financial oversight
• Deep experience in cash management, liquidity planning, debt management, and short- and long-term cash forecasting, including ownership of a 13-week cash flow process.
• Proven track record of driving meaningful working capital improvement, including materially reducing AR DSO and improving cash conversion performance.
• Hands-on experience leading AP automation implementation and transformation efforts across a scaled business, including workflow design, controls enhancement, and process standardization.
• Strong understanding of billing, collections, retainage, project cash cycles, lien waiver processes, and other construction-related working capital dynamics.
• Experience managing bank relationships, credit facilities, covenant compliance, letters of credit, and treasury controls in leveraged environments.
• Demonstrated ability to partner effectively with CFOs, private equity sponsors, operations leaders, and shared services teams on cash generation and liquidity improvement initiatives.
• Strong analytical, communication, and leadership skills, with the ability to translate treasury and working capital insights into actionable operating decisions.
• Proficiency with ERP systems, treasury tools, banking portals, and reporting environments; experience with construction-adjacent systems and process automation tools strongly preferred.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements: (Each to have one of the following based on the position: Never, Rarely, Occasionally, Constantly)

• Remaining in a stationary position, often standing or sitting for prolonged periods: Occasionally
• Moving about to accomplish tasks at a worksite or moving from one worksite to another: Constantly
• Moving self in different positions to accomplish tasks in various environments, such as stooping, kneeling, or crouching: Rarely
• Adjusting, moving and lifting objects in all directions: Rarely
• Talking and hearing to communicate with others: Constantly
• Seeing to perform job duties at close range, such as monitors or screens: Constantly
• Seeing to perform job duties at a distance, such as driving or operating equipment: Occasionally
• Repeating motions that may include the wrists, hands and/or fingers: Constantly
• Ascending or descending ladders, stairs, scaffolding, ramps, poles and the like: Rarely
• Operating machinery and/or power tools: Rarely
• Operating motor vehicles or heavy equipment: Occasionally
• The ability to travel regionally or nationally: Occasionally

Physical Demands:

• Sedentary work that primarily involves sitting/standing: Constantly
• Light work that includes moving objects up to 20 pounds: Occasionally
• Medium work that includes moving objects up to 50 pounds: Occasionally
• Heavy work that includes moving objects up to 100 pounds or more: Rarely

Working Conditions:

• Low temperatures: Rarely
• High temperatures: Occasionally
• Outdoor elements such as precipitation and wind: Occasionally
• Noisy environments: Occasionally
• Hazardous conditions: Rarely
• Shift work, to include overnight work: Never
• Frequent overtime, including weekends: Never
• Office environment: Constantly

Pave America and it's companies offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

We are an Equal Opportunity Employer and comply with OFCCP regulations. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Pave America and it's companies promote a drug-free workplace. We will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries. In compliance with OFCCP requirements, we invite applicants to voluntarily self-identify their gender, race, and veteran status. Submission of this information is voluntary and refusal to provide it will not subject you to any adverse treatment.