Marc Timberman, Chief Financial Officer
Professional Overview
Marc Timberman is an experienced Chief Financial Officer with a strong track record of driving financial strategy and operational excellence in the construction industry. He leverages his deep expertise in financial management, strategic planning, and business optimization to bolster organizational performance and profitability.
Experience Summary
Current Role
As the Chief Financial Officer at Adolfson & Peterson Construction since 2020, Marc is responsible for overseeing all financial operations, including forecasting, budgeting, and reporting. He works closely with the executive team to develop and implement financial strategies that support the company's growth objectives. Under his leadership, Adolfson & Peterson Construction has achieved significant improvements in cash flow management and cost control, contributing to the firm's enhanced profitability.
Career Progression
Prior to his current role, Marc served as the Chief Financial Officer at Clark Builders, where he played a pivotal role in driving financial transformation and operational efficiency. During his tenure, he implemented robust cost management practices and streamlined financial reporting, resulting in a 15% increase in gross profit margins over a four-year period. Prior to that, Marc held various finance leadership positions at Turner Construction, including Assistant Controller and Senior Financial Manager, where he honed his expertise in construction-specific financial management.
Academic Background
Marc holds a Bachelor of Science in Accounting from the University of Minnesota, where he graduated with Honors. He is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA).
Areas of Expertise
- Financial management and reporting
- Strategic planning and business optimization
- Cost control and cash flow management
- Construction industry finance and accounting
- Mergers, acquisitions, and integration
- Capital project financing
- Risk management and compliance
Professional Impact
Throughout his career, Marc has been recognized for his ability to drive financial and operational improvements in complex construction environments. He has led the successful integration of multiple acquisition targets, streamlining financial processes and achieving synergies that enhance overall business performance. Marc's expertise in construction-specific financial management has also enabled him to provide strategic guidance and technical support to project teams, ensuring the successful delivery of large-scale capital projects.
Conclusion
With over 20 years of experience in the construction industry, Marc Timberman is a seasoned finance executive with a proven track record of driving financial and operational excellence. As the Chief Financial Officer at Adolfson & Peterson Construction, he continues to leverage his deep expertise to support the company's growth and profitability objectives, positioning it for long-term success.
