Suggestions
Ccifp Jim Bracy
Senior Vice President, Surety at Lockton Companies
Professional Background
Jim Bracy is an extraordinary professional whose extensive career in the construction industry spans over 20 years, with a primary focus on financial leadership. As a results-oriented leader, Jim has mastered the role of Chief Financial Officer (CFO) and has a profound understanding of organizational finance, particularly in the construction sector. His career has been characterized by a commitment to driving growth and enhancing profitability for construction companies of all sizes.
In his various roles, Jim has showcased an exceptional ability to implement and maintain bonding programs, collaborating effectively with both large and small surety underwriting firms. This experience has positioned him as a knowledgeable expert within his field, ultimately leading to his current role as a Surety Producer at Willis. His unique standpoint, fortified by hands-on experience and acute financial acumen, enables him to provide profound insights and practical solutions for clients navigating the challenges in today’s competitive construction landscape.
Jim's leadership approach emphasizes a hands-on engagement with clients, addressing their pain points and assisting them in overcoming the complexities of financial management and surety guidance. His dedication to client success and deep commitment to the strategic growth of construction businesses are hallmarks of his professional ethos.
Education and Achievements
Jim is a proud alumnus of the Eller College of Management at The University of Arizona, where he studied Business Administration with a concentration in Accounting. His solid educational foundation has greatly contributed to his expertise as a Certified Public Accountant (C.P.A.) and a Certified Construction Industry Financial Professional (CCIFP). In addition to these credentials, he is a licensed Arizona Insurance Agent, bringing a multifaceted perspective to his roles in finance and insurance within the construction realm.
Throughout his career, Jim has held several prestigious positions, demonstrating his capability and effectiveness as a financial leader. He has served as the Chief Financial Officer at diverse organizations, including Wholesale Floors LLC and DBSI, Inc., where he spearheaded financial strategies that led to enhanced operational efficiencies and profitability. As an Executive Vice President at StraightLine Utilities, LLC, he harnessed opportunities for strategic growth, solidifying his reputation as a leader who is as innovative as he is results-oriented.
In addition, Jim has actively participated in several professional organizations, including the Construction Financial Management Association (CFMA), where he has held the role of Past President for the Valley of the Sun Chapter. His engagement with CFMA and other notable associations underscores his commitment to continuous professional development and his investment in fostering the construction industry's growth.
Achievements
Jim Bracy's professional journey is marked by numerous achievements that reflect his commitment to excellence and strategic financial management in the construction industry. He has successfully implemented systems that streamline financial processes, optimize cash flows, and bolster profit margins for the companies he has worked with. His strategic foresight enables organizations to navigate shifting market dynamics while minimizing risk and maximizing financial returns.
As a leader, Jim has demonstrated proven capabilities in analyzing critical business drivers to inform decision-making and strategy development. His technical sophistication and high motivation have been integral to leading successful and dynamic operations. Furthermore, his dedication to maintaining an ethical, quality-driven professional reputation has earned him the trust, respect, and admiration of peers and colleagues alike.
Beyond his professional accomplishments, Jim is also a sports enthusiast, embracing an active lifestyle full of sports such as golf, softball, hiking, biking, weightlifting, and running. This commitment to physical fitness contributes to his overall well-being and enhances his leadership by instilling values of teamwork, discipline, and resilience—all critical attributes in today's fast-paced business environment.