Construction Controller CPA Preferred
7+ Yrs. Experience Minimum
The Controller is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements.
The Controller will use their prior construction cost accounting experience to analyze cost records to ascertain distribution of costs for service agreements, design and construction projects. The candidate will be responsible for classifying labor, material and overhead costs to compute the unit costs of product or service; and records cost data for use by management in controlling expenditures.
The Controller determines and installs cost accounting methods and procedures throughout the company. This role analyzes actual costs versus contracted costs and prepares reports of variances; it also computes cost value of work in process, and complies cost data for preparation of operating budgets.
This individual is responsible for the general ledger, job cost, bank reconciliations and accounts payable, and account receivables. Additional responsibilities include performing monthly closings, maintenance of accounting files, and preparation/organization of various financial forms, reports, and financial analyses, and compliance. The position will help the organization achieve its strategic and financial objectives by executing on deliverables such as:
- Monitor and accurately report Company profitability to include: job profitability; unapplied contract related costs; general and administrative expenses; and financing related expenses and investment income.
- Liquidity analysis and management to include identifying future cash needs and planning to meet those needs; and forecasting Company's financial condition and financing requirements and providing periodic comparisons of such forecasts to actual conditions.
- Maintain an adequate system of accounting records, implementing a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the Company's reported financial results.
- Ensure reported results comply with GAAP (Generally Accepted Accounting Principles) and maintain the chart of accounts.
- Match payables to job for costing determinations.
- Review posted transactions for accuracy.
- Review AIA billing as well as general invoicing.
- Ensure client billing is accurate and processed in a timely manner.
- Ensure that accounts receivable are collected promptly.
- Produce monthly percentage of completion reports for month-end close.
- Communicate routinely with Owners and Project Managers on a variety of job-related topics including costs incurred to date, estimated costs to complete insurance and contract agreements.
- In collaboration with operations, develop a strong comprehensive cost accounting function team including AR/AP, Payroll, GL and cost accounting.
- Participate in the formation and implementation of Company financial plans.
- Preparation of all monthly, quarterly, and annual financial reports.
- Manage Company and project cash flow.
- Manage external audits including G/L liability, workers compensation, sales and use tax audits, the annual insurance renewal audit, and other on demand external audits.
- Support and lead internal and external reporting requirements as it related to Board of Directors, Investors, and various federal industry required compliance.
- In-depth knowledge of applicable laws, regulations, financial/accounting principles, practices and standards as applied to government contracting environment
- Develop written accounting procedures for the operations staff and work with team to ensure proper compliance.
- Assure the selection, appraisal, and development of accounting personnel consistent with Company values.
OUTCOMES:
- Increase profitability and drive operational costs down
- Increase economies of scales and create efficiencies
- Participate in the formation and implementation of Company financial plans.
- Preparation of all financial reports in an accurate and timely manner.
- Provide reporting and budgeting as required by Senior and upper Management.
- Manage Company and project cash flow.
- Hold project managers accountable to increase financial efficiencies and increase profit
REQUIREMENTS:
- Bachelor's degree in Accounting plus 7 – 10+ years accounting experience. Experience as a Certified Public Accountant (CPA) or Certified Construction Industry Financial Professional (CCIFP) supervising staff is highly desirable.
- 7-10+ years accounting experience, with at least 5 years of construction industry experience.
- Advanced computer skills in MS Office, other Accounting Software, and Databases.
- Preferred knowledge in Foundation Software
- Ability to meet deadlines and remain positive under a demanding workload.
- Ability to manage and protect confidential data, information and planning.
- Exhibit a strong sense of urgency, initiative and exceptional analytical skills.
- Maintain absolute confidentiality in all business matters
Work Location: Selma, NC
How to Apply: Interested candidates should apply by sending their resume & cover letter to Andrea@browecon.com
Benefits offered:
- Paid time off
- Health insurance
- Workplace perks such as food/coffee and flexible work schedules
- Healthcare spending or reimbursement accounts such as HSAs
- Retirement benefits or accounts