Job Overview
The Financial Controller leads the accounting department and ensures the accuracy of all company financials. This role is responsible for maintaining the integrity of project-level data (Work-In-Progress schedules, job costs, and change orders) to support executive decision-making and ensure bonding capacity remains secure.
Key Responsibilities
Job Costing & Project Accounting
- Manage job cost tracking and allocate labor, materials, equipment, and overhead to specific cost codes.
- Maintain and analyze Work-In-Progress (WIP) schedules to provide an accurate view of project profitability.
- Review and approve project change orders and assess their financial impact.
- Ensure accurate billing (e.g., progress billings, AIA billing) and efficient collections.
Financial Reporting & Analysis
- Prepare monthly, quarterly, and annual financial statements following Generally Accepted Accounting Principles (GAAP).
- Produce budget-to-actual reports and report variances to leadership.
- Monitor cash flow projections and oversee banking and treasury operations.
- Aid executives and estimators with financial analysis for upcoming project bids.
Compliance & Internal Controls
- Establish and monitor internal financial controls to prevent errors and mitigate fraud risks.
- Ensure compliance with construction-specific requirements, including certified payroll, lien waivers, and retainage tracking.
- Oversee corporate tax compliance and coordinate internal and external audits.
- Manage commercial insurance audits, bond capacities, and pre-qualification financial submissions.
Qualifications & Requirements
- Education: Bachelor’s degree in Accounting, Finance, or Business Administration. CPA, CMA, or CCIFP (Certified Construction Industry Financial Professional) preferred.
- Experience: 5+ years of progressive financial management experience, specifically within the construction or real estate industry.
- Technical Skills: Advanced proficiency in construction ERP and accounting software (e.g., Sage 300 CRE, Viewpoint Vista, Procore, or JD Edwards) and Microsoft Excel.
- Industry Knowledge: Deep understanding of percentage-of-completion accounting, contract types (e.g., T&M, Fixed Price, GMP), and heavy civil or commercial construction workflows.