Construction Controller

Construction Controller

13 Dec 2024
California, San francisco bay area 00000 San francisco bay area USA

Construction Controller

Position Overview: We are seeking a highly skilled and experienced Construction Controller to join our dynamic team. The Construction Controller will play a pivotal role in overseeing the financial operations of our construction projects, ensuring accurate accounting, budget management, and financial reporting. The ideal candidate will possess a strong background in construction accounting, excellent analytical abilities, and effective communication skills. This is a very “hands-on” position and oversees one staff accountant.

Responsibilities:

1. Financial Management:

o Oversee and manage all financial aspects of construction projects, including budgeting, forecasting, and cost control.

o Develop and maintain project budgets, tracking expenses and comparing them to the budgeted costs.

o Monitor and analyze project costs, variances, and trends, providing timely and accurate financial reports to senior management.

o Ensure compliance with accounting standards, industry regulations, and company policies.

2. Accounting and Reporting:

o Maintain accurate project accounting records, including journal entries, expense allocations, and accruals.

o Prepare regular financial statements, including balance sheets, income statements, and cash flow statements, for internal and lenders.

3. Cost Analysis:

o Conduct in-depth cost analysis to identify cost-saving opportunities and provide recommendations to enhance project profitability.

o Review and validate subcontractor and vendor invoices for accuracy and adherence to contract terms.

4. Internal Controls:

o Implement and maintain internal controls to safeguard company assets, prevent fraud, and ensure the accuracy of financial data.

o Work with auditors during internal and external audits to provide necessary documentation and explanations.

5. Team Collaboration:

o Collaborate cross-functionally with project managers, procurement teams, and other stakeholders to ensure alignment on financial goals and objectives.

o Provide guidance and support to junior members of the finance and accounting team.

6. Process Improvement:

o Continuously assess and enhance financial processes, systems, and procedures to streamline operations and improve efficiency.

Qualifications:

Bachelor's degree in Accounting preferred.

A minimum of 5-7 years relevant experience in construction accounting.

Proven experience as a Construction Controller or similar role within the construction industry.

Strong understanding of construction accounting principles, including revenue recognition, job costing and WIP (Work in Progress) reporting.

Advanced knowledge of Microsoft Excel for financial analysis, modeling, and reporting.

Excellent analytical and problem-solving skills, with attention to detail.

Effective communication and interpersonal abilities.

Ability to work in a fast-paced, deadline-driven environment.

Familiarity with QuickBooks and Contractor Foreman is a plus.

Benefits:

Competitive salary and performance-based bonuses.

Comprehensive benefits package, including health, dental, and retirement plans.

Collaborative and inclusive work environment.

These requirements reflect the qualifications and skills needed to excel in the role of a Construction Controller. Candidates who meet these requirements are encouraged to apply and contribute to the success of our company through effective financial management and leadership.

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