Description

Job Description: 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.

Responsibilities:

1. Financial Management:
   • Oversee and manage all financial aspects of construction projects, including budgeting, forecasting, and cost control.
   • Develop and maintain project budgets, tracking expenses and comparing them to the budgeted costs.
   • Monitor and analyze project costs, variances, and trends, providing timely and accurate financial reports to senior management.
   • Ensure compliance with accounting standards, industry regulations, and company policies.
2. Accounting and Reporting:
   • Maintain accurate project accounting records, including journal entries, expense allocations, and accruals.
   • Prepare regular financial statements, including balance sheets, income statements, and cash flow statements, for internal and external stakeholders.
   • Collaborate with the finance team to consolidate financial data for organizational reporting purposes.
3. Cost Analysis:
   • Conduct in-depth cost analysis to identify cost-saving opportunities and provide recommendations to enhance project profitability.
   • Review and validate subcontractor and vendor invoices for accuracy and adherence to contract terms.
4. Budgeting and Forecasting:
   • Collaborate with project managers to develop project budgets and financial forecasts.
   • Monitor project performance against budgets and forecasts, identifying deviations and implementing corrective actions as necessary.
5. Internal Controls:
   • Implement and maintain internal controls to safeguard company assets, prevent fraud, and ensure the accuracy of financial data.
   • Work with auditors during internal and external audits to provide necessary documentation and explanations.
6. Team Collaboration:
   • Collaborate cross-functionally with project managers, procurement teams, and other stakeholders to ensure alignment on financial goals and objectives.
   • Provide guidance and support to junior members of the finance and accounting team.
7. Process Improvement:
   • Continuously assess and enhance financial processes, systems, and procedures to streamline operations and improve efficiency.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field. Master's degree or CPA designation preferred.
• Proven experience as a Construction Controller or similar role within the construction industry.
• Strong understanding of construction accounting principles, including revenue recognition, project costing, and job costing.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• 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 construction ERP systems is a plus.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Professional development opportunities.
• Collaborative and inclusive work environment.
• Opportunity to contribute to impactful construction projects.

If you meet the qualifications and are ready to take on a challenging role in overseeing the financial aspects of construction projects, we invite you to apply. Please submit your resume, cover letter, and references through our online application portal.

Requirements

Job Requirements: Construction Controller

Education:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
• Master's degree in Accounting, Finance, or a related discipline, or a CPA (Certified Public Accountant) designation is preferred.

Experience:

• A minimum of 5-7 years of relevant experience in construction accounting, financial management, or a similar role within the construction industry.
• Proven track record of overseeing financial operations for construction projects of varying sizes and complexities.

Technical Skills:

• Strong understanding of construction accounting principles, including revenue recognition, job costing, project costing, and WIP (Work in Progress) accounting.
• Proficiency in using accounting software and ERP systems, with experience in construction-specific software a plus.
• Advanced knowledge of Microsoft Excel for financial analysis, modeling, and reporting.

Financial Management:

• Demonstrated ability to manage and monitor project budgets, expenses, and financial performance.
• Experience in cost analysis, variance analysis, and providing actionable recommendations for cost control and optimization.
• Familiarity with financial reporting, including the preparation of balance sheets, income statements, and cash flow statements.

Regulatory and Compliance:

• Thorough knowledge of accounting standards and regulations relevant to the construction industry.
• Experience ensuring compliance with industry-specific regulations, tax requirements, and accounting guidelines.

Communication and Collaboration:

• Excellent verbal and written communication skills to effectively interact with internal teams, external stakeholders, and senior management.
• Ability to collaborate cross-functionally, working closely with project managers, procurement teams, and other departments.

Analytical Abilities:

• Strong analytical skills to interpret financial data, identify trends, and draw meaningful insights for decision-making.
• Problem-solving capabilities to address financial challenges and recommend solutions.

Leadership and Teamwork:

• Experience in providing guidance and mentorship to junior members of the finance and accounting team.
• Demonstrated ability to lead financial discussions and influence stakeholders towards achieving financial goals.

Attention to Detail:

• Keen attention to detail when reviewing financial documents, contracts, and vendor invoices to ensure accuracy and compliance.

Adaptability:

• Ability to thrive in a fast-paced, dynamic construction environment with changing priorities and tight deadlines.

Process Improvement:

• Proven track record of identifying opportunities for process improvement and implementing effective solutions to streamline financial operations.

Ethical Conduct:

• High ethical standards and commitment to maintaining confidentiality and integrity in financial dealings.

Certifications (Preferred):

• CPA (Certified Public Accountant) designation.
• Relevant industry certifications related to construction accounting or financial management.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Professional development opportunities.
• Collaborative and inclusive work environment.
• Opportunity to contribute to impactful construction projects.

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 construction projects through effective financial management and leadership.