What are the responsibilities and job description for the Controller position at A.L. Adams Construction Co., LLC?
Job Title: Controller
A.L. Adams is looking for a hands-on, dynamic Controller This position is accountable for the accounting operations of our construction firm, to include the production of periodic financial reports, maintenance of our system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, cash management, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles (GAAP).
Financial Management:
- Oversee the preparation of financial statements, including balance sheets, income statements, and cash flow statements
- Manage monthly, quarterly, and year-end financial closings, ensuring accuracy and timeliness
- Develop, implement, and monitor financial controls to safeguard company assets and ensure compliance with accounting standards and accurate financial reporting
Construction Accounting:
- Maintain job cost accounting, tracking project costs and profitability, including labor, materials, and subcontractor expenses
- Oversee and track work-in-progress (WIP) reports, ensuring accurate accounting for ongoing projects, including costs incurred, revenue recognized and the percentage-of-completion accounting method.
- Manage project billing, including progress billings, change orders, and retention payments
- Work closely with project managers and construction staff to align financial practices with project timelines and phases
Accounts Payable & Receivable:
- Supervise the accounts payable and receivable functions, ensuring accuracy and adherence to company policies
- Review vendor contracts, subcontractor agreements, and purchase orders for compliance with financial guidelines
- Monitor collections and ensure timely payment of invoices, maintaining healthy cash flow
Audit & Compliance:
- Coordinate with external auditors, preparing required documentation and ensuring a smooth audit process
- Ensure compliance with local, state, and federal tax regulations and construction industry standards
Qualifications:
- Bachelor's or Master’s degree in Accounting, Finance or Business administration
- CPA or CMA preferred
- 5 years in construction accounting
- Proficiency in financial software and tools used in the construction industry
- Strong analytical and problem-solving skills to manage complex financial data