What are the responsibilities and job description for the Financial Controller position at Ascendo Resources?
Position Summary
The Controller will oversee all accounting and financial operations for a construction company, ensuring accurate financial reporting, strong internal controls, and compliance with GAAP and industry-specific regulations. This role requires deep experience in construction accounting, including job costing, percentage-of-completion, WIP reporting, and cash flow management across multiple projects.
Key Responsibilities
- Oversee the full-cycle accounting function, including general ledger, AP/AR, payroll, and month-end close
- Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP
- Manage construction-specific accounting processes, including:
- Job costing and cost-to-complete analysis
- Percentage-of-completion and revenue recognition
- Work-in-Progress (WIP) schedules and variance analysis
- Change orders, retainage, and contract billing
- Monitor project profitability and provide financial insight to project managers and executive leadership
- Manage cash flow forecasting, banking relationships, and line of credit compliance
- Ensure compliance with bonding, insurance, lender, and tax requirements
- Oversee budgeting, forecasting, and financial planning processes
- Implement and maintain strong internal controls, policies, and procedures
- Coordinate and lead annual audits, reviews, and tax filings with external auditors and tax advisors
- Supervise and mentor accounting staff, ensuring timely and accurate deliverables
- Evaluate and improve accounting systems, processes, and reporting tools (ERP/project management systems)
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (required)
- CPA or CMA strongly preferred
- 7 years of progressive accounting experience, with at least 3–5 years in construction accounting
- Strong knowledge of construction accounting principles, including WIP, job costing, and revenue recognition
- Experience working with construction ERP systems (e.g., Sage, Viewpoint, Procore, Jonas, SAP, or similar)
- Advanced Excel skills; ability to analyze large data sets and build financial models
- Strong leadership, communication, and problem-solving skills
- Ability to work in a fast-paced, project-driven environment
Preferred Experience
- Experience supporting multiple concurrent projects or entities
- Experience working with bonding companies and lender reporting
- Familiarity with union payroll, prevailing wage, and multi-state operations (a plus)
Salary : $125,000 - $145,000