What are the responsibilities and job description for the Construction Project Controller position at Bachner Electro USA, Inc.?
Department: Accounting & Finance / Operations
Position Type: Full-Time, On-Site Location: Duncan, SC
About The Role
We are seeking a detail-oriented Construction Project Controller to oversee project financial performance, job costing, budgeting, forecasting, and work-in-progress (WIP) reporting.
This role partners with project managers, operations, procurement, and accounting to maintain accurate project financials and support profitability. The position also assists Accounts Payable and Accounts Receivable and completes month-end accounting activities related to WIP, project costs, and revenue.
Key Responsibilities
Project Financial Management
Position Type: Full-Time, On-Site Location: Duncan, SC
About The Role
We are seeking a detail-oriented Construction Project Controller to oversee project financial performance, job costing, budgeting, forecasting, and work-in-progress (WIP) reporting.
This role partners with project managers, operations, procurement, and accounting to maintain accurate project financials and support profitability. The position also assists Accounts Payable and Accounts Receivable and completes month-end accounting activities related to WIP, project costs, and revenue.
Key Responsibilities
Project Financial Management
- Establish and maintain project budgets, cost codes, and financial forecasts.
- Monitor actual costs and purchase commitments against budgets; investigate variances and identify potential cost overruns.
- Review labor, materials, equipment, and subcontractor costs for accurate project and cost code allocation.
- Partner with project managers to validate project progress, update estimated costs to complete, and assess projected profit margins.
- Track change orders and their impact on contract values, budgets, revenue, and profitability.
- Prepare project financial reports highlighting performance, risks, and recommended corrective actions.
- Assist AP with project invoice coding, purchase order discrepancies, subcontractor costs, and other project-related accounting issues.
- Review outstanding purchase commitments and identify incurred project costs requiring accrual.
- Assist AR with progress billings, retainage, billing discrepancies, and project payment status.
- Coordinate with AP, AR, and project teams to resolve discrepancies and ensure project costs and billings are recorded accurately and on time.
- Complete project-related month-end close tasks within established deadlines.
- Prepare and reconcile monthly WIP schedules, including costs incurred, estimated costs to complete, earned revenue, and overbillings or underbillings.
- Prepare and post project-related journal entries, including cost accruals, cost transfers, and revenue adjustments, subject to required approvals.
- Reconcile job cost, WIP, and related balance sheet accounts to the general ledger; investigate and resolve differences.
- Review project transactions for proper cutoff, coding, and completeness.
- Support project closeout by verifying final costs, billings, commitments, and remaining balances.
- Maintain supporting documentation and assist with audits, internal controls, and process improvements.
- Bachelor’s degree in Accounting, Finance, Construction Management, or a related field, or equivalent relevant experience.
- Experience in construction accounting, project financial management, or project controls, including hands-on month-end close responsibilities.
- Strong understanding of job costing, WIP schedules, construction revenue recognition, budgeting, and forecasting.
- Working knowledge of AP, AR, progress billing, retainage, purchase orders, and change orders.
- Ability to prepare journal entries, reconcile accounts, and investigate financial discrepancies.
- Strong Excel, analytical, organizational, and communication skills.
- Ability to manage multiple projects and collaborate with accounting, operations, and project management teams.
- Experience with Sage Intacct and Sage Construction Management preferred.
- Competitive salary based on experience.
- Health, dental, and vision insurance.
- 401(k) with company match.
- Paid time off and paid holidays.
- Professional development opportunities.
- Opportunity to grow with one of the fastest-growing contractors in the region.
- On-site in Duncan, SC.
- Collaborative team environment.