What are the responsibilities and job description for the Assistant Controller position at Bay Electric Co.?
About Bay Electric Co., Inc.
Bay Electric Co., Inc. is a Virginia-based electrical contractor serving government, healthcare, commercial, industrial, utility, and renewable energy clients throughout the East Coast. Since 1964, we have successfully completed thousands of projects while providing quality electrical and construction services.
Position Summary
Bay Electric Co., Inc. is seeking an Assistant Controller to join our accounting team on site in Newport News, VA. This position assists with the day-to-day management of the accounting function, financial reporting, payroll administration, contract billings, and compliance activities in a fast-paced construction environment.
The Assistant Controller works closely with leadership, accounting staff, and external auditors to maintain accurate financial records, support reporting requirements, and ensure adherence to accounting standards and internal controls.
Responsibilities
- Prepare, review, and analyze monthly and quarterly financial statements
- Assist with month-end and year-end closing processes
- Process weekly payroll and related tax filings
- Administer employee benefit accounting and reporting activities
- Prepare and review monthly contract billings
- Assist with financial reporting, budgeting, and special accounting projects
- Support annual financial audits and coordinate with external auditors
- Maintain compliance with GAAP, tax regulations, and internal control procedures
- Analyze financial data and provide recommendations to support business decisions
- Maintain confidentiality of financial and company information
- Perform other related duties as assigned
Qualifications
Required
- Bachelor’s degree in accounting or related field, or equivalent experience
- Minimum of 3 years of accounting experience
- Strong understanding of accounting principles and financial reporting
- Experience with payroll processing and tax filings
- Proficiency with Microsoft Office, particularly Excel
- Strong analytical, organizational, and problem-solving skills
- Ability to manage multiple priorities and meet deadlines
Preferred
- CPA designation
- Construction industry accounting experience
- Knowledge of corporate, partnership, and individual taxation
- Experience with job costing, contract billings, and construction financial reporting
Key Competencies
- Attention to detail and accuracy
- Financial analysis and problem-solving
- Professional judgment
- Leadership and supervisory skills
- Communication and collaboration
- Organization and time management
- Ability to work effectively in a fast-paced environment
Pay: From $70,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
License/Certification:
- CPA (Preferred)
Ability to Commute:
- Newport News, VA 23607 (Required)
Work Location: In person
Salary : $70,000