What are the responsibilities and job description for the Controller position at Confidential?
Company Overview
A New Bedford, MA based drywall and construction company. Commercial Drywall & Construction Co. is a privately owned construction company with over 25 years of successful operations. We service the areas of Massachusetts, Rhode Island, Connecticut, and New Hampshire and specialize in a wide range of commercial services. Our company consists of over 100 employees who take pride in their work and provide optimal services while still adhering to budgets and meeting deadlines.
Job Summary
The Controller position is responsible for the accounting operations of the company. This includes the production of monthly financial statements, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to efficiently operate the company and mitigate risk. Specifically, tracking and paying A/P accounts, Invoicing customers from Work in Process Project Management documents and daily Invoicing releases, tracking and collecting A/R accounts, payroll and statutory tax filings, production of monthly financial reports, and annual preparation of operating Budgets. This position is also responsible for the accuracy of the company's reported financial results and ensuring they reflect the appropriate results of each project launched and/or completed, and that all published information complies with generally accepted accounting principles. The scope of the position is also responsible for cash management and financial analysis with emphasis on conducting monthly variance analysis relative to approved budgets.
Responsibilities
- Maintain a documented system of accounting policies and procedures
- Oversee the operations of the accounting department
- Complete annual operating budgets for approval by the General Manager.
- Ensure that accounts payable are paid in a timely manner
- Ensure that accounts receivable are collected
- Ensure payroll is processed and completed
- Track job costing, work-in-process (WIP), and percentage completion revenue recognition
- Establish cost code structures
- Issue customer Invoices, including AIA billings and change orders
- Manage retainage, lien waivers and billing cycles
- Allocate labor burden, overhead, and track productivity
- Complete monthly bank reconciliations are completed
- Maintain the chart of accounts
- Maintain an orderly accounting filing system
- Maintain a system of controls over accounting transactions
- Issue monthly financial statements by the 10th working day of the month
- Calculate and issue financial and operating metrics
- Calculate variances from the budget and report significant issues to management
- Provide for a system of management cost reports
- Comply with local, state, and federal government reporting requirements and tax filings.
REQUIREMENTS:
Education/Certification:
Bachelor’s degree in accounting, finance, or business administration. Certified Management Accountant designation a plus.
Required knowledge:
Demonstrated ability to establish budgets, complete variance analysis, close and publish monthly results.
Proficiency in construction ERP/accounting systems, e.g. Sage
Strong Excel skill (pivot tables, lookups, modeling)
Understand field time-tracking systems and payroll integration
EXPERIENCE REQUIRED:
10 years accounting experience, 3 years in construction accounting with a specialty subcontractor
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Health insurance
- Paid time off
Work Location: In person