What are the responsibilities and job description for the Assistant Controller position at IMC Construction Career Center?
The Assistant Controller position, which reports directly to the Director of Finance and Controller, is responsible for supporting the financial operations of IMC. The Assistant Controller is integral to maintaining the financial integrity of IMC, supporting various financial processes, and ensuring adherence to regulatory standards. The Assistant Controller should work closely with the Director of Finance and Controller to ensure accurate and compliant financial reporting.
Duties and Responsibilities:
• Help coordinate and prepare monthly financial statements, perform account reconciliations and analyses, and prepare journal entries in accordance with Generally Accepted Accounting Principles.
• Establish and maintain internal controls, assist in formulating policies, procedures and best practices, and participate in preparing for the annual audits.
• Assist with the budgeting process, management of forecasts and analyzing cost variances.
• Manage all aspects of the general ledger, payroll and 401K administration.
• Supervise, mentor and train junior staff members in accounting principles and best practices.
• Coordinate with Project Accounting to ensure accuracy and timeliness of information to and from accounts payable as they impact project costing.
• Accumulate job cost data from timesheets, ensuring accuracy and timeliness of information as they impact project costing. Assist with the day-to-day maintenance of online payroll and HR technology provider.
• Supervise the preparation of all payroll related weekly, monthly, quarterly and annual returns, to include form W-2, ensure hands-on understanding of all processes.
• Supervise the accuracy and timely preparation of annual IRS form 1099.
• Supervise the preparation of sales/use tax returns and develop an expert level knowledge of local and state tax regulations as they pertain to the construction industry.
• Ensure all local, county, state licenses to include contractor, business and tax accounts are proactively acquired and maintained.
• Support the Director of Finance and Controller with IMC’s Subcontractor prequalification process.
• Maintain confidentially of all financial and payroll information.
• Perform other duties as assigned
Duties and Responsibilities:
• Help coordinate and prepare monthly financial statements, perform account reconciliations and analyses, and prepare journal entries in accordance with Generally Accepted Accounting Principles.
• Establish and maintain internal controls, assist in formulating policies, procedures and best practices, and participate in preparing for the annual audits.
• Assist with the budgeting process, management of forecasts and analyzing cost variances.
• Manage all aspects of the general ledger, payroll and 401K administration.
• Supervise, mentor and train junior staff members in accounting principles and best practices.
• Coordinate with Project Accounting to ensure accuracy and timeliness of information to and from accounts payable as they impact project costing.
• Accumulate job cost data from timesheets, ensuring accuracy and timeliness of information as they impact project costing. Assist with the day-to-day maintenance of online payroll and HR technology provider.
• Supervise the preparation of all payroll related weekly, monthly, quarterly and annual returns, to include form W-2, ensure hands-on understanding of all processes.
• Supervise the accuracy and timely preparation of annual IRS form 1099.
• Supervise the preparation of sales/use tax returns and develop an expert level knowledge of local and state tax regulations as they pertain to the construction industry.
• Ensure all local, county, state licenses to include contractor, business and tax accounts are proactively acquired and maintained.
• Support the Director of Finance and Controller with IMC’s Subcontractor prequalification process.
• Maintain confidentially of all financial and payroll information.
• Perform other duties as assigned