Assistant Construction Controller

Overview:The Assistant Controller of Construction Accounting is responsible for overseeing all financial operations related to the company’s construction projects. This role includes performing and managing the construction accounting from project initiation to close out for all projects, ensuring accurate and timely financial reporting, maintaining compliance with industry regulations, and implementing all processes as specified by the CFO and Corporate Controller. Further, the Assistant Controller will be responsible for the timely processing of all draws and reconciling of included invoices. This person will directly support the construction team and be responsive to their needs and requirements.

Responsibilities

• Financial Management and accounting in accordance with accepted construction accounting practices
• Oversee all financial aspects of construction projects, including budgeting, forecasting, job costing, and financial reporting
• Ensure accurate and timely preparation of financial statements in compliance with GAAP and company policies
• Monitor project costs, profitability, and financial performance, providing insights and recommendations to senior management
• Manage cash flow, including billing, collections, and payment schedules to optimize working capital
• Take overall responsibility to produce draw packages in a timely and accurate fashion for delivery to the Controller of Development
• Ensure compliance with payments against approved contracts
• Coordinate with project managers, estimators, and other departments to ensure seamless financial operations
• Internal Controls & Compliance:
• Develop and maintain robust internal controls to safeguard company assets and ensure compliance with financial regulations and company policies
• Oversee audits, including preparing for and responding to external audit requests
  
  

Project Accounting

• Manage job costing, ensuring all project costs are accurately tracked and reported
• Review and approve project budgets, change orders, and financial forecasts
• Ensure compliance with financial elements of contracts, lien waivers, and other requirements related to construction accounting
• Provide financial analysis and insights to support decision-making on project bids, capital investments, and other strategic initiatives