What are the responsibilities and job description for the Controller position at Steward Machine Co., Inc.?
About the Company
We are seeking an experienced Controller with 10 years of progressive accounting experience, including deep expertise in percentage-of-completion (POC) accounting within a manufacturing or project-based environment.
About the Role
This role will own the financial close process, oversee job costing integrity, and deliver accurate monthly POC reporting tied to active contracts. The Controller will work directly with Project Managers, AR, AP, and executive leadership to ensure financial visibility, margin protection, and compliance. This is a hands-on leadership role suited for someone comfortable operating in a dynamic, production-driven environment with complex contracts.
Responsibilities
- Financial Reporting & Close
- Lead and execute monthly, quarterly, and annual close processes
- Ensure accurate general ledger accounting and reconciliations
- Prepare timely internal financial statements and executive reporting packages
- Oversee audit preparation and external CPA coordination
- Percentage-of-Completion (POC) Accounting
- Develop and maintain monthly POC/WIP schedules
- Validate cost-to-complete estimates in coordination with Project Managers
- Calculate earned revenue, over/under billings, and gross margin by project
- Monitor contract modifications and change orders for revenue recognition impact
- Ensure compliance with ASC 606 revenue recognition standards
- Job Costing & Project Financial Controls
- Partner with Project Managers to track job performance and forecast profitability
- Review cost coding accuracy and support monthly margin reviews
- Maintain integrity of job cost system
- Analyze labor, material, subcontractor, and overhead allocations
- AR, AP & Billing Oversight
- Oversee accounts receivable processes including progress billing and retention tracking
- Ensure timely and accurate invoicing tied to project milestones
- Supervise accounts payable operations and cash flow management
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA preferred)
- Minimum 10 years of progressive accounting experience
- Demonstrated experience with Percentage-of-Completion (POC) accounting
- Manufacturing or construction/job-cost environments
- WIP reporting and revenue recognition under ASC 606
- Experience managing AR/AP teams
- Strong ERP system experience (Epicor or similar preferred)
- Advanced Excel skills (financial modeling, WIP schedules, cost analysis)
Required Skills
- Comfortable working in a fast-paced industrial manufacturing environment
- Detail-oriented but able to see the big financial picture
- Strong communicator able to interface with engineers and project managers
- Proactive in identifying margin risk and cost overrun trends
- Hands-on leader willing to dive into schedules, reconciliations, and job data
Preferred Skills
- Performance Metrics (First 12 Months)
- Monthly close consistently completed on schedule
- Accurate and defensible POC reporting
- Improved job cost visibility and forecast accuracy
- Reduced aging in AR and improved cash cycle
- Strengthened financial reporting clarity for executive decision-making
Pay range and compensation package
[Pay range or salary or compensation]
Equal Opportunity Statement
[Include a statement on commitment to diversity and inclusivity.]