Controller

Controller

Reports to: Chief Financial Officer (CFO)

Industry: Construction / Building Management Systems (BMS)

Location: Long Island City, NY

Salary & Benefits: $145,000 – $195,000

Bonus Potential: 10% – 20% of base salary, based on company achievement of financial goals and personal achievement of personal goals to be defined.

TEC also offers a comprehensive benefits package including medical, dental, vision, 401(k), paid time off, and opportunities for professional development

Position Summary

The Controller will serve as the number-two financial executive to the CFO, overseeing all day-to-day accounting operations. This role is a "player-coach" position, requiring hands-on execution of complex construction accounting tasks—including AIA billing and Work-in-Progress (WIP) reporting—while also managing a small accounting team. The ideal candidate has deep experience in the percentage-of-completion method and project-based financial management.

Key Responsibilities

Project Accounting & Revenue Recognition

• AIA Billing: Manage the full-cycle AIA billing process, including G702/G703 forms, schedules of values, and meticulous tracking of retainage.
• WIP & Cost-to-Complete: Lead the preparation and analysis of monthly Work-in-Progress (WIP) schedules identifying overbillings/underbillings and coordinating with project managers to refine "cost-to-complete" estimates.
• Job Costing: Oversee job cost accounting to ensure labor, materials, subcontractors and overhead are accurately allocated to specific construction projects.

Financial Management & Reporting

• Financial Statements: Prepare timely monthly, quarterly, and annual financial statements in accordance with U.S. GAAP.
• Treasury & Reconciliations: Manage cash transactions, bank reconciliations, and banking relationships to ensure liquidity for ongoing projects and bonding requirements.
• Payroll: Oversee the payroll function, ensuring compliance with prevailing wage requirements associated with government contracts and accurate labor burden allocation.
• Accounts Payable: Oversee the accounts payable function, ensuring compliance with purchase order specifications, GL coding and assignment to projects.

Internal Controls & Compliance

• Audit Readiness: Serve as the primary point of contact for external auditors and bonding companies.
• Internal Controls: Maintain and improve internal control policies to safeguard company assets and ensure data integrity.

Qualifications & Skills

• Experience: 7 years of progressive accounting experience, with at least 3 years in a construction-related Controller or Assistant Controller role.
• Education: Bachelor’s degree in Accounting or Finance; CPA or CMA preferred.
• Technical Proficiency: Advanced knowledge of construction accounting software (e.g., ProCore, Starbuilder, Sage 300 Construction/Timberline) and expert-level Excel skills.
• Industry Knowledge: Familiarity with the unique billing and service requirements of Building Management Systems and high-end HVAC/control systems.

About TEC Building Systems

TEC Building Systems engineers custom building automation solutions that optimize building performance, efficiency, and reliability. For over four decades, TEC has partnered with building owners, operators, and contractors to design, install, and service intelligent control systems across New York City and the surrounding region. Our team is driven by technical excellence, collaboration, and a commitment to delivering solutions our clients can trust. More at tecsystemsnyc.com