Assistant Controller

Our client, a dynamic firm, is seeking an Assistant Controller to start right away.

Location: Yonkers, NY

• Project Accounting & Job Costing: Conduct thorough analysis of project variances, monitor project expenses against predefined budgets, and ensure precise allocation of job costs for each construction initiative.
• Work-in-Progress (WIP) Reporting: Compile and assess WIP schedules, utilizing the percentage-of-completion method to ensure accurate revenue recognition over the project's lifespan.
• Compliance & Lien Management: Supervise compliance with subcontractor and supplier requirements, ensuring the collection and verification of Waivers of Lien, Insurance Certificates, and W-9 forms prior to payment processing.
• Financial Reporting: Contribute to the closure of monthly and annual financial periods by preparing consolidated financial statements and performing balance sheet reconciliations.
• Billing & Draws: Oversee specialized billing processes, such as AIA billing, and coordinate monthly loan draw requests and funding for capital projects.
• Audit & Tax Support: Act as a key contact for external auditors and assist in preparing documentation for sales tax filings and annual audit processes.
• Staff Supervision: Manage the daily functions of the accounting team, including accounts payable, accounts receivable, and payroll departments.

• Certified Public Accountant (CPA) designation preferred.
• Minimum of seven years of experience in accounting and finance, with a preference for those with a background in construction or real estate development.
• Comprehensive knowledge of construction cost codes, contractual processes, percentage of completion accounting, and cost allocation principles in construction finance.
• Strong grasp of internal control mechanisms within accounting practices.
• Solid understanding of financial reporting and the importance of each financial statement.
• Familiarity with tax-related matters is advantageous.