Construction Controller

Job Description: Construction Controller

Position Overview: We are seeking a highly skilled and experienced Construction Controller to join our dynamic team. The Construction Controller will play a pivotal role in overseeing the financial operations of our construction projects, ensuring accurate accounting, budget management, and financial reporting. The ideal candidate will possess a strong background in construction accounting, excellent analytical abilities, and effective communication skills.

Responsibilities:

1. Financial Management:
   • Oversee and manage all financial aspects of construction projects, including budgeting, forecasting, and cost control.
   • Develop and maintain project budgets, tracking expenses and comparing them to the budgeted costs.
   • Monitor and analyze project costs, variances, and trends, providing timely and accurate financial reports to senior management.
   • Ensure compliance with accounting standards, industry regulations, and company policies.
2. Accounting and Reporting:
   • Maintain accurate project accounting records, including journal entries, expense allocations, and accruals.
   • Prepare regular financial statements, including balance sheets, income statements, and cash flow statements, for internal and external stakeholders.
   • Collaborate with the finance team to consolidate financial data for organizational reporting purposes.
3. Cost Analysis:
   • Conduct in-depth cost analysis to identify cost-saving opportunities and provide recommendations to enhance project profitability.
   • Review and validate subcontractor and vendor invoices for accuracy and adherence to contract terms.
4. Budgeting and Forecasting:
   • Collaborate with project managers to develop project budgets and financial forecasts.
   • Monitor project performance against budgets and forecasts, identifying deviations and implementing corrective actions as necessary.
5. Internal Controls:
   • Implement and maintain internal controls to safeguard company assets, prevent fraud, and ensure the accuracy of financial data.
   • Work with auditors during internal and external audits to provide necessary documentation and explanations.
6. Team Collaboration:
   • Collaborate cross-functionally with project managers, procurement teams, and other stakeholders to ensure alignment on financial goals and objectives.
   • Provide guidance and support to junior members of the finance and accounting team.
7. Process Improvement:
   • Continuously assess and enhance financial processes, systems, and procedures to streamline operations and improve efficiency.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field. Master's degree or CPA designation preferred.
• Proven experience as a Construction Controller or similar role within the construction industry.
• Strong understanding of construction accounting principles, including revenue recognition, project costing, and job costing.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent analytical and problem-solving skills, with attention to detail.
• Effective communication and interpersonal abilities.
• Ability to work in a fast-paced, deadline-driven environment.
• Familiarity with construction ERP systems is a plus.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Professional development opportunities.
• Collaborative and inclusive work environment.
• Opportunity to contribute to impactful construction projects.

If you meet the qualifications and are ready to take on a challenging role in overseeing the financial aspects of construction projects, we invite you to apply. Please submit your resume, cover letter, and references through our online application portal.

Job Requirements: Construction Controller

Education:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field is required.
• Master's degree in Accounting, Finance, or a related discipline, or a CPA (Certified Public Accountant) designation is preferred.

Experience:

• A minimum of 5-7 years of relevant experience in construction accounting, financial management, or a similar role within the construction industry.
• Proven track record of overseeing financial operations for construction projects of varying sizes and complexities.

Technical Skills:

• Strong understanding of construction accounting principles, including revenue recognition, job costing, project costing, and WIP (Work in Progress) accounting.
• Proficiency in using accounting software and ERP systems, with experience in construction-specific software a plus.
• Advanced knowledge of Microsoft Excel for financial analysis, modeling, and reporting.

Financial Management:

• Demonstrated ability to manage and monitor project budgets, expenses, and financial performance.
• Experience in cost analysis, variance analysis, and providing actionable recommendations for cost control and optimization.
• Familiarity with financial reporting, including the preparation of balance sheets, income statements, and cash flow statements.

Regulatory and Compliance:

• Thorough knowledge of accounting standards and regulations relevant to the construction industry.
• Experience ensuring compliance with industry-specific regulations, tax requirements, and accounting guidelines.

Communication and Collaboration:

• Excellent verbal and written communication skills to effectively interact with internal teams, external stakeholders, and senior management.
• Ability to collaborate cross-functionally, working closely with project managers, procurement teams, and other departments.

Analytical Abilities:

• Strong analytical skills to interpret financial data, identify trends, and draw meaningful insights for decision-making.
• Problem-solving capabilities to address financial challenges and recommend solutions.

Leadership and Teamwork:

• Experience in providing guidance and mentorship to junior members of the finance and accounting team.
• Demonstrated ability to lead financial discussions and influence stakeholders towards achieving financial goals.

Attention to Detail:

• Keen attention to detail when reviewing financial documents, contracts, and vendor invoices to ensure accuracy and compliance.

Adaptability:

• Ability to thrive in a fast-paced, dynamic construction environment with changing priorities and tight deadlines.

Process Improvement:

• Proven track record of identifying opportunities for process improvement and implementing effective solutions to streamline financial operations.

Ethical Conduct:

• High ethical standards and commitment to maintaining confidentiality and integrity in financial dealings.

Certifications (Preferred):

• CPA (Certified Public Accountant) designation.
• Relevant industry certifications related to construction accounting or financial management.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Professional development opportunities.
• Collaborative and inclusive work environment.
• Opportunity to contribute to impactful construction projects.

These requirements reflect the qualifications and skills needed to excel in the role of a Construction Controller. Candidates who meet these requirements are encouraged to apply and contribute to the success of our construction projects through effective financial management and leadership.