Overview:
We are seeking a highly skilled and experienced Controller to join our team. As a Controller, you will be responsible for overseeing all financial aspects of our organization. This is a critical role that requires strong analytical skills, attention to detail, and the ability to effectively communicate financial information to stakeholders.
EXPERIENCE
- 3-5 years of relevant experience in the construction industry is required
- A valid CPA CMA or other related accounting designation is preferred
- Experience with Sage 300 (Timberline) or Intacct is preferred
- CFMA and or CCIFP designation is preferred
SALARY RANGE
- $110,000 to $130,000 based upon experience
BENEFITS
- Health, Dental and Vision Insurance
- 401K retirement plan with company matching contribution
- Profit sharing
- Paid time off and holiday1.s
KEY RESULTS AREAS (KRAS)
Demonstrate Company Values and Culture
- Demonstrate a commitment to building strong internal and external relationships
- Exhibit an orientation toward a performance based culture and results
- Act with professionalism in all endeavors
- Strive for continuous improvements in all aspects of your job
- Actively engage in your industry and community
Risk Management
- Determine adequate insurance coverage requirements.
- Maintain relationships with insurance providers
- Perform financial checks on potential and existing customers.1)
- Annual executive review of insurance coverage and costs
Strategic Planning and Communication
- With the executive team, develop long-term organizational goals and objectives
- Set the vision and direction of the company’s Treasury, Financial Planning, Risk Management, Financial Reporting & Compliance, Banking/Bonding Relations, and Tax functions
- Keeps executive leadership informed on key issues such as depreciation, retirement plan management, lease accounting rules, health care reform, etc.
- Prepares monthly, quarterly and annual executive summary financial statement analysis
- Participates in management, board, bonding, bank and investor meetings, and interaction with all levels of company personnel
- Prior to annual review, solicit feedback from executive team on efficacy of financial planning and communication
Supervision and Leadership
- Provide supervision and leadership to all fiscal and accounting staff including AP, AR, and Payroll.
- Provide ongoing training, mentoring, and feedback to ensure the highest levels of performance
- Annually, review accounting staff performance appraisals for quality and accuracy
- Annually, conduct a 360 degree review
Banking and Bonding
- Maintain a positive relationship with financial services providers
- Keep abreast of all positive and negative developments that impact banking and bonding capabilities and relationships.
- Develop and nurture secondary “fall back” relationships with alternate provider of financial services
- Provide timely, accurate information as required
Financial Management
- Provide timely financial reporting each month
- Consolidate monthly WIP projections and review with operations
- Provide accurate and conservative financial forecasting.
- Prepare reconciliation of all financial related documents – bank statements, month end closing, etc.
- Each month, review financial reports for accuracy and completeness
Cash Flow
- Provide on-going cash projections (3-month)
- Oversee and manage project billing process, working with PMs to ensure consistent overbillings and timely submission of progress payment requests
- Develop and implement an escalation process to resolve accounts receivable issues
- Develop and implement a consistent methodology for issuing lien releases and filing liens when necessary
- Provide input to executive team on contractual payment terms & conditions and retention levels
- Net DSO of 55 days or less
- Consistent improvement each year in cash flow results
- No losses as a result of failure to lien
Budgeting
- Develop operating budgets linked to strategic plan and sales forecast
- Oversee accurate updating of job cost level project budgets and forecasting
- Assist Executive Management Team in developing overhead budget
- Monitor monthly overhead expenditures in relation to budget
- Variance from monthly operating budget measured and tracked
- Positive billings versus cost for equipment, labor, IT, etc.
Payroll
- Oversee time card entry and payment distribution process
- Oversee timely reporting and payment of all employee benefits and payroll taxes
- Oversee Certified Payroll and Sub-Certified Payroll Requirements
- Minimal recoding of time entries
- 0 instances of time card fraud
- All payroll and benefit reporting are made within the appropriate deadlines
Training and Development
- Provide financial training for non-financial managers on the following topics
- (a) Understanding job cost
- (b) Use of earned value to recognize revenue and profit
- (c) Accurate project forecasting
- (d) Cash flow
- Convert complex financial data into useful information through use of graphs, charts and other visual aids.
- Jobs write downs and potential write-ups identified early.
- Project forecasting accurate within /- 3%
Process Compliance
- Demonstrate consistent application and high quality outcomes of critical accounting tools & software
- Measure and report on process compliance metrics related to financial management including:
- (a) Project budget submission
- (b) Change order tracking
- (c) WIP and forecasting
- (d) Develop links and user interface for project financial information so that it can be readily accessed and used by operations and project management
- Process compliance measured and reported on a monthly basis
Tax Planning and Reporting
- Identify various tax planning opportunities and strategies yearly based on current regulations (i.e., cost segregation studies, R&D tax credits, energy tax credits, change in accounting method, sales & use tax)
- Meet with tax planning advisors and Executive Management Team to develop tax savings strategies.
- Prepare all sales, use and payroll tax returns for completeness and accuracy
- Ensure all required federal, state and local tax deposits and filings are made within the appropriate deadlines
- Annual plan developed that is implemented throughout the year.
- All tax reporting and deposits are made within the appropriate deadlines
Key Issues
- Identify and educate executive management on key issues affecting the business including:
- (a) Depreciation
- (b) Lease accounting rules
- (c) Retirement account reform developments
Job Type: Full-time
Pay: $110,000.00 - $130,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Professional development assistance
- Profit sharing
- Vision insurance
Experience level:
Schedule:
- 8 hour shift
- Monday to Friday
Supplemental pay types:
Ability to Relocate:
- Stockton, CA 95202: Relocate before starting work (Required)
Work Location: In person