Assistant Division Controller

$140,000 - $140,000/Yr

Ledgent - Framingham, MA

Full-time - Mid Level

Framingham, MA

501-1,000 employees

Administrative and Support Services

About the position

Our client, a large construction company based in the MetroWest, is looking for an Assistant Controller to join their accounting leadership team. This role will play a vital role in maintaining financial records and ensuring the integrity of all accounting functions. The Assistant Controller will be responsible for preparing comprehensive balance sheets, income statements, and other financial reports for both foreign branches and the US entity on a monthly, quarterly, and annual basis. Additionally, the role involves assisting with the monthly Work-in-Progress (WIP) revenue recognition process and conducting monthly General Ledger account reviews and reconciliations. The Assistant Controller will handle various accounting entries, including accounts receivable, recurring journal entries, depreciation entries, cash transfer entries, accrual entries, reclass entries, and both foreign and domestic petty cash account reconciliations. The position also requires preparing state and country-specific tax filings with the support of foreign tax experts, as well as preparing and/or reviewing weekly, monthly, and quarterly cash reporting for Corporate Treasury. The Assistant Controller will set up new jobs, cost codes, and budgets, and perform ad hoc reporting and analysis for Operations and Estimating as needed. Supporting internal and external audits is another key responsibility, along with assisting in the preparation of the annual budget forecast and quarterly revised forecasts. The Assistant Controller will support the Division Controller in developing long and short-range business plans and perform other duties as assigned by the Division Controller or Senior Management.

Responsibilities

• Prepare comprehensive balance sheets, income statements, and other financial reports for both foreign branches and the US entity on a monthly, quarterly, and annual basis.
• Assist with the monthly Work-in-Progress (WIP) revenue recognition process.
• Conduct monthly General Ledger account reviews and reconciliations.
• Handle accounts receivable entries, recurring journal entries, depreciation entries, cash transfer entries, accrual entries, reclass entries, and both foreign and domestic petty cash account reconciliations.
• Prepare state and country-specific tax filings with the support of foreign tax experts.
• Prepare and/or review weekly, monthly, and quarterly cash reporting for Corporate Treasury.
• Set up new jobs, cost codes, and budgets, and perform ad hoc reporting and analysis for Operations and Estimating as needed.
• Support internal and external audits.
• Assist in the preparation of the annual budget forecast and quarterly revised forecasts.
• Support the Division Controller in developing long and short-range business plans.
• Perform other duties as assigned by the Division Controller or Senior Management.

Requirements

• Bachelor's degree in Business Administration with a concentration in Accounting; MBA and/or CPA preferred.
• 10+ years of accounting experience, including 5+ years in construction (international experience is a plus).
• Proven leadership skills.
• Excellent written and verbal communication skills.
• Proficiency with ERP systems.
• Ability to obtain and maintain a US Security Clearance.