GPAC - Lynn Haven, FL

posted 3 months ago

Full-time - Mid Level
Lynn Haven, FL
Administrative and Support Services

About the position

The Construction Controller is a pivotal role responsible for managing and overseeing all financial aspects of construction projects. This position ensures accuracy in accounting, budgeting, and financial reporting, which are critical for the successful execution of construction initiatives. The ideal candidate will possess over 10 years of experience in construction accounting, demonstrating a deep understanding of the financial intricacies involved in the construction industry. This role not only involves direct oversight of the accounting team but also requires a strategic approach to managing project budgets and ensuring compliance with financial regulations and company policies. In this capacity, the Construction Controller will supervise and manage all aspects of construction accounting, which includes budgeting, forecasting, and financial reporting. The individual will be responsible for ensuring that all financial transactions related to construction projects are recorded accurately and in a timely manner. This oversight extends to project accounting, where the controller will track and analyze costs associated with labor, materials, and subcontractor expenses. The preparation and review of job cost reports, change orders, and cost forecasts are essential tasks to ensure that projects remain within budget. Financial reporting is another critical responsibility, as the Construction Controller will prepare and present monthly, quarterly, and annual financial reports to management. These reports will include profit and loss statements and balance sheets, along with an analysis of financial data and trends to provide insights and recommendations for improving financial performance. Budget management is also a key aspect of this role, requiring the development and management of project budgets, monitoring expenditures, and addressing any variances from the budget. Compliance and auditing are vital components of the Construction Controller's responsibilities. The individual will ensure adherence to financial regulations, accounting standards, and company policies while coordinating internal and external audits. Team leadership is essential, as the controller will supervise and mentor the accounting team, fostering a collaborative and productive work environment. Additionally, the role involves identifying and implementing process improvements to enhance the efficiency and accuracy of construction accounting practices, while staying updated with industry best practices and changes in accounting standards.

Responsibilities

  • Supervise and manage all aspects of construction accounting, including budgeting, forecasting, and financial reporting.
  • Ensure accurate and timely recording of financial transactions related to construction projects.
  • Oversee project cost tracking and analysis, including labor, materials, and subcontractor expenses.
  • Prepare and review job cost reports, change orders, and cost forecasts to ensure projects stay within budget.
  • Prepare and present monthly, quarterly, and annual financial reports to management, including profit and loss statements and balance sheets.
  • Analyze financial data and trends to provide insights and recommendations for improving financial performance.
  • Develop and manage project budgets, including cost estimates and financial forecasts.
  • Monitor and control project expenditures, identifying and addressing any variances from the budget.
  • Ensure compliance with financial regulations, accounting standards, and company policies.
  • Coordinate internal and external audits, providing necessary documentation and addressing audit findings.
  • Supervise and mentor the accounting team, including hiring, training, and performance management.
  • Foster a collaborative and productive work environment within the finance department.
  • Identify and implement process improvements to enhance the efficiency and accuracy of construction accounting practices.
  • Stay updated with industry best practices and changes in accounting standards.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 10 years of experience in construction accounting.
  • Extensive knowledge of construction accounting principles and practices.
  • Strong analytical and problem-solving skills, with attention to detail.
  • Excellent communication and interpersonal skills, with the ability to work effectively with team members and stakeholders.
  • Proven leadership and team management abilities.

Benefits

  • Competitive salary commensurate with experience.
  • Health, dental, and vision insurance.
  • Retirement savings plan.
  • Paid time off and holidays.
  • Professional development opportunities.
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