Controller - Luxury Residential & Hospitality Construction, Long Island City, NY
Our client is an established Long Island City general contractor serving luxury residential and hospitality clients across New York City. Founded in 1993 and family-owned for more than thirty years, the firm has built its reputation on superior-quality renovations of apartments, townhouses and single-family homes, with project budgets typically ranging from $750,000 to $25 million. All finished woodwork is produced in-house through their own millwork division.
The firm is seeking a Controller to own the accounting and financial reporting function and bring discipline to job costing, billing and cash management. This is a hands-on leadership role, and the client is open on profile: a seasoned construction Controller is welcome, but so is a talented construction accountant or assistant controller ready to step up. For the right person, the firm will provide the time and runway to grow into the seat.
Key Responsibilities
- Own day-to-day accounting operations, including accounts payable, accounts receivable, payroll and general ledger.
- Maintain job cost accounting to ensure accurate tracking of project budgets, variances and profitability.
- Prepare timely and accurate monthly, quarterly and annual financial statements, including WIP and balance sheet review.
- Manage client AIA and T&M billing, coordinating review and approval with owners, architects and project teams.
- Oversee subcontractor compliance, lien waivers and vendor payments.
- Manage cash flow, bank reconciliations and banking relationships.
- Establish and maintain internal controls, policies and procedures to safeguard company assets.
- Lead budgeting and forecasting in partnership with ownership, estimating and project management.
- Coordinate tax reporting, insurance renewals and external audits with outside accountants and advisors.
- Manage, mentor and develop the accounting and administrative staff.
- Provide financial analysis and reporting to support ownership's strategic decisions.
Qualifications
- Bachelor's degree in accounting, finance or a related field; CPA, CMA or CFMA a plus.
- 5 or more years of progressive accounting and finance experience, including meaningful time in construction, preferably with a general contractor.
- Strong command of construction accounting, including job costing, WIP schedules, AIA billing and percentage-of-completion reporting.
- Working knowledge of GAAP and construction-specific tax, insurance and compliance requirements.
- Experience with a construction accounting ERP and reporting systems, and strong proficiency in Microsoft Excel; familiarity with Acumatica a plus but not required.
- Ability to lead and develop an accounting team, or the readiness to grow into team leadership.
- Ability to build, or learn to build, internal controls and scalable accounting processes.
- Hands-on, detail-oriented approach with the willingness to own both high-level reporting and daily execution.
- Strong analytical, communication and organizational skills.
Compensation
$150,000 - $190,000 annually, commensurate with experience.
Benefits
- United Healthcare Oxford medical coverage with a choice of EPO or PPO plans, our client contributing 50% of the single premium. Effective after ninety days.
- Company-paid $25,000 group life insurance policy, also effective after ninety days.
- 401(k) plan matching 50% of the first 3% of salary contributed, with employer contributions vesting fully after two years.
- 120 hours of paid time off a year - fifteen days, covering vacation and personal or sick time together. One of those weeks is used during the annual office closure between Christmas and New Year's.
- Eight paid company holidays, separate from paid time off.
- Weekly payroll with paydays every Friday, and direct deposit available from date of hire.
- TransitChek pre-tax commuter program.
- Discretionary annual bonus, awarded on individual and company performance.
This is a high-impact opportunity for a construction finance professional ready to own - or step up into - the financial backbone of a premier New York general contractor.