Controller (Construction)
Position Overview
Ledgent Finance & Accounting's client is actively seeking a highly skilled and experienced Business Unit Controller to join their dynamic team in Menlo Park, CA. This pivotal role is responsible for overseeing all accounting and controls associated with a rapidly growing business, projected to generate over $1 billion in annual revenues. The successful candidate will be a key member of the financial team, managing a staff of 10 to 15, including three direct reports.
Responsibilities
- Provide leadership across the business unit for all aspects of accounting and controlling operations, leading and developing a high-performing team within the finance organization.
- Manage the monthly closing process to ensure timely preparation of accurate financial information, in accordance with GAAP, and produce discussion and analysis commentary on changes in numbers and financial position.
- Oversee the compilation and reporting of financial information to the parent entity throughout the financial close cycles.
- Oversee Business Unit cash and banking activities, including collections, disbursements, and cash forecasting.
- Review revenue recognition through the work-in-place process and confirm information is supported by operational profit forecast.
- Establish and manage monthly monitoring of critical internal control activities, ensuring compliance with public company requirements and practices (SOX compliant), and proactively manage financial risks.
- Drive productivity throughout the finance function, focusing on automating accounting activities and leading productivity improvements.
- Maintain proficiency with technical accounting considerations, including revenue recognition, accounting for unapproved change orders and claims, and other relevant GAAP standards.
- Provide critical financial and operational information to executive management and make actionable recommendations to improve financial results.
- Participate in special projects and ad hoc requests.
Qualifications
- Must have construction accounting background (7 yrs+)
- BA degree in Finance or Accounting is required, CPA preferred but not required.
- 15+ years of progressive management experience in accounting and finance in the construction industry.
- Thorough understanding of the full construction industry revenue recognition process, including WIP reporting and percentage of completion calculations.
- Construction operations experience preferred.
- Demonstrated hands-on approach and success in a team-based environment, with both strategic and tactical abilities.
- Excellent oral and written communication skills, with the ability to effectively interact with all levels within the organization.
- Ability to work under minimal supervision, be proactive, and take initiative.
- Capable of working in a complex, fast-paced environment with frequently changing priorities, managing competing priorities effectively.
- Critical thinking skills with the capability to generate consistently accurate and useful reports, and enthusiasm for translating data into actionable insight.
- Strong attention to detail and ability to achieve results through delegation, producing quality work in a fast-paced environment.
- Results-oriented, setting goals and priorities that maximize the use of resources available to consistently deliver quality results.
- Strong analytical and organizational skills, with the ability to drive change while creating an environment of rigor, discipline, and accountability.
- Ability to use independent judgment in performing all duties of the position.
- An "in-the-trenches" and hands-on leader willing to immerse themselves in the business.
Required Work Hours
Monday - Friday, 8:00 AM - 5:00 PM
Benefits
Competitive benefits package available, including health, dental, and vision insurance, 401(k) plan, and more.
Additional Details
Expected annual salary range for
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance.