Job Overview:

We are a premier provider of flooring and tile nationwide. With 100 active projects and annual revenue exceeding $120 Million and growing, we pride ourselves on delivering exceptional quality and service to our clients.

Our dedicated team of over 80 employees ensures that every project receives the

attention it deserves.

The Controller plays a pivotal role in maintaining the company's financial integrity and ensuring

compliance with GAAP. The ideal candidate will be comfortable in a dynamic (growing)

organization that offers professional growth and development as the company grows.

The responsibilities include:

Financial Management

• Manage the timely financial close process, ensuring project budgets are up to

date to properly reflect accurate percentage of completion calculations.

• Oversee financial operations, including Project Accounting, A/R and A/P, and

installer payroll.

• Assist with implementation and maintenance of internal controls.
• Work with the executive team in the development of the annual operating budget

and forecasts.

• Work with the CFO in managing outsourced accounting services: tax planning

and filing, audits and reviews and insurance.

• Provide financial analyses as needed, for capital investment, pricing decisions,

and contract negotiations.

• Provide input to the company's growth plans for financial and operational performance.
• Respect and assure the confidentiality of company, customer, and vendor

information.

Percentage of Completion (POC): as a construction entity, a working knowledge of

POC is crucial to the success of this candidate. As part of the role, the ideal candidate

will:

Project Assessment: Collaborate with project accountants, project coordinators

and national account managers to assess the progress of ongoing construction

projects. Understand the scope, milestones, and deliverables.

Revenue Recognition: Apply the PoC method to recognize revenue based on the

percentage of work completed. Ensure accurate revenue recognition in financial

statements.

Cost Allocation: Allocate project costs (direct and indirect) to the appropriate

phases of construction. This involves tracking labor, materials, subcontractor

expenses, and overhead costs.

Change Orders: Evaluate change orders and their impact on project completion.

Adjust PoC calculations accordingly.

Risk Assessment: Analyze risks related to project completion and adjust PoC

estimates as needed.

Work-in-Progress (WIP): Maintain up to date WIP schedules for each project. These schedules track the value of work completed, costs incurred, and revenue recognized.

Costs: Include direct costs (e.g., labor, materials, subcontractors) and indirect

costs (e.g., overhead, administrative expenses).

Billings: Track billings to clients and compare them to the actual work

completed. Provide updates during weekly AR meetings.

Profit Recognition: Calculate the gross profit recognized based on the WIP

schedule.

Job reconciliation: Regularly reconcile project costs, revenue, and expenses.

(25%, 50%, 75% of job progress)

Reporting: Prepare WIP reports for management, auditors, and stakeholders.

Highlight any significant deviations from expected results.

Variance Analysis: Investigate variances between estimated and actual WIP

values. Identify reasons for discrepancies.

Forecasting: Use WIP data to forecast project completion dates, revenue, and

profitability.

Resolve any job overbillings or underbillings promptly.

Team Management:

Supervise the accounting staff, providing guidance and support.

Foster effective communication with the project teams internally and externally

regarding project objectives and team performance.

Conduct quarterly one-on-ones and performance evaluations.

Required Knowledge, Skills, and Abilities:

Education: Bachelor’s degree in accounting

Preferred: Certified Public Accountant or Certified Management Accountant

designation

Required: A minimum of “5” years’ experience in construction accounting.

Preferred: “10 ” years’ experience in the construction industry

Demonstratable working knowledge of Percent of Completion (POC)

Accounting Method:

Proven track record that illustrates extensive skill and knowledge in all the

functions and activities necessary to manage the Accounting

Department.

Strong understanding of GAAP and construction industry standards.

Excellent analytical, problem-solving, and communication skills

Proficiency in Microsoft Office Suite and Microsoft Dynamics 365 (Business

Central) software.

The ability to communicate effectively with Senior management, and the Board

of Directors