Controller
Position Summary:
This position is responsible for managing all accounting and finance reporting functions including Accounts Payable, Payroll, General Ledger, Accounts Receivable, P&L, Inventory, tax, and accounting operations. This role will lead the development and execution of financial and accounting processes and controls devised to mitigate risk, strengthen the accuracy of reported financial results, and provide guidance to the leadership team enabling the achievement of tactical as well as strategic company goals. This position requires the Controller to be proficient in all areas of finance and accounting, taking on multiple roles when required.
Job Responsibilities:
Provide company accounting, monthly, quarterly, and annual financial statements, and annual audits and budgets.
Provide competence and leadership, both managing and as an individual contributor, for all financial aspects of the Company..
Prepare financial models for strategic planning scenarios and conduct financial forecasts.
Direct preparation of annual financial budget and forecasts.
Provide leadership to the accounting team ensuring an optimum level of performance with a positive work environment.
Manage general accounting, cost accounting, and budgetary controls.
Ensure regular updates and compliance of GAAP practices.
Manage, direct, or perform the following aspects of the JAF business to ensure timely, accurate execution:
Accounts receivable & payables, employee expense reports, cash flow, cash control, payroll and commission processing and corporate payroll tax compliance.
Inventory valuation, expense analysis, product costing and variance accounting for manufactured and sourced products.
Manage credit and collections.
Own tax compliance and ensure taking advantage of favorable tax codes.
Direct the preparation of the annual tax accrual, tax return work papers, and various sales, use and property tax returns.
Lead reviews of the financial impact of company benefit plans.
Manage fixed assets, providing advice to management on depreciation and asset management.
Maintain the highest professional and ethical standards in day-to-day representation of the company.
Conduct internal audits on assets, product accounts, and liabilities.
Specific Duties | General Accounting
Ensure timely month end closing of general ledger by 15th
Coordinate and prepare timely internal and external financial statements
Ensure all financial statements and tables are correct and precise
Prepare financial data and analysis for management review
Maintain chart of accounts
Maintain and reconcile PTO
Coordinate activities of external auditors/CPA
Manage the accumulation and consolidation of all financial data necessary for an accurate accounting of business results
Monitor debt level and maintain debt schedules
Manage cash flow and bank balance
Reconcile monthly bank statements
Provide management with information vital to the decision-making process
Manage the budget process
Assess accounting operations, offering recommendations for improvement, and implementing new processes as necessary
Evaluate accounting and internal control systems on a periodic basis
Hire, train and retain skilled accounting staff
Overseeing regulatory reporting, frequently including tax planning and compliance
Maintain a documented system of accounting policies and procedures, implement a system of controls over accounting transactions to minimize risk.
Calculate and issue financial and operating metrics
Monitor financial performance of company and business performance metrics
Approve G&A invoices to be paid
Evaluate the effectiveness of accounting software and supporting database, as needed
Specific Duties | Accounts Receivable
Manage, oversee, perform and/or delegate to ensure the following items are maintained in an accurate and timely fashion:
Generate and send out customer AR invoices
Generate and invoice for jobs when 100% complete in timely manner
Generate and send out monthly job progress billings based on PM determination of percent complete
Compilate and invoice Time & Material jobs promptly after close of job and material/equipment costs posted
Maintain billing grid for Project Managers monthly progress billings
Manage collections to ensure accounts are collected timely and within terms
Validate accuracy of all information pertaining to account receivables
Maintain customer profiles in accounting system
Specific Duties
Manage, oversee, perform and/or delegate to ensure the following items are maintained in an accurate and timely fashion:
Up-to-date labor rates, equipment rates, overhead and burden rates to ensure these are accurately presented on the estimating bid sheet to optimize our bid process for profit
Maintain and/or delegate NC and out of state contractor’s license, DOR state filings and registrations
Maintain and/or delegate Assure Registered Agent is in place for out of state registrations
Maintain equipment regulatory filings, ex. IFTA, Heavy Equipment registrations, Licensing
Maintain credit and fuel card systems
Maintain EZ Pass toll system
Maintain ACH transactions in bank system
Maintain and validate internal T&M labor rates at a minimum quarterly to ensure proper billing mechanisms are in place for profitable billing
Behavior Traits – Key Performance Factors
Analytical – High Detail Orientation - strong understanding of data collection and analysis that will lead to good decision making
Ability prioritize and manage time effectively, focus on the critical tasks to resolve issues
Confidentiality – Ability to compartmentalize information as needed, highly ethical
Excellent interpersonal skills – explaining, listening, empathy, intuitive, professional, ability to deal with difficult or different personalities.
Excellent Writing skills – Providing brand-right and professional written communications to customers and co-workers.
High Goal Orientation – Desire to win, hit targeted goals and grow the business
Ability to build relationships - Maintains a positive outlook
Education / Qualifications / Background Requirements:
5 to 10 years of finance accounting experience in a construction and manufacturing environment
Proven leadership capability with involvement in strategic planning, resource allocation, production methods and management of people and resources
Strong knowledge of laws, legal codes, government regulations, and agency rules, including IRS and GAAP
Bachelor’s degree in Accounting or Finance - CPA or CMA certification preferred, but not required