Industrial Division Financial Controller

The Division Controller is a key member of the division finance team. This role is instrumental in managing the financial performance of the divisions, including analysis of forecasts, actual performance, and operational metrics.

Primary Duties:

• Develop and coordinate profit plans, strategic plans, monthly forecasts, goals & objectives, financial reconciliations, reports, and analysis for management, including variance analysis and cost control reporting and recommendations.
• Advise and counsel the division manager on financial implications of operating strategies, cost control actions, and decisions.
• Manage, analyze, evaluate, and interpret financial forecasts and operating results.
  • Inform management of results and recommend corrective actions to address unfavorable variances.
• Review, analyze, and evaluate financial data and information for accuracy, consistency, and transparency.
• Maintain integrity of financial reports.
• Interpret, implement, and monitor corporate policies and procedures; ensure financials are reported in compliance with generally accepted accounting principles and local statutory requirements.
• Utilize budgeting and financial reporting systems to provide timely and relevant information to region/division, corporate management, and cost control.
• Control and maintain adequate product costing systems for valuation and cost estimating activities.
• Own account reconciliation process to maintain integrity of general ledger and its supporting sub-systems.
• Assess adequacy of reserves and overall financial reporting.
• Ensure adequate training and oversight is provided to all finance personnel to ensure account reconciliations meet our requirements.
• Establish, monitor, and maintain a system of internal controls that safeguards company assets and provides for integrity and propriety of financial transactions and activities.
• Compliance with corporate policy.
• Manage hiring, training, and development of financial staff.
• Establish a work environment that encourages individual career development and growth to provide adequate and qualified financial professionals opportunity for advancement.
• Detailed Job Cost Projections with Operations Teams.
• Review all job cost reports every week and assist project teams with issues such as change orders, billings, setup, etc.
• Produce and review billings and submit them to Owners/Clients. Reconcile non-lump sum job billings to job cost each month.
• Accounts Receivable:
  • Cash flow should be managed very closely, starting with timely outgoing billings.
  • Develop relationship with counterpart on Owner’s side to assist with timely collections.
• Month End Close:
  • Calculate and input all estimated profits and costs to complete in the accounting system.
  • Prepare executive monthly financial packages.
  • Travel & Entertainment & Purchasing Cards
  • Review and Approve T&E Reports.
  • Approve & allocate P-Card transactions.
• Provide Detailed Reports:
  • Conduct subcontractor surveys.
  • Financial analysis as needed:
  • Claims
  • Job Cost Analysis
  • Monthly G&A Analysis
  • Monthly T and E Analysis
  • Prepare and distribute monthly Job Cost Report Schedules
• Demonstrate Yates Core Values and Principles
• Follow Yates Code of Conduct
• Safety Responsibilities and Expectations
  • Responsible for refusing unsafe work and for carrying out all work in accordance with the established Yates Safety Procedures and Work Practices
  • Report all incidents, near hits and hazards to management.
  • Required to wear and maintain personal PPE.
  • Advise fellow employees of hazardous situations.
  • Participate in workplace inspections.
  • Comply with statutory requirements, including duty of care.
  • Participate in required and/or assigned training.
  • Provide suggestions to improve Safety.
  • Present a mature approach to working safely.
  • Attend prestart and Safety meetings and contribute.
  • Assists with administering the site safety program as required and ensuring Trade Partner compliance with OSHA standards and Yates Site Specific Requirements and all applicable safety codes and regulations.
• Other related duties as needed and assigned by the Manager in support of the successful completion of the project.

Qualifications:

• Bachelor’s degree in finance, Business Administration, or Accounting from an accredited institution.
• Five (5) to ten (10) years of professional experience in accounting and financial analysis
• Five (5) plus years of experience in a construction environment preferred
• Certified Management Accountant (CMA) or Certified Public Accountant (CPA), or equivalents
• Advanced skills in Microsoft Excel and working ability in all…