Project Controller

Overview

Wunderlich-Malec Engineering (WM) is 100% employee-owned and one of the largest and most well-established engineering companies in the United States. When you join WM you become part of a company that is:

• 100% employee-owned with 40+ years of industry history

• A Top 5 Systems Integrator Giant

• ENR Top 500 Firm

We have a Project Controller position available in our Eden Prairie, MN office. This person will supporting construction engineering projects by managing financial performance, providing detailed cost analysis, monitoring budgets, and ensuring accurate reporting throughout the project lifecycle.

The Project Controller supports construction engineering projects by managing financial performance, providing detailed cost analysis, monitoring budgets, and ensuring accurate reporting throughout the project lifecycle. This position plays a key role in project accounting, subcontractor oversight, change management, revenue recognition, and cash flow optimization for construction/ engineering projects. The Project Controller manages project accountants and partners with accounting to ensure accurate financial reporting.

• Supervise and provide guidance to project accountants to ensure accurate project accounting
• Ensure revenue recognition is in accordance with GAAP (percentage-of-completion, completed contracts, support contracts and Cost Plus)
• Review monthly effort-to-complete (ETC) and effort-at-completion (EAC) projections
• Analyze percent-complete estimates for revenue recognition
• Analyze labor, equipment and subcontractor variances and review with project accountant for accuracy and corrective action
• Supervise and provide guidance to project accountants to ensure sales tax compliance

• Perform project accountant duties on a limited basis
• Ensure proper project setup in ERP/project management systems, including work breakdown structures (WBS), and contract terms
• Review and validate subcontractor invoices, purchase orders, material receipts, sales tax and progress billings within each project structure
• Track committed costs and open purchase orders to maintain accurate cost projections

• Evaluate Contract Assets and Contract Liability to ensure all billable work is invoiced to the extent possible
• Review Accounts Receivable to ensure accuracy, aging integrity and effective follow-up on past due accounts
• Coordinate with project accountants to collect supporting documentation (lien releases, insurance certificates)
• Assist with compliance related to retainage, bonding, and audit requests

• Working with project managers and project accountants to ensure accurate project tracking and billing
• Working with procurement for project POs issued
• Working with Financial Controller to ensure accurate financial reporting
• Contribute to project closeout processes by reconciling final costs, retainage, and outstanding commitments

• Bachelor’s degree in accounting, Finance, Construction Management, or related field
• 5+ years of project accounting or financial control experience within the construction/Engineering industry preferred

• Strong knowledge of construction and professional engineering services accounting and revenue recognition
• Proficient in Excel; ability to analyze large datasets
• Understanding of project delivery methods (lump sum, cost plus, and cost plus to a max)
• Excellent attention to detail, accuracy, and time management
• Strong communication skills for collaborating with accounting staff, project managers, and procurement
• Ability to manage multiple large projects and meet strict deadlines

• Fast-paced construction/engineering environment with multiple ongoing projects
• Requires collaboration with project managers, procurement, and accounting teams

• Empowered Individuals – Employee owned, we are able to hire the best and empower them to develop and deliver solutions
• Rewarded & Motivated – Investing in continuing education and world-class benefits keeps our staff motivated
• Positive Attitudes – Dedicated experts…