Assistant Controller
Yonkers Contracting Company is seeking a qualified Assistant Controller with 7 years of relevant experience. This role supports the Controller in managing Yonkers Contracting Company's financial health and project-specific accounting.
Responsibilities
- Project Accounting & Job Costing: Analyze project variances, track project costs against budgets, and ensure accurate job cost allocations for each construction project
- WIP Reporting: Prepare and review Work-in-Progress schedules, often using the percentage-of-completion method to recognize revenue accurately over time
- Compliance & Lien Management: Oversee subcontractor and supplier compliance, ensuring receipt and accuracy of Waivers of Lien, Insurance Certificates, and W-9s before processing payments
- Financial Reporting: Support the month-end and year-end close process, including the preparation of consolidated financial statements and balance sheet reconciliations
- Billing & Draws: Manage specialized construction billing, such as AIA billing, and facilitate monthly loan draw requests and funding for capital projects
- Audit & Tax Support: Serve as a primary contact for external auditors and assist in the preparation of sales tax filings and annual audit workpapers
- Staff Supervision: Oversee daily operations of the accounting department, including managing accounts payable (AP), accounts receivable (AR), and payroll teams
Qualifications
- 7+ years of experience in accounting and finance with experience in construction and development of real estate a plus
- CPA Certification (required)
- Strong understanding of construction cost codes, the contract process, percentage of completion, cost allocations related to construction accounting
- Strong understanding of internal controls for real estate operations and accounting
- Strong understanding of financial reporting and the significance of each financial statement
- Strong tax understanding
Compensation
- Medical and Dental Insurance
- 401(k)
- Student loan/ Advance Degree Tuition Reimbursement
- Vehicle Stipend, toll Reimbursement, gas Card
- Yearly Bonus
