Position: Assistant Financial Controller
Work Location: Bridgeport, CT
Schedule: Monday to Friday
Pay: $110-000 - 125,000.00 per year DOE
Supplemental Pay: Bonus pay
Waters Construction Company is seeking a motivated self-starter to join our finance team as an Assistant Financial Controller with the goal of advancing into the Financial Controller role within 12-18 months. The Assistant Controller will assist the Controller in completing the accounting functions. Ensure accurate and timely compiling of financial records and reporting.
Key Responsibilities:
1.) Financial Reporting & Analysis:
- Lead in the preparation of monthly, quarterly, and annual financial statements.
- Create financial analysis and performance reports to track key metrics (e.g., WIP, profitability, project costs, cash flow).
- Help prepare budget vs. actual reports and variance analyses.
- Assist in the preparation of year-end financial statements and liaise with external auditors during annual audits.
2.) General Accounting Support:
- Oversee accounts payable and accounts receivable functions, ensuring timely and accurate processing.
- Assist with payroll processing and related reporting.
- Reconcile general ledger accounts and ensure the accuracy of journal entries.
- Maintain and reconcile project-specific cost codes and subcontracts.
- Import and maintain equipment cost reporting
- Complete monthly contract billing for assigned projects
- Prepare AR aging reports and track retainage
3.) Project Costing & Job Costing:
- Assist in tracking project costs, including labor, materials, and subcontractor expenses, ensuring they align with budgeted amounts.
- Review and analyze job cost reports to identify discrepancies or areas of concern.
- Support project managers with financial data and reporting needs to monitor project profitability.
4.)Internal Controls & Compliance:
- Evaluate, document, and improve effective internal controls to safeguard company assets and ensure compliance with accounting standards.
- Ensure adherence to company policies and procedures, particularly in regard to financial transactions and reporting.
- Assist in monitoring regulatory compliance, including tax filings and other financial requirements.
5.) Team Collaboration & Support:
- Work closely with the Financial Controller to support other departments (e.g., operations, human resources) with financial data and reporting needs.
- Provide leadership to junior accounting staff, ensuring tasks are completed accurately and on time.
- Help in training and developing staff on financial processes and best practices.
6.)Other Duties as Assigned:
- Provide ad-hoc financial analysis and reporting as required.
- Assist with special projects related to financial improvements or operational efficiency.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- CPA or CPA candidate preferred.
- 5+ years of progressive accounting experience, with at least 2 years in a construction or related industry.
- Strong understanding of GAAP (Generally Accepted Accounting Principles).
- Experience with job costing, project accounting, and contract management.
- Demonstrated experience with month-end/year-end close.
- Experience with Viewpoint Vista strongly preferred; experience with comparable construction ERP systems will be considered.
- Advanced Excel skills (pivot tables, v-lookups, financial modeling).
- Strong analytical skills with attention to detail and accuracy.
- Ability to manage multiple tasks and prioritize in a fast-paced environment.
- Strong communication skills, both written and verbal.
- Ability to work independently and as part of a team.
- Work Arrangement: 100% on-site, Monday-Friday, at our Bridgeport, CT office.
- Experience supervising one or more accounting/finance employees
Company Benefits:
- Competitive salary based on experience.
- Health, dental, and vision insurance.
- Profit sharing.
- 401(k) plan with company match.
- Paid time off and holidays.
- Professional development opportunities.
Company's website:
Benefit Conditions:
- Only full-time employees eligible
