Controller

OWL Services

$100K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • Deep knowledge of construction accounting principles, especially percentage-of-completion revenue recognition
  • Advanced Microsoft Excel skills
  • Familiarity with construction ERP and accounting software (e.g., SAGE)

Responsibilities

  • Apply the Percentage of Completion method to recognize revenue accurately
  • Prepare monthly Work in Progress reports for all active projects
  • Monitor project budgets, actual labor, and material expenses
  • Update estimates at completion (EAC) for ongoing projects
  • Maintain strong financial controls and compliance rules across the company
  • Run the month-end close cycle and prepare accurate financial statements
  • Partner with project managers to build realistic project budgets

Benefits

  • 10 paid holidays
  • Flexible time off
  • 401(k) company match
  • Health, dental, and vision insurance
  • HSA and FSA options
  • Disability and Occupational Accident Insurance
  • Company-paid Life Insurance Policy
  • Employee Assistance Program (EAP)
  • World-class paid training program for long-term success
Full Job Description
The Role:

OWL Services is looking for a Controller, who has specific experience working within the Construction industry. This role will be based out of our office in Fort Worth, TX.

Responsibilities:

Revenue Recognition:
o Apply the Percentage of Completion method to recognize revenue accurately.
o Calculate earned revenue based on actual costs incurred versus
total estimated costs.

WIP Reporting:
o Prepare monthly Work in Progress reports for all active projects.
o Analyze under-billings and over-billings to manage cash flow risks.

Cost Tracking:
o Monitor project budgets, actual labor, and material expenses.
o Identify cost overruns early and report variances to project managers.
o Oversee tracking of labor, materials, and overhead for accurate work-in-progress (WIP) reports.
o Track project costs, labor, and materials against estimated budgets.

Forecasting & Budgeting:
o Update estimates at completion (EAC) for ongoing projects.
o Prepare annual budgeting.
o Partner with project managers to build realistic project budgets and review variance reports.

Internal Controls:
o Maintain strong financial controls and compliance rules across the company.

Cross-Functional Collaboration:
o Partner with operations and project managers to review project
performance.
o Ensure compliance with financial regulations and company
accounting policies.
• Financial Reporting:
o Run the Month-end close cycle
o Prepare accurate monthly, quarterly, and annual financial
statements.
o Prepare monthly income statements, balance sheets, and
project-specific financial analysis.
• • Budgeting and Forecasting:
o Partner with project managers to build realistic project budgets
and review variance reports.
• Compliance and Tax:
o Manage local, state, and federal tax compliance, insurance, and
regulatory requirements.
• Cash Flow Management:
o Monitor cas

hh flow quiree

  • Technical Skills: Deep knowledge of construction accounting
    principles (such as percentage-of-completion revenue
    recognition) and advanced Microsoft Excel skills.
    • Software: Familiarity with construction ER


nts for current and upcoming jobs.
o Produce 13-week cash flow & Liquidity Report
• Team Leadership:
o Supervise accounts payable, accounts receivable, and payroll
staff.Cross-Functional Collaboration:
o Partner with operations and project managers to review project performance.
o Ensure compliance with financial regulations and company accounting policies.

Financial Reporting:
o Run the Month-end close cycle
o Prepare accurate monthly, quarterly, and annual financial statements.
o Prepare monthly income statements, balance sheets, and project-specific financial analysis.

Budgeting and Forecasting:
o Partner with project managers to build realistic project budgets and review variance reports.

Compliance and Tax
o Manage local, state, and federal tax compliance, insurance, and regulatory requirements.

Cash Flow Management:
o Monitor cash flow requirements for current and upcoming jobs.
o Produce 13-week cash flow & Liquidity Report

Team Leadership:
o Supervise accounts payable, accounts receivable, and payroll staff.

Qualifications:
  • Education: Bachelor's degree in Accounting, Finance, or a related field
  • Technical Skills: Deep knowledge of construction accounting principles (such as percentage-of-completion revenue recognition) and advanced Microsoft Excel skills
  • Software: Familiarity with construction ERP and accounting software (e.g., SAGE), Microsoft Suite

Compensation and Benefits:
  • 10 paid holidays
  • Flexible time off
  • 401(k) company match
  • Health, dental, vision insurance
  • HSA and FSA
  • Disability & Occupational Accident Insurance
  • Company-paid Life Insurance Policy
  • Employee Assistant Program (EAP
  • World class paid training program for you to learn the skills for long term success

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