Job SummaryMonona Plumbing & Fire Protection is seeking a dedicated Head of Accounting to oversee all financial activities. You will handle budgeting, forecasting, forecasting reporting, financial reporting, risk management, and cost analysis while also managing and developing a high-performing team. Your expertise will be instrumental in guiding the company's financial health and supporting strategic decision-making.
Key Responsibilities & Accountabilities - Financial Management
- Develop and maintain financial policies, procedures, and internal controls to ensure accurate and reliable financial reporting.
- Prepare and analyze monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
- Monitor key financial metrics and variances, and provide recommendations for improvement.
- Develop and manage the company's budgeting and forecasting processes.
- Collaborate with senior management to establish financial goals and objectives.
- Work closely with insurance companies and agents to handle quotes, renewals, claims, and audits as necessary.
- Accounting Operations
- Oversee the day-to-day accounting functions, including accounts payable, accounts receivable, payroll, and general ledger.
- Ensure compliance with applicable accounting principles and standards.
- Review and approve financial transactions, invoices, and purchase orders.
- Maintain accurate and up-to-date records of financial transactions.
- Coordinate with external auditors for annual audits and regulatory compliance.
- Cost Analysis & Control
- Monitor project costs, budgets, and profitability, providing analysis and recommendations for cost-saving measures.
- Collaborate with project managers to review project financials, including job cost reports and labor analysis.
- Perform variance analysis to identify deviations from project budgets and implement corrective actions.
- Assist in the development and evaluation of pricing strategies for bids and proposals.
- Financial Planning & Strategy
- Provide financial insights and analysis to support strategic decision-making.
- Conduct financial modeling and scenario analysis for business planning and forecasting.
- Assist in evaluating investment opportunities and potential acquisitions.
- Stay updated on industry trends, regulations, and best practices in financial management.
- People Management
- Supervise and mentor the accounting team and other staff as needed, providing guidance, support, and professional development opportunities.
- Set performance goals and conduct regular performance evaluations for team members.
- Foster a positive work environment, promoting collaboration, teamwork, and effective communication.
- Ensure adequate staffing levels and optimize resource allocation within the department.
- Resolve any employee issues, conflicts, or performance concerns in a timely and effective manner.
Qualifications - Bachelor's degree in Accounting, Finance, or a related field (Master's degree or CPA certification is a plus).
- Proven experience in the construction industry or mechanical contracting industry as a Head of Accounting, Controller, Director of Accounting or similar role
- In-depth knowledge of accounting principles, financial reporting, and budgeting.
- Proficiency in financial management software (Sage 300 CRE or Acumatica preferred) and advanced knowledge of MS Excel.
- Strong analytical and problem-solving skills with a keen attention to detail.
- Excellent communication and interpersonal skills.
- Experience in managing and leading a team.
- Ability to work collaboratively and provide financial guidance to cross-functional teams.
Note: This job description provides an overview of the responsibilities and requirements of the Head of Accounting position. It is not an exhaustive list of all duties, responsibilities, or requirements.
Workplace Location, Type, & Hours - Madison, WI
- 100% Onsite & Jobsites
- Monday - Friday 7 AM to 4 PM
Pay Range $110k• $150k base salary, placement on the range is dependent on relevant experience
Text to Apply! Text "ACCOUNTING" to 608-602-4010 to apply for this position, or apply online with the link below.