Job Summary:We are seeking a Senior Finance Manager-Project Controller to manage all aspects of our project/job accounting, forecasting, & reporting for both cost capture & revenue recognition. This role will report to our VP of Finance. Our Project Controller will focus on construction in progress/work in progress (WIP) accounting, revenue & cost forecasting, and business partnering, ensuring compliance with Sarbanes-Oxley (SOX) regulations. This role will work closely with project managers, operations teams, and our senior leadership to ensure financial performance is accurately tracked, reported, and aligned with business goals. The ideal candidate will possess a strong background in WIP accounting, financial forecasting, and business partnering, with an understanding of SOX compliance requirements.
Key Responsibilities:- WIP Revenue & Cost Forecasting:
- Lead the financial forecasting process for WIP projects, ensuring accurate and timely projections of project revenue, costs, and profitability
- Manage the ongoing tracking and analysis of WIP projects, ensuring that cost estimates, revenue recognition, and project margins are aligned with company goals
- Partner with project managers and operational teams to monitor and update project financials, ensuring that variances are understood and addressed in a timely manner
- Analyze financial performance for individual projects and report key financial metrics such as gross margins, project profitability, and cost variances
- Conduct post-project reviews to assess the accuracy of forecasts, lessons learned, and continuous improvement opportunities for future projects
- Provide in-depth analysis to support decision-making related to resource allocation, project prioritization, and operational improvements
- Job Accounting & Project Financial Reporting:
- Oversee the accounting for individual projects, including tracking project costs, progress billings, revenue recognition, and the treatment of expenses in accordance with GAAP
- Prepare detailed financial reports for individual projects and business units, providing insights into financial performance, risks, and opportunities
- Ensure accurate reporting of WIP-related financial data in the company's general ledger, including WIP, billings, and cost of goods sold (COGS)
- Ensure that all WIP project accounting processes are compliant with Sarbanes-Oxley (SOX) requirements, including maintaining effective internal controls over financial reporting and operational procedures
- Collaborate with internal audit and external auditors to facilitate SOX testing and ensure that controls are adequately documented and operating effectively
- Business Partnering & Cross-Functional Collaboration:
- Act as a trusted financial advisor to project managers, senior leadership, and other departments, providing strategic insights and recommendations on project profitability, cost controls, and financial risks
- Collaborate with operational teams to drive project performance, identifying cost-saving opportunities, process improvements, and corrective actions where necessary
- Assist in the development of budgets, forecasts, and financial plans for WIP projects, ensuring alignment with broader company financial goals
- Lead initiatives to improve the efficiency and effectiveness of project accounting and forecasting processes, driving automation and standardization where possible
Qualifications:- Bachelor's degree in Accounting, Finance, or related degree; CPA or MBA preferred
- 7-10+ years of progressive experience in corporate accounting or financial management, with demonstrated experience in construction in progress/work in progress accounting, revenue recognition, & cost forecasting
- Industry experience with elevator service, construction, or industrial services
- Strong business partnering skills, with a proven ability to work effectively with cross-functional teams including project managers, operations, and senior leadership
- Advanced Excel skills with the ability to perform detailed financial analysis and create complex financial models
- Strong analytical, organizational, and problem-solving skills, with the ability to manage multiple priorities in a fast-paced environment
- Excellent communication and interpersonal skills, with the ability to communicate complex financial information to both financial and non-financial stakeholders
- Proficiency in accounting software & ERP systems; familiarity with Financial Force (Certinia) / Salesforce is a plus
- Solid understanding of Sarbanes-Oxley (SOX) compliance and internal control frameworks, with experience implementing and maintaining SOX controls
