Assistant Controller
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What you'll do
- Analyze project variances, track project costs against budgets, and ensure accurate job cost allocations for each construction project
- Prepare and review Work-in-Progress schedules, often using the percentage-of-completion method to recognize revenue accurately over time
- Oversee subcontractor and supplier compliance, ensuring receipt and accuracy of Waivers of Lien, Insurance Certificates, and W-9s before processing payments
- Support the month-end and year-end close process, including the preparation of consolidated financial statements and balance sheet reconciliations
- Manage specialized construction billing, such as AIA billing, and facilitate monthly loan draw requests and funding for capital projects
- Serve as a primary contact for external auditors and assist in the preparation of sales tax filings and annual audit workpapers
- Oversee daily operations of the accounting department, including managing accounts payable (AP), accounts receivable (AR), and payroll teams
What they're looking for
- 7+ years of experience in accounting and finance
- 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
Nice to have
- experience in construction and development of real estate a plus
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
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
About Yonkers Contracting Company, Inc.
Founded in 1945, Yonkers Contracting Company, Inc. is a leading heavy civil construction contractor specializing in major infrastructure projects throughout the New York, New Jersey, Connecticut region. Our portfolio includes highways, bridges, rail systems, transit facilities, site work, foundations, energy and environmental projects. We are committed to safety, quality, innovation, and delivering excellence in all aspects of our work.
Yonkers Contracting Company, Inc. is an equal opportunity employer.
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Company
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