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Successful Construction firm is looking for an experienced Division Controller to oversee the financial operations of our construction division in Palo Alto, California. This leadership role requires an experienced and detail-oriented individual who can manage financial reporting, optimize accounting processes, and provide strategic insights to drive operational success. The ideal candidate will bring a deep understanding of construction industry accounting and revenue recognition standards.
Job Responsibility:
Lead and manage all accounting and financial functions for the division, ensuring operational efficiency and accuracy
Oversee the month-end close process, delivering timely and accurate financial results along with detailed variance analyses
Prepare and submit financial reports to the parent company, ensuring compliance with corporate standards and deadlines
Supervise cash flow management, including forecasting, collections, payments, and banking activities
Validate revenue recognition based on work-in-progress data, aligning with forecasts and documentation
Implement process improvements to enhance efficiency and reduce manual tasks across accounting workflows
Stay updated on technical accounting standards, particularly those relevant to construction revenue recognition, change orders, and claims
Provide executive leadership with actionable financial analyses and recommendations to support strategic decision-making
Requirements:
Minimum of 10 years of progressive experience as a Controller in the construction industry
Strong work-in-progress (WIP) accounting and related processes
Thorough knowledge of revenue recognition processes, percentage-of-completion calculations, and construction accounting practices
Proven ability to manage complex financial operations and lead teams effectively
Strong communication skills, with the ability to clearly present financial data and insights
Hands-on leadership style, with a proactive approach to problem-solving and business immersion
Bachelor’s degree in Accounting or Finance
additional certifications are a plus
Expertise in month-end close, cost accounting, and financial reporting within construction projects
What we offer:
medical, vision, dental, and life and disability insurance