About this role
Job Description
Job DescriptionWe are seeking an experienced, hands-on Financial Controller to lead our accounting and financial reporting functions. This is a senior leadership position reporting directly to the company's Co-Presidents.
The successful candidate must understand construction accounting, project-based cash flow, progress billing, holdbacks, job costing and the financial demands of managing multiple large construction projects simultaneously.
Key Responsibilities
? Oversee the company's complete accounting and financial reporting functions.
? Prepare accurate monthly, quarterly and annual financial statements and management reports.
? Manage month-end and year-end closing procedures, reconciliations, accruals and adjusting entries.
? Prepare and maintain short-term and long-term cash-flow forecasts, including detailed projections of receivables, payables, payroll, union remittances and statutory obligations.
? Manage accounts receivable, accounts payable, collections, supplier-payment planning and working-capital requirements.
? Oversee construction progress billings, statutory holdbacks, change-order billing, job costing, committed costs and work-in-progress reporting.
? Monitor project profitability and provide ownership and project management with timely reporting on budgets, actual costs, forecasted costs and projected margins.
? Oversee weekly payroll, employee records, union reporting and union remittances for a large field workforce.
? Ensure the timely and accurate completion of HST filings, payroll remittances, WSIB reporting and other government obligations.
? Manage banking relationships, credit facilities, cash requirements, surety reporting, insurance documentation and financial information requested by lenders.
? Coordinate year-end financial reporting and tax requirements with the company's external accountants.
? Supervise, support and develop the accounting and administrative team.
? Establish and maintain effective internal financial controls, approval procedures and reporting standards.
? Improve accounting processes, reporting tools and financial systems as the company continues to grow.
? Work closely with project managers, estimators, purchasing personnel and field operations to ensure financial information is accurate and complete.
Required Qualifications
? Minimum seven years of progressive accounting and financial-management experience.
? Previous experience as a Controller, Assistant Controller or senior accounting manager.
? Direct experience in construction, electrical contracting, mechanical contracting or another project-based contracting business is strongly preferred.
? Strong understanding of construction progress billing, holdbacks, change orders, job costing and work-in-progress reporting.
? Experience managing cash flow and working-capital requirements in a high-volume business.
? Strong knowledge of payroll, union remittances, HST, WSIB and general corporate compliance requirements.
? Advanced Microsoft Excel skills and strong accounting-system proficiency.
? Experience with QuickBooks, Payworks or comparable accounting and payroll systems is an asset.
? CPA designation is strongly preferred; candidates with substantial relevant construction-accounting experience will also be considered.
? Excellent organizational, analytical and problem-solving abilities.
? Strong written and verbal communication skills.
? High degree of accuracy, confidentiality, accountability and professional judgment.
? Ability to manage competing priorities and meet firm weekly and monthly deadlines.
The Ideal Candidate
The ideal candidate is a practical and proactive financial leader who is comfortable working directly with company ownership. This person will not simply report historical