CONTROLLER

Rapidly growing and highly successful CIVIL ENGINEERING AND CONSTRUCTION firm based in Austin, TX is looking for a full time experienced FUNCTIONAL CONTROLLER to support a growing $400M COMPANY.

The FUNCTIONAL CONTROLLER is responsible for ensuring the company is operating effectively and efficiently by managing accurate and timely reporting of company's financial results and oversee month-end financial close process and preparation of monthly financial statements.

DUTIES AND RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO:

• Reviews and determines if expenditures are properly classified and recognized in the correct period.
• Determines when to begin depreciation on acquired assets and what depreciable life to use, amount to accrue/expense for goods/services provided by vendors but not invoiced.
• Determines the correct GL account/department number to reclass Yard job costs to and write off immaterial unreconciled differences between GL and supporting detail/subledgers.
• Reviews all additions to fixed asset account, confirms that assets are properly capitalized in correct account and depreciation expense(s) are assigned to the correct department and recognized over correct/reasonable useful life.
• Reviews all costs incurred over $5,000 during the month in repairs and maintenance, small tools & equipment accounts etc. to identify any costs that should be capitalized rather than expensed and any asset disposals during the month.
• Uploads monthly depreciation expense entries to ComputerEase and works with staff accountant to ensure assets are correctly classified between owned assets and leased assets.

MONTH END

• Reconciles financial out of balance conditions, errors and omissions found monthly in both construction and manufacturing, makes appropriate correcting entries as needed.
• Analyzes and reviews all department variances and examines and reports trends in both jobs and GL accounts. Performs ad hoc analysis as needed.
• Prepares month-end financial statements. Assists with the creation of consolidated income statement, balance sheet, and cash flow statements that combines Hellas Construction, Fibers, Polymers, Textiles,  Guarantee, Leasing, and CG&B, with all intercompany transactions eliminated.
• Prepares/reviews month end general ledger account reconciliations for the following accounts and investigates and clears any reconciling differences: Inventory accounts; including Prepaid Inventory and Inventory in Transit, Warranty Reserve, all CIP accounts, Fixed Asset accounts, Accrued Vendor Credits, Misc Accrued Expenses, Accrued Property Tax. Review reconciliations prepared by staff accountant including, prepaids, deposits and liabilities. Reviews all balance sheet account balances and clears/writes-off immaterial amounts.
• Records transactions and closes books for all divisions.
• Books journal entries to record all cash receipts and payments during the month.
• Records intercompany transactions with Construction division and ensures “due to” (from) balances are eliminated to zero.
• Creates invoices for the use of aircraft by Construction division. Forwards invoices to accounts payable to create vendor payables to Air.
• Updates and posts all standard/recurring journal entries and create new ones as needed.
• Reviews balance sheet reconciliations for all prepaid and deposit accounts, vendor payments posted to these accounts in the current month, as well as vendor payments greater than $5,000 charged to expense accounts such as computer software, sponsorships, etc., and determines if new recurring entries need to be created or existing entries modified to properly amortize expenses over future periods. Reclass costs from expenses to prepaid accounts and amortize if amount is greater than $5,000 and the goods/services will be provided over future months.
• Clears Yard jobs, customer service and warranty jobs, and miscellaneous sales.
• Calculates monthly royalty expenses. Reviews Textile's invoices and information provided by Director, Manufacturing and calculates royalties due to shareholders. Checks for royalties already paid in prior months and reasonableness of royalty square footage versus total square footage. Ensures accurate posting of royalty entry after approval by CFO.
• Reconciles accounts receivable, accounts payable, and inventory general ledger balances to subledgers. Identifies any differences between these accounts and the related subledger and work with accounts payable and staff accountant(s) to make necessary corrections. Repeats the accounts receivable recon when the consolidated financials are prepared, and again before the period is closed in ComputerEase, to find and correct any invoices/credit memos created after accounts receivable was 'closed'.
• Books journal entries to record all cash transfers between Plains Capital Bank (PCB) accounts, from PCB to Wells Fargo operating, Wells Fargo operating to Wells Fargo payroll and manufacturing, as well as revolver loan draws and paydowns.

AUDITS:

• Assists with annual financial audit. Provides trial balances, general ledger details, inventory listings fixed asset roll forward, and subledgers for all consolidated entities to allow auditors to select samples of journal entries, vendor bills, customer invoices and cash transactions for testing. Researches and explains issues identified by the auditors during their review of the sample support we provided.
• Ensures all required documentation, reports and back up information is accurate and available to auditors as requested.
• Prepares Borrower's Certificate for Plains Capital Bank.
• Sets up new GL accounts for new loans/financing agreements as needed. Calculates and allocates loan balance between short term and long term per loan payment schedule. Updates debt schedule quarterly or as requested by CFO or other upper management.

REPORTS:

• Prepares summary of warranty costs and customer service costs for monthly business review.
• Provides management with business review package/reports, bid and proposal financial and historical data, and timely review of financial status and condition by collecting, interpreting, analyzing, and reporting financial data.

EDUCATION AND EXPERIENCE:

• BACHELOR'S DEGREE in accounting or finance is required.
• Professional accreditation such as CPA AND/OR CMA is strongly preferred.
• 10 PLUS YEARS LARGE COMPANY ACCOUNTING experience required. MEANING MORE THAN $200MM.
• FIVE TO TEN (5 - 10) YEARS' ACCOUNTING DEPARTMENT MANAGEMENT experience.
• MUST HAVE CIVIL CONSTRUCTION ACCOUNTING DEPARTMENT EXPERIENCE, INCLUDING JOB COSTS ACCOUNTING AND JOB PERFORMING ACCOUNTING.
• Ability to successfully pass a criminal history background check, credit check, and/or fingerprinting.

SKILLS:

• General knowledge and experience in business, supervision, and management.
• Strong knowledge of economics, budgeting, and accounting principles and best practices.
• Strong knowledge in general ledger, accounts payable, accounts receivable, cash management and working bank.
• Strong knowledge of all aspects of accrual based, job cost, and fixed asset accounting, and generally accepted accounting principles (GAAP).
• Excellent written and verbal communication are a must, including the ability to interface with others, regardless of job title or position within the company, in a positive, approachable, and professional manner. This includes external contacts such as client-owners, vendors, and engineering professionals.
• Excellent interpersonal, organizational, and critical thinking/problem solving skills.
• Proven ability to make judgment calls and sound, ethical decisions displaying a heightened level of responsibility, confidentiality, integrity and professionalism.
• Exceptional financial planning and analytical skills, comfortable working with data, and communicating data findings.
• Ability to execute both strategic and tactical priorities.
• Ability to serve as a knowledgeable resource to the Senior Leadership Team.
• Strong conflict resolution skills and persuasion, leveraging business acumen, expertise, and data to influence business decisions.
• Proficient in operating a PC (desktop and/or laptop).
• Proficient in Microsoft Office Suite (e.g., Outlook, Word, Excel, PowerPoint). Ability to learn other functional software, which may include ComputerEase, SAP or Oracle.

POSITION IS LOCATED IN NORTHWEST AUSTIN.

SALARY WILL BE COMMENSURATE BASED ON CANDIDATE SKILLS AND EXPERIENCE.