Assistant Controller

XL Construction Corporation; Milpitas (CA); Hybrid; USD 140,000 - 160,000; Full time

Job summary

XL Construction Corporation is seeking an experienced Assistant Controller to oversee accounting operations and support financial reporting. This leadership role emphasizes strategic vision and collaboration across departments. The ideal candidate will bring extensive experience in accounting, particularly within the construction industry, and exhibit robust communication and organizational skills.

Benefits

401(k) plan with company match

Paid time off and holidays

Career development opportunities

Medical, dental, and vision coverage

Qualifications

• 7-10+ years of progressive accounting experience with 5+ years in leadership.
• Strong understanding of GAAP and financial reporting.
• Experience in construction/project accounting is required.

Responsibilities

• Oversee accounting functions including general ledger and payroll.
• Lead internal and external financial reporting.
• Coordinate audits and tax filings.

Skills

Communication

Analytical

Organizational

Education

Bachelor’s degree in Accounting or Finance

Master’s degree or CPA designation

Tools

Prophix

Power BI

Excel

Job description

Location: Milpitas, CA
Classification: Full-Time | Hybrid | Flex Schedule
Reports to: Corporate Controller

SUMMARY:

XL Industries is seeking an experienced and highly skilled Assistant Controller to support the organization’s financial leadership and operational excellence. Reporting directly to the Corporate Controller, this role will oversee accounting operations, support financial reporting, and help drive consistency, accuracy, and compliance across the enterprise.

This is a hands-on leadership position requiring both strategic vision and the ability to dive into detailed financial processes, while collaborating with stakeholders across multiple business units and departments.

KEY RESPONSIBILITIES:

Accounting Operations & Controls

• Oversee core accounting functions, including general ledger, accounts payable, accounts receivable, WIP, payroll, and fixed assets
• Manage allocation of shared costs, ensuring accurate cost accounting, timely intercompany billing, and proper departmental support
• Prepare consolidated financial statements and review month-end close across entities, departments, and business units
• Ensure compliance with GAAP, tax regulations, and internal financial policies
• Maintain and enhance internal controls to protect company assets and improve reporting integrity

Financial Reporting & Analysis

• Lead monthly, quarterly, and annual internal and external financial reporting
• Conduct detailed variance analyses and provide business insights through clear commentary
• Coordinate preparation of quarterly debt compliance certificates and related calculations
• Support financial system management and reporting tools including ViewPoint Vista, Power BI, SmartSheets, and Prophix
• Partner with leadership to support insurance renewals and cost allocations

Audit, Tax & Process Improvement

• Coordinate annual audits, tax filings, and regulatory reporting
• Prepare required documentation and ensure timely responses to audit inquiries
• Drive operational efficiency through process improvement and automation
• Identify opportunities to streamline accounting workflows and strengthen controls

Team Leadership & Business Partnership

• Lead and develop a high-performing accounting team, fostering professional growth and cross-functional collaboration
• Serve as a financial partner to business leaders, providing clear insights and strategic guidance
• Perform ad hoc financial analysis and special projects as assigned

QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, or related field (required)
• Master’s degree or CPA designation strongly preferred
• 7–10+ years of progressive accounting experience, with 5+ years in leadership or management
• Strong understanding of GAAP and financial reporting; knowledge of IFRS is a plus
• Required experience in the construction or construction-adjacent industries
• Solid understanding of construction/project accounting, WIP, and manufacturing cost accounting
• Proven experience with financial tools and reporting platforms (e.g., Prophix, Hyperion, Power BI, Excel)
• Ability to manage large volumes of data with attention to detail and timeliness
• Strong communication, analytical, and organizational skills
• Ability to meet tight deadlines in a fast-paced environment

CORE COMPETENCIES:

• Business Acumen
• Strategic Edge
• Bridge Builder
• Continuous Learner
• Managerial Courage

COMPENSATION & BENEFITS:

In accordance with California’s pay transparency requirements, the base salary range for this position is $140,000 - 160,000 annually, depending on experience and qualifications. Total compensation may also include performance-based bonuses.

XL offers a comprehensive benefits package, including:

• Medical, dental, and vision coverage
• 401(k) plan with company match
• Paid time off, holidays, and parental leave
• Career development and professional growth opportunities
• A people-first culture driven by purpose, performance, and teamwork