O&G Industries – Cost Control Manager- Torrington

Chamber of Commerce of Northwest Connecticut, Inc.; Torrington (CT); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) with company match

Paid holidays

Earned time off

Job summary

A leading construction company is seeking a Cost Control Manager in Torrington, CT. The successful candidate will oversee financial performance, ensuring rigorous cost control and accurate financial forecasting across various divisions. Essential qualifications include a Bachelor's degree in Accounting or Finance, proven experience in cost accounting, and strong communication skills. This opportunity offers a competitive benefits package, including 401(k) with company match and health insurance.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field required.
• Proven experience in cost accounting and construction finance needed.
• Deep knowledge of US GAAP principles is essential.

Responsibilities

• Collaborate with operations to prepare cost budgets and forecasts.
• Analyze performance variances and ensure accuracy of cost data.
• Oversee and standardize construction billing functions.

Skills

Cost accounting

Financial forecasting

US GAAP principles

Leadership skills

Analytical thinking

Communication skills

Proficient in Microsoft Suite

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Financial reporting tools

Relational databases

Job description

O&G Industries, Inc., an innovative and diversified construction company based out of Torrington, CT, is currently recruiting for a Cost Control Manager to join our team in Torrington. We wanted to share this opportunity with you in case you know of anyone interested. Please send any cover letters and/or resumes to [e-mail].

If you are ready to start building your career with a company dedicated to employing the most talented workforce in the industry, we are ready to speak with you!

O&G Industries, Inc., an innovative and diversified construction company based out of Torrington, CT seeks a Cost Control Manager to join our team. We are a highly respected leader in our field and ranked as one of the top construction firms in the Northeast.

The Cost Control Manager plays a pivotal role in optimizing financial performance across our construction, building materials, and equipment divisions. This position ensures rigorous cost control, accurate financial forecasting, and standardized billing practices that empower our operations teams to make data‑driven decisions.

The Cost Control Manager reports directly to the Chief Financial Officer.

Responsibilities

• Collaborate with operations teams to prepare unit cost budgets and forecasts
• Analyze performance variances and meet regularly with teams to ensure accuracy of actual cost data and projections
• Update and maintain equipment and material cost rates used for internal allocations
• Monitor unit costs and investigate significant variances
• Reporting & Forecasting
  • Prepare periodic cost reports and ad hoc financial analyses
  • Support monthly percent-complete calculations, journal entries, and documentation
  • Provide financial updates to the Finance team on operational forecasts, ensuring alignment with budgets and projections
• Oversee and standardize construction billing functions
• Assist the billing department to ensure accurate and timely invoicing
• Operational Oversight
  • Ensure systems and procedures are in place at operational sites for accurate data collection
  • Monitor project execution and compare actuals to budget for strategic insights
  • Partner with operations teams to support financial decision‑making across all active projects
• Manage, review and provide oversight for construction billing department
• Strong leadership and communication skills, with ability to lead, build trust, and communicate ideas clearly across the company

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• Proven experience in cost accounting and construction finance
• Deep knowledge of US GAAP principles
• Strong verbal and written communication skills
• Advanced proficiency in Microsoft Suite and relational databases
• Experience using financial reporting tools
• Demonstrated analytical thinking and problem‑solving ability

We offer a competitive benefit and compensation package that includes health, dental, vision, 401(k) with company match, company paid life insurance, company paid long‑term disability insurance, paid holidays, and earned time off.

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EOE/AA/Disability, Veteran and Second Chance Employer

We are an E-Verify Participating Employer.