Regional Controller

Colonial Group; Wilmington, Northern (NC, KY); Hybrid; USD 150,000 - 200,000; Full time

Job summary

Balfour Beatty Infrastructure, Inc. is seeking a Regional Controller in Wilmington, NC. This senior role leads the regional finance function, ensuring GAAP compliance, financial reporting, and robust forecasting for multiple projects and the regional portfolio.

The position requires a strong background in accounting/finance, extensive management experience, and proven ability to drive cost controls and financial performance within a complex regional operation.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent experience.
• 10–15 years of financial management experience, with 5+ in engineering/construction or professional services.
• Strong knowledge of GAAP.
• Ability to develop and present financial reports and forecasts.
• Effective communication with operations teams.

Responsibilities

• Maintain financial records per GAAP and SOPs including AP/AR and reporting.
• Prepare and deliver monthly financial reports to Regional and Corporate Management.
• Develop detailed project and division overhead cost and revenue forecasts.
• Manage cash forecasting and cash flow.
• Coordinate with audits and internal stakeholders.
• Oversee regional and project accounting staff and budgets.
• Prepare reports summarizing income, expenses and budget-to-actual performance.
• Review variances and drive improvement plans.

Education

Bachelor’s degree in Accounting or Finance

Tools

Excel

ERP systems

Job description

Job Title: Regional Controller

Employer: Balfour Beatty Infrastructure, Inc.

Reports To:

VP of Finance / CFO – Balfour Beatty Infrastructure, Inc.

The Regional Controller is a senior member of the Region Management Team, which is led by the Regional Vice President and accountable for the overall direction and performance of the Region business unit.

Responsibilities:

The Regional Controller is responsible for the financial management of the Region, including but not limited to:

• Maintain the Region’s financial records in accordance with BBII Standard Operating Procedures and GAAP, including support activities such as AP, AR and report preparation.
• Prepare and deliver monthly financial reports to Regional and Corporate Management.
• Develop detailed project and division overhead cost and revenue forecasts.
• Participate in monthly financial review meetings with Senior Corporate Management covering all aspects of divisional performance.
• Maintain a control environment consistent with BBII SOPs.
• Manage cash forecasting and cash flow.
• Coordinate with and represent the Region in internal, external, and government audits.
• Maintain a detailed understanding of all projects and operations within the Regional portfolio.

Other Responsibilities:

• Hire, train, and develop qualified, motivated staff.
• Work effectively in a hands-on, team-oriented environment.
• Oversee all regional and project accounting staff.
• Oversee the preparation, review, and accuracy of budgets and other financial operating reports.
• Prepare accurate reports that summarize and forecast financial position, including income, expenses, and budget-to-actual performance.
• Monitor and report actual results against key performance indicators, and provide continuous improvement plans to enhance business performance.
• Analyze financial reports for variances against forecasts, budgets, and benchmarks, and provide recommendations to management.
• Review operating expenses, recommend cost-reduction opportunities, and lead the monthly SG&A review process.
• Review the financial aspects of major bids, including equipment purchase or lease analysis, projected cash flow, insurance, and property taxes.
• Contribute to the development and updating of the Region’s strategic plan.
• Attend quarterly Cost to Complete meetings for all active internal projects.
• Attend monthly or as-needed joint venture board meetings.
• Maintain strong working relationships with joint venture accounting staff and management.
• File annual property tax renditions and represent the Region in appraisal protests.
• Review and approve all check edits before payment.
• Review and approve all payroll edits before posting.
• Produce a weekly 13-week rolling cash forecast report.
• Participate in the biweekly Financial Leadership Team conference call.
• Ensure balance sheet reconciliations are completed monthly.
• Perform other duties as assigned by the CFO or Regional Vice President.

Required Experience

• Bachelor’s degree in Accounting or Finance, or an equivalent combination of education and experience.
• 10–15 years of financial management experience, with at least 5 years preferred in the engineering, construction, or professional services industry. Joint venture experience is a plus.
• Demonstrated ability to perform the key responsibilities of the role through relevant education and experience.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP).
• Ability to gather and organize data for financial reporting.
• Ability to analyze complex information and make sound decisions.
• Knowledge of financial reporting, budgeting, and forecasting methods.
• Effective communication skills for working with operations teams.
• Strong computer and software proficiency.
• Strong leadership and people management skills.
• Proven budgeting and financial analysis skills.