Strategic Construction Controller: WIP & GAAP Expert

LeoForce

Walnut Creek (CA)

On-site

USD 175,000 - 200,000

Full time

6 hours ago
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Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • CPA strongly preferred.
  • 7+ years of progressive accounting experience in construction.
  • Solid grasp of GAAP, WIP, percentage-of-completion, and job costing.

Responsibilities

  • Oversee accounting operations including general ledger, month-end close, reconciliations, and financial reporting.
  • Manage revenue recognition per GAAP and construction standards.
  • Oversee job costing and ensure accurate capture, coding, and reporting of project costs.
  • Prepare and analyze WIP schedules, including percentage-of-completion and cost-to-complete estimates.
  • Partner with Project Managers and Operations to analyze project financial performance and variances.
  • Oversee AIA billings, progress billings, retainage, AR, and collections.
  • Review lien waivers, subcontractor compliance, and related financial documentation.
  • Ensure accurate accounting for change orders, commitments, and indirect project costs.
  • Monitor project margins and identify risks, overruns, and profitability issues.
  • Lead monthly and year-end close and ensure timely financial statements.
  • Establish internal controls over project accounting, billing, cash management, and reporting.
  • Support budgeting, forecasting, cash flow projections, and financial planning.
  • Provide financial analysis to senior leadership and assist with audits and tax compliance.
  • Identify opportunities to improve accounting processes, reporting, systems, and controls.

Skills

GAAP knowledge
Construction accounting
WIP schedules
Excel proficiency
Financial analysis
Strategic partnering

Education

Bachelor's in Accounting/Finance
CPA (strongly preferred)

Tools

Construction ERP systems
General ledger software

Job description

Experience: Director

Salary: $175,000 - $200,000 per year

Job Details
Key Responsibilities
  • Oversee the company’s construction accounting operations, including general ledger, month-end close, reconciliations, and financial reporting.
  • Manage revenue recognition in accordance with GAAP and applicable construction accounting standards.
  • Oversee job costing and ensure project costs are accurately captured, coded, and reported.
  • Prepare and analyze WIP (Work-in-Progress) schedules, including percentage-of-completion calculations, cost-to-complete estimates, gross profit projections, and revenue recognition.
  • Partner with Project Managers and Operations to analyze project financial performance, cost variances, change orders, and estimated costs to complete.
  • Oversee AIA billings, progress billings, retainage, accounts receivable, and collections.
  • Manage and review lien waivers, subcontractor compliance, and other project-related financial documentation.
  • Ensure accurate accounting for change orders, commitments, subcontractor costs, labor, materials, and indirect project costs.
  • Monitor project margins and identify potential risks, cost overruns, and profitability issues.
  • Lead the monthly and year-end close process and ensure timely and accurate financial statements.
  • Establish and maintain strong internal controls over project accounting, billing, cash management, and financial reporting.
  • Support budgeting, forecasting, cash flow projections, and financial planning.
  • Partner with senior leadership to provide financial analysis and recommendations regarding project and company performance.
  • Assist with annual audits, tax compliance, and other external reporting requirements.
  • Identify opportunities to improve accounting processes, reporting, systems, and controls.
Qualifications
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • CPA strongly preferred.
  • 7+ years of progressive accounting experience, with significant experience in the construction industry.
  • Strong understanding of construction accounting, WIP schedules, percentage-of-completion revenue recognition, and job costing.
  • Experience with AIA billing, retainage, lien waivers, subcontractor accounting, and project financial reporting.
  • Strong knowledge of GAAP and financial reporting requirements.
  • Experience partnering with Project Managers and operational leadership.
  • Advanced Excel skills and experience working with construction ERP/accounting systems.
  • Strong analytical, organizational, and communication skills.
  • Ability to operate as both a strategic financial partner and a hands‑on accounting leader.
A bit about us:

Our client is seeking an experienced Construction Controller to oversee the company’s accounting operations and provide financial leadership across its construction projects. This individual will play a critical role in ensuring accurate job costing, revenue recognition, work-in-progress reporting, project billings, and overall financial reporting.

The ideal candidate will have a strong background in construction accounting, a deep understanding of percentage-of-completion accounting and WIP reporting, and preferably hold an active CPA license. This is an opportunity for a hands‑on accounting leader who can partner closely with Project Management, Operations, and Executive Leadership to improve financial visibility and project profitability.

Why join us?
  • Make a meaningful impact: Play a key role in the financial success of complex construction projects and directly influence company profitability and growth.
  • Leadership & visibility: Partner closely with Project Management, Operations, and Executive Leadership, with a seat at the table in important financial and business decisions.
  • Build and improve: Take ownership of accounting processes, reporting, controls, and systems while helping the organization scale.
  • Project-driven environment: Work on challenging construction projects where your expertise in WIP, job costing, revenue recognition, and project financials directly matters.
  • Career growth: Opportunity to grow into a broader financial leadership role as the company continues to expand.
  • Collaborative culture: Work alongside experienced construction and operations professionals who value strong financial partnership.
  • Competitive compensation & benefits: Competitive salary, benefits, and an overall package designed to attract and retain top talent.

#accounting-finance #project-management #forecasting #financial-management #tier2

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