Division Controller

Job Description

Job Description

Successful Construction firm is looking for an experienced Division Controller to oversee the financial operations of our construction division in Palo Alto, California. This leadership role requires an experienced and detail-oriented individual who can manage financial reporting, optimize accounting processes, and provide strategic insights to drive operational success. The ideal candidate will bring a deep understanding of construction industry accounting and revenue recognition standards.

Responsibilities :

• Lead and manage all accounting and financial functions for the division, ensuring operational efficiency and accuracy.
• Oversee the month-end close process, delivering timely and accurate financial results along with detailed variance analyses.
• Prepare and submit financial reports to the parent company, ensuring compliance with corporate standards and deadlines.
• Supervise cash flow management, including forecasting, collections, payments, and banking activities.
• Validate revenue recognition based on work-in-progress data, aligning with forecasts and documentation.
• Implement process improvements to enhance efficiency and reduce manual tasks across accounting workflows.
• Stay updated on technical accounting standards, particularly those relevant to construction revenue recognition, change orders, and claims.
• Provide executive leadership with actionable financial analyses and recommendations to support strategic decision-making.
• Minimum of 10 years of progressive experience as a Controller in the construction industry.
• Strong work-in-progress (WIP) accounting and related processes.
• Thorough knowledge of revenue recognition processes, percentage-of-completion calculations, and construction accounting practices.
• Proven ability to manage complex financial operations and lead teams effectively.
• Strong communication skills, with the ability to clearly present financial data and insights.
• Hands-on leadership style, with a proactive approach to problem-solving and business immersion.
• Bachelor’s degree in Accounting or Finance; additional certifications are a plus.
• Expertise in month-end close, cost accounting, and financial reporting within construction projects.