Wip Controller Jobs (NOW HIRING)

Controller - POSITION SUMMARY ($120K-$140K)

The Controller is a senior financial leadership role responsible for all accounting operations, financial reporting, and internal controls of a $20 million masonry restoration company. This position reports to the President and serves as the primary financial partner to company leadership and project management teams, with deep expertise in construction accounting — particularly project cost management, work in process (WIP) reporting, and percentage-of-completion (POC) revenue recognition. The Controller ensures financial data integrity, drives operational profitability insights, and maintains compliance with GAAP and applicable regulatory requirements.

KEY RESPONSIBILITIES

Project Costing & Job Cost Management

• Establish and maintain job cost accounting systems for all active masonry restoration projects, ensuring accurate tracking of labor, materials, subcontractors, equipment, and overhead.
• Monitor actual vs. budgeted costs on a project-by-project basis; provide timely variance analysis to project managers and executive leadership.
• Collaborate with estimators and project managers to develop project budgets, cost codes, and cost allocation methodologies.
• Analyze labor productivity and cost trends across projects; identify and report on cost overruns or inefficiencies.
• Oversee the setup of new job cost records including contract amounts, change orders, and cost-to-complete estimates.

Work in Process (WIP) Reporting

• Prepare and distribute monthly WIP schedules encompassing all open contracts, including earned revenue, billings to date, over/under billing positions, and estimated gross profit.
• Analyze and interpret WIP report fluctuations; communicate material changes to leadership and project managers.
• Coordinate with project managers to obtain accurate cost-to-complete and percent-complete estimates for each project at month-end close.
• Identify overbilling and underbilling positions and ensure proper recording and disclosure in financial statements.
• Maintain WIP aging and backlog schedules; track trends in contract profitability and completion timelines.

Financial Reporting & General Accounting

• Apply and manage percentage-of-completion (POC) revenue recognition in accordance with construction industry GAAP standards.
• Ensure accuracy and consistency of POC calculations during monthly and year-end close processes.
• Manage the full monthly, quarterly, and annual close process, ensuring timely issuance of accurate financial statements.
• Prepare and present monthly financial reports including income statements, balance sheets, cash flow statements, and executive dashboards.
• Maintain the general ledger and chart of accounts; ensure proper classification of transactions in accordance with GAAP.
• Oversee accounts payable and accounts receivable functions, including lien waivers, retainage tracking, and subcontractor compliance.
• Manage the annual financial audit or review engagement, serving as the primary liaison to external CPAs.
• Prepare and file all applicable tax returns and coordinate with external tax advisors on federal, state, and local tax obligations.

Budgeting, Forecasting & Cash Management

• Lead the annual company-wide budgeting process, working cross-functionally with operations, estimating, and executive leadership.
• Prepare rolling cash flow forecasts with attention to project billing cycles, retainage release schedules, and seasonal revenue patterns.
• Monitor banking relationships and credit facilities; manage line-of-credit usage and covenant compliance reporting.
• Analyze company-level gross margin and overhead absorption to support pricing strategy and operational decision-making.

Internal Controls & Compliance

• Design, implement, and enforce internal controls over financial reporting, cash handling, and purchasing authorization.
• Ensure compliance with bonding, insurance, and prevailing wage requirements as applicable to public and commercial restoration contracts.
• Maintain organized financial records in accordance with document retention policies and contractual requirements.
• Assist in the preparation of certified payroll reports and other compliance documentation for government-funded projects as required.

REQUIRED QUALIFICATIONS

Education

• Bachelor’s degree in accounting, Finance, or a closely related field from an accredited four-year college or university (required).

Experience

• Minimum of ten (10) years of progressive accounting experience, with demonstrated advancement in responsibility.
• A minimum of five (5) years of experience in the construction industry, with direct experience in a general contracting, specialty contracting, or restoration environment strongly preferred.