Assistant Controller
8 days ago
City of Industry
Job Description Assistant Controller The Assistant Controller is a senior-level accounting professional responsible for overseeing daily accounting operations and ensuring the accuracy and integrity of financial reporting within a construction-focused environment. Reporting to the Director of Accounting, this role manages accounting staff, supports executive leadership with financial insights, and ensures compliance with GAAP, including percentage-of-completion revenue recognition and other construction-specific accounting functions. This position also plays a key role in strengthening internal controls, improving processes, and supporting strategic decision-making. The ideal candidate is collaborative, detail-oriented, and an effective communicator. Responsibilities · Oversee daily accounting activities to ensure financial transactions are recorded accurately and on time. Supervise accounting staff, support workflow efficiency, and resolve operational issues as needed. · Help lead month-end and year-end close processes. Prepare and review journal entries, reconciliations, trial balances, and financial statements to ensure accuracy and GAAP compliance. · Manage revenue recognition for construction contracts using the percentage-of-completion method. Maintain work-in-progress schedules, review job cost reports, and ensure accurate costing of labor, materials, and overhead. · Assist with annual budgeting and forecasting. Monitor actual results against budget, investigate major variances, and provide explanations and recommendations to leadership. · Analyze financial results and key performance indicators to support decision-making. Prepare reports and dashboards covering project profitability, cash flow, and ad hoc business analyses. · Maintain strong internal controls, accounting policies, and compliance with regulatory and corporate requirements. Identify and implement process improvements to increase efficiency and accuracy. · Serve as a primary contact for auditors during external audits and internal reviews. Prepare audit schedules, provide documentation, and address audit findings through corrective improvements. · Oversee ERP and accounting system usage to ensure effective reporting and analysis. Support system upgrades, implementations, staff training, and process streamlining initiatives. · Support compliance with tax and legal requirements, including sales/use tax, property tax, licensing, insurance, lien waivers, and other contract-related obligations. · Lead, mentor, and develop accounting staff while promoting a collaborative work environment. Partner with project managers and other departments to communicate financial information and support operational planning. Requirements • Bachelor’s degree in Accounting or Finance required, • CPA strongly preferred; progress toward CPA is a plus, but it is not required, • Additional certifications such as CCIFP are beneficial, • 5–7+ years of progressive accounting experience in financial reporting and general ledger accounting, • Construction accounting, job costing, or project accounting experience helpful, • Strong knowledge of US GAAP, including ASC 606 and construction contract revenue recognition, • Experience with ERP or construction accounting systems such as Viewpoint Vista, Spectrum, or similar, • Advanced Excel skills required; Power BI, Tableau, or similar tools are a plus, • Strong analytical, leadership, communication, and organizational skills, • Ability to manage multiple deadlines and priorities with a high level of accuracy, • High ethical standards and commitment to internal controls and best practices, • Willingness to travel occasionally to project or regional sites, • Primarily on-site role based in City of Industry, California Compensation: $140,000 - $165,000 plus discretionary bonus Benefits • Competitive compensation, • Medical and dental coverage, • Basic life and long-term disability insurance, • Flexible Spending Account and Health Savings Account, • Wellness program, • 401(k) with annual employer match, • 9 paid holidays, • 3–4 weeks of personal time off based on tenure Location: City of Industry