ICS · 2 hours ago
Assistant Controller
Minneapolis, MN
Full-time
Hybrid
Mid, Senior Level
$110K/yr - $150K/yr
7+ years expICS, a Legence Company, is a solutions-based consulting firm specializing in planning and project-related solutions. The Assistant Controller will oversee financial reporting, manage accounting processes, and ensure compliance with internal controls and GAAP standards while leading a small team.
Building MaterialConstruction
No H1B
Responsibilities
Policies & Controls - Ensure that efficient policies and procedures and the proper internal controls are in place
Financial Reporting - Responsible for month-end close process and coordinate the closing of the division’s accounting books. Report financial results in conformity with US GAAP together with financial and accounting policies established by Corporate Accounting
Percentage of Completion Accounting - Develop and maintain effective Percentage of Completion forecast capability. Assess adequacy of resource deployment commensurate with known project schedules and workload. Ensure adequate cost accumulation on each project. Oversee the construction project accounting process from start to finish. Prepares and analyzes month-end reporting (WIP report, over/under, gross margin, revenue recognition, and revenue projection, a shift of work and variances to plan, forecast adjustments, earnings fade/gain, preconstruction costs)
Project Forecasting - Work closely with the project managers to ensure accurate data on jobs and cost accounting
Audit - Partner with external auditors to support annual audit procedures. Ensure timely communication and provide accurate documentation, including “Prepared by Client” deliverables
Transaction Processing - Manage/Supervise AR, AP, Job Costing, General Ledger, Contracts Management and Purchasing
Monthly Performance Review - Maintain KPI dashboards and steer monthly analytical process to assess operational and financial performance, including labor efficiency and productivity, margin scalability, and cash conversion. Review expense projections and provide recommendations regarding cost reduction as well as opportunities to redeploy resources across projects and departments. Assess risks and opportunities spanning revenue growth, margin expansion and cash conversion
Team Management - Supervise staff of 4-8 people
Financial Planning & Analysis - Support annual planning cycle, including preparation and consolidation of budget requests across businesses, analytics, management review and Board presentations
Lead various operational and financial analyses and prepared other ad hoc operational and financial reports as requested
ERP and System Deployment - Aid in the implementation of new ERP and additional software tools to modernize and scale the business
Qualification
Required
Bachelor's Degree in Accounting required
7+ years' experience progressive accounting experience working in public accounting (Big 4) or corporate accounting
Certified Public Accountant required
Firm knowledge of Generally Accepted Accounting Principles (US GAAP)
Strong attention to detail, rigorous and methodical
Work effectively with accounting team, management, project managers and external auditors
Produce accurate and timely accounting reports
Strong and polished communication skills, both written and verbal
Great analytical, critical thinking and problem-solving abilities
Strong time management, organizational skills and adaptable and capable of working in fast-paced environments
Demonstrated ability to handle multiple priorities and meet deadlines; ability to adapt to change. Responsive and action-oriented
Strong analytical and mathematical ability
Demonstrated success developing teams using strong leadership and talent development strategies
Proficiency in MS Office, especially Excel
Impeccable work ethics, slow to judge, objective and candid with desire to drive for transparency
Accountable and willing to make personal commitments to drive the transformation of the Finance function. Follow through on commitments, drive for closure and deliver sustainable results
Preferred
Construction industry experience preferred
Strong knowledge of ASC 606 and understanding of percentage completion accounting preferred
Experience with Sage 300 CRE ideal. IFS or OneStream a plus
Benefits
Company Paid medical, dental, vision, prescription drug, accident & sickness benefit, basic group life and AD&D, and Employee Assistance Program
Paid vacation, company-paid holidays, and paid sick leave
401(k) retirement savings plan
Company
ICS
ICS specializes in offering cutting-edge facility solutions to assist you in properly planning, constructing, and running your building. It is a sub-organization of Building Systems Holdings.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Michael Piper
Partner
Company data provided by crunchbase