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Assistant Controller (Construction Industry Experience)

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Overview

Schedule
Full-time
Career level
Senior-level
Benefits
Career Development

Job Description

Position Summary:
The Assistant Controller supports the Controller in managing the daily accounting operations of a construction-focused organization. This role ensures accurate financial reporting, maintains strong internal controls, and oversees accounting processes specific to the construction industry, including job costing, WIP schedules, and revenue recognition. The ideal candidate is a hands-on accounting professional with strong technical expertise and experience working in a project-based or construction environment.

Responsibilities:

  • Financial Operations & Reporting
  • Assist in overseeing the monthly, quarterly, and annual close processes.
  • Prepare and review financial statements, supporting schedules, and management reports.
  • Ensure compliance with GAAP and company accounting policies.
  • Support budgeting, forecasting, and variance analysis.
  • Assist with cash flow forecasting and management.
  • Construction Accounting & Job Costing
  • Manage and review job cost accounting, ensuring accurate allocation of labor, materials, equipment, and subcontractor expenses.
  • Maintain and prepare Work-in-Progress (WIP) schedules and revenue recognition using percentage-of-completion methods.
  • Monitor project profitability and provide insights to leadership.
  • Collaborate with project managers to ensure accurate project financial tracking.
  • Accounts Payable, Receivable & Payroll Oversight
  • Oversee AP/AR processes, subcontractor billing, and collections.
  • Ensure proper lien waiver tracking and subcontractor compliance.
  • Assist with payroll accounting and job cost allocations.
  • Compliance & Internal Controls
  • Support annual audits, tax preparation, and regulatory reporting.
  • Maintain and improve internal controls and accounting procedures.
  • Ensure compliance with contract requirements and financial reporting standards.
  • Leadership & Process Improvement
  • Supervise and mentor accounting staff.
  • Identify and implement process improvements and system efficiencies.
  • Assist with ERP/accounting system optimization and reporting enhancements.
$70,000 - $90,000 a year

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FAQs About Assistant Controller (Construction Industry Experience) Jobs at Latitude

What is the work location for this position at Latitude?
This job at Latitude is located in Derwood, Maryland, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Latitude?
Candidates can expect pay range between $70,000–$90,000 for this role.
What employment applies to this position at Latitude?
Latitude lists this role as a Full-time position.
What experience level is required for this role at Latitude?
Latitude is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Latitude for this role?
Latitude offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Latitude?
You can apply for this role at Latitude either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.