Fractional Controller – Construction Industries Experience Required

This is a fully remote position, open to applicants in Arizona, +5 more states.

📋 Description

• Oversee month-end closing processes for each designated client, which includes reviewing job costs, managing accruals, and preparing WIP schedules linked to the general ledger.

• Facilitate monthly estimate-to-complete meetings with project managers and owners, questioning assumptions and documenting any changes.

• Evaluate AIA G702/G703 pay applications, schedules of values, change orders, retainage, subcontractor pay applications, and lien waivers.

• Present monthly outcomes to owners and leadership, detailing job-level changes and their causes.

• Develop and maintain cost codes for direct job costs, indirect job costs, as well as general and administrative expenses.

• Calculate the percentage of completion by dividing costs incurred by total estimated costs and recognize revenue accordingly.

• Prepare monthly WIP schedules, identify and address overbillings and underbillings, and rectify their underlying causes.

• Maintain estimates of total costs while assessing the revenue and margin impacts when estimates shift.

• Monitor gross profit and margins per job against the initial bid and previous months, reporting any fade or gain along with their causes.

• Assist with certified payroll, prevailing wage reporting, job-level insurance, and bonding needs.

• Create rolling 13-week cash forecasts aligned with billing and retainage cycles.

• Monitor line-of-credit availability and perform covenant compliance calculations.

• Prepare WIP schedules and financial packages for sureties, bonding agents, and lenders.

• Develop annual budgets, overhead rate analyses, backlog forecasts, and gross profit projections.

• Deliver month-end reporting packages, track KPIs, implement internal controls, and coordinate reviews, audits, and tax workflows with external CPAs.

• Supervise Vessel Advisors and client-side personnel while utilizing AI workflows to enhance the efficiency of recurring accounting deliverables.

• Report to the VP of Operations and client executive leadership on a fractional basis.

⛳️ Requirements

• Established experience as a Controller, Assistant Controller, or senior construction accountant within general contracting or specialty trade contracting sectors.

• Direct responsibility for job costs, WIP, and percentage-of-completion revenue recognition.

• Proficient understanding of ASC 606 regarding over-time revenue recognition using the cost-to-cost method, including cumulative catch-up adjustments.

• Capability to challenge project managers on estimates, identify profit fade early, and articulate job-level outcomes to owners.

• Ability to manage a portfolio of multiple clients while adhering to close schedules.

• Actively employs AI tools to automate reconciliations, reporting, and ongoing analysis; experience in building Claude Projects, custom GPTs, or similar workflows is a significant advantage.

• Practical experience with a construction ERP or job cost platform, such as Sage 100 Contractor, Sage 300 CRE, Sage Intacct Construction, Foundation, Viewpoint Vista, Spectrum, or QuickBooks alongside Procore.

• Advanced skills in Excel and Google Workspace.

• Highly organized and capable of meeting tight deadlines across various clients.

• Excellent written and verbal communication skills for regular remote client interactions.

• Eight or more years of progressive accounting experience.

• Minimum of three years of direct responsibility for job costs, WIP, and percentage-of-completion revenue recognition for a general contractor or specialty trade contractor.

• Strong knowledge of GAAP and ASC 606 as they relate to construction contracts, job cost accounting, and multi-entity reporting.

• Proven expertise with at least one construction ERP or job cost platform, as well as advanced Excel skills.

• Bachelor's degree in accounting or finance is preferred.

• CPA or CCIFP designation is strongly preferred.

• Work location limited to the USA.

• Standard working hours are from 8:00 a.m. to 5:00 p.m. in the local time zone; MST or PST is preferred.

🏝️ Benefits

• PTO amounting to 120 hours per year (equivalent to 3 weeks).

• Health stipend provided.

• 10 company-paid holidays.

• Sick leave available.

• Performance bonus offered.

• Infrequent travel preferred (no more than once per month) for initial client discovery assessments or strategic team meetings.

• Annual all-team retreat (typically scheduled for late summer or early fall; attendance is mandatory).