Assistant Controller

Overview

Yearout Mechanical, a Legence Company, is a New Mexico based company specializing in the installation of mechanical and process systems for the commercial, government, manufacturing and industrial communities of New Mexico and Texas. Since our incorporation in August of 1964, Yearout Mechanical has consistently grown and expanded its capabilities, reaching its present position as the premier mechanical contractor in New Mexico.

Our mission is to be invaluable to our partners (clients, vendors, industry, and employees) so they cannot imagine success without us, by providing comfortable, reliable and efficient mechanical systems that meet our partners’ needs.

Position Overview:

As an Assistant Controller for Yearout Mechanical, a Legence company, you will oversee accounting functions including preparing financial statements, managing daily accounting operations, and ensuring financial accuracy and compliance with regulations.

• Ensure that efficient policies and procedures and the proper internal controls are in place
• 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
• Develop and maintain effective Percentage of Completion forecast capability
• Assess adequacy of resource deployment commensurate with known project schedules and workload
• 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)
• Work closely with project managers to ensure accurate data on jobs and cost accounting
• Partner with external auditors to support annual audit procedures
• 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
• 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 prepare other ad hoc operational and financial reports as requested
• Aid in the implementation of new ERP and additional software tools to modernize and scale the business

• Bachelor's degree in accounting required; CPA preferred
• Preferred: 5 – 7+ years’ progressive accounting experience, working in public accounting or corporate accounting
• Construction industry experience preferred
• Firm knowledge of Generally Accepted Accounting Principles (US GAAP)
• Strong knowledge of ASC 606 and understanding of percentage completion accounting preferred
• Proficiency in MS Office, especially Excel. Experience with Sage 300 CRE ideal

Legence (Nasdaq: LGN) is a leading provider of engineering, consulting, installation, and maintenance services for mission-critical systems in buildings. The company specializes in designing, fabricating, and installing complex HVAC, process piping, and other mechanical, electrical, and plumbing (MEP) systems—enhancing energy efficiency, reliability, and sustainability in new and existing facilities. Legence also delivers long-term performance through strategic upgrades and holistic solutions. Serving some of the world’s most technically demanding sectors, Legence counts over 60% of the Nasdaq-100 Index among its clients.

Health & Welfare: Company Paid medical, dental, vision, prescription drug, accident & sickness benefit, basic group life and AD&D, and Employee Assistance Program

Time Off Benefits: Paid vacation, company-paid holidays, and paid sick leave

Financial Benefits: 401(k) retirement savings plan