Assistant Controller

Morrow Meadows is accepting applications for a Assistant Controller to join our finance team in the construction industry. The Assistant Controller is a senior‑level accounting professional responsible for overseeing the company’s accounting operations and ensuring the integrity of financial reporting for our electrical contracting business. Reporting to the Director of Accounting, the Assistant Controller manages the day‑to‑day financial activities – including supervising accounting staff – and works to ensure compliance with GAAP, particularly in areas like percentage‑of‑completion revenue recognition for construction projects.

This role acts as a bridge between the accounting team and executive management, providing financial insights and ensuring that robust controls and efficient processes are in place. Construction accounting experience is helpful, as the Assistant Controller will handle work‑in‑progress tracking and other industry‑specific accounting functions. The ideal candidate has excellent communication abilities, and a positive, collaborative attitude.

Accounting Operations Management

• Oversee daily accounting operations ensuring that all financial transactions are recorded accurately and in a timely manner. Supervise and support the accounting team in their daily tasks, maintaining an organized workflow and resolving issues that arise.
• Co‑lead the month‑end and year‑end close processes. Prepare and/or review journal entries, reconciliations, and trial balances for completeness and accuracy. Ensure the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP.

• Oversee revenue recognition for construction contracts using the percentage‑of‑completion (POC) method. Prepare and update Work‑in‑Progress (WIP) schedules to track project profitability and deferred revenue/costs. Review job cost reports and ensure proper job costing of labor, materials, and overhead for each project.

• Assist in the development of the annual budget and periodic forecasts. Monitor actual performance vs. budget and investigate significant variances, providing insightful explanations or recommendations to management.
• Analyze financial data and key performance indicators of the business; generate reports and dashboards for management to support strategic decision‑making. This includes project‑level financial performance analysis, cash flow analysis, and ad‑hoc analysis for business opportunities or operational improvements.

• Implement and maintain strong internal controls and accounting policies to safeguard company assets and ensure compliance with corporate guidelines and regulatory requirements. Continuously evaluate and improve processes to increase efficiency and accuracy (e.g., approval workflows, expense controls, document management).

• Coordinate external audits and internal reviews, serving as a primary contact for auditors. Prepare required audit schedules and documentation, and ensure audit requests are handled promptly. Proactively address any audit findings with process improvements.

• Oversee the use of the accounting system/ERP; ensure the team is leveraging system capabilities fully for financial reporting and analysis. Lead or support initiatives to upgrade or implement new software, including data migration and staff training. Streamline accounting processes to improve accuracy and efficiency.

• Ensure compliance with tax regulations and other financial legal requirements. Oversee the preparation of tax filings or work with external tax professionals for sales/use tax, property tax, etc. Verify that licensing, insurance, and contract compliance requirements (relevant in construction, such as lien waivers and preliminary notices) are being met from a financial standpoint.
• Lead and mentor accounting staff, providing guidance, training, and performance feedback. As the team grows, take an active role in hiring and developing talent within the accounting department. Foster a collaborative…