Sector: Mechanical Contractor
Category: Accounting, Finance, Controller, Cash Flow Management,
Regional Controller Job Description
The Regional Controller is a key financial leader within our organization, responsible for providing financial analysis and support to the Regional Vice President and Corporate Leadership. This role plays a crucial part in ensuring the accuracy of financial reporting, compliance with accounting policies, and facilitating external audits. The Regional Controller also plays a vital role in financial due diligence and integration for acquisitions. We are seeking a candidate with a strong background in accounting and significant industry experience.
The Regional Controller reports to the Chief Accounting Officer but collaborates closely with the Regional Vice President and other Regional Team Members. This position requires a flexible and adaptable individual who can thrive in a decentralized environment, with an emphasis on mentoring and influencing rather than strict command and control.
Financial Oversight of Operating Companies:
- Review monthly financial statements submitted by operating companies, including balance sheets, income statements, construction WIP schedules, and other financial data in OneStream.
- Communicate monthly financial results to corporate leadership through financial review calls and summarized reporting.
- Attend quarterly cost-to-complete meetings at operating companies.
- Review quarterly forecasts and annual budget packages.
- Provide financial information and analysis to assist in filing quarterly and annual reports with the Securities and Exchange Commission.
- Ensure compliance with accounting policies and procedures.
- Participate in the hiring process of financial personnel at operating companies.
- Understand and support the monthly close process for each operating company.
- Assist operating companies when controllers are unavailable due to departures or short-term leaves.
- Provide financial analysis and information to support the Regional Vice President and Corporate Leadership in understanding operating companies’ financial reports and processes.
- Offer support and guidance during accounting software conversions and various financial systems implementations.
External Audit Liaison:
- Provide quarterly information to external auditors regarding financial results, variations, and project performance for operating companies.
- Coordinate other audit-related requests for the annual audit.
Financial Due Diligence and Integration for Acquisitions:
- Assist in financial due diligence for both standalone and bolt-on acquisitions in the region.
- Lead financial integration efforts for standalone acquisitions and assist operating companies with the integration of bolt-on acquisitions.
The ideal candidate for the Regional Controller role should possess a Bachelor’s degree in accounting and have accumulated 10+ years of experience in the construction or manufacturing industry.
The Regional Controller will be expected to travel approximately 40% to 60% of their time as necessary to visit company subsidiaries or attend corporate meetings. Periodic weekend or evening work may be required.