DESCRIPTION:
Financial Controller
Boston, MA
Overview
The Financial Controller is responsible for managing and overseeing all accounting and financial operations for a growing construction and remodeling company. This role ensures accurate financial reporting, strong job cost control, healthy cash flow, and profitability tracking across all projects.
The Controller works closely with ownership, project managers, and operations to provide financial insight that supports decision-making and protects company margins. This position goes beyond traditional bookkeeping and plays a key leadership role in managing project financial performance from contract award through project completion.
Responsibilities
Core Responsibilities
1. Job Profitability Control (MOST IMPORTANT)
- Maintain accurate job cost structures
Monitor:
- Estimated vs Actual costs
- Labor productivity
- Change order profitability
- Produce monthly project profit reports
- Flag problem jobs early
Goal:
- No financial surprises at project close.
2. Cash Flow Management
- Weekly cash position reporting
- Forecast incoming vs outgoing cash (8–12 weeks ahead)
- Control billing timing
- Reduce AR aging
- Manage retainage tracking
- Construction companies fail from cash flow — not lack of work.
3. Project Billing Oversight
- Progress billing & schedule of values
- AIA billing when required
- Change order billing tracking
- Ensure PMs bill on time
4. Financial Reporting to Ownership
Deliver monthly dashboard including:
- Gross profit by project
- Company gross margin
- Overhead ratio
- Net profit
- Backlog value
- Cash forecast
5. Systems & Process Improvement
- Standardize job cost codes
- Improve PM financial accountability
- Implement financial workflows
- Integrate PM software with accounting
6. Compliance & Risk Protection
- Subcontractor insurance tracking
- Lien waiver management
- Sales tax & 1099 reporting
- Coordinate CPA & year-end closing
7. Leadership
- Train PMs on financial responsibility
- Attend weekly operations meetings
- Increase profit margins
- Prevent underbidding patterns
- Improve billing speed
- Give owner real financial visibility
Experience
Required Experience & Education — Financial Controller (Construction & Remodeling)
Required Experience
- 7-10+ years of accounting or financial management experience
- Minimum 3–5 years in construction, remodeling, or project-based accounting
Proven experience with:
- Job cost accounting
- Project profitability tracking
- Progress billing and/or AIA billing
- Retainage management
- Accounts payable & receivable oversight
Experience preparing:
- Monthly financial statements
- Work-In-Progress (WIP) reports
- Cash flow forecasts
Experience working directly with:
- Project Managers
- Subcontractors
- Vendors and suppliers
- Background managing or supervising accounting staff preferred
- Experience improving accounting systems and workflows
Technical Experience:
Construction accounting software such as
- Sage 100 Contractor or similar platforms
Advanced Microsoft Excel skills:
- job cost tracking
- financial reporting
- forecasting
Education Requirements
One of the following:
Bachelor’s Degree in Accounting, Finance, or Business Administration
Job Type: Full-time
Pay:
$90,000 – $110,000 per year
Benefits:
- 401(k)
- Health insurance
Work Location:
In person
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