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Controller

Company: Xtreme Elements
Location: Akron
Posted on: October 11, 2019

Job Description:

Xtreme Elements is a large union concrete construction contractor seeking a Controller to replace their current Controller who is transitioning to retirement. This is an opportunity to join a stable and growing company with highly capable accounting, estimating, and project management staff.The position manages the preparation of the monthly and annual financial reporting including general ledger balancing, WIP schedule, CPA firm annual consolidated Review financial statement preparation, and tax return data collection for multiple consolidated operating entities. This is a leadership position within the company providing financial information and insight for decision making regarding operations, fixed asset acquisitions, property management, and investments. The Controller provides the primary guidance and staff support for the accounting information systems and project budget and cost reporting for project management information. This position supervises and reviews the work of personnel in accounts payable, payroll, and project invoicing. The Controller is responsible for supporting the staff to ensure that work is properly allocated and completed in an efficient manner.ResponsibilitiesResponsible for maintaining accounting principles, practices, and procedures to ensure timely and accurate month end closing.Monthly analysis and preparation of financial statements. Maintain a thorough understanding of the accounting database especially the union payroll reporting configurations to maximize the efficiency and accuracy of weekly payroll processing for multiple entities.Provide support to project managers to assist with the management of job budgets and costs.Manages daily banking activities including daily cash receipts, positive pay, and cash flow support for accounts payable, payroll, and debt service while minimizing LOC usage.Maintains banking and lending relationships and prepares monthly borrow base report.Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.Looks ahead, anticipates, and plans for situations and deadlines to support and prepare staff for successful outcomes. Routine monitoring of working capital and debt service coverage.Monitor and advise staff on transaction processing cutoff dates to insure accuracy and completeness of financial statements.Support the professional development and training of staff as needed.Prepare/supervise the timely completion of bank reconciliations.Maintain insurance and bonding relationships to manage risk and maximize bonding capacity.Manage accounts receivable collections and monitor Retainage status.Promotes an accessible, open, and collaborative environment for the staff.Maintain a high level of confidentiality regarding sensitive financial and personnel issues.Preparation of various forecasts as necessary including annual financial statement forecasts.Primary liaison with advisors and managers for 401K plan.Provide guidance for the maintenance of internal controls and policies for compliance with legislation and established best practices.Serve as primary contact for external auditors and regulators for union fringe benefits and tax matters.Position RequirementsEducation, Knowledge & ExperienceBA/BS in Accounting, CPA preferred.Technical Skills and Prior ExperienceExperience working in a commercial construction firm is preferred.Prior experience in public accounting is a plus.Prior experience supervising accounting personnel.Prior experience with management or processing of payroll functions with union payroll experience preferred.Understanding of accounting database structure for data analysis and forecasting.Must be PC proficient. Experience with Foundation Software a plus. Must have strong experience with Microsoft Office.Strong verbal and written communication skills.Strong interpersonal, supervisory and customer service skills.Ability to multi-task, prioritize, and meet deadlines in a fast-paced environment.We are an equal opportunity employer

Keywords: Xtreme Elements, Akron , Controller, Accounting, Auditing , Akron, Ohio

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