Controller, Electrical Contractor (Small Shop)

Controller, Electrical Contractor (Small Shop) Position Summary The Controller is the financial lead for a fast-growing electrical contracting company, responsible for the full accounting function from day-to-day bookkeeping through financial reporting and banking and surety relationships.

Responsibilities

• you will manage job costing and billing, run payroll and AP, and also provide the financial guidance the owner needs to price work, manage cash, and grow.
• The company’s primary focus is industrial/commercial projects.
• Owner/President Employment type: Full-time Location: Austin, TX Key Responsibilities Job Costing and WIP Set up jobs, cost codes, and budgets; track actual vs. estimated labor hours and material costs
• Prepare monthly WIP schedules with costs to complete, over/under billings, and projected gross profit
• Meet monthly with project managers and the owner to review job status, change orders, and margin
• Flag cost overruns and underbilling early
• Billing and Receivables Prepare progress billings, pay applications (AIA G702/G703 as needed), and T&M and service invoices

Track retainage, change orders, and stored materials billing

• Follow up on past-due accounts and manage lien notices and releases
• Payables and Payroll Process vendor, supplier, and subcontractor invoices, coded to the correct job
• Collect lien waivers, W-9s, and insurance certificates
• Run weekly or biweekly payroll, including certified payroll on prevailing wage jobs
• Handle union fringe reporting and remittances (if applicable)
• Allocate labor burden and workers’ compensation to jobs
• Financial Reporting and Close Complete the monthly close, including reconciliations, accruals, and journal entries

Prepare monthly financial statements and job cost reports

• Maintain compliance with GAAP and ASC 606 for long-term contracts
• Work with the outside CPA on year-end, reviews or audits, and tax filings
• Banking, Surety, and Cash Management Prepare financial and WIP packages for the bank and surety

Monitor loan covenants and bonding requirements

• Maintain a rolling cash flow forecast tied to billing and payment timing
• Manage line of credit draws, vehicle and equipment financing, and supplier account terms
• Controls, Compliance, and Systems Maintain practical internal controls over purchasing, disbursements, and payroll

Handle sales/use tax, insurance audits, and licensing-related filings

• Manage the accounting software and recommend improvements as the company grows
• Support budgeting and pricing decisions with overhead and burden rate analysis

Requirements

• Required Bachelor’s degree in Accounting or Finance (or equivalent experience) 5 to 7 years of accounting experience, with at least 3 years in construction or job cost accounting
• Working knowledge of WIP, percentage-of-completion, retainage, and progress billing
• Experience running payroll and AP/AR Proficiency in Excel and construction accounting software
• Comfortable working independently and wearing multiple hats
• Hands-on, detail-oriented, and comfortable doing the work as well as managing it Clear communication with the owner, project managers, and field staff
• Sound judgment on forecasting and cash management
• Discretion with confidential information
• Ability to build simple, scalable processes as the company grows
• Working Conditions Remote, occasionally on site
• Busier during month-end, year-end, audit, and bonding renewal periods
• Standard business hours

Preferred

• CPA or CCIFP, or progress toward either Electrical or specialty trade contractor experience
• Experience with Quickbooks Online Experience with prevailing wage and certified payroll
• Experience preparing financials for sureties and banks

Benefits

• Compensation and Benefits Health, dental, and vision insurance
• Retirement plan with company match
• Paid time off and holidays
• Professional development support