What are the responsibilities and job description for the Assistant Controller position at Hoar?
The Assistant Controller is responsible for supporting the accounting, budgeting, planning, control, cash management, treasury, and tax handling functions. This position assists the Controller and CFO in overseeing organizational accounting functions, financial reporting, and any activities related to the budgeting and forecasting of financial data. In this role you may be required to travel up to 10% of the time.
Responsibilities:
Report on key developments at senior level accounting staff meetings.
Perform any month-end, quarter-end, and year-end close procedures, including but not limited to making journal entries and reconciling the general ledger. Also includes but not limited to revenue and gross profit recordkeeping for each job, investment and liquidity portfolio, accounts receivable, fixed assets and depreciation, backlog reports for surety providers, any risk management reports for insurance companies, monthly insurance accrual, community foundation reporting, accruals and long term debt.
Assist the Controller in publishing all accounting periods’ financial divisional reports to division heads and corporate financial reports to senior accounting management for their review.
Support the annual budgeting and quarterly projection process and work with division heads to insure all general ledger accounts are budgeted, for each division, for each company.
Assign accounting work tasks to employees, mentor, train, and work with team members to resolve problems.
Attend monthly staff meetings (either job team or divisional), report on progress, problems, and recommended solutions.
Work with the IT group to make sure reporting systems are serving the company adequately.
Coordinate financial audits, provide support to the audit processes, and participate in recommendations for procedural improvements.
Assist in special projects as requested by Accounting and Finance leadership.
Requirements:
Bachelor's Degree in Accounting, Finance, Business or related field
Certified Public Accounting (CPA) Preferred
5-7 years of experience in public accounting serving construction industry clients, or five years related experience in a corporate accounting role in the construction industry.
Knowledge of automated financial and accounting reporting systems.
Experience analyzing financial data and preparation of financial reports, statements and projections.
Working knowledge of short and long term budgeting and forecasting, rolling budgets and product-line profitability analysis.
High level of knowledge of generally accepted accounting principles (GAAP) and how each transaction impacts the balance sheet and income statement of the company.
Proficiency in MS Office
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