Financial Controller

3 weeks ago


Thiruvananthapuram, Kerala, India VIRTUAL CONSTRUCT Full time

Job Summary

We are seeking a seasoned Financial Controller to manage financial operations for our U.S.-based construction clients. The ideal candidate will oversee accounting, cash flow, budgeting, compliance, and strategic financial planning, while collaborating with U.S. CPAs and leadership teams.

Responsibilities:

  • Accounting Operations
    • Manage daily accounting and bookkeeping operations in line with U.S. GAAP and construction standards
  • Fraud Prevention and Internal Controls
    • Develop internal controls and implement fraud prevention measures
  • Revenue Recognition
    • Ensure accurate revenue recognition using POC or completed contract methods
  • Financial Closes and Job Cost Allocation
    • Conduct monthly financial closes and allocate job costs
  • KPI Tracking and Reporting
    • Track and report KPIs such as job cost variance and cash flow cycles
  • Accounts Receivable and Payable Optimization
    • Optimize AR/AP processes and manage retention accounting
  • WIP Schedules and Compliance
    • Oversee WIP schedules, cost tracking, and payroll compliance
  • Cash Flow Forecasts and Working Capital Management
    • Develop cash flow forecasts and support working capital management
  • ERP System Implementations
    • Lead ERP system implementations and enhance financial systems
  • Strategic Financial Insights and M&A Support
    • Provide strategic financial insights and support M&A initiatives

Qualifications:

  • Experience: Minimum 5 years of experience in accounting or financial management (construction industry preferred)
  • GAAP and Construction Accounting Knowledge: Strong understanding of U.S. GAAP and construction accounting principles
  • ERP Systems: Proficiency in ERP systems (Foundation ERP, QuickBooks)
  • Revenue Recognition Methods: Experience with revenue recognition methods (POC and completed contract)
  • Payroll Compliance, Job Costing, and WIP Reporting: Solid knowledge of payroll compliance, job costing, and WIP reporting
  • Analytical, Budgeting, and Financial Planning Skills: Strong analytical, budgeting, and financial planning skills
  • Collaboration with U.S.-Based CPAs: Experience collaborating with U.S.-based CPAs for tax compliance and audits

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