Assistant Controller - Ledgent Finance & Accounting

Job Title: Assistant Controller

Job Summary:

The Assistant Controller will support the Controller in managing the financial operations of the company, with a focus on ensuring accurate financial reporting, job cost accounting, and regulatory compliance. This position will require strong accounting expertise, particularly in construction-specific accounting practices such as job costing, project billing, and work-in-progress (WIP) reporting. The Assistant Controller will collaborate with various departments to ensure financial integrity and help streamline financial processes to support the company's growth and profitability.

Key Responsibilities:

• Financial Reporting:
• Assist in the preparation of monthly, quarterly, and annual financial statements (balance sheets, income statements, and cash flow statements).
• Ensure timely and accurate reporting of financial results, including consolidating reports for multiple entities if applicable.
• Support the Controller in analyzing financial performance and identifying trends and variances.
• Job Cost Accounting:
• Maintain accurate job costing records for all construction projects.
• Collaborate with project managers to monitor project budgets, actual costs, and forecasted margins.
• Assist in managing progress billing and monitoring project profitability.
• Accounts Payable & Receivable:
• Oversee and support accounts payable and receivable processes, ensuring accurate coding of expenses and prompt invoicing of clients.
• Monitor and resolve issues related to billing, payments, and collections.
• Assist in ensuring proper cash flow management by tracking and reporting on receivables and payables.
• Budgeting & Forecasting:
• Assist with the development of annual budgets and financial forecasts, including project-level budgets.
• Monitor and update project forecasts, identifying risks and potential cost overruns.
• Prepare variance analysis between actual results, budgets, and forecasts.
• Work-in-Progress (WIP) Reporting:
• Support the Controller in preparing WIP reports, ensuring proper recognition of revenue and costs in line with the percentage of completion method.
• Collaborate with project teams to ensure that WIP schedules are up-to-date and accurate.
• Internal Controls & Compliance:
• Help maintain and improve internal controls to safeguard company assets and ensure compliance with GAAP and industry-specific regulations.
• Assist in regulatory filings, audits, and tax preparation, ensuring accuracy and compliance with federal, state, and local laws.
• Payroll Processing:
• Support the payroll process by reviewing and approving payroll calculations, ensuring compliance with wage laws, union agreements (if appl

  All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county, to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.