Finance Controller

Logic Integration is a Colorado-based, award-winning audio-visual integration firm specializing in designing and installing state-of-the-art AV and automation systems for a diverse range of corporate, government, and residential clients (Logic Integration LinkedIn). We are an industry-leading company known for innovative AV solutions and outstanding customer service, recognized with multiple industry awards for our quality and innovation (e.g. CEDIA "Contractor of the Year", Inc. 5000 Fastest Growing Companies. We foster a mission-driven culture of excellence, teamwork, and integrity, and we take pride in delivering exceptional experiences to our clients. We are currently seeking a Controller to lead our finance operations and support our continued growth and success in the AV integration industry.

Responsibilities

Management

• Team Leadership: Manage and mentor the finance/accounting team, fostering a high-performance culture of accuracy and continuous improvement.

• Financial Systems Oversight: Oversee all financial systems (including our Point integrator software for project tracking and accounting) to ensure efficient workflows and accurate data flow between project management and finance.

• Strategic Collaboration: Work closely with executive leadership on financial planning and budgeting, providing insights and analysis to support strategic decision-making.

• Cross-Department Coordination: Collaborate with project managers and other departments to ensure financial policies, project costing, and revenue recognition practices are understood and properly applied throughout the organization.

Transactions

• Accounts Payable & Receivable: Oversee A/P and A/R processes - ensure timely client billing and collections, and prompt, accurate vendor payments with proper approvals.

• Job Costing: Ensure all project expenses (materials, labor, subcontractors) are accurately recorded and allocated in the Point software, maintaining up-to-date job cost records for each project.

• Payroll & Expenses: Manage payroll processing and employee expense reimbursements, verifying compliance with company policies and correct accounting treatment.

• iPoint ERP Software; Manage and run all iPoint accounting, job costing, labor, time tracking, and project controls from iPoint. Pushing data from iPoint to QuickBooks.

• Cash Management: Monitor daily cash flow and banking transactions, maintaining an optimal cash position and assisting in cash forecasts to meet operational needs.

Reporting

• Financial Statements: Prepare and review monthly financial statements (P&L, balance sheet, cash flow) and management reports, ensuring accuracy and insightful commentary on variances. This includes the RFP and over/under billings.

• Project Reporting: Generate project financial reports, including detailed Work-in-Progress (WIP) schedules and job profitability analyses, to track project performance and profitability.

• Systems Utilization: Leverage the Point integrator software to produce real-time reports and dashboards on project status (budget vs. actual, percent complete) and to forecast costs and revenues.

• Management Presentation: Present financial results and key metrics to the leadership team, explaining trends and WIP report findings, and recommending actions to improve profitability or reduce risks.

• Improve company KPI's for departments, financials, and

Compliance

• Internal Controls: Maintain robust internal controls and finance policies to safeguard company assets and ensure the integrity of financial records.

• GAAP & Revenue Recognition: Ensure compliance with GAAP and relevant accounting standards, particularly for revenue recognition on long-term projects (e.g. percentage-of-completion method and proper WIP accounting).

• Audits & Tax: Coordinate external financial audits and prepare required documentation; liaise with auditors and tax professionals to facilitate annual audits and tax filings (income tax, sales tax, etc.).

• Annual and Quarterly Reporting: Coordinate reporting requirements and ensure readiness for any financial reviews or inspections for banks, ownership, or CFO.

Other

• Process Improvement: Identify and implement process improvements and technology enhancements to increase efficiency in finance operations - for example, optimizing use of the Point software or automating WIP report generation for greater accuracy.

• Financial Analysis: Provide ad-hoc financial analysis and support for special projects or new initiatives (such as evaluating new service offerings, capital investments, or process changes) to aid decision-making.

• Centralized Location for KPI's - such as Ninety.IO from Excel tables centrally location in SharePoint.

• Cross-Functional Support: Work with the leadership team on key business initiatives, aligning financial management with Logic Integration's mission and helping communicate financial insights across the company.

• Additional Duties: Perform other related duties as needed in a dynamic environment, demonstrating flexibility and a proactive approach consistent with the company's values and goals.

• Sales Commissions - Monthly and Year-end - track commissions in SharePoint/Excel

Requirements

Requirements

• Education: Bachelor's degree in accounting, Finance, or a related field. (CPA, CMA or equivalent certification preferred.)

• Experience: 5+ years of progressive accounting/finance experience, with at least 2 years in a Controller, Finance Manager, or similar leadership role. Experience in a project-based industry (audio-visual integration, construction, engineering, etc.) highly desired.

• Heavy QuickBooks Experience is a must!

• WIP Accounting Knowledge: Strong knowledge of work-in-progress accounting and project costing is required, including understanding of percentage-of-completion revenue recognition and managing WIP schedules.

• Technical Skills: Proficiency with accounting and ERP/project management systems; experience with Point integrator software (or similar project accounting platforms) is a strong plus. Advanced MS Excel skills and ability to utilize financial data tools for analysis are expected.

• Accounting Standards: Solid understanding of GAAP and financial reporting requirements. Familiarity with job cost accounting, budgeting, and financial statement preparation for a growing business.

• Analytical Ability: Excellent analytical and problem-solving skills, with a keen attention to detail and accuracy. Able to interpret financial data to provide actionable insights.

• Leadership & Communication: Strong leadership and team management abilities. Excellent communication skills, with the ability to clearly present financial information to non-financial stakeholders and collaborate across departments.

• Integrity & Initiative: High degree of integrity, ethics, and professionalism. Self-motivated and proactive in identifying improvements, streamlining processes, and driving results. Confidentially is a must in this position.

• Industry Passion: Enthusiasm for the technology/AV integration industry and alignment with Logic Integration's values of innovation, quality, and customer service.

Work-in-Progress (WIP) Accounting at Logic Integration

What is WIP Accounting? Work-in-progress (WIP) accounting is a practice of tracking project costs and revenues throughout the life of a project, rather than waiting until the project is finished (Work in Progress (WIP) Accounting: What Is It and Why Is It Important? Procore). It involves maintaining a WIP report (or schedule) that offers an overview of the costs incurred and revenue earned for each project during a given period, providing a snapshot of ongoing work against the budget (Work in Progress (WIP) Accounting: What Is It and Why Is It Important? Procore). At Logic Integration, we use WIP accounting for all our projects - we continuously update WIP schedules to monitor project financial health in real time and ensure our books reflect the actual status of each job.

Why WIP Accounting is Important: WIP accounting is essential to our business because it ensures accurate financial reporting and helps keep projects on track. By aligning revenue recognition with project progress (using a percentage-of-completion approach), WIP accounting allows us to recognize revenue as work is completed (Work in Progress (WIP) Accounting: What Is It and Why Is It Important? Procore) rather than only at project completion - this gives management and stakeholders a more accurate picture of earned revenue and company performance during long-term projects. WIP reports also provide early warnings for potential issues: they offer insight into actual costs versus budget, helping identify cost overruns or other variances early so we can take corrective action to keep projects within budget (Work in Progress (WIP) Accounting: What Is It and Why Is It Important? Procore). In short, our Controller will own the WIP accounting process - updating and analyzing WIP reports and ensuring that the information is used to maintain financial accuracy, drive project profitability, and support sound decision-making across the company.

Benefits

Logic Integration Employee Benefits Overview

Logic Integration ("Logic") offers Full Time Employees the following:

Paid Time off

• Vacation time - Carries over year to year (subject to a 120 hour cap). Available to use immediately as accrued.

o Accrue at 40 hours year one

o Accrue at 80 hours year two

o Accrue at 120 hours year three

• Sick Time - Employees begin accruing paid sick leave pursuant to this policy at the start of employment. Employees will accrue one (1) hour of paid sick leave for every 30 hours worked, up to a maximum accrual of 48 hours each year.

• Birthdays off

• Holidays Off (10 Hours Days)

o New Years

o Memorial Day

o Independence Day (Jul 4th)

o Labor Day

o Thanksgiving and the Friday After Thanksgiving

o Christmas Day

• Extended Weekends

o 10 Hour shifts - Monday to Thursday

401k plans - Company matches up to 3% of gross pay after 1 year of full-time employment

Health Benefits - Logic pays 50% of the base plan for the employee, currently through Kaiser. There is an option to add family members and upgrade your plan for an additional cost.

Dental and Vision Insurance - Logic pays 50% of the costs for both employees and their family members, currently through Humana. Employees are responsible for the remaining 50%.

Discretionary Bonus plans and incentives for our operations and sales staff:

• We pay quarterly bonuses on operations/project-based metrics, based on residential and commercial projects.

• Sales bonus based on sales goals.

Quarterly Outings: (Go Karting, Paint balling, Bowling, Escape Room, etc)

Paid Training: Logic provides opportunities for employees to participate in appropriate training sessions.

AV Equipment Purchases for Employees at cost plus shipping. The employee must pay for the equipment upon invoicing.