Construction Controller

Job Description

Job description

Pepper Pike Capital Partners is a rapidly growing private equity real estate investment & redevelopment firm located in Cleveland, Ohio. Pepper Pike Capital specializes in acquisitions, renovations, and management of market-rate multifamily properties. Over the past decade, we have acquired and (re)developed over 25,000 apartments homes throughout the Midwest and Southeast.

We are comprised of a diverse group of talented and entrepreneurial real estate professionals. We are seeking to hire bright, dynamic individuals who loves bringing a vision to reality.

We are seeking a skilled, entrepreneurial, and results-oriented individual to lead and manage our finance and accounting team within our Construction division. Controller, while working closely with the VP of Construction, and will be responsible for overseeing the financial operations, budgeting, and financial reporting for the construction company. This will include a mix of leadership and hands on work such as completing month and quarter end financial statements, job costing, cashflow and budget projections. The ideal candidate will be an excellent leader with a high degree of professional ethics and integrity.

The Controller will have the following overall responsibilities:

Oversee the accounting and finance functions including accounts payable, accounts receivable, bank reconciliations, cash management, etc.

Manage the construction company budget and effectively control expenses.

Direct the continuous improvement of the accounting and financial processes and the development of the team with the goal to achieve best practices and optimal output.

Responsible for IT software and other infrastructure to support business operational needs.

Participate in the on-going strategic planning with the leadership team to update and refine short, mid, and long-term goals.

Guide financial decisions by establishing, monitoring, and enforcing policies, procedures, and internal controls to meet both current and future business models.

Provide status on company financial condition by collecting, interpreting and reporting key financial data to the CFO and VP of Construction.

Perform special assignments as directed by the CFO or VP of Construction.

Cash and Financial Management

Responsible for overall cash management including bank account administration, movement of funds, etc.

Coordinate funding requirements with weekly cash flow forecasts including bi-weekly review of completed work with management and coordination of draw requests from banks.

Ensure treasury management controls are in place and monitored to secure company assets.

Maintain outstanding banking relationships, credit facilities and strategic alliances with vendors and business partners.

Develop regular reporting and analysis, including key metrics reports, and conduct ad hoc financial analysis as required.

Financial Analysis, Budgeting and Forecasting

Develop and maintain monthly, and yearly operating budget and update forecasts regularly.

Prepare and present as needed monthly financial budgeting reports including monthly profit and loss, forecast vs. budget.

Review and analyze monthly financial results and provide recommendations.

Ensure that all financial reports, budgets, forecasts, and other information required by the company are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.

Participate bi-weekly review of job cost data with Project Managers and other members of management team. Review and understand overages and based upon severity and/or trends in cost data, provide plan for corrective actions.

Develop regular reporting and analysis, including key metrics reports, and conduct ad hoc financial analysis as required.

Accounting, General Ledger, Administration and Operations

Supervise the construction accounting team and work with the IT department to ensure the proper functioning of all systems, databases, and software.

Review and ensure application of appropriate internal controls, compliance, and financial procedures.

Ensure timeliness and accuracy of financial and management reporting data.

Oversee the preparation and communication of monthly and annual financial statements.

Oversee the preparation and timely filing of all local, state and federal tax returns.

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.

Enhance and implement financial and accounting systems, processes, tools, and control systems.

· Review and monitor the preparation of the company’s payroll, including the allocation of costs to the projects.

Take a hands-on lead position in maintaining a comprehensive job cost system.

Qualifications:

BS in Accounting or Finance

MBA / CPA is strongly preferred

Minimum 7 years of accounting / finance experience with 3+ years of progressively responsible financial leadership roles, preferably in the construction industry

Strong knowledge of finance, accounting, budgeting, and cost control principles in accordance with GAAP

Well organized, detail-oriented with excellent follow-up

Strong verbal and written communication skills

Ability to work with deadlines

Comfortable with multiple systems and interfaces

Special Skills Required

Proven experience as financial controller or relevant role or someone who is ready for the next step

Knowledge of construction operations and management

Working knowledge of construction contract language and terms

Must make sound decisions and produce accurate and timely results

Must be a hands-on manager

Must exhibit confidence in self and others, inspire and motivate team to perform well and effectively influence the actions of others

Must monitor and analyze information and solve problems on a strategic and tactical level

#PPC

Full-time