Controller
Job Description
Job Description
Full-time Controller About the company:
Our Client, The Universal Piping Industries, is a leader in the design, fabrication, and installation of industrial piping & plumbing systems and HVAC systems for industrial/commercial facilities. UPI is a part of a large group of companies within the Kaiser Enterprise. The Kaiser Enterprise includes UPI, Gallagher-Kaiser (GK), GK de Mexico, GK Canada, GK GmbH Germany, Tann Corporation, Kais-AIR®, Commerce Controls Incorporated (CCI), Ventcon Incorporated, Rival Insulation, Kaiser Industrial, Universal Fire Protection (UFP), and Synergy Engineering Services. Headquartered in Troy, Michigan, UPI has expertise in engineering, estimating, project management, fabrication, and installation, and provides personal involvement in projects to ensure the utmost in quality, performance, and timely completion.
Position OverviewWe are seeking a highly skilled and experienced Full-time Controller to join our dynamic team. The ideal candidate will have a strong background in Construction Accounting, Project Cost Accounting, and the Mechanical Contractors Industry or Industrial Construction knowledge. As the Controller, you will play a crucial role in overseeing our financial operations, ensuring accurate reporting, leading the payroll team, and providing strategic financial guidance to support our company's growth and success.
Key Responsibilities- Financial Management and Reporting:
- Oversee all accounting operations, including billing, accounts payable, accounts receivable, and payroll
- Prepare and present monthly, quarterly, and annual financial statements in accordance with GAAP
- Develop and maintain a system of internal controls to ensure the accuracy and integrity of financial data
- Manage cash flow and forecasting to optimize financial performance
- Coordinate and lead the annual audit process, liaising with external auditors
- Ensure compliance with local, state, and federal financial regulations
- Construction Accounting:
- Implement and maintain construction-specific accounting processes and systems
- Oversee job costing, including tracking labor, materials, and overhead costs for each project
- Manage progress billings and ensure timely invoicing of clients
- Monitor and analyze project profitability, providing insights to management
- Coordinate with project managers to ensure accurate financial tracking of projects
- Project Cost Accounting:
- Develop and maintain project budgets in collaboration with project managers and estimators
- Implement cost control measures to ensure projects remain within budget
- Analyze variances between estimated and actual costs, providing recommendations for improvement
- Prepare and review change orders, ensuring proper documentation and approval
- Generate regular project cost reports for management review
- Industry Financial Management:
- Apply industry-specific knowledge to financial analysis and decision-making
- Stay informed about industry trends and their potential financial impacts
- Assist in pricing strategies for the piping-related projects and service contracts
- Analyze the financial performance of different product lines and services
- Provide financial insights to support strategic decisions related to the business unit.
- Budgeting and Forecasting:
- Lead the annual budgeting process, working closely with department heads and the corporate controlling team.
- Develop financial models and forecasts to support business planning
- Monitor budget-to-actual performance and provide variance analysis
- Recommend strategies to improve financial performance and efficiency
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