Business Unit Controller

Tutor Perini•Ozone Park, NY

4d•$250,000 - $300,000•Onsite

About The Position

Five Star Electric, a Tutor Perini Company, is seeking a Business Unit Controller for our office in Ozone Park, NY. About Five Star Electric We make it happen- Electrifying the Greater New York Area Since 1959 From our founding in 1959, we’ve become one of the largest electrical contracting, construction, and engineering firms by bringing integrity, reliability, experience, efficiency, and safety to each job we perform. Five Star Electric works on the largest, high-profile projects in the New York Metropolitan area. As one of the largest specialty contracting firms in the United States, Five Star Electric with its diverse portfolio of work experience, has never failed to complete a project since inception. Five Star is regularly ranked in ENR magazines Top 600 Specialty Contractors in the United States. Five Star Electric’s name reflects its promise – to continually achieve the highest “five-star” ranking on every project. Across New York State our notable projects include, the World Trade Center Transportation Hub, the Hudson Yards Platform, Madison Square Garden Transformation, Citi Field, 86th Street Station and multiple United Nations projects. Extraordinary Projects need Exceptional Talent Description: The Business Unit Controller, or CFO, at Five Star Electric, will report to the Parent Company VP of Finance Operations. In this role you will be responsible for all accounting and controls associated with a growing business that expects to generate between ~$250M and $400M in annual revenues. The individual will be a key member of the Senior Management team with overall responsibility for business unit finance and accounting operations for the business unit. The individual will have direct supervision of project controllers, project coordinators and job-related accounting personnel. Provide leadership across the business unit for all aspects of accounting and controlling operations, lead and develop a high performing team within the finance organization. Manage the monthly closing process for construction activities to assure the timely preparation of accurate financial information, in accordance with GAAP. Produce discussion and analysis commentary on changes in numbers and financial position. Oversee Business Unit cash and banking activities, including collections, disbursements, cash forecasting and reporting to the parent company. Establish and manage monthly monitoring of critical internal control activities. Ensure the internal control environment is strong and is compliant with public company requirements & practices (SOX compliant). Proactively manage financial risks and remediations to avoid significant audit issues. Primary leadership role in working with outside audit firms on annual & quarterly audits as it relates to construction operations. Drive productivity throughout the finance function, with a focus on automating accounting activities, and leading productivity improvements throughout the finance organization. Maintain proficiency with regard to technical accounting considerations, including revenue recognition, accounting for unapproved change orders and claims, and other relevant GAAP standards. Provide critical financial and operational information to executive management and make actionable recommendations to improve financial results. Participate in special projects and ad hoc requests.

Requirements

BA degree in Finance or Accounting is required, CPA preferred.
15+ years of progressive management experience in accounting and finance in the construction industry.
Strong Excel skills and experience with JD Edwards, Hyperion and ESSBase for construction accounting desired.
Must have a demonstrated hands-on approach and success in working in a team-based environment; is both strategic and tactical enough to push new initiatives forward.
Excellent oral and written communication skills with the ability to effectively interact with all levels within the organization.
Must be able to work under minimal supervision, be proactive and take initiative.
Able to work in a complex fast-paced environment with many moving parts with frequently changing priorities, must be able to multi-task and manage competing priorities.
Critical thinking and the capability to generate consistently accurate and useful reports, as well as enthusiasm for translating data into actionable insight.
Strong attention to detail as well as an ability to achieve results through delegation.
Can produce quality work in a fast-paced environment.
Able to identify gaps in work not of their own.
Results oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results

Responsibilities

Responsible for all accounting and controls associated with a growing business that expects to generate between ~$250M and $400M in annual revenues.
Key member of the Senior Management team with overall responsibility for business unit finance and accounting operations for the business unit.
Direct supervision of project controllers, project coordinators and job-related accounting personnel.
Provide leadership across the business unit for all aspects of accounting and controlling operations, lead and develop a high performing team within the finance organization.
Manage the monthly closing process for construction activities to assure the timely preparation of accurate financial information, in accordance with GAAP.
Produce discussion and analysis commentary on changes in numbers and financial position.
Oversee Business Unit cash and banking activities, including collections, disbursements, cash forecasting and reporting to the parent company.
Establish and manage monthly monitoring of critical internal control activities.
Ensure the internal control environment is strong and is compliant with public company requirements & practices (SOX compliant).
Proactively manage financial risks and remediations to avoid significant audit issues.
Primary leadership role in working with outside audit firms on annual & quarterly audits as it relates to construction operations.
Drive productivity throughout the finance function, with a focus on automating accounting activities, and leading productivity improvements throughout the finance organization.
Maintain proficiency with regard to technical accounting considerations, including revenue recognition, accounting for unapproved change orders and claims, and other relevant GAAP standards.
Provide critical financial and operational information to executive management and make actionable recommendations to improve financial results.
Participate in special projects and ad hoc requests.