Controller

OWL Services • Fort Worth, TX

37d • Onsite

About The Position

OWL Services is seeking a Controller with specific experience in the construction industry for its office in Fort Worth, TX. This role is crucial for managing financial operations, ensuring accurate revenue recognition, tracking project costs, and maintaining strong internal controls. The Controller will collaborate with project managers and operations teams to review project performance and ensure compliance with financial regulations and company accounting policies. Key responsibilities include overseeing the month-end close cycle, preparing financial statements, managing budgeting and forecasting, handling tax compliance, and monitoring cash flow. The position also involves leading the accounts payable, accounts receivable, and payroll teams.

Requirements

• Specific experience working within the Construction industry.
• Deep knowledge of construction accounting principles (such as percentage-of-completion revenue recognition).
• Advanced Microsoft Excel skills.
• Familiarity with construction ERP and accounting software (e.g., SAGE).
• Familiarity with Microsoft Suite.
• Bachelor’s degree in Accounting, Finance, or a related field.

Responsibilities

• Apply the Percentage of Completion method to recognize revenue accurately.
• Calculate earned revenue based on actual costs incurred versus total estimated costs.
• Prepare monthly Work in Progress reports for all active projects.
• Analyze under-billings and over-billings to manage cash flow risks.
• Monitor project budgets, actual labor, and material expenses.
• Identify cost overruns early and report variances to project managers.
• Oversee tracking of labor, materials, and overhead for accurate work-in-progress (WIP) reports.
• Track project costs, labor, and materials against estimated budgets.
• Update estimates at completion (EAC) for ongoing projects.
• Prepare annual budgeting.
• Partner with project managers to build realistic project budgets and review variance reports.
• Maintain strong financial controls and compliance rules across the company.
• Partner with operations and project managers to review project performance.
• Ensure compliance with financial regulations and company accounting policies.
• Run the Month-end close cycle.
• Prepare accurate monthly, quarterly, and annual financial statements.
• Prepare monthly income statements, balance sheets, and project-specific financial analysis.
• Manage local, state, and federal tax compliance, insurance, and regulatory requirements.
• Monitor cash flow requirements for current and upcoming jobs.
• Produce 13-week cash flow & Liquidity Report.
• Supervise accounts payable, accounts receivable, and payroll staff.

Benefits

• 10 paid holidays
• Flexible time off
• 401(k) company match
• Health, dental, vision insurance
• HSA and FSA
• Disability & Occupational Accident Insurance
• Company-paid Life Insurance Policy
• Employee Assistant Program (EAP)
• World class paid training program for you to learn the skills for long term success

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level