Cost Control Manager - Torrington

O&G Industries•Torrington, CT

About The Position

If you are ready to start building your career with a company dedicated to employing the most talented workforce in the industry, we are ready to speak with you! O&G Industries, Inc., an innovative and diversified construction company based out of Torrington, CT seeks a Cost Control Manager to join our team. We are a highly respected leader in our field and ranked as one of the top construction firms in the Northeast. The Cost Control Manager plays a pivotal role in optimizing financial performance across our construction, building materials, and equipment divisions. This position ensures rigorous cost control, accurate financial forecasting, and standardized billing practices that empower our operations teams to make data-driven decisions. The Cost Control Manager reports directly to the Chief Financial Officer.

Requirements

Bachelors degree in Accounting, Finance, or related field
Proven experience in cost accounting and construction finance
Deep knowledge of US GAAP principles
Strong verbal and written communication skills
Advanced proficiency in Microsoft Suite and relational databases
Experience using financial reporting tools
Demonstrated analytical thinking and problem-solving ability

Responsibilities

Financial Planning & Analysis Collaborate with operations teams to prepare unit cost budgets and forecasts
Analyze performance variances and meet regularly with teams to ensure accuracy of actual cost data and projections
Update and maintain equipment and material cost rates used for internal allocations
Monitor unit costs and investigate significant variances
Reporting & Forecasting Prepare periodic cost reports and ad hoc financial analyses
Support monthly percent-complete calculations, journal entries, and documentation
Provide financial updates to the Finance team on operational forecasts, ensuring alignment with budgets and projections
Billing & Construction Support Oversee and standardize construction billing functions
Assist the billing department to ensure accurate and timely invoicing
Operational Oversight Ensure systems and procedures are in place at operational sites for accurate data collection
Monitor project execution and compare actuals to budget for strategic insights
Partner with operations teams to support financial decision-making across all active projects
Manage Construction Billing Department Manage, review and provide oversight for construction billing department
Strong leadership and communication skills, with ability to lead, build trust, and communicate ideas clearly across the company