Project Controller

Techpro Power Group Inc•Crofton, MD

5h•Hybrid

About The Position

The Project Controller is responsible for overseeing financial reporting and analysis of active projects across the organization, with a focus on work-in-progress (WIP), revenue recognition, job costing, and project-based accounting. This role ensures the accuracy of financial results by validating earned revenue, monitoring project costs, and identifying risks early to protect margin integrity. The position partners closely with Project Managers and Operations leadership to ensure accurate cost tracking, revenue recognition, forecasting, and profitability analysis in accordance with construction accounting standards. In addition, the Project Controller supports alignment between operational progress and financial performance by monitoring project status indicators and ensuring WIP, billing, and forecasts accurately reflect project reality. The role plays a critical part in driving financial transparency, revenue accuracy, and project-level performance visibility across a multi-entity environment, serving as a key financial control point to ensure operational inputs are accurately reflected in financial reporting.

Requirements

6+ years of progressive accounting experience, including project-based or WIP accounting.
Demonstrated ability to manage multiple priorities in a fast-paced, deadline-driven environment.
Proficiency with ERP or accounting systems and advanced Microsoft Excel skills (e.g., pivot tables, lookups, complex formulas).
Experience supporting project lifecycle coordination, including forecasting, schedule alignment, and financial tracking.
Strong organizational, analytical, and problem-solving skills with high attention to detail and accuracy.
Effective relationship-building and communication skills (written and verbal), with the ability to interact professionally with vendors, internal stakeholders, and leadership.
Experience handling confidential financial and company information with discretion.
Hands-on experience with WIP schedules and reconciliations.
Knowledge of percentage-of-completion and completed-contract revenue recognition methods.
Understanding of job cost structures, overhead allocation, and billing schedules (including over/under billing).
Valid driver’s license required; must be able to operate a company or personal vehicle for business purposes and meet all applicable company and client screening requirements based on job duties (e.g., motor vehicle record, background check, drug testing, or other applicable screenings).

Nice To Haves

Bachelor’s degree in Accounting, Finance, or a related field preferred.
6+ years of experience in construction, industrial services, or project-based accounting environments (in addition to overall experience).
Exposure to federal contractor environments or multi-entity corporate structures.
Prior exposure to accounting automation tools, vendor portals, NetSuite, FieldPoint/Procore (or similar), and online banking platforms.
Familiarity with audit support, internal controls, and compliance requirements.
Demonstrated experience identifying and implementing process improvements/SOPs within an accounting environment.

Responsibilities

Maintain and update WIP schedules, including cost-to-complete estimates and percentage-of-completion calculations.
Ensure accurate revenue recognition in accordance with ASC 606.
Reconcile WIP, unbilled receivables, and deferred revenue accounts to the general ledger.
Prepare and record WIP-related journal entries, accruals, and adjustments as part of the month-end close.
Perform variance analysis on project financial results to ensure completeness and accuracy.
Monitor and validate job cost activity including labor, materials, subcontractors, and indirect costs.
Review and validate project-level gross margins for reasonableness and consistency with underlying financial data.
Identify and investigate cost variances, under/overbillings, and margin fluctuations.
Escalate financial risks affecting revenue recognition, cost recognition, and financial reporting.
Review contracts, amendments, and change orders for proper accounting treatment.
Monitor change order activity and ensure accurate financial recording.
Evaluate financial impacts of scope changes from an accounting perspective.
Maintain financial integrity of projects from initiation through closeout.
Ensure project setup and cost structures are accurate across systems (including FieldPoint and NetSuite).
Reconcile project data between systems to ensure consistency and completeness.
Support periodic project status update cycles (weekly/monthly) to ensure alignment of operational inputs with financial reporting.
Support project closeout including cost reconciliation and revenue true-ups.
Monitor project status and milestones to support accurate WIP and revenue recognition.
Evaluate alignment between project progress and recorded financial results to ensure accurate percentage-of-completion and revenue recognition.
Identify discrepancies and escalate for resolution.
Facilitate financial review meetings with Project Managers to validate estimated revenue, cost-to-complete, and WIP balances.
Ensure ERP data supports financial reporting requirements.
Partner with Billing, AP, Payroll, and Operations for accurate transaction recording.
Ensure proper coding of all job-related costs.
Ensure compliance with GAAP and company policies.
Maintain strong internal controls over job costing, revenue recognition, and project financial reporting.
Support internal and external audits.
Recommend process improvements and automation opportunities.
Ensure data integrity across ERP platforms, including job costing, billing, GL postings, and project cost allocations to maintain accurate financial reporting.
This role serves as the financial control point for project accounting, ensuring operational inputs are accurately reflected in financial reporting.
Perform other related duties as assigned to support business needs.
Continuously seek opportunities for professional development, process improvement, and contribute to team-wide learning and growth.