Regional Controller

Adolfson & Peterson Construction•Minneapolis, MN

3d•$137,000 - $231,000

About The Position

Adolfson and Peterson Construction is hiring a Regional Controller for its Midwest Region, based in Bloomington and moving soon to Edina. The Regional Controller is the region’s finance leader, responsible for accounting, financial reporting, forecasting, cash flow management, and project financial performance. The role partners closely with Operations to support profitable project execution, optimize working capital, and provide timely financial insights for business decisions. The position leads the regional accounting team, ensures compliance with company policies and internal controls, collaborates with Corporate and shared services teams, supports risk management and surety relationships, and champions AP’s Incident and Injury Free (IIF) culture. It also works with project and operational leaders on financial performance, project risk, contract compliance, tax matters, subcontractor risk, and continuous improvement.

Requirements

Bachelor’s degree in accounting, finance, business administration, or a related field.
At least 8 years of progressive accounting or finance experience.
Demonstrated ownership of WIP, job cost, cost-to-complete forecasting, and working-capital disciplines.
Demonstrated financial acumen, including experience creating financial analyses for business decision support.
Advanced proficiency in Microsoft Excel and proficiency in Microsoft Office.
Working knowledge of general contractor contract terms and compliance requirements, including pay applications, change orders, billings and retainage, lien waivers, joint checks, and subcontractor documentation.
Ability to influence outcomes through collaboration with Operations, Legal, and Business Services.
Demonstrated integrity and ethical standards.
Experience participating in a complex business and driving growth, change, operations, and execution of plans.
Ability to identify talent, develop teams, and build trust and engagement.
Ability to identify opportunities quickly and balance strategic and tactical priorities.
Experience driving accountability for financial and operational effectiveness, aligning team efforts, monitoring results, and addressing problems directly.
Ability to build relationships, foster collaboration and alignment, relate to key colleagues, and connect with team members at all levels.
Ability to analyze complex issues and provide insightful, constructive feedback.

Nice To Haves

Construction or general contracting experience.
CPA.
Experience with project-based construction ERP/accounting systems and reporting tools.

Responsibilities

Promote safe work practices and champion AP’s Incident and Injury Free (IIF) culture, including communicating its principles and maintaining processes that support continuous improvement.
Lead regional accounting and financial operations in accordance with company expectations, policies, processes, and internal controls.
Drive accurate and timely month-end close, balance-sheet governance, reconciliations, and management reporting in partnership with the Corporate Controller; provide audit support as needed.
Coordinate regional accounting activities with shared services, establish requirements, ensure timely field input and approvals, resolve handoff expectations, and improve cycle times.
Own the regional WIP process and job-cost integrity, including contract setup, cost coding, earned revenue and billing analysis, under/over billings, retainage, and change management.
Lead monthly project and WIP reviews with Operations to validate cost-to-complete, margins, and forecast accuracy.
Ensure project budgets, cost structures, and contract setups support complete cost capture, accurate reporting, and financial accountability.
Develop the annual regional budget and rolling forecasts, and provide variance analysis and financial insights.
Build financial models and scenario analyses to support pursuits, staffing, equipment, and overhead management.
Drive billing and collections performance, manage aged receivables, and support dispute resolution.
Ensure accounts payable execution and payment practices follow contract terms and company controls, including lien waivers, joint checks, retainage, and compliance documentation.
Maintain short- and mid-range cash forecasts by project and for the region.
Oversee significant vendor payment processes and contractual compliance to support supplier relationships and mitigate financial risk.
Partner with project teams and coach Project Managers and field leaders on WIP, cost-to-complete forecasting, margin performance, cash flow, and working capital.
Support review and negotiation of owner contract terms and subcontract agreements to align with company standards and risk-management objectives.
Identify project risks and opportunities, strengthen financial accountability, support timely project closeout, and elevate significant risks with actionable mitigation recommendations.
Support negotiation and administration of master subcontract agreements and related contract frameworks.
Serve as regional liaison to sureties and risk management; support surety reports and presentations, bond compliance, builder’s risk allocations and reconciliation, Subguard administration where applicable, and claims and lien/bond matters with internal partners, external counsel, and consultants; provide TCIP reporting overnight.
Partner with Corporate tax resources on regional tax matters and compliance, including sales and use tax, fuel tax, property tax, state and local filings, and corporate income tax reporting.
Monitor and resolve changes in local and regional tax laws; ensure required tax deposits, reports, filings, remittances, and supporting documentation are completed accurately and on time.
Maintain business or contracting licensing forms and returns with state and city governments or agencies.
Support 179D job reporting.
Lead or oversee subcontractor prequalification and monitor subcontractor financial risk, payment performance, joint check agreements, tax levies, and bankruptcy notices; partner with Operations and Legal to mitigate risks and resolve disputes.
Hire, develop, and retain a high-performing regional accounting and finance team, and establish clear performance expectations.
Drive standard work, process improvements, and stronger system utilization across the region and shared services to improve accuracy, efficiency, and predictability.
Perform other duties as assigned.