Regional Controller

We build trust among our communities and our people by cultivating the right team for every job. We are committed to fostering a creative and collaborative culture with a focus on career growth and balance in the workplace.

AP has diligently built a strong foundation of expertise, experience and exceptional results. We continually invest in our talented team by providing the latest tools, technologies and training necessary to stay ahead of the curve. We set our employees up for long-term success through mentorship opportunities and professional growth and advancement for every person in every role.

We recognize the contributions of our team members with unique experiences and capabilities and strive to establish a work environment that maximizes our collective potential. Going beyond the build for our employees lays a strong foundation for success across AP. We commit to a balanced, value-centered work environment for meaningful projects, careers and talent.

Job Description:

Adolfson and Peterson Construction is current hiring for Regional Controller for our Midwest Region based out of Bloomington. This regional leadership role responsible for the accounting and finance functions within the region including budgeting, forecasting, subcontractor payments and relations, and surety relationships. Holds matrix reporting relationship to the Chief Financial Officer, ensuring the integrity of underlying regional financial information.

Responsibilities:

• Take personal responsibility for working safely within an Incident and Injury Free (IIF) culture.
• Lead financial operations for the region and ensure compliance with company expectations, processes, and controls.
  • Hire, develop, and retain a best in class accounting department.
  • Develop an annual budget and prepare performance reports and variance communications.
  • Oversee the processing of receivables and payables. Follow up on past due receivables and assist in settling disputes.
  • Provide financial audits, project forecasting, and analyses.
  • Prepare and/or review month-end journal entries and bank reconciliations.
  • Coordinate investment (escrowed) retainage accounts with AP accounting expectations.
  • Collaborate with project teams to maximize the profit potential on all work performed by AP. Assist in reviewing and negotiating owner contract terms and conditions.
  • Critically evaluate the risk associated with the pursuit of new work and provide feedback to leadership on how to mitigate the risks.

• Manage project billings, forecasts, job cost tracking, and cash flow management analyses.
  • Build, update, and communicate budgets and financial forecasts with the appropriate level of detail.
  • Oversee review of job cost summaries and profit projections to ensure financial integrity; evaluate and compare earned revenue and billings; validate final contract values.
  • Monitor project budget set-ups for compliance and completely capture costs.
  • Prepare project financials; assist project managers and superintendents to create an understanding of financials.
• Act as regional liaison to the company's sureties and risk management resources and processes.
  • Maintain the region's relationship with sureties and ensure compliance with conditions of performance bonds.
  • Ensure that builder's risk insurance costs are reviewed, managed, and reconciled to projects as appropriate.
  • Review subguard policy applications for accuracy in values and timing.
  • Manage the claims administration process for internal and external losses with company external counsel and consultants. Resolve claims against bond or mechanics liens against projects.
• Manage the operational regional tax exposures and compliance with state regulatory agencies.
  • Understand, monitor, and resolve changes in local and regional tax laws including sales and use tax, gas tax, property tax, and corporate income taxes.
  • Ensure that local and regional tax deposits and related reports for state and local entities are made as required by law.
  • Maintain business or contracting licensing forms and returns with state and city governments or agencies.
• Review and manage subcontractor and vendor payments and performance.
  • Negotiate master subcontract agreements. Review and analyze the terms and language of owner and subcontractor contracts for consistency with company expectations; partner with the regional leadership team to recommend and/or manage variances to standard language as business warrants.
  • Establish and conduct the subcontractor prequalification process. Communicate to the regional project management team any issues with subcontractor risk.
  • Oversee subcontractor payments and pay discounts. Assist in the resolution of disputes.
  • Monitor subcontractor joint check agreements, tax levies, and bankruptcy notices.
• Other duties as assigned.

Qualifications

• History of progressively more responsible leadership experience and proven results including:
  • Bachelor's degree in accounting, business administration/finance, or related field and 8+ years of progressive accounting experience. Construction accounting and CPA certification preferred. Experience and familiarity with the A/E/C industry preferred.
  • Demonstrated financial acumen, including experience creating financial analyses for business decision support.
  • Proficiency in Microsoft Office including Word and Excel. Familiarity with construction accounting software preferred.
  • General understanding of legal contract documentation and compliance.
• Demonstrated integrity and ethical standards.
• Experience in a complex business as an active participant in driving growth and change; demonstrated effectiveness in driving operations and executing plans.
• Ability to identify talent, create and develop teams, and build trust and engagement.
• Capability to identify and capitalize on opportunities quickly; ability to maintain effective balance between strategic and tactical priorities.
• Experience in driving accountability for financial and operational effectiveness, integrating and aligning efforts within teams, monitoring results, and tackling problems directly.
• Experience cultivating an active network of relationships, driving collaboration and alignment, relating well to key colleagues, and connecting with employees at all levels.
• Ability to drive to the core of complex issues and provide insightful and constructive feedback.

Estimated Pay:

Benefits:

• Medical, Dental, Vision and Life Insurance

• Health Savings Account

• 401(k)

• Flexible Spending Accounts (Dependent & Medical Reimbursement)

• Paid Time Off (PTO) and Holidays

• Tuition Assistance Program

• Employee Referral Bonus

Adolfson & Peterson Construction's (AP) ability to adapt and innovate has driven our success for more than 75 years. We are consistently ranked among the top construction managers and general contractors in the nation while maintaining one of the safest records in the industry. We bring positive and measurable change to the communities where we live, work and build. And we invest in new processes and technology to be operationally excellent and remain at the forefront of the ever-changing industry.

We have been committed to quality, innovation, safety and strong relationships since our beginning in 1946. AP offers preconstruction, construction and contracting services to commercial, education, healthcare, hospitality, industrial, multifamily, municipal, data center, and senior living markets with offices across Arizona, Colorado, Minnesota, Texas, and Wyoming. We employ more than 650 team members who strive for excellence and embody loyalty, trust and genuine love for what they do.

We go beyond the build for our communities and our people.

Adolfson & Peterson Construction is an Equal Employment Opportunity Employer