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Assistant Controller (Beltsville)

London Approach

About the Role An established electrical contracting organization is seeking an Assistant Controller to support its branch accounting and financial operations. Reporting directly to the Branch Controller, this individual will oversee billing, accounts receivable, collections, payroll coordination, and project accounting while ensuring accurate financial reporting and compliance with company procedures. This is an excellent opportunity for an experienced construction accounting professional or Senior Accountant ready to take the next step in their career and grow into a leadership role. Key Responsibilities Oversee monthly AIA billing, coordinate billing schedules with Project Managers, and ensure invoices are accurate and processed timely Monitor accounts receivable, collections, and retention balances; partner with the billing team to resolve outstanding invoices and improve collection efforts Prepare and review weekly accounts receivable and retention reports Coordinate project setup, budgets, contracts, purchase orders, and change orders Review project cost reports, resolve discrepancies, monitor pending change orders, and follow up with Project Managers Prepare time-and-material billing rates and quarterly project cost summaries Compare monthly financial results against budgets and support forecasting, quarterly financial reviews, annual budgeting, and year-end audit activities Coordinate weekly payroll processing with the payroll specialist and prepare and review certified payroll reports and prevailing wage documentation Address payroll questions related to union agreements and local wage requirements Partner with corporate teams to resolve payroll and benefits-related issues Review and approve subcontractor payments, manual check requests, and expenses Collaborate with corporate Accounts Payable to resolve discrepancies and ensure compliance with company accounting policies and procedures Qualifications 5–7+ years of progressive accounting experience Construction accounting experience required Experience with AIA billing, job costing, project budgets, and financial reporting Knowledge of time-and-material billing, accounts receivable, collections, and retention Experience with payroll and certified payroll reporting preferred Experience with Spectrum ERP or similar accounting software is a plus Strong analytical, organizational, and communication skills Ability to manage competing priorities in a fast-paced environment Bachelor's degree in Accounting, Finance, or a related field preferred Why Apply? Opportunity for career growth into accounting leadership Collaborative, team-oriented work environment Direct partnership with branch leadership Opportunity to support financial operations for a high-revenue construction branch Performance-based bonus eligibility after one year Medical, dental, and vision insurance 401(k) with company match Two weeks of PTO, five sick days, and seven paid holidays Tuition and student loan assistance after one year of employment London Approach

Vacancy posted 4 days ago
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