Controller
Obsidian Point
Job Description
Job Description
Controller
Confidential Business, Inc. | Osceola, Indiana | Full-Time, On-Site
Position Overview
We are seeking a hands-on Controller to lead the accounting and financial reporting function for an established construction-related business in the Osceola/South Bend, Indiana area.
This is a practical, on-site leadership role in a lean organization. The Controller will oversee the existing accounting team, own the monthly and year-end close process, improve job-level financial visibility, and work closely with ownership and operations on WIP, job costing, billing, collections, cash flow, and financial reporting.
The ideal candidate combines strong technical accounting skills with the ability to understand active construction projects and work directly with operations, field leadership, lenders, and outside advisers.
Key Responsibilities
Accounting & Team Leadership
- Manage and develop the office accounting team.
- Serve as the primary resource for day-to-day accounting questions and financial procedures.
- Establish clear responsibilities, deadlines, review standards, and accounting controls.
- Coordinate with outside accountants as recurring accounting responsibilities transition in-house.
Month-End, Year-End & General Ledger
- Lead monthly and year-end close processes.
- Prepare and review recurring journal entries and general ledger activity.
- Review account reconciliations, including cash, debt, equipment financing, credit cards, AR, AP, payroll liabilities, union liabilities, accruals, prepaids, and intercompany balances.
- Support financial statement preparation, tax reporting, and external accounting requirements.
WIP, Job Costing & Project Review
- Prepare and maintain monthly WIP schedules and related accounting entries.
- Lead cost-to-complete reviews with operations and project leadership.
- Monitor project costs, billings, collections, retainage, change orders, remaining costs, and expected margins.
- Identify project margin gain/fade, underbillings, overbillings, cost overruns, delayed billing, and collection risks.
- Improve job-cost accuracy across labor, union burden, materials, subcontractors, trucking, equipment, and other direct costs.
Billing, Collections & Change Orders
- Oversee AIA billing, accounts receivable, retainage, collections, and change-order tracking.
- Maintain a clear billing calendar for active projects and customer deadlines.
- Review approved, pending, rejected, and unbilled change orders.
- Help resolve billing documentation issues and material customer disputes.
- Ensure completed work is documented, billed, and followed through to collection.
Payroll, Union & Compliance
- Review payroll processing and payroll filings for accuracy and completeness.
- Review union filings, benefit remittances, and related reconciliations.
- Assist with insurance and union audits.
- Support related HR and administrative compliance matters alongside ownership and outside advisers.
Cash Flow, Lender Reporting & Forecasting
- Assist with monthly borrowing-base and lender reporting.
- Support preparation of the company’s 13-week cash-flow forecast.
- Lead or support annual budgeting and recurring financial reporting.
- Provide ownership and operating leadership with clear explanations of financial performance, project results, and material risks.
Required Qualifications
- 10+ years of progressive accounting experience.
- Prior experience as a Controller, Assistant Controller, Accounting Manager, or similar senior accounting professional.
- Strong knowledge of general ledger accounting, journal entries, reconciliations, month-end close, payroll review, and year-end reporting.
- Experience managing and developing accounting or bookkeeping staff.
- Strong Excel skills and practical QuickBooks experience; QuickBooks Desktop Enterprise is a plus.
- Hands-on, organized, and comfortable working in a lean, entrepreneurial environment.
- Ability to work effectively with ownership, operations, field leadership, external accountants, lenders, and advisers.
- Must live within, or be willing to relocate to within, approximately 45 minutes of Osceola, Indiana.
- Must be available to work on-site full-time.
Preferred Qualifications
- Construction, excavation, heavy civil, underground utility, site development, trucking, or related industry experience.
- Experience with WIP, percentage-of-completion accounting, job costing, cost-to-complete forecasting, AIA billing, retainage, and change orders.
- Experience with union payroll, union filings, insurance audits, or union audits.
- Experience with borrowing-base reporting, lender compliance, or private-equity-backed businesses.
- CPA or CMA designation is a plus, but not required.
What Success Looks Like
- A dependable monthly close and financial reporting process.
- Stronger internal accounting capabilities and staff development.
- Consistent monthly WIP and cost-to-complete reviews with clear project margin visibility.
- More disciplined billing, collections, retainage, and change-order processes.
- Accurate and timely payroll, union, reconciliations, and lender reporting.
- A finance function that provides practical, forward-looking support to both ownership and operations.
Confidential Business, Inc. is an Equal Opportunity Employer.
\nCompany DescriptionObsidian Point Partners is a long-term investment and operating entity focused on building strong, enduring businesses.
We own and support three established Midwest businesses: a commercial vehicle maintenance company in Chicago, an excavation and underground utility contractor in Missouri, and a heavy civil and site development contractor in Northern Indiana.
We are hiring a Controller to join our Northern Indiana business and help support its continued growth, strengthen the finance function, and work closely with local leadership and ownership.
Company Description
Obsidian Point Partners is a long-term investment and operating entity focused on building strong, enduring businesses. \r\n\r\nWe own and support three established Midwest businesses: a commercial vehicle maintenance company in Chicago, an excavation and underground utility contractor in Missouri, and a heavy civil and site development contractor in Northern Indiana.\r\n\r\nWe are hiring a Controller to join our Northern Indiana business and help support its continued growth, strengthen the finance function, and work closely with local leadership and ownership.
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