Controller
OWL Services
Job Description
Job Description
Who We Are
OWL Services is the premier sales, installation, program management, and service provider to retail, commercial, fleet, aviation, marine, and emergency power generation companies across the U.S.
With 33 offices and distribution centers and more than 1,400 field service professionals, OWL delivers a comprehensive service platform that includes construction, compliance and testing, maintenance and repair, modernization and re-imaging, and EV charging solutions to keep businesses and people moving 24 hours a day, 7 days a week, 365 days a year.
OWL Services’ companies have received numerous awards for exemplary customer service. Most recently, OWL was the recipient of EVgo’s Deployment Excellence Award in its first-ever class of awardees in the National EV Charging Recognition Program.
Come join us! For more information, visit OWLServices.com and follow us on LinkedIn.
The Role:OWL Services is seeking an experienced Controller with a strong background in construction accounting. This position will be based out of our Fort Worth, TX office. The Controller will oversee key accounting functions, with a strong focus on construction accounting, percentage-of-completion revenue recognition, work-in-progress (WIP) reporting, financial reporting, forecasting, cash flow management, and team leadership.
Responsibilities:Revenue Recognition- Apply the Percentage of Completion method to accurately recognize revenue.
- Calculate earned revenue based on actual costs incurred compared to total estimated project costs.
- Prepare monthly WIP reports for all active projects.
- Analyze under-billings and over-billings and identify potential cash flow risks.
- Ensure accurate tracking of project costs for WIP reporting.
- Monitor project budgets, including actual labor and material expenses.
- Identify cost overruns and variances early and communicate findings to project managers.
- Oversee the tracking of labor, materials, and overhead to ensure accurate project reporting.
- Update Estimates at Completion (EAC) for ongoing projects.
- Prepare and manage annual budgets.
- Partner with project managers to develop realistic project budgets.
- Review project performance and variance reports and provide recommendations as needed.
- Lead the month-end close process.
- Prepare accurate monthly, quarterly, and annual financial statements.
- Prepare monthly income statements, balance sheets, and project-specific financial analyses.
- Ensure financial reporting is accurate, timely, and compliant with company policies.
- Maintain strong financial controls and accounting procedures across the company.
- Ensure compliance with applicable financial regulations and company accounting policies.
- Manage local, state, and federal tax compliance, insurance requirements, and other regulatory requirements.
- Monitor cash flow requirements for current and upcoming projects.
- Prepare and maintain 13-week cash flow and liquidity forecasts.
- Partner with operations and project managers to review project performance and financial results.
- Provide financial insight and recommendations to support business decisions.
- Collaborate with leadership to improve financial processes and project profitability.
- Supervise and provide direction to Accounts Payable, Accounts Receivable, and Payroll staff.
- Support the development and growth of the accounting team.
- Establish clear expectations and promote accountability across the accounting function.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Strong experience in construction accounting, including Percentage of Completion revenue recognition and WIP reporting.
- Advanced Microsoft Excel skills.
- Experience with construction ERP and accounting software, such as Sage.
- Strong knowledge of Microsoft Office Suite.
- Experience with budgeting, forecasting, cash flow management, and financial reporting.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and leadership skills.
- 10 Paid Holidays
- Flexible Time Off
- 401(k) with Company Match
- Health, Dental, and Vision Insurance
- HSA and FSA
- Disability & Occupational Accident Insurance
- Company-Paid Life Insurance
- Employee Assistance Program (EAP)
- World-class paid training program designed to support long-term career success
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