Project Controller
Summit Line Construction
Project Controller
Summit Line Construction is currently seeking a Project Controller to join our team in Caldwell, ID. The Project Controller plays a critical role in overseeing the financial aspects of construction projects, ensuring alignment with budgetary goals and project schedules. This role involves budgeting, cost tracking, financial reporting, contract management, and risk mitigation to maintain financial control and project efficiency for a large construction project. The Project Controller collaborates closely with Project Managers, Site Supervisors, and Finance teams to provide accurate reporting, proactive financial analysis, and strategic decision support.
Key Responsibilities:
- Develop and manage project budgets, including detailed cost breakdowns for labor, materials, equipment, and subcontractors.
- Assist in setting up Work Breakdown Structure (WBS) in coordination with Project Managers and corporate Major Projects structure.
- Lead forecasting efforts in collaboration with Project Managers and Construction Managers.
- Monitor and adjust project cost-to-complete estimates to reflect actual expenditures and forecast future costs.
- Identify budget variances and implement corrective actions to maintain financial integrity.
- Monitor actual project costs against budget and provide variance analysis.
- Track and report cost drivers affecting financial performance.
- Ensure financial data is accurately recorded in Ecosys and other financial management systems.
- Verify weekly costs and financial postings, ensuring correct coding and categorization.
- Identify cost-saving opportunities to improve overall project profitability.
- Generate detailed financial reports, such as income statements, cash flow analysis, variance reports, balance sheets (as applicable)
- Track project progress against the schedule and provide weekly and monthly reports on cost and schedule performance.
- Provide trend analysis on actual vs. budgeted costs and performance indicators.
- Support the monthly risk registry update, identifying financial and operational risks.
- Review and manage contracts with vendors and subcontractors, ensuring compliance with financial and legal terms.
- Track and process change orders, assessing their financial impact and coordinating approvals.
- Work with legal and project teams to negotiate contract terms when needed.
- Monitor project cash flow to ensure timely invoicing and collections.
- Maintain compliance with contractual obligations, ensuring adherence to budget and project timelines.
- Identify potential financial risks and develop mitigation strategies.
- Ensure adherence to company financial policies, internal controls, and accounting standards.
- Assist in internal and external project audits, ensuring compliance with construction accounting principles.
- Monitor Accounts Receivable Aging Reports, Days Sales Outstanding (DSO), and retainage receivables to improve cash flow management.
- Work closely with the Project Manager, Site Supervisors, Finance, and Procurement teams to ensure accurate data collection and reporting.
- Participate in monthly job review meetings with key stakeholders, providing insights on financial health, forecasting accuracy, and risk exposure.
- Support RFQ (Request for Quote) and RFI (Request for Information) processes by providing financial input on project feasibility.
- Participate in team strategy meetings to discuss cost control measures and project efficiencies.
Qualifications & Experience:
- Bachelor's degree in Accounting, Finance, Construction Management, or a related field.
- MBA, MFPA, or advanced financial certifications preferred.
- 3-5 years of experience in project accounting, construction finance, or project cost control.
- Strong knowledge of construction accounting principles, budgeting, and forecasting.
- Experience with high-voltage transmission & distribution construction projects is a plus.
- Proficiency in JDE, SAP, or other financial management systems.
- Strong analytical and problem-solving skills with expertise in variance analysis.
- Advanced Microsoft Excel skills (pivot tables, VLOOKUP, financial modeling).
- Proficiency in project management software and financial reporting tools.
- Understanding of construction contracts, legal compliance, and financial risk management.
Benefits:
We offer an extremely competitive and comprehensive benefits package including:
- PTO that starts accruing DAY 1
- 401K Immediate Vesting; employer match starting same day
- Several medical plans to choose from
- Dental Plan and Vision Plan
- Life insurance, short term & long-term disability
- Paid Holidays
- Pet Insurance
- Employee discounts, EAP and Wellness Program
- Identity Theft Protection and so much more!
Equal Opportunity Employer
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, national origin or ancestry, sex (including gender, pregnancy, sexual orientation, and/or gender identity), age, disability, genetic information, veteran status, and/or any other basis protected by applicable federal, state or local law. We are an Equal Opportunity Employer, including disability and protected veteran status. We prohibit all types of discrimination and are committed to providing access and equal opportunity for individuals with disabilities. For additional information or if reasonable accommodation is needed to participate in the job application, interview, or hiring processes or to perform the essential functions of a position, please contact us the Company's Human Resources department.
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