Controller Omega Excavation & Site Development

Client: Omega Excavation & Site Development                                                                                                     

Position: Controller

Reports to: President

Location: South Burlington, VT                                                                                         

Salary: $110,000 – $130,000/year, depending on experience                                                      

Position Type: Full-time, Exempt.  Onsite.

About Omega Excavation & Site Development

Omega Excavation and Site Development is a locally owned company that is involved in projects of all sizes from City Place (also known as Burlington Square) to residential and commercial developments.  In addition to excavation and site development, we have a real estate division (that has several senior living facilities, apartment buildings, warehouses, and commercial and retail space), construction division, property management division, and shop equipment.

Omega is not only involved in a lot of innovative projects that positively impact the community, but we also like to have fun.  This has allowed us to attract and retain a great team.  We are proud to share that we have 13 team members who have been with us for more than seven years with several for more than 20 years. 

At Omega, we are excited about the future and the projects we will be undertaking.  Since the Controller is an important part of our team, we look forward to finding someone who fits our culture, shares our work ethic, and who can fill the shoes of our current Controller, who will be retiring. 

The Role

The Controller is an important contributor to the leadership team.  This key role provides hands-on involvement with monthly and yearly closings, prepares and reviews financial statements, and communicates key trends to the Owners. The Controller works closely with the Owners and partners with leaders across the organization to maximize the success of the real estate portfolio and business.  While this is primarily a hands-on role (70 – 80%), the position is also strategic (20 – 30%).  The Controller will work with the Owners on the long-term financial strategy of the company.  In addition, this position manages the accounting team.   

Key Responsibilities

Daily, Monthly & Annual Responsibilities:

• Prepare, monitor, and analyze monthly and annual financial reports for the Owners.  Communicate key trends and findings about the financials.
• Review bank, credit card, and cash reconciliations.
• Ensure all transactions for the period are accounted for in the GL.
• Look closely at significant variances and provide recommendations on areas that should be addressed.
• Ensure accurate and timely filing of federal, state, and local income tax returns and other business-related filings.
• Develop condo association budgets, provide monthly and quarterly analysis of the budget to actual, and make recommendations based on company performance.
• Manage the distribution of K-1s to shareholders.
• Assist the outside accountants with everything needed to prepare annual financial statements and tax returns.
• Create and maintain financial controls and procedures for the accounting department.
• Extract, transform, and reconcile data outside of the accounting system to overcome system limitation and to support accurate reporting.
• Oversee and understand intercompany transactions, including billing, allocations, elimination, and reconciliations between related entities.
• Transition between accounting platforms and supplement system limitation with external tools such as Excel.
• Operate in a dynamic environment with evolving structure, processes, and policies while establishing, documenting, and improving accounting system policies and procedures.
• Additional job responsibilities may be periodically assigned by the Owners.

Financial Leadership:

• Provide financial analysis and projections to the Owners to guide strategic decisions.
• Advise the Owners on financial trends impacting the business.
• Present financial information at meetings and provide financial guidance.
• Work closely with the Owners to find the best solutions for the company.
• Stay up to date on trends and developments in the accounting profession and implement best practices.  

Cost Accounting:

• Develop and analyze cost allocation for jobs.
• Investigate significant variances between actual and standard costs and recommend the next steps to take.
• Provide recommendations to reduce costs and maximize profits. 

Team Development:

• Lead weekly accounting team meetings to support the team in prioritizing tasks.
• Conduct performance evaluations that are timely and constructive.
• Provide mentorship to the accounting team to help them reach their professional goals.

Technology Utilization:

• Optimize the utilization of the accounting software.
• Leverage technology to make accounting processes more efficient. 

Skills & Qualifications:

• Prior experience as a controller or assistant controller
• Real estate and construction experience preferred.
• Experience with Sage software is a plus. 
• Strong Excel skills that include advanced functions and the ability to create and maintain macros.
• Cost accounting experience preferred.
• Good communication skills, organization skills and can meet deadlines.
• Excellent time management skills with a proven ability to meet deadlines.
• Ability to function well in a fast-paced environment.

Disclaimer: What is listed above is representative of the position's responsibilities but is not meant to be an exhaustive list. Responsibilities may change during employment at the company's discretion. Gallagher, Flynn & Company, LLP and our client do not discriminate in employment based on race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, parental status, military service, or other non-merit factors. 

Gallagher, Flynn, & Company, LLP has been retained to conduct this search. Interested candidates may apply by sending a resume and cover letter. While we appreciate all interest in this exciting opportunity, only candidates most closely aligned with our search will be contacted.