Assistant Controller

Company Description:

Woodruff Construction is an employee-owned general contractor founded in 1956 which offers award-winning design-build, construction management and project development services to clients across Iowa, with offices in Ames, Fort Dodge, Iowa City, Waterloo and Spencer. Our team not only strives to achieve our clients' goals and visions, but to also provide them with an enjoyable building experience.
We provide a dynamic environment where each individual is challenged to be his or her best, and we are continually searching for qualified professionals to join our team. Woodruff is committed to employing a diverse workforce and encourages those with a wide range of backgrounds to inquire about our job opportunities. Build your future with us.

Job Description:

Why you should join our team:
Do you want to be an employee-owner? Woodruff Construction is a 100% employee-owned and family-focused commercial construction general contractor with over 65 years of experience. Woodruff provides a dynamic environment where each individual is challenged to be his or her best, and we are continually searching for goal-driven candidates to join our team. We are committed to employing a diverse workforce and encourage those with a wide range of backgrounds to inquire about our job opportunities.

We serve the regions of Ames, Fort Dodge, Iowa City, Waterloo and Spencer, and are driven by our strong Core Values:

• FAMILY comes first
• SERVICE to others
• PURPOSE in everything we do
• DEPENDABILITY to do what's right
• ENJOYMENT of our work

Current Opening:

Woodruff Construction is looking for an Assistant Controller to join the team. The Assistant Controller handles financial reporting for the organization, manages cash flow and provides accurate forecasting to assist in determining future capacity of work. They also reconcile, process and post owner billings and payments. Also, manage A/R balances to ensure outstanding balances are being followed up on.

Essential Duties and Responsibilities - Accountabilities

Capacity/Forecasting

• Prepare multiyear rolling budgets
• Stay up to date on project and overall company forecasting
• Responsible for job cost data including entering budgets, man-hours and reviewing budget updates
• Ensure that project information is reviewed and documented on a consistent basis
• Communicate backlog and costs to complete to Chief Financial Officer

Cash Flow and Banking

• Prepares deposits and reconciles bank statements
• Contribute to swift and smooth project closeouts by updating and working with project managers

Accounts Receivable

• Enter owner billings
• Reconcile and properly applying payments from owners
• Notify A/P and PM’s and updating cash flow worksheet when payments are received
• Review A/R listing and following up on old payments
• Notify Regional Presidents weekly of A/R over 60 days and updating scorecard
• Works with project managers to ensure timely receipt of payments

Financial Statements and Company Taxes/Audit

• Prepares timely internal month end financial statements
• Responsible for preparing all information for year-end audits

Benefits:

Benefits:

At Woodruff, We attribute our success to the investment and retention of our quality employees. Our firm values its employees and offers a comprehensive benefits package including:

• Competitive salary 
• Generous health insurance benefits
• Paid holidays
• Paid time off
• Bereavement leave
• Dental insurance
• Basic life insurance
• Flexible spending account
• 401K retirement plan
• ESOP
• Tuition reimbursement and continuing education
• Direct payroll deposit
• Employee assistance program

Required Experience:

Qualifications and Requirements:

• High School diploma required or equiv.
• Bachelor’s degree in Accounting required.
• 3-5 years of accounting experience required.
• Thorough knowledge of general accounting including skills knowledge plus the application of general accounting theory.
• Must be proficient in Microsoft Excel.
• Able to handle critical and confidential information.
• Requires broad conceptual judgment, initiative and ability to deal with complex accounting issues.
• Good time management skills.
• Must be detail oriented.
• Work well in a team environment.