Project Controller
About the role
SUMMARY: 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.
Key Responsibilities
- Budgeting & Forecasting
- Develop and manage project budgets, including detailed cost breakdowns for labor, materials, equipment, and subcontractors.
- Aid 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.
- Maintain financial integrity by monitoring and adjusting project cost-to-complete estimates to reflect actual expenditures and forecast future costs.
- Identify budget variances and implement corrective actions.
- Cost Tracking & Analysis
- 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.
- Progress Reporting
- 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.
- Contract & Change Order Management
- 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.
- Maintain compliance with contractual obligations, ensuring adherence to budget and project timelines.
- Risk Management & Compliance
- 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.
- Collaboration & Communication
- 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.
- 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
- 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
Equal Opportunity Employer
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.