Assistant Controller - VarcoMac

VarcoMac, 1360 Blair Drive, Odenton, Maryland, United States of AmericaReq #1461

Monday, April 8, 2024

VarcoMac, a Legence company

VarcoMac (https://varcomac.com/) is a leading provider of electrical & power services in the Mid-Atlantic region. Our culture is open, collaborative, innovative and fun– all reflected in recognition of VarcoMac as a ‘#1 Best Place to Work’ on multiple occasions. We foster a work environment that encourages and rewards creative thinking. Our employees are passionate about their work and genuinely love what they do. With diverse areas of expertise, VarcoMac is the ideal place to build your career and develop skills in project management, entrepreneurship, leadership, and life.

We are seeking a highly motivated Assistant Controller to support our Contractor programs. This is an exciting opportunity to join a rapidly growing firm working to accelerate the transition to a low-carbon future.

The Assistant Controller is responsible for assisting in the preparation of the annual budget, interim forecasts, & corporate reporting. Assists Controller in compliance with internal & governmental regulations as well as corporate financial goals & policies.

Responsibilities

• Prepares departmental and capital budgets

• Prepares internal monthly and year-end financial statements and analysis

• Maintains & monitors capital expenditures

• Prepares annual insurance and property tax reports

• Prepares journal entries and coordinates close process

• Prepare account reconciliations & ensure accurate accruals are being held

• Prepares and analyzes all corporate monthly & quarterly schedules

• Monitors tooling & prototype program expenditures

• Responsible for Fixed Asset accounting, including depreciation, asset additions & disposals

• Assists Controller in regulations, financial policies and procedures

• Participates in continuous improvement activities, submits improvement suggestions.

• Maintain and reconcile general ledger accounts

• Prepare monthly journal entries

• Perform monthly analysis of balance sheet and income statement

• Prepare monthly financial dashboard reports including related KPIs

• Prepare monthly reports for Projects, collections, billings, and contracts

• Assist in the monthly WIP (Work in Process) reporting

• Assist with annual audit preparation

• Participate in the annual budget process

• Perform ad hoc requests from management and Corporate

• Perform internal audit of job and contract revenue

• Perform monthly analysis of labor and utilization

• Audit financial transactions and documents

• Essential part of the team working closely with the Controller

• Other requests and analysis as needed

Essential Knowledge, Skills and Abilities

• Firm knowledge of Generally Accepted Accounting Principles (GAAP).

• Strong knowledge of ASC 606 and understanding of percentage completion accounting preferred

• Strong attitude of flexibility to adapt to change and pivoting of priorities as well as effective execution of multiple deliverables or projects at or near the same time

• Strong attention to detail, rigorous and methodical

• Good analytical skills and ability to drive for problem resolution

• Work effectively with accounting team, management, project managers and external auditors.

• Produce accurate and timely accounting reports.

• Strong and polished communication skills, both written and verbal.

• Ability to work with limited supervision

• Proficiency with MS Office applications (Excel, Outlook, Word)

• Must possess sound business ethics, including the protection of confidential information

• Ability to handle multiple tasks and priorities simultaneously

Experience

• At least five years of combined work experience working in public accounting or corporate accounting.

• Experience in construction industry a plus.

• Bachelor’s degree in accounting or finance is required.

• CPA required.

Physical Demands

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Travel Requirements

Periodic travel may be required for the role for meetings, as well as for Legence and/or client business needs.

No sponsorship available for this position

#LI-JS1 #LI-Hybrid

Health and Welfare Benefits

• Health and Welfare

• Medical

• Dental

• Vision

• Prescription drug

• Employee assistance program

Personal Benefits

• Paid vacation

• Company-paid holidays

• Sick leave

Financial Benefits

• 401(k) retirement savings plan

• Company-paid long-term disability insurance

• AD&D insurance

• Life insurance

About Legence

Legence, a Blackstone portfolio company, is an Energy Transition Accelerator™ that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in mission-critical and high performance facilities. With five decades of expertise in the built environment, Legence has a proven track record of reducing carbon emissions, implementing renewables, lowering utility costs through efficiency consumption, and making systems run better at unmatched speed and scale. To learn more about Legence and its services, visit https://www.wearelegence.com/ .

Contingent Employment Statement

Offers of employment for this role may be contingent upon successfully passing a background check and/or drug screen. Execution of screens will vary based on role requirements and Company policy. All background checks and drug screens will be done in accordance with applicable federal, state, or local law.

Equal Employment Opportunity Employer

Legence and its affiliate companies are proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, other non-merit-based factors, and any other characteristic protected under applicable local, state or federal laws and regulations.

EEO is the Law (https://www.eeoc.gov/employers/eeo-law-poster)

Reasonable Accommodations

If you require assistance applying online, email ta@wearelegence.com . Please include a description of the specific accommodations you are requesting as well as the job title and requisition number of the position for which you are applying. If you are selected for an interview, please notify your recruiter of your accommodation needs. All efforts to provide reasonable accommodations will be made.

To all recruitment agencies

Legence and its affiliate companies do not accept unsolicited agency resumes. Do not forward resumes to our career’s alias or employees of Legence and/or its affiliate companies. Legence and/or its affiliate companies are not responsible for any fees related to unsolicited resumes. Any third-party recruiting agreements for Legence and its affiliate companies may only be executed by Legence Holdings LLC’s CHRO or Director of Talent Acquisition, without exception. All others are done without proper authorization and will not be honored. We will not be responsible for any fees under any third-party recruiting agreement not executed by said authority.

Pay Transparency Nondiscrimination Provision

Legence and its affiliate companies will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Other details

• Pay TypeSalary

• Travel RequiredYes

• Required EducationBachelor’s Degree

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• VarcoMac, 1360 Blair Drive, Odenton, Maryland, United States of America