Assistant Controller (Construction Industry Experience)
Latitude Inc
Apply to this job Derwood, MD on site Until 8/22/2026 First posted February 17, 2026 Last posted February 17, 2026
Job description
Position Summary:
The Assistant Controller supports the Controller in managing the daily accounting operations of a construction-focused organization. This role ensures accurate financial reporting, maintains strong internal controls, and oversees accounting processes specific to the construction industry, including job costing, WIP schedules, and revenue recognition. The ideal candidate is a hands-on accounting professional with strong technical expertise and experience working in a project-based or construction environment.
Responsibilities:
- Financial Operations & Reporting
- Assist in overseeing the monthly, quarterly, and annual close processes.
- Prepare and review financial statements, supporting schedules, and management reports.
- Ensure compliance with GAAP and company accounting policies.
- Support budgeting, forecasting, and variance analysis.
- Assist with cash flow forecasting and management.
- Construction Accounting & Job Costing
- Manage and review job cost accounting, ensuring accurate allocation of labor, materials, equipment, and subcontractor expenses.
- Maintain and prepare Work-in-Progress (WIP) schedules and revenue recognition using percentage-of-completion methods.
- Monitor project profitability and provide insights to leadership.
- Collaborate with project managers to ensure accurate project financial tracking.
- Accounts Payable, Receivable & Payroll Oversight
- Oversee AP/AR processes, subcontractor billing, and collections.
- Ensure proper lien waiver tracking and subcontractor compliance.
- Assist with payroll accounting and job cost allocations.
- Compliance & Internal Controls
- Support annual audits, tax preparation, and regulatory reporting.
- Maintain and improve internal controls and accounting procedures.
- Ensure compliance with contract requirements and financial reporting standards.
- Leadership & Process Improvement
- Supervise and mentor accounting staff.
- Identify and implement process improvements and system efficiencies.
- Assist with ERP/accounting system optimization and reporting enhancements.
Compensation (from employer):
70000–90000 USD per year
About this role
Summary
Manage construction accounting, financial reporting, internal controls, team supervision, and process improvements.
Job title
Assistant Controller
Experience level
professional with construction experience
Industry
construction
Location requirements
Derwood, MD; remote work not specified
Salary
70000–90000 USD per year
Management role
Yes
Skills & keywords
Required skills
financial reportingGAAPjob costingWIP schedulesinternal controlsERP
Preferred skills
None specified
Specializations
construction accountingjob costing revenue recognitioninternal controls
Locations
Structured locations inferred from the posting.
Derwood, MD 20855, USA
On-site City