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Assistant Controller

Working in the flagship market of Titan Electric is thrilling right now! By placing people at the center of our business and all we do, whether it's developing our datacenter capabilities or innovating to provide clients with what they want, we're increasing our pace as one of the nation’s fastest growing electrical contractors.


Reporting to the Controller, this position will be responsible for assisting  with monthly financials and with accounting projects. The Assistant Controller should demonstrate the ability and desire to “roll up their sleeves” and get into the details.  Strong analytical skills will be the key to success.  This individual will work closely with, and provide accurate and timely information to, senior management.


Responsibilities include carrying out all financial operations of the Illinois corporation including, but not limited to: customer deposits and cash management, purchasing, general ledger, treasury, budgeting, audit and tax. This position is responsible for development of performance metrics and preparation of financial analyses and reports to support management and bank objectives. 


WHAT YOU WILL DO
  • Providing analytical support and savvy business judgment to support management team on the development and execution of a winning strategy
  • Driving financial planning and analysis
  • Manage the Work-In-Process (WIP) schedule and support operations with revenue recognition and cashflow
  • Assist Controller with month end close and financial reporting
  • Developing analytical tools to better analyze the business, measure key operating metrics and identify customer trends
  • Support the internal audit functions and serving as liaison with independent auditor and auditor's staff
  • Support tax reporting
  • Assist with providing financial leadership in contract negotiations
  • Assist with evaluating and managing operating system capabilities for financial reporting as well other key internal processes   


WHAT YOU WILL NEED
  • 5+ years of accounting experience demonstrating progression of responsibilities.
  • Prior accounting experience in the construction or other project management services
  • Prior public accounting experience preferred
  • A self-starter with high degrees of energy, sense of urgency, creativity, and intelligence
  • Deep understanding and knowledge of how cash impacts the business
  • Bachelor’s degree in finance, accounting or other applicable business focused degree
  • CPA and MBA preferred


Titan Electric is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.


This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Titan Electric makes hiring decisions based solely on qualifications, merit, and business needs at the time. 






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Average salary estimate

$90000 / YEARLY (est.)
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What You Should Know About Assistant Controller, Titan Electric

Are you ready to take on an exciting role as an Assistant Controller at Titan Electric in Itasca, Illinois? Working in our flagship market is a thrilling experience where we prioritize our people and drive innovation. As we continue to grow rapidly, this position will give you the chance to work closely with our Controller and take the lead on financial operations. You’ll dive into the details of monthly financials and play a key role in various accounting projects. With responsibilities including cash management, budgeting, and financial reporting, your analytical skills will be your best asset. Here at Titan Electric, you'll not only assist in preparing financial analyses but also develop performance metrics to help shape our strategies. This is a hands-on position where your financial expertise will support our management team in fostering growth and improving operations. If you have over five years of experience in accounting, preferably within the construction or project management sectors, and boast a CPA or MBA, we want to hear from you! Join us as we redefine the future and bring your skills to a team that values creativity, commitment, and collaboration.

Frequently Asked Questions (FAQs) for Assistant Controller Role at Titan Electric
What are the primary responsibilities of an Assistant Controller at Titan Electric?

As an Assistant Controller at Titan Electric, you will be essential in managing financial operations, which include customer deposits, cash management, and month-end close processes. You will assist in financial reporting and analysis, providing critical insights that inform business strategies. Additionally, you'll support auditing functions and tax reporting, while also developing analytical tools to monitor key operating metrics.

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What qualifications are needed for the Assistant Controller position at Titan Electric?

To qualify for the Assistant Controller position at Titan Electric, candidates must possess over five years of accounting experience with progressive responsibilities. A Bachelor’s degree in finance or accounting is required, while a CPA or MBA is preferred. Previous experience in the construction or project management industries is invaluable, alongside strong analytical and interpersonal skills for effective communication with management.

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How does the Assistant Controller contribute to financial planning at Titan Electric?

The Assistant Controller at Titan Electric plays a significant role in driving financial planning and analysis. By managing the Work-In-Process (WIP) schedule and collaborating closely with operations on revenue recognition and cash flow management, you will provide valuable insights that guide the development and execution of financial strategies that align with the company's goals.

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What kind of work environment can an Assistant Controller expect at Titan Electric?

At Titan Electric, the work environment is dynamic and collaborative. As an Assistant Controller, you will work alongside senior management and play an integral role in various projects and initiatives. We value innovation and creativity, fostering a culture where all team members are encouraged to share their insights and contribute to our mission of excellence in electrical contracting.

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What are the growth opportunities for an Assistant Controller at Titan Electric?

The Assistant Controller role at Titan Electric offers ample growth opportunities as you can develop your accounting skills and build a pathway to more advanced positions. With a strong focus on professional development and mentorship from senior management, individuals can expand their expertise and take on leadership roles within the company as they contribute to our growth and success.

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Common Interview Questions for Assistant Controller
How do you prioritize your tasks as an Assistant Controller?

In my role as Assistant Controller, I prioritize tasks based on deadlines and their impact on financial reporting. I first focus on month-end close processes, supporting the Controller with timely information, while also scheduling regular reviews of ongoing projects to ensure that all operational metrics align with the company's financial goals.

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Can you provide an example of a challenging financial project you've managed?

Certainly! In my previous role, I led a complex budgeting process that involved gathering input from various departments. By coordinating meetings and facilitating discussions, I was able to reconcile differing priorities and help the team align on budgetary goals, ultimately resulting in an effective financial plan that satisfied our management objectives.

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What software are you proficient in for financial reporting?

I am proficient in several accounting and financial reporting software systems, including QuickBooks, SAP, and Microsoft Excel. I find that these tools are invaluable for data analysis, creating financial reports, and visualizing data to enhance decision-making processes within the finance team.

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How do you approach audit processes and findings?

I approach audits with thorough preparation and transparency. I ensure that all financial documents are complete and accurate before the audit begins. During the audit, I remain open to feedback, viewing findings as opportunities for enhancement. Afterward, I implement necessary changes to address any issues identified and improve our processes.

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Describe your experience with managing work-in-progress (WIP) schedules.

In my previous positions, I've managed Work-In-Progress schedules by closely monitoring project timelines and budgets. By implementing regular reviews and controls, I ensured that we accurately recognized revenue and expenses, which kept our financials aligned with operational activities and facilitated better cash flow management.

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What strategies do you use for financial forecasting?

To effectively forecast finances, I collect historical data, analyze market trends, and collaborate with various departments for insights. By using this information, I develop realistic financial projections and regularly review them against actual performance to adjust strategies and ensure that we meet our financial objectives.

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How do you handle discrepancies in financial data?

When I encounter discrepancies in financial data, I quickly conduct a detailed analysis to identify the root cause. I investigate every entry and work closely with team members to resolve the issue. I also document the findings and implement processes to prevent similar issues in the future.

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What role do you play in financial leadership during contract negotiations?

As an Assistant Controller, I play a crucial role in contract negotiations by providing financial insights and analyses that inform bidding strategies. I work with the project team to assess costs and profitability, ensuring that our financial positions are strong and that we negotiate terms that align with our company goals.

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How do you stay updated with accounting standards and regulations?

I remain updated with accounting standards and regulations through continuous education, subscribing to industry publications, and participating in professional organizations. Regular attendance at seminars and webinars helps me stay informed on best practices and recent changes in financial legislation.

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What do you believe are the key qualities of a successful Assistant Controller?

The key qualities of a successful Assistant Controller include strong analytical skills, attention to detail, effective communication, and a proactive approach to problem-solving. Additionally, being a team player and having the ability to adapt to change are vital traits for navigating the fast-paced financial landscape.

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Join our dedicated team as an Accounts Payable Specialist and help drive our financial function to new heights.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 10, 2025

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