Assistant Controller

Under limited supervision, responsible for the development and administration of the accounting systems, practices, controls and procedures. Provides management with financial status and progress reports. Assists in Oversight of daily accounting functions.

• Oversee daily accounting functions, including Accounts Payable and General Accounting.
• Review general ledger entries and correct as necessary.
• Review monthly journal entries, work papers, and financial statements prepared by project accountants and sign off.
• Act as a back-up during vacation and sick periods to ensure workflow continues and deadlines are maintained for the department.
• Assist the CFO with preparation and ongoing monitoring of budgets and cash flows at the global TLC level.
• Prepare monthly journal entries, work papers, and financial statements for assigned entities including but not limited to the personal financial records of the Owner and various Trusts as directed.
• Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
• Assist in the development and administration of the accounting systems, practices, controls and procedures which conform to accepted accounting principles.
• Assist in the maintenance of the computerized Accounting System.
• Enforce and monitor the effectiveness of internal controls for all systems.
• Prepare detailed documentation of procedures to be followed.
• Review the cost accounting for all land development jobs monthly to ensure accuracy.
• Assist land department personnel in identifying budget variances and securing explanations for variances noted.
• Analyze adequacy of cost to complete figures.
• Calculate and update finished lot cost figures used in project pro-formas and financial statements.
• Coordinate with department personnel monthly to obtain updated information regarding changes to forecasting assumptions such as sales absorption, revenue streams, or cost figures used to establish performance and profitability expectations by project on the pro-forma.
• Maintain and update pro-formas for all projects monthly.
• Analyze actual Gross Margin on sold or closed lots against established expectations in pro-formas and provide detailed explanations for variances in performance by lot, plan, and/or community.
• Produce monthly financial and non-financial reports as directed.
• Review all tax returns prepared by third party CPA's following established methods of ticking and tying all numbers referenced to internal financial statements.
• Support Controller/CFO with special projects and workflow process improvements.
• Supervision of staff as per Supervisory Responsibilities listed below.
• Assist departments such as marketing, construction, warranty, and administration in the preparation of detailed annual budgets and monitor actual results against budgeted amounts by cost code or general ledger account.
• Prepare a variance analysis and fluctuation comments identifying reasons for variances.
• Work with department personnel to identify recommendations and establish a corrective action plan as needed.
• Monitor progress towards plan.
• Provide training to new and existing staff as needed.