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Open nowPosted 2 days ago

Regional Controller

AP104 open roles

Where
Bloomington, MN
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Your applicationOpen nowRegional ControllerAP · Bloomington, MN

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. AP postings stay open a median of 9 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: posted 2 days ago

AP median: 9 days open

The posting

We build trust among our communities and our people by cultivating the right team for every job. We are committed to fostering a creative and collaborative culture with a focus on career growth and balance in the workplace.

AP has diligently built a strong foundation of expertise, experience and exceptional results. We continually invest in our talented team by providing the latest tools, technologies and training necessary to stay ahead of the curve. We set our employees up for long-term success through mentorship opportunities and professional growth and advancement for every person in every role.

We recognize the contributions of our team members with unique experiences and capabilities and strive to establish a work environment that maximizes our collective potential. Going beyond the build for our employees lays a strong foundation for success across AP. We commit to a balanced, value-centered work environment for meaningful projects, careers and talent.

Job Description:

Job Description:

Adolfson and Peterson Construction is currently hiring a Regional Controller for our Midwest Region based out of Bloomington (moving soon to Edina).

The Regional Controller is the finance leader for the region, responsible for accounting, financial reporting, forecasting, cash flow management, and project financial performance. This role partners closely with Operations to drive profitable project execution, optimize working capital, and provide timely financial insights that support business decisions.

The Regional Controller leads the regional accounting team, ensures compliance with company policies and internal controls, collaborates with Corporate and shared services teams, supports risk management and surety relationships, and champions AP’s Incident and Injury Free (IIF) culture

Responsibilities:

  • Take personal responsibility for working safely within an Incident and Injury Free (IIF) culture.Be a champion to support IIF efforts for working safely and building a culture of care and concern within the organization that reinforces the behavioral aspects of working and living safely. Maintain a relationship with safety to hold responsibility for personal safety, the safety of each person in the company, and the IIF performance of the entire workforce. As a leader, consistently communicate and reinforce the tenets of an IIF workplace. Be willing to discuss a personal commitment and desire for all team members to work safely and attain an IIF workplace. As a leader, ensure that processes and procedures that support an IIF culture are maintained and reviewed for continuous improvement.
  • Lead regional accounting and financial operations ensuring compliance with company expectations, policies, processes, and internal controls.Drive accurate, timely month close, balance sheet governance, reconciliations and management reporting in partnership with the Corporate Controller. Provide audit support as needed. Coordinate effectively with shared services teams that perform designated accounting activities. Set clear regional accounting requirements, ensure timely field input and approvals, resolve expectations and continuously improve handoffs and cycle times.
  • Own the region’s WIP process and job cost integrity including contract setup, cost coding, earned revenue/billings analysis, under/over billings, retainage and change management.Lead monthly project/WIP review cadence with Operations to validate cost-to complete, margin and forecast accuracy. Ensure project budgets, cost structures and contract set ups are established accurately to support complete cost capture, reporting integrity and financial accountability.
  • Develop the annual regional budget and rolling forecasts; provide clear variance analysis and insights.Build financial models and scenarios analyses to support pursuits, staffing, equipment and overhead management. Drive billings and collections performance; proactively manage age receivables and dispute resolution. Ensure AP execution and payment practices are aligned to contract terms and company controls including lien waivers, joint checks, retainage and compliance documentation. Maintain short-and-mid-range cash forecasts by project and for the region. Oversee significant vendor payment processes and contractual compliance to support effective supplier relationships and mitigate financial risk.
  • Partner closely with project teams to ensure a consistent understanding of project financial performance and coach Project Managers and field leaders on key financial drivers, including WIP, cost-to-complete forecasting, margin performance, cash flow, and working capital management.Support the review and negotiation of owner contract terms and subcontract agreements to ensure alignment with company standards and risk management objectives. Proactively identify risks and opportunities to maximize project profitability, strengthen accountability for financial accuracy, and ensure timely project closeout. Elevate significant project risks with actionable recommendations, partnering with operational leaders to develop and execute effective mitigation strategies. Support negotiation and administration of master subcontract agreements and related contract frameworks.
  • Act as regional liaison to sureties and risk management; support surety reporting packages and presentations as needed; ensure compliance with bond requirements; manage builder’s risk allocations and reconciliation to projects as appropriate; support Subguard administration where applicable; coordinate claims and lien/bond matters with internal partners, provide TCIP reporting overnight and external counsel/consultants.
  • Partner with Corporate tax resources to manage regional tax matters and compliance including sales and use tax, fuel tax, property tax, state and local filings and corporate income tax reporting requirements.Understand, monitor, and resolve changes in local and regional tax laws including sales and use tax, gas tax, property tax, and corporate income taxes. Ensure that local and regional tax deposits and related reports for state and local entities are made as required by law. Maintain business or contracting licensing forms and returns with state and city governments or agencies. Ensure required tax filings, remittances, deposits and supporting documentation are completed accurately and timely. Support 179D job reporting.
  • Lead or oversee subcontractor prequalification process. Monitor subcontractor financial risk, payment performance, joint check agreements, tax levies, and bankruptcy notices; partner with Operations and Legal to mitigate risk and resolve disputes.
  • Hire, develop and retain a high-performing regional accounting/finance team.Establish clear performance expectations. Drive standard work, process improvements and stronger system utilization across region and shared services to increase accuracy, efficiency and predictability.
  • Other duties as assigned.

Requirements:

  • History of progressively more responsible leadership experience and proven results including:Bachelor’s degree in accounting, finance, business administration, or related field and 8+ years of progressive accounting/finance experience, including construction/general contracting experience preferred. Demonstrated ownership of WIP, job cost, cost-to-complete/forecasting, and strong working capital disciplines. CPA preferred. Demonstrated financial acumen, including experience creating financial analyses for business decision support. Proficiency in Microsoft Office (advanced Excel required). Experience with project-based construction ERP/accounting systems and reporting tools preferred. Working knowledge of GC contract terms and compliance requirements (e.g., pay applications, change orders, billings/retainage, lien waivers, joint checks, and subcontractor documentation). Ability to influence outcomes through strong collaboration with Operations, Legal, and Business Services.
  • Demonstrated integrity and ethical standards.
  • Experience in a complex business as an active participant in driving growth and change; demonstrated effectiveness in driving operations and executing plans.
  • Ability to identify talent, create and develop teams, and build trust and engagement.
  • Capability to identify and capitalize on opportunities quickly; ability to maintain effective balance between strategic and tactical priorities.
  • Experience in driving accountability for financial and operational effectiveness, integrating and aligning efforts within teams, monitoring results, and tackling problems directly.
  • Experience cultivating an active network of relationships, driving collaboration and alignment, relating well to key colleagues, and connecting with team members at all levels.
  • Ability to drive to the core of complex issues and provide insightful and constructive feedback.

Estimated Pay:

$137,000.00 - $231,000.00

Benefits:

  • Medical, Dental, Vision and Life Insurance
  • Health Savings Account
  • 401(k)
  • Flexible Spending Accounts (Dependent & Medical Reimbursement)
  • Paid Time Off (PTO) and Holidays
  • Tuition Assistance Program
  • Employee Referral Bonus

Adolfson & Peterson Construction’s (AP) ability to adapt and innovate has driven our success for more than 80 years. We are consistently ranked among the top construction managers and general contractors in the nation while maintaining one of the safest records in the industry. We bring positive and measurable change to the communities where we live, work and build. And we invest in new processes and technology to be operationally excellent and remain at the forefront of the ever-changing industry.

We have been committed to quality, innovation, safety and strong relationships since our beginning in 1946. AP offers preconstruction, construction and contracting services to commercial, education, healthcare, hospitality, industrial, multifamily, municipal, data center, and senior living markets with offices across Arizona, Colorado, Minnesota, North Dakota, Texas, and Wyoming. We employ more than 850 team members who strive for excellence and embody loyalty, trust and genuine love for what they do.

We go beyond the build for our communities and our people.

Adolfson & Peterson Construction is an Equal Employment Opportunity Employer

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