Regional Financial Controller at MasTec Industrial

Job description

Overview Company Summary MasTec Utility Services delivers critical infrastructure construction and engineering services for power delivery, gas, and water customers, specializing in overhead and underground electric distribution for power delivery systems, gas distribution construction for gas systems, and turnkey solutions for a variety of water, sewer, and civil infrastructure projects. Backed by the strength of eight decades of experience, exceptional industry skills, and a deep commitment to our core values, we continually strive to innovate, uplevel our abilities, and provide extraordinary value to our clients. MasTec Utility Services Company is a subsidiary of MasTec, a certified Minority-Controlled Company by the National Minority Supplier Development Council (NMSDC). Job Summary The Regional Financial Controller is responsible for overseeing the region’s budget and forecasting process, financial reporting, and project financial performance. This role ensures the accuracy, integrity, and timeliness of financial information and provides senior management with meaningful insights into project profitability, cash flow, cost performance, and financial risks. This role manages a regional finance team and works closely with executive leadership, operations, and the accounting team. The Financial Controller establishes strong financial reporting processes, reviews project financial results, challenges key assumptions, and ensures that financial performance is accurately reflected in the region’s financial statements and forecasts. *** This is an oversight and business-partnering role focused on financial reporting quality, project financial visibility, and financial governance rather than the execution of routine accounting transactions. Hybrid opportunity, must be able to travel to office. *** Responsibilities Financial Reporting and Oversight Ensure the accuracy, completeness, consistency, and timeliness of regional financial reporting. Analyze financial results and explain significant variances against budget, forecast, prior periods, and management expectations. Ensure appropriate application of accounting standards, including revenue recognition and construction project accounting. Identify reporting gaps, unusual transactions, and potential financial risks, escalating significant matters to senior management. Construction Project Financial Performance Oversee the financial reporting and monitoring of projects, including profitability, cost performance, gross margins, and forecast final costs. Challenge project teams on forecasts, anticipated losses, contingency usage, and margin assumptions. Identify emerging project risks, including cost overruns, schedule delays, unapproved change orders, and potential margin erosion. Work with project managers and operations leaders to improve the quality, consistency, and reliability of project financial forecasts. Provide consolidated reporting on project performance, backlog, margins, and exposure to financial risks. Budgeting, Forecasting, and Financial Planning Oversee the preparation of annual budgeting process and periodic financial forecasts. Review assumptions relating to revenue, project costs, overheads, staffing, capital expenditures, and cash flow. Prepare financial analysis to support business planning, resource allocation, and strategic decisions. Compare actual results with approved budgets and forecasts, highlighting key drivers and recommending corrective actions. Assess the financial impact of new projects, contract awards, project delays, and changes in the construction pipeline. Cash Flow and Working Capital Oversight Monitor working capital trends, including accounts receivable, retainage, and unbilled revenue. Review project billing and collection performance and identify potential cash flow constraints. Provide management with forward-looking cash flow analysis and early warning of potential funding requirements. Work with operations and project teams to improve cash conversion and working capital management. Management Reporting and Business Partnering Prepare and present financial performance reports to executive leadership and other key stakeholders. Translate financial results into clear business insights, highlighting trends, risks, opportunities, and required management actions. Partner with project executives, project managers, and operations teams to improve financial accountability. Challenge financial assumptions and promote ownership of project budgets, forecasts, and profitability. Qualifications Qualifications and Experience Bachelor’s degree in Accounting, Finance, or a related discipline. CPA, CMA, or equivalent professional qualification preferred. Typically 7–10 years of progressive finance and accounting experience, with meaningful experience in budgeting, forecasting, cash flow analysis, and financial performance reporting. Experience in the construction or project-based services industry strongly preferred. Demonstrated ability to review and challenge financial results, estimates, and forecasts prepared by accounting and operational teams. Advanced Excel skills and familiarity with ERP, job-costing, and construction project management systems. Strong analytical, communication, presentation, and stakeholder management skills. Key Performance Indicators Performance will be evaluated based on the effectiveness, reliability, and business value of financial reporting, including: Timeliness and accuracy of monthly financial reporting. Quality and reliability of working capital monitoring and reporting. Timely identification and escalation of financial risks, including margin deterioration, cash flow risks, and Quality of financial analysis and support provided to executive leadership. Physical Demands and Work Environment This position may require time standing or walking on uneven ground, possible climbing of ladders or being in high places, working in tight spaces, lifting up-to 25 pounds, and, in general, being overall physically demanding. It may also require work in an all-weather environment Please note this job description is not designed to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee for this job. The Company reserves the right to revise or change the job duties as the need arises. Management reserves the right to change the description, duties, or work schedules to accommodate individuals with disabilities. Benefits available include Medical, Dental, Vision, Disability and Life insurance, a 401k plan and Employee Stock Purchase plan. MasTec is a publicly traded company MTZ (NYSE). Equal Employment Opportunity: The Company’s policy is not to unlawfully discriminate against any applicant or employee based on race, color, national origin, ethnicity, sex, gender, sexual orientation, religion, marital status, age, disability, genetic information, veteran status, or any other basis protected by applicable law and EEOC regulations. The Company also prohibits harassment of applicants or employees based on any of these protected categories.

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Benefits

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Dental

Vision

401k