Controller

Controller Newstar Drilling, Inc. The Colony, TX Job Details Full-time $100,000 - $140,000 a year 3 days ago Benefits Paid holidays Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Qualifications Accounting experience within construction industry General ledger reconciliation Accounting systems Accounts payable Supplier management Financial performance report preparation Consolidated financial statement preparation Bachelor's degree Managing accounting teams Cash management Excel formulas Excel data analysis Full Job Description

CONTROLLER

Newstar Drilling, Inc.

Location:

The Colony, TX (North Dallas / DFW Metroplex)

Reports To:

President /

Ownership Department:

Accounting & Finance Employment Type:

Full-Time, Exempt, On-Site About Newstar Drilling Newstar Drilling, Inc. is a family-owned and operated foundation drilling contractor based in Lewisville, Texas, with more than a decade of experience as one of the largest drilling contractors serving the DFW Metroplex. We specialize in drilled piers, caissons, belled piers, and straight shafts for commercial, industrial, structural, multi-family, and residential projects — including schools, warehouses, parking garages, and custom homes. Together with our affiliated trucking, hauling, and concrete pumping operations, we deliver integrated foundation and concrete services across DFW. Position Summary We are seeking an experienced Controller to lead the accounting function across Newstar Drilling and its affiliated entities. This is a hands-on leadership role responsible for the integrity of multi-company financial reporting, job costing, project profitability analysis, and oversight of our Accounts Receivable and Accounts Payable team. The Controller will partner directly with ownership, operations, and project management to provide the financial visibility and discipline needed to support continued growth across our drilling and concrete services businesses. The ideal candidate brings deep construction industry expertise — particularly in subcontractor accounting, AIA billing, lien rights, and equipment-intensive job costing — combined with strong leadership skills and the ability to operate effectively in a fast-paced, family-owned business environment. Key Responsibilities Multi-Entity Financial Reporting & Close Lead the monthly, quarterly, and annual close process across Newstar Drilling and its affiliated companies (drilling, trucking/hauling, concrete pumping), delivering timely and accurate consolidated financial statements in accordance with GAAP. Manage inter-company transactions, allocations, eliminations, and consolidated reporting across all related entities. Maintain a standardized chart of accounts, accounting policies, and reporting cadence across the company group. Oversee general ledger integrity, reconciliations, and supporting schedules for all entities. Construction Job Costing & Project Accounting Maintain and improve job costing systems to accurately track labor, equipment usage, materials, fuel, subcontractor costs, and overhead allocations by project and by rig/crew. Prepare and review WIP (Work-in-Progress) schedules, percentage-of-completion calculations, over/under billings, and project profitability reports. Oversee AIA-style progress billings, schedule of values, retention tracking, lien waivers, and preliminary notice/lien rights compliance under Texas law. Partner with project managers and field operations to review project margins, change orders, committed costs, and equipment cost recovery. A/R and A/P Team Leadership Directly manage, mentor, and develop a team of A/R and A/P specialists across the affiliated entities. Oversee A/R aging, collections strategy, customer billing accuracy, retention release, and lien rights protection. Oversee A/P workflows including vendor management, subcontractor pay applications, three-way match, fuel and equipment vendor reconciliations, and disbursement controls. Establish scalable processes, KPIs, and clear performance expectations for the accounting team. Equipment, Fleet & Asset Accounting Maintain fixed asset and equipment ledgers for the drilling rig fleet, support equipment, trucks, mixers, and pumps, including depreciation, repair/maintenance tracking, and disposals. Coordinate equipment financing, lease accounting, and cost-per-hour or cost-per-unit analyses to support pricing and utilization decisions. Manage fuel, parts, and consumables accounting across multiple yards and job sites. Cash Flow, Treasury & Compliance Manage cash flow forecasting across multiple entities, banking relationships, lines of credit, and equipment financing. Oversee Texas sales and use tax compliance, 1099 reporting, property tax renditions, and multi-jurisdiction filings. Lead annual financial statement reviews/compilations, tax preparation support with outside CPAs, and any bonding/surety reporting requirements. Maintain and strengthen internal controls and segregation of duties appropriate for a privately held, multi-entity organization. Strategic & Operational Partnership Serve as a trusted financial advisor to ownership, providing analysis on margins by project type, rig utilization, crew productivity, and overhead absorption. Support annual budgeting, forecasting, and KPI development for each entity and the consolidated group. Identify and implement improvements to accounting systems, reporting tools, and operational workflows to support continued growth. Qualifications Required Bachelor's degree in Accounting, Finance, or a related field. 8+ years of progressive accounting experience, with a minimum of 5 years as a Controller or Assistant Controller in the construction industry — ideally with a subcontractor, foundation, concrete, or other equipment-intensive trade. Strong working knowledge of construction accounting principles: percentage-of-completion, WIP, job costing, AIA progress billing, retention, and Texas mechanic's lien rights. Demonstrated experience leading multi-entity / multi-company financial reporting and consolidations. Proven leadership experience directly managing A/R and A/P teams. Proficiency in construction-focused accounting/ERP platforms (e.g., Sage 300 CRE / Timberline, Sage Intacct Construction, Foundation Software, Viewpoint Spectrum/Vista, QuickBooks Enterprise Contractor, or similar). Advanced Excel skills (pivot tables, complex formulas, cost analysis modeling). Preferred CPA designation. Public accounting experience with construction or specialty contractor clients. Experience with equipment-intensive operations (drilling, concrete, trucking/hauling, heavy civil). Familiarity with bonding/surety reporting, bank covenant compliance, and equipment financing structures. Prior experience supporting a family-owned or privately held business. Key Competencies Hands-on, roll-up-your-sleeves leader comfortable working closely with ownership and field operations. Strong attention to detail with the ability to manage multiple entities and projects simultaneously. Effective communicator with executives, project managers, field crews, banks, sureties, and outside CPAs. Deadline-driven, organized, and thrives in a fast-paced, growth-oriented environment. High integrity, sound judgment, and a strong sense of ownership. What We Offer Competitive base salary commensurate with experience Performance-based bonus opportunity Health, dental, and vision benefits Paid time off and holidays Key leadership role within an established, growing, family-owned DFW construction company Direct visibility and influence with ownership

Pay:

$100,000.00 - $140,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance

Work Location:

In person