Senior Construction Accountant / Project Specialist
Owen Electric Company
Job Title: Senior Construction Accountant / Project Specialist
Job Summary We are currently searching for an experienced, detail-oriented Senior Construction Accountant to immediately join our team. The role requires a thorough understanding of construction accounting, project management, and financial reporting. Additionally, there is a Project / Cost Accounting component that this employee will be responsible for. Specifically, managing the financial aspects of assigned projects, ensuring accurate budgeting, cost tracking, and billing, as well as financial reporting. This role works closely with project managers and finance leadership to ensure projects are completed on time, within budget, and in compliance with contractual requirements and company policies. Key Responsibilities • Assist in preparation of financial statements in compliance with GAAP. • Develop and maintain financial policies, procedures, and internal controls to ensure accurate financial reporting and compliance. • Bank and credit card reconciliations, monthly journals, and job cost entries. • Support annual audit processes, liaise with external auditors and the finance department. • Ensure compliance with federal, state, and local financial regulations and reporting requirements. • Familiarity with multi-state payroll, regional financial statements, service and inventory a plus. • Ensure timely completion of month-end and year-end close processes. • Train, mentor, and develop accounting staff to ensure a high-performing and cohesive team. • Perform other duties as assigned by the Director of Finance. • Collaborate with project managers to monitor financial performance and maintain profitability. • Manage project budgets, forecasts, and cost controls from project initiation through closeout • Track project costs, including labor, materials, subcontractors, and overhead • Prepare and review project-related financial reports, variance analyses, and forecasts • Handle project billing, invoices, and revenue recognition in accordance with accounting standards • Monitor project profitability and flag financial risks or discrepancies • Ensure compliance with contract terms, internal controls, and accounting policies • Coordinate with project managers to support financial decision-making • Assist with month-end and year-end close processes related to project accounting • Maintain accurate project records and documentation for audits and reviews Qualifications • Bachelor's degree in accounting, Finance, or a related field • 5-7 years of accounting experience in project-based, construction environments • Excellent verbal and written communication skills. • Strong knowledge of GL, CM, AP, AR, JC, general Construction Accounting, and financial reporting. • Strong understanding of project accounting principles and cost accounting • Experience with construction accounting or ERP systems • Proficiency in Microsoft Excel and financial reporting tools • Experience with percentage-of-completion accounting • Prior experience in a project-driven industry Skills & Competencies • Exemplary leadership and team management abilities. • Outstanding analytical and problem-solving skills • Exceptional attention to detail and accuracy. • The ability to work effectively in a fast-paced and dynamic environment. • The capacity to manage multiple projects and deadlines simultaneously with facility • Effective communication and collaboration skills • The capacity to explain financial information to non-financial stakeholders • Strong organizational and time-management skills Working Conditions • Office-based work environment • May require occasional extended hours during month-end or project closeVacancy posted 2 days ago
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