Cost Accountant

Job Description

Job Description

We are looking for an experienced Cost Accountant to support construction projects in Grand Rapids, Michigan. This position plays a key role in managing project-level financial performance from initial setup through final closeout, while partnering closely with project teams to keep reporting accurate and timely. The ideal candidate brings strong construction accounting knowledge, sound judgment, and the ability to work confidently across multiple active jobs.

Responsibilities:
• Manage the financial lifecycle of assigned construction projects, including initial job setup, ongoing maintenance, and final project closeout.
• Work closely with Project Managers to review cost activity, maintain accurate forecasting, and support appropriate revenue recognition throughout the project.
• Evaluate subcontractor invoices and job-related costs for accuracy, approval readiness, and issue resolution.
• Prepare monthly cost reporting that highlights budget performance, emerging variances, and financial risks affecting project outcomes.
• Administer progress billing processes, including tracking billed versus earned revenue and monitoring overbilling or underbilling positions.
• Compile sworn statements and oversee lien waiver documentation to support project compliance requirements.
• Assist with subcontract documentation, change order processing, and updates to contract terms as project needs evolve.
• Track receivables, retention balances, and payment activity to help maintain healthy project cash flow.
• Ensure project accounting data is accurately reflected in broader company financial reporting and identify improvements to reporting controls and processes.• At least 5 years of cost accounting experience within construction, preferably supporting a general contractor or subcontractor environment.
• Minimum 2 years of hands-on experience using construction accounting or project management platforms such as Acumatica, Procore, or Viewpoint.
• Demonstrated ability to manage financial oversight for several active construction jobs at the same time.
• Strong understanding of construction accounting practices, including job cost tracking, percentage-of-completion concepts, progress billing, and change order accounting.
• Working knowledge of contract administration, compliance documentation, sworn statements, and lien waiver requirements.
• Experience with cost-plus contract structures is preferred.
• Strong analytical, communication, and problem-solving skills with the ability to work independently and collaboratively.