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Construction Accounting Manager

Blue Ridge Executive Search

Construction Accounting ManagerWe are seeking a highly skilled and detail-oriented Construction Accounting Manager to join our team. This critical role ensures financial accuracy, compliance with accounting standards, and operational efficiency. The ideal candidate has extensive construction accounting experience, exceptional analytical skills, and expertise in project-based financial systems.Essential Duties and Responsibilities:Manage financial accounting, reporting and analysis, ensuring compliance with GAAP and corporate policiesOversee the preparation of timely and accurate financial statements and reports, highlighting trends and variancesMonitor project financial performance, including revenue recognition and expense tracking, ensuring alignment with budgets and contractsEnsure accurate project setups and tracking of costs and revenues in compliance with ASC 606 and contract termsPerform month-end accounting functions, including accruals, reconciliations, and variance analysisProvide actionable financial insights to senior management and project stakeholdersSupport regional Operating Managers in monitoring financial results and regional financial forecasting/budgeting effortsPartner with Project Controls, Project Management, and Procurement to develop integrated project forecasts, including cash flow projections, procurement commitments, schedule driven financial impacts, and executive reporting to support operational planning and portfolio managementDevelop and maintain project risk and opportunity matrices for major projects, quantifying financial and schedule impacts, tracking mitigation plans, contingency utilization, and supporting proactive decision making to maximize project performance and profitabilityPlan, delegate, and review work to ensure quality, timeliness, and adherence to company calendar and policiesDevelop and track KPIs for team performance and financial healthPartner with Operating Unit Managers, senior management, and external stakeholders to optimize financial performance and complianceCollaborate with external auditors, clients, and vendors to address financial and operational requirementsIdentify and implement enhancements to financial workflows, leveraging automation and technology for efficiencyAssist with system upgrades, testing new modules and functionality to align with operational needsProactively identify financial risks in projects and recommend mitigation strategiesEnsure adherence to internal controls, SOX compliance and audit readinessManage ad-hoc financial analyses and special initiatives as directed by senior leadershipSupervisory Responsibilities:Oversee the operations and performance of the division's project accounting team, ensuring timely and accurate delivery of financial services and compliance with policies and proceduresInterview, hire, train, mentor, motivate, and evaluate project accounting staff, providing feedback, recognition, and coachingPlan, assign, delegate, and review work, ensuring quality, accuracy, and timelinessReward, discipline, and address complaints and issues of project accounting staff, following company policies and proceduresManage and coordinate outsourced functions and vendors necessary for the success of the divisionJob Requirements / Qualifications:Bachelor's degree in accounting, finance, or a related field; advanced degree preferredCPA or CMA certification preferred10 plus years of experience in project accounting experience within the construction engineering spaceExperience with fixed price percent complete accounting is a requisiteStrong analytical and problem-solving skills, with the ability to analyze complex financial data and make sound recommendationsExperience supporting project controls through cost forecasting, cash flow planning, procurement coordination, and schedule driven financial forecasting is preferredExcellent communication and leadership abilities, with the ability to collaborate effectively with other members of the management teamProficiency in financial software and systems, with the ability to leverage technology to improve financial operationsPeriodic weekend or evening work expectedTravel to out-of-state offices and project sites is required

Vacancy posted 14 hours ago
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