Contracts and Financial Administrator - Electrical Construction
IES Commercial, Inc. - DBA IES Electrical
IES Commercial, Inc. - DBA IES Electrical, seeking full-time Contracts and Financial Administrator - Electrical Construction in our Suffolk, Virginia, location.
Job Summary
- Drafts, reviews, and administers construction contracts, subcontracts, and purchase agreements
- Ensures compliance with contract terms, conditions, and applicable regulations
- Tracks and manages change orders, amendments, and contract modifications
- Maintains organized, accurate and audit-ready contract documentation
- Monitors insurance certificates, bonds, and lien waivers for compliance requirements
- Identifies potential contractual risks and develop practical, forward-thinking solutions
- Tracks project budgets, job costs, and financial performance
- Reviews and processes progress billings and subcontractor pay applications
- Partners with accounting to support accurate revenue recognition and financial reporting
- Assists with audit preparation and maintains supporting documentation
- Analyzes cost variances and provide actionable recommendations
- Collaborates with project managers to optimize contract performance and financial outcomes
- Supports cost forecasting and variance analysis
- Tracks retention, draws, and compliance-related documentation
- Communicates effectively with clients, subcontractors, and vendors regarding contracts and payments
- Adapts quickly to changing project needs in a fast-paced, dynamic environment
- Bachelor's degree Accounting, Finance, Business, Construction Management, or related field
- 3+ years of construction contract administration experience
- Strong understanding of construction accounting principles (percentage of completion, job costing, WIP reporting)
- Experience with construction management and accounting software
- Advanced proficiency in Microsoft Excel and Office Suite
- Ability to manage multiple priorities and deadlines with accuracy
- Analytical, solutions-driven mindset with strong problem-solving skills
- Excellent written and verbal communication skills
- High attention to detail and strong organizational skills
- Desired: experience with AIA contract documents; knowledge of lien laws and construction compliance requirements; experience with OCIP/CCIP programs
- Successfully pass all pre-employment (post offer) screenings (background and MVR, and as applicable, drug testing).
Phone: View phone number on click.appcast.io.
IES is an Equal Opportunity Employer - Minorities/Females/Gender Identity/Sexual Orientation/Individuals with Disabilities/Protected Veterans.
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Vacancy posted 20 hours ago
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