Cost Accountant

General Summary of Position:

The Cost Accountant is responsible for overseeing job costing, project budget tracking, and accounting support functions for a growing construction and prefabrication company. This role is responsible for maintaining accurate financial data related to projects, monitoring job profitability, supporting operational decision-making, and helping leadership maintain strong financial controls.

The ideal candidate has experience in construction accounting and job costing, understands project financial management, and can work closely with project managers, operations, purchasing, and leadership teams to improve budget accuracy and profitability

Essential Duties (Core Competencies):

Job Cost & Project Budget Oversight:

Maintain accurate job costing for all construction and prefabrication projects

Track and analyze:

Labor costs

Material costs

Subcontractor costs

Equipment expenses

Freight and shipping costs

Overhead allocations

Monitor projects budgets versus actual costs

Assist in developing and maintain project budgets

Work closely with project managers and operations teams to identify cost overruns and budget concerns

Review purchase orders and vendor commitments against project budgets

Assist with monthly project financial reviews

Support forecasting of projects margins and cash flow needs

WIP Reporting & Financial Analysis:

Prepare and maintain accurate Work In Progress (WIP) schedules

Track percentage-of-completion reporting and project revenue recognition

Assist leadership in evaluating:

Cost-to-complete estimates

Earned revenue

Underbillings and overbillings

Estimated final project margins

Generate weekly and monthly project financial reports for management review

Provide analysis on project performance trends and cost drivers

Develop reporting tools and dashboards to improve operational visibility

Assist with forecasting company backlog, cash flow, and project profitability

Budgeting & Operational Support

Participate in project startup meetings to establish financial tracking requirements

Assist estimating and project management teams with budget setup and cost planning

Review change orders and assist with tracking approved and pending changes

Coordinate with purchasing and operations to verify pricing and material cost accuracy

Assist in evaluating vendor pricing, material usage, and purchasing trends

Support inventory and material tracking procedures within fabrication and warehouse operations

Help establish operational controls to improve project efficiency and accountability

Accounting & Financial Support:

Assist with month-end and year-end close processes

Reconcile job cost reports to general ledger activity

Support accounts payable and accounts receivable processes related to project accounting

Assist with payroll allocation and labor costing

Maintain accurate cost coding and project financial records

Support sales tax and multi-state construction reporting requirements and filings

Assist external CPA firms and auditors with financial documentation and tax filings

Assist with licensing for projects

Help maintain accounting procedures and internal controls

Assist in monthly forecasting and projections

Complete prequalification's for jobs as needed

Operational & Process Improvement:

Manage and provide the monthly status on the bad-debt write-off process and provide recommendations for reserve accruals.

Manage and provide monthly status reports on the release of bonds, liens, and all other related processes pertaining to cash and contract receivables.

Manage the job status from active, to inactive, to closed, and issue status reports monthly.


Help improve job cost tracking systems and reporting accuracy

Assist leadership with financial analysis and operational reporting

Develop and maintain project cost tracking tools and dashboards

Improve documentation and purchasing controls

Work collaboratively with:

Project management

Purchasing

Estimating

Operations

Executive leadership

Systems, Process Improvement & Leadership Support:

Assist with implementation and improvement of ERP/accounting systems

Help improve:

Job cost accuracy

Reporting efficiency

Purchasing controls

Financial workflows

Inventory controls

Documentation standards

Develop standardized financial reporting procedures across departments

Train project managers and staff on job cost procedures and financial reporting expectations

Support executive leadership with special projects, financial analysis, and operational initiatives

Participate in management meetings and project review discussions as needed

Purchasing & Inventory Management

Assist with materials, tools, equipment, and physical inventories, and cycle count as needed.

Learn, understand, and support inventory management procedures and accounting.

Other Duties As Needed:

Assist with records retention maintenance.

Provide payables and capital data for audits (insurance, state, internal).

Follow up on vendor inquiries from vendors and/or employees.

Establish new state/local reporting requirements, as necessary (includes online setup, maintaining a log of account numbers, filing requirements, and deadlines).

Follow standard operating procedures to ensure employees can complete tasks successfully.

Backup payroll timecard processing, as needed.

Backup billing functions and accounts payable functions, as needed.

Backup purchasing functions, as needed.

Backup project management assistant functions for payables, as needed.

Assist/provide expertise in setting up Excel files for various departments throughout the company.

Provide training to other employees pertaining to Foundation, Excel, and other useful reporting tools to improve business knowledge.

Supervisory/Management Requirements: N/A

Qualifications:

To be successful in this role, an individual must be able to perform each essential duty satisfactorily. The requirements listed below represent the knowledge, skills, and/or abilities required. Reasonable accommodations may be arranged to enable individuals with disabilities to perform the essential functions.

Preferred Experience:

Bachelor's degree in Accounting, Finance or related field preferred

3-7 years of accounting or job cost experience

Construction accounting experience strongly preferred

Strong understanding of:

Job costing

Construction financial reporting

WIP schedules

Budget tracking

Cost analysis

Experience with accounting or ERP systems such as:

Sage

Foundation

QuickBooks Enterprise

Acumatica

Viewpoint

Procore integrations

Advanced Microsoft Excel skills

Strong analytical, organizational, and communication skills

Ability to work in a fast-paced construction environment

Independent work/judgement.

Strong attention to detail.

Experience with Foundation accounting system is a plus.

Company Standards:

Represent the Company in a positive, professional manner with fellow employees and within the communities served.

Encourage and maintain teamwork throughout the company and communicate all pertinent information in a timely and effective manner.

Maintain our integrity by embracing high ethical standards and adhering to company policies.

Consistently demonstrate Klover's shared values.

Klover Benefits

Medical Insurance

Medical Gap Insurance

Dental Insurance

Vision Insurance

Basic Life and AD&D Insurance

Basic Short-Term Disability

Voluntary Long-Term Disability

Employee Assistance Program

401K

Employee Referral Program

The following PA Act 153 clearances, or proof of application of clearances, are required beginning employment and as a condition of continued employment: Pennsylvania Child Abuse History Clearance Pennsylvania State Police Criminal Record Check FBI Fingerprint Criminal Background Check Obtaining the required clearances is completed as part of the new hire process.

Klover Contracting Inc. expressly prohibits any form of workplace harassment of any kind. Klover is committed to providing equal employment opportunities and employing an inclusive and diverse workforce.

Klover Contracting, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identify, veteran or disability status. In addition to federal law requirements, Klover Contracting, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment.

KLOVER 1121 RICHLAND KLOVER SCHEDULE MONDAYTHROUGH FRIDAY 8AM TO


Klover SEPA Inc. is an EEO Employer - M/F/Disability/Protected Veteran Status