We are looking for a skilled and detail-oriented Construction Accountant to join our team. In this role, you will be responsible for managing the financial aspects of our construction projects, including developing profit and loss statements for each job. You will play a crucial role in ensuring accurate financial reporting and providing key insights to support project decision-making.
Responsibilities:
- Maintain accurate and up-to-date financial records for multiple construction projects using accounting software (QuickBooks).
- Develop and maintain a system for tracking project costs, including expenses, labor, materials, and subcontractor payments.
- Prepare monthly, quarterly, and annual profit and loss statements for each construction project, ensuring accuracy and completeness of financial data.
- Analyze project costs, overhead expenses, and revenue to identify project profitability, trends, and potential cost savings opportunities.
- Collaborate with project managers and estimators to develop accurate cost estimates and budgets for upcoming projects.
- Monitor project budgets, expenses, and revenue performance against forecasted targets, and proactively communicate variances and potential risks to stakeholders.
- Identify and escalate any potential financial risks or issues that could impact project profitability or financial objectives.
- Provide financial insight and guidance to project teams, helping them understand and interpret financial data and reports.
- Collaborate with the accounting team to ensure timely and accurate payment of invoices, bills, and subcontractor payments.
- Assist in the preparation of financial reports for lenders, stakeholders, and management as required.
- Stay up to date with industry regulations and standards related to construction accounting and financial reporting.
- Participate in the development and enhancement of internal control processes and procedures within the finance and accounting department.
- Support the year-end audit process by providing necessary financial information and documentation.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in accounting or bookkeeping, preferably in the construction industry.
- Strong knowledge of construction accounting principles, including job costing, revenue recognition, and financial reporting.
- Proficiency in accounting software, particularly QuickBooks, along with experience in analyzing and interpreting financial data.
- Solid understanding of profit and loss statements (P&Ls) and their application to construction projects.
- Attention to detail and strong organizational skills to manage multiple projects and deadlines effectively.
- Excellent analytical and problem-solving skills with the ability to identify and resolve financial discrepancies.
- Strong written and verbal communication skills, with the ability to convey complex financial information to non-financial stakeholders.
- Ability to work collaboratively as part of a team and to establish effective working relationships with project managers, estimators, and other stakeholders.
- Knowledge of construction industry regulations, standards, and best practices.
- Proficient in Microsoft Excel and other Microsoft Office applications.
If you are a detail-oriented accountant with experience in the construction industry and a strong ability to develop profit and loss statements for each job, we invite you to apply for this position. Join our team and contribute to the financial success of our construction projects.
Job Types: Full-time, Part-time
Pay: From $25.00 per hour
Expected hours: 20 – 40 per week
Benefits:
- Paid sick time
- Paid time off
Experience level:
Physical setting:
Schedule:
Experience:
Ability to Commute:
- Durham, NC 27705 (Required)
Work Location: In person