Job Description
We are looking for a skilled Cost Accountant to join our team in Sykesville, Maryland. This position offers an exciting opportunity to manage financial operations and ensure accurate cost analysis for construction projects. You will have regular contact with project managers and estimators, assisting throughout the lifecycle of projects. The ideal candidate will play a key role in supporting leadership and project managers with critical financial insights and reporting through presentation and review. This position is an individual contributor role with high visibility to the C-Suite.
For additional information, reach out to Adam Dean at adam.dean@roberthalf
Responsibilities:
• Monitor and manage project accounting processes, including cost tracking, progress billing, and financial reporting.
• Prepare and analyze monthly Work In Progress (WIP) reports to evaluate project profitability and overall financial performance.
• Collaborate with project managers and leadership to maintain budgets, forecast expenses, and address financial challenges.
• Ensure compliance with audits, regulatory filings, and workers' compensation requirements.
• Review and approve subcontractor invoices, payments, and lien waivers with a focus on accuracy and timeliness.
• Develop and implement efficient accounting procedures to enhance accuracy in financial reporting.
• Provide mentorship and guidance to accounting staff at the entry level to strengthen team expertise.
• Work closely with external auditors, clients, and vendors to resolve financial discrepancies and build effective relationships.
• Deliver financial recommendations and insights to support organizational decision-making.
• Ensure billing aligns with contract requirements and submit progress payments with precision.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 5 years of accounting experience, including 3 years in construction or project accounting.
• Strong understanding of construction accounting principles such as job costing, progress billing, and WIP reporting.
• Proficiency in Microsoft Excel and accounting software, such as Sage 50, Computerease.
• Excellent communication skills to interact effectively with project teams, leadership, clients, and vendors.
• Ability to analyze financial data and provide actionable insights.
• Familiarity with AIA billing and cost allocation methods.
• Experience in managing financial operations for commercial construction projects.
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