Construction Accountant
CFS has partnered with a stable business in SATX that is now operating globally. Here, you can expect to be surrounded by tenured employees; YOUR team members, as this role is one of several that are newly open for the first time in the last 10 years. You can also be assured that, with the tremendous growth the company is experiencing, there is always upward mobility available for the taking.
Sound interesting? Wait until you hear about the perks
- Unmatched perks to include:
- Comprehensive benefits (UHC), three different levels/plans
- Hybrid work schedules available after some time in training (4/1)
- Work in San Antonio office near airport OR Austin office near Dominion
- Strong PTO (10 days sick, vacation starting at 2-4 weeks based on years of experience)
- Adoption assistance, fertility assistance, tuition assistance
- Wellness programs, diabetes program, financial planning services, discounts on tons of other services and products (vehicles, apple, etc)
Responsibilities of the Construction Accountant:
- Oversee all financial aspects of projects, ensuring adherence to company policies.
- Ensure compliance with financial policies among team members (project manager, superintendent, and engineer).
- Communicate potential profitability or risk issues to management.
- Establish and implement procedures to meet client contractual requirements for billing and accounts receivable.
- Conduct client contract analysis to determine billing deadlines, payment terms, and other relevant details.
- Audit client billing and project ledger regularly for compliance with contract requirements, GAAP, and company policy.
- Manage accounts payable for vendor and subcontractor invoices, ensuring compliance with contractual obligations.
- Oversee the month-close process, ensuring accurate posting or accrual of project costs.
- Update monthly project assets and rentals for insurance documentation.
- Manage project financial closeout, ensuring all requirements are met before issuing final payments.
- Report on cash position, highlighting potential risks or profitability issues to the project team.
- Assist with internal and external audit requests.
- Perform other assigned activities, duties, and responsibilities.
Qualifications for the Construction Accountant:
- Experience working with a Commercial Construction Company (one of substantial size and not a smaller Mom & Pop shop) and owner pay applications
- Bachelor's Degree in Accounting, Finance, or related field with 3 years of commercial construction accounting experience, or equivalent.
- Excellent knowledge of GAAP principles for timely and accurate reporting.
- Understanding of accounting implications related to contract terms, profitability, and risk management.
- Excel proficiency (VLOOKUP's & pivot tables)
- Construction accounting experience:
- Experience and understanding of project costing, understanding of what is reimbursable and what is not reimbursable)
- Proficient in cost analysis procedures (POC/WIP)
- Working knowledge and experience with AIA contracts & billing (G702 & G703 forms)- need to have experience completing these, not just knowledge or experience gathering information.
- Experience with SAP & Textura is preferred.
Don't meet every single requirement? Studies have shown that individuals are less likely to apply to jobs unless they meet every single qualification. At CFS we are dedicated to building a diverse, inclusive and authentic workplace for all our clients, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.