Construction Accountant

The Quest Organization; New York (NY); On-site; USD 90,000 - 115,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A leading company in construction management is seeking a Construction Accountant to oversee financial aspects of projects. The role involves managing budgets, tracking costs, and ensuring compliance with regulations. Ideal candidates will have a Bachelor's degree in Accounting and experience in construction accounting, with strong analytical skills and attention to detail.

Qualifications

• 3+ years of experience in construction accounting.
• Strong understanding of job costing principles and WIP reporting.
• Ability to work under tight deadlines and manage multiple projects.

Responsibilities

• Manage and monitor all financial aspects of construction projects.
• Prepare detailed job cost reports and analyze variances.
• Ensure compliance with accounting standards and contractual obligations.

Skills

Attention to detail

Analytical skills

Team player

Education

Bachelor’s degree in Accounting

Tools

Sage 300

Procore

Job description

The Quest Organization provided pay range

This range is provided by The Quest Organization. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $115,000.00/yr

Construction Accountant

Responsibilities:

1. Manage and monitor all financial aspects of construction projects, including budgets, expenditures, and cash management.
2. Track and record project-related costs, ensuring alignment with contract terms, construction industry standards, and company policies.
3. Review and process invoices from contractors and vendors, ensuring accuracy and completeness.

Job Costing:

1. Prepare detailed job cost reports and analyze variances between actual and budgeted project costs.
2. Allocate labor, materials, and equipment costs to respective projects and job phases.
3. Ensure timely and accurate tracking of work-in-progress (WIP) schedules.
4. Prepare monthly, quarterly, and annual financial statements and reports.
5. Collaborate with project managers to forecast cash flow.
6. Prepare construction loans reporting packages and draw requisitions.
7. Support the preparation of annual budgets.

Accounts Payable and Payroll:

1. Handle accounts payable ensuring timely payments.
2. Review, code, and submit invoices for approval to project managers.
3. Prepare and oversee processing of projects’ payroll.

Compliance and Audit:

1. Ensure compliance with bank requirements, accounting standards, tax regulations, and contractual obligations.
2. Assist in preparing for external audits, providing necessary documentation related to construction projects.
3. Ensure adherence to local labor laws, union agreements, and prevailing wage requirements.

Qualifications:

• Bachelor’s degree in Accounting
• 3+ years of experience in construction accounting
• Proficiency with construction management software (e.g., Sage 300, Procore) is a plus
• Strong understanding of job costing principles, WIP reporting, and contract administration.
• Excellent attention to detail and analytical skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Team player with a strong work ethic and willingness to work in the office as required (currently 4 days a week).

Additional Information

Referrals increase your chances of interviewing at The Quest Organization by 2x.

Inferred benefits from the description for this job include:

• Medical insurance
• Vision insurance
• 401(k)

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