Guaranteed Maximum Price (GMP) Accountant

Barts Electric; Liberty (MO); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

PTO

Six paid holidays

401(k) with company match

Performance bonuses

Job summary

Bart's Electric in Liberty, MO is seeking a GMP Accountant to manage the financial side of GMP contracts, tracking costs against the guaranteed price and maintaining reliable job cost records.

You will work with Project Managers, Estimating, and leadership to protect margins on large projects, perform variance analysis, reconcile change orders, and prepare monthly pay applications.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of construction accounting experience; GMP or cost-plus preferred.
• Experience with job costing, WIP schedules, and percentage-of-completion accounting.
• Proficiency with Sage, Viewpoint, Procore and Microsoft Excel.
• Strong attention to detail and cross-functional communication.

Responsibilities

• GMP contract accounting: track costs against guaranteed price and monitor budget variance.
• Maintain job cost records and WIP schedules; support percent-of-completion revenue recognition.
• Record and reconcile change orders against GMP; flag cost/scope changes.
• Prepare monthly pay applications and reconcile owner payments.
• Calculate and reconcile contingency and shared-savings provisions at project closeout.
• Track subcontractor buyout, commitments, and cost-to-complete against budget.
• Prepare project cost reports and variance analysis for PMs, Estimating, and leadership.
• Ensure GMP accounting practices align with GAAP and policy.
• Collaborate with PMs, Estimating, and Accounting to keep budgets, forecasts, and billing aligned.

Skills

GMP accounting

Job costing

WIP schedules

GAAP awareness

Excel

Sage

Viewpoint

Procore

Cross-functional comms

Education

Bachelor's degree in Accounting/Finance

CPA candidate or CPA

Tools

Sage

Viewpoint

Procore

Job description

About Bart's Electric

Bart's Electric is a full-service commercial electrical and special systems contractor headquartered in Liberty, MO, with a reputation for reliability and service that sets us apart in the industry. Our philosophy is simple - we give the customer more service than they paid for. We're a merit shop built on the idea that we build people: we invest in our team, promote on performance and dedication, and back it up with industry-leading training, certification, and leadership development. Safety is our top priority, and our record reflects it.

Position Summary

We're looking for a Guaranteed Maximum Price (GMP) Accountant to manage the financial side of our GMP contracts. You'll track project costs against the guaranteed maximum price, maintain job cost and WIP records, reconcile change orders and contingency, and keep Project Managers, Estimating, and leadership working off accurate, current numbers. This role is central to protecting margin on our largest, most complex projects.

Key Responsibilities

• GMP contract accounting: Track actual project costs against the Guaranteed Maximum Price; monitor budget-to-actual variance and contingency draw-down through the project lifecycle.
• Job costing & WIP: Maintain accurate job cost records and prepare Work-in-Progress (WIP) schedules; support percentage-of-completion revenue recognition.
• Change order tracking: Record and reconcile approved change orders against the GMP; flag scope or cost changes that affect the guaranteed price.
• Owner billing: Prepare and submit monthly pay applications (AIA-style) per GMP contract terms; reconcile owner payments to billed amounts.
• Contingency & shared savings: Calculate and reconcile contingency and shared-savings provisions at project closeout per contract terms.
• Subcontractor cost tracking: Track subcontractor buyout, commitments, and cost-to-complete against budget.
• Reporting: Prepare project cost reports and variance analysis for Project Managers, Estimating, and leadership.
• Compliance: Ensure GMP accounting practices align with contract terms, GAAP, and company policy.
• Collaboration: Work closely with Project Managers, Estimating, and Accounting/Finance to keep budgets, forecasts, and billing aligned.

Qualifications

Required

• Bachelor's degree in Accounting, Finance, or a related field (or equivalent experience).
• 2+ years of construction accounting experience; GMP or cost-plus contract experience strongly preferred.
• Working knowledge of job costing, WIP schedules, and percentage-of-completion accounting.
• Proficiency with accounting/ERP software (e.g., Sage, Viewpoint, Procore) and Microsoft Excel.
• Strong attention to detail and ability to reconcile complex project financials.
• Excellent communication skills; comfortable working cross-functionally with Project Managers and Estimating.

Preferred

• CPA or actively pursuing CPA.
• Experience with commercial electrical or specialty subcontractor accounting.

Work Environment

• Primarily office-based in Liberty, MO.
• Standard office hours, with occasional deadline-driven crunch at month-end and project closeout.

What We Offer

Competitive pay (DOE) and a generous benefits package - Medical, Dental, Vision, PTO, six paid holidays, and a 401(k) with generous match - plus performance-based bonuses and real room to grow in a merit shop that promotes on contribution, not tenure.

Bart's Electric is an equal opportunity employer. We never discriminate based on race, religion, national origin, gender, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status.

Accessibility: If you need an accommodation as part of the employment process, please contact Human Resources at
Phone: [phone]
Email: [e-mail]
Equal Opportunity Employer, including disabled and veterans.
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