Guaranteed Maximum Price (GMP) Accountant

Barts Electric Co; Liberty (MO); On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Medical

Dental

Vision

PTO

Holidays

401(k) match

Bonuses

Job summary

Bart's Electric in Liberty, MO, is seeking a GMP Accountant to manage the financial side of GMP contracts. You’ll track costs, maintain job cost and WIP records, reconcile changes and contingency, and keep Project Managers, Estimating, and leadership informed with accurate numbers. This role is central to protecting margin on large projects.

We offer a merit-based environment with growth opportunities, competitive pay, and a commitment to training and safety across our team.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 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 (Sage, Viewpoint, Procore) and Microsoft Excel.
• Strong attention to detail and ability to reconcile complex project financials.
• Excellent communication skills; cross-functional collaboration with PMs and Estimating.

Responsibilities

• GMP contract accounting: Track actual project costs against the GMP; 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.

Skills

GMP accounting

Cost tracking

WIP schedules

GAAP knowledge

Excel proficiency

ERP software (Sage, Viewpoint, Procore

Education

Bachelor's degree in Accounting

CPA (preferred)

Tools

Sage

Viewpoint

Procore

Microsoft Excel

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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