Senior Construction Cost & Project Accounting Lead

Koury Corporation; Greensboro (NC); On-site; USD 65,000 - 85,000; Full time

Job summary

Koury Corporation in Greensboro, NC seeks an experienced accounting professional to support construction and project accounting. You will prepare monthly, quarterly, and annual reports, oversee job cost and billings, and ensure accurate cost coding and progress milestones.

The role involves close collaboration with the construction team, month-end closings, intercompany reconciliations, loan administration, and ERP system improvements. Prior construction accounting experience is highly valued.

Qualifications

• Ability to work in a fast-paced environment.
• 4-5 years of progressive accounting experience, preferably in construction or general contracting, experience with job costing and project accounting.
• Ability to take initiative, self-start, and manage multiple deadlines independently - exceptional time management.
• Sage 300CRE / MRI PMX / AutoDesk experience is preferred.
• Demonstrates exceptional attention to detail when entering, reviewing, and reconciling financial information.
• Good working knowledge of MS Office software.
• Strong analytical, organization and problem-solving skills.
• Strong interpersonal skills.
• Professional demeanor and positive attitude.

Responsibilities

• Prepare monthly, quarterly, and annual reports for capital planning, job cost, debt, construction in progress and other ad hoc reports for functional areas as necessary.
• Primary accounting contact with construction department to research and resolve errors and issues in job cost, percentage completion, billing, and projected expenditures.
• Review and monitor job cost transactions to ensure costs are properly coded to the appropriate project, cost code, phase, and general ledger account.
• Monitor progress of jobs – from set up to completion and movement of the job to a proper fixed asset account.
• Maintain accurate job cost phases (predevelopment to construction in process).
• Complete project manager time, equipment and trailer cost entries within accounting software.
• Prepare, review, and oversee customer and construction project billings.
• Prepare monthly draw requests for construction loans and monthly or quarterly escrow draw requests for loans.
• Ensure accurate percentage of completion calculations.
• Heavily assist with month-end closing procedures - Monthly reconciliation of notes payable, accounts receivable, escrows, prepaid loan fees, predevelopment cost, construction in progress, investment, cash surrender value of life insurance, intercompany, income tax liability accounts, multifamily entries, and other reconciliations as necessary.
• Assist Accounts Payable Manager in the GL research and corrections, especially in relation to intercompany transactions.
• Maintain bank account documentation to support financial operations and accounting, especially in relation to loan administration.
• Maintain loan agreements and documentation (e.g., loan agreements, amortization schedules, debt ledgers, etc.) to support financial records and reporting.
• Set up drafts for notes payable and ensure note payments are paid timely and recorded accurately and timely.
• Maintain life insurance policy information to support financial records and reporting
• Set up drafts for life insurance premiums, ensure note payments are paid timely and recorded accurately and timely.
• Coordinate communication with tax jurisdictions over tax issues as necessary by coordinating with CFO and outside tax firm.
• Participate in continuous improvement initiatives to enhance financial processes and reporting, such as an ERP software implementation.
• Assist with Annual External Audit.

Skills

Fast-paced environment

Initiative

Time management

MS Office

Analytical

Interpersonal skills

Professional demeanor

Tools

Sage 300CRE

MRI PMX

AutoDesk

Job description

Koury Corporation in Greensboro, NC seeks an experienced accounting professional to support construction and project accounting. You will prepare monthly, quarterly, and annual reports, oversee job cost and billings, and ensure accurate cost coding and progress milestones.

The role involves close collaboration with the construction team, month-end closings, intercompany reconciliations, loan administration, and ERP system improvements. Prior construction accounting experience is highly valued.