Senior Cost Accountant: Project Cost & Margin Growth

Launching Point; Canonsburg (Washington County); On-site; USD 80,000 - 95,000; Full time

Benefits offered by this job

401(k)

Bonus

Job summary

Launching Point is seeking a detail-oriented Senior Cost Accountant to lead project accounting, develop labor-based absorption rates for pricing, billing, and margin analysis. The role also supports financial reporting, general ledger activities, and month-end close to maintain accurate financial records, analyze project costs and variances, and inform management decisions.

Bachelor's degree in Accounting and 3–5 years of experience are required; proficiency with an integrated ERP (Microsoft

Qualifications

• Proficiency with an integrated ERP and data entry systems; Microsoft Dynamics experience is a plus.
• Accounting experience with a strong understanding of general ledger accounting and financial reporting.
• Experience in project, job, or service-based cost accounting; staffing, professional services, or field services industry experience preferred.
• Knowledge of accounting principles and U.S. GAAP.

Responsibilities

• Develop, maintain, and periodically update absorption rates for labor burden (wages, payroll taxes, workers' compensation, benefits, travel/per diem, and training) and for consumables and materials passed through to customers, ensuring full cost recovery and accurate pricing and billing.
• Perform project accounting, including job/project cost tracking, unbilled revenue accruals, and project and customer profitability reporting.
• Analyze pay rate vs. bill rate spreads and gross margin by customer, project, and division; recommend pricing adjustments and develop reports communicating financial results, cost trends, and key performance indicators.
• Reconcile timekeeping, payroll, and billing data to ensure labor costs are accurately captured and charged to the correct projects.
• Work with divisional operations teams to review cost centers, expense coding, and allocations, resolve discrepancies, and provide recommendations to the Controller.
• Support the monthly close for multiple entities, including journal entries, U.S. GAAP account reconciliations, analysis of significant accounts, and general ledger maintenance.
• Prepare documentation for external auditors and interact with outside organizations, such as banks and insurance companies, as needed.
• Assist the Controller and management with financial analysis, system changes, process improvements, and strategic initiatives.

Skills

Analytical skills

Communication skills

Time management

Confidentiality

Education

Bachelor's degree in Accounting

3-5 years of experience

Tools

Microsoft Dynamics

Job description

Launching Point is seeking a detail-oriented Senior Cost Accountant to lead project accounting, develop labor-based absorption rates for pricing, billing, and margin analysis. The role also supports financial reporting, general ledger activities, and month-end close to maintain accurate financial records, analyze project costs and variances, and inform management decisions.

Bachelor's degree in Accounting and 3–5 years of experience are required; proficiency with an integrated ERP (Microsoft