Senior Cost Accountant: Project & Labor Costing

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

Benefits offered by this job

Bonus

401 K

Job summary

Ilocatum in Canonsburg, PA is seeking a detail-oriented Senior Cost Accountant to lead project accounting and develop labor-based absorption rates for pricing, billing, and margin analysis.

The role supports financial reporting, GL activities, and month-end close, analyzes costs and variances, and prepares management reports. Requires 3–5 years cost accounting experience, a BA in Accounting, GAAP knowledge, and ERP experience (Microsoft Dynamics preferred).

Qualifications

• Bachelor’s degree in Accounting or related field.
• 3–5 years of accounting experience.
• Understanding of GAAP and general ledger accounting.
• Experience in project/cost accounting; staffing/professional services experience preferred.

Responsibilities

• Develop, maintain, and periodically update absorption rates for labor burden and for consumables to ensure full cost recovery and accurate pricing.
• Perform project accounting including job cost tracking, unbilled revenue accruals, and profitability reporting.
• Analyze pay rate vs. bill rate spreads and gross margin by customer/project; develop pricing reports.
• Reconcile timekeeping, payroll, and billing data to ensure labor costs are captured against correct projects.
• Collaborate with operations teams to review cost centers, expense coding, allocations, and address discrepancies.
• Support monthly close for multiple entities, including journal entries and account reconciliations.
• Prepare documentation for external auditors and interact with banks/insurance companies as needed.
• Assist Controller with financial analysis, system changes, and process improvements.

Skills

Analytical skills

Time management

Communication skills

Education

Bachelor’s degree in Accounting or related field

Tools

Microsoft Dynamics

ERP systems

Job description

Ilocatum in Canonsburg, PA is seeking a detail-oriented Senior Cost Accountant to lead project accounting and develop labor-based absorption rates for pricing, billing, and margin analysis.

The role supports financial reporting, GL activities, and month-end close, analyzes costs and variances, and prepares management reports. Requires 3–5 years cost accounting experience, a BA in Accounting, GAAP knowledge, and ERP experience (Microsoft Dynamics preferred).