Staff Accountant

Adolfson & Peterson Construction; Minneapolis (MN); On-site; USD 64,000 - 96,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Health Savings Account

401(k)

Flexible Spending Accounts

PTO & Holidays

Tuition Assistance

Employee Referral Bonus

Job summary

Adolfson & Peterson Construction seeks a Staff Accountant to support regional accounting functions, including budgeting, forecasting, subcontractor payments, and project accounting such as job cost and revenue processing.

The role requires a bachelor’s degree in accounting/finance and 2+ years of accounting experience, with proficiency in Excel and Word. Travel to regional sites may occur; strong attention to detail is essential.

Qualifications

• Bachelor’s degree in accounting, finance, or related field and 2+ years accounting experience; CPA not required.
• Demonstrated financial acumen with analyses for business decisions.
• Proficiency in Microsoft Office; Excel and Word; familiarity with construction accounting software.

Responsibilities

• Own and improve project cost tracking and billings processes.
• Prepare project forecasts and budgets with detail for leadership review.
• Review job cost summaries and ensure accuracy of earned revenue and billings.
• Support regional operations with financial audits and forecasting.
• Supervise subcontractor payments and ensure compliance with terms.
• Support month-end close and variance analysis for projects.

Skills

Financial acumen

Excel

Communication

Education

Bachelor’s degree in accounting/finance

Tools

Microsoft Excel

Microsoft Word

Construction accounting software

Job description

We build trust among our communities and our people by cultivating the right team for every job. We are committed to fostering a creative and collaborative culture with a focus on career growth and balance in the workplace.

AP has diligently built a strong foundation of expertise, experience and exceptional results. We continually invest in our talented team by providing the latest tools, technologies and training necessary to stay ahead of the curve. We set our employees up for long-term success through mentorship opportunities and professional growth and advancement for every person in every role.

We recognize the contributions of our team members with unique experiences and capabilities and strive to establish a work environment that maximizes our collective potential. Going beyond the build for our employees lays a strong foundation for success across AP. We commit to a balanced, value-centered work environment for meaningful projects, careers and talent.

Job Description:

Adolfson and Peterson Construction is currently hiring for a Staff Accountant to be based out of our national office in Bloomington (moving soon to Edina). This role will be responsible for supporting regional accounting functions including budgeting, forecasting, subcontractor payments and relations, and/or project accounting including, but not limited to, job cost and revenue processing, tracking, and review.

Responsibilities:

• Take personal responsibility for working safely within an Incident and Injury Free (IIF) culture.
• Keep financial operations of the region compliant with company expectations, processes, and controls.
  • Comply with internal financial processes.
  • Collaborate with project teams to maximize the profit potential on all work performed by AP.
  • Comply with mitigation steps resulting from the project risk assessment.
• Assist with the preparation of project billings, job cost tracking, and cash flow management analyses.
  • Build, update, and communicate financial forecasts with the appropriate level of detail.
  • Review job cost summaries and profit projections to ensure financial integrity; evaluate and compare earned revenue and billings; validate final contract values. Prepare work in progress and completed contract schedules for small projects.
  • Monitor project budget set-ups for compliance and capture costs.
  • Prepare supporting documentation for monthly project progress billings and payment applications.
• Partner with the regional operations team by providing financial audits and project forecasting and analyses.
  • Create and/or update financial tracking tools and reports for each project.
  • Work with project leaders to understand and explain actual costs versus planned costs.
• Review and supervise subcontractor and vendor payments and performance.
  • Review subcontract terms and language for consistency and compliance with company financial expectations.
  • Monitor subcontractor joint check agreements, tax levies, and bankruptcy notices.
  • Monitor payments and pay discounts to subcontractors, including, but not limited to, verifying that all required supporting documentation (i.e. lien waivers, credit information, Rider C, and signed subcontracts) has been received. Assist in the resolution of contractor disputes.
  • Respond to subcontractor audit and surety confirmation requests.
• Other duties as assigned.

Requirements:

• History of progressively more experience and proven results including:
  • Bachelor’s degree in accounting, finance, or related field and 2+ years of accounting experience, preferably in the A/E/C industry. Public accounting experience preferred.
  • Demonstrated financial acumen, including experience creating financial analyses for business decision support.
  • Proficiency in Microsoft Office including Excel and Word. Familiarity with construction accounting software preferred.
• Demonstrated integrity and ethical standards.
• Developed skills (written, oral, and listening) in order to effectively communicate with diverse audiences.
• Ability to efficiently manage multiple projects and priorities simultaneously under time constraints.
• Ability to drive to the core of complex issues and provide insightful and constructive feedback.
• Ability to travel to other regions on an infrequent basis.
• Demonstrated high attention to detail.

Estimated Pay:

$64,000.00 - $96,000.00

Benefits:

• Medical, Dental, Vision and Life Insurance
• Health Savings Account
• 401(k)
• Flexible Spending Accounts (Dependent & Medical Reimbursement)
• Paid Time Off (PTO) and HolidaysTuition Assistance Program
• Employee Referral Bonus

Adolfson & Peterson Construction’s (AP) ability to adapt and innovate has driven our success for more than 80 years. We are consistently ranked among the top construction managers and general contractors in the nation while maintaining one of the safest records in the industry. We bring positive and measurable change to the communities where we live, work and build. And we invest in new processes and technology to be operationally excellent and remain at the forefront of the ever-changing industry.

We have been committed to quality, innovation, safety and strong relationships since our beginning in 1946. AP offers preconstruction, construction and contracting services to commercial, education, healthcare, hospitality, industrial, multifamily, municipal, data center, and senior living markets with offices across Arizona, Colorado, Minnesota, North Dakota, Texas, and Wyoming. We employ more than 850 team members who strive for excellence and embody loyalty, trust and genuine love for what they do.

We go beyond the build for our communities and our people.

Adolfson & Peterson Construction is an Equal Employment Opportunity Employer