Strategic Project Cost Accountant

Turner Construction Company; Toledo (OH); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan

Health Savings Account

Flexible Spending Account

Paid vacation

Parental leave

Tuition reimbursement

Employee referral bonuses

End-of-year appreciation pay

Job summary

Turner Construction Company in Toledo, OH is seeking an experienced Finance professional to oversee project accounting and cost analysis, ensuring compliance with GAAP and company policies. You will provide financial administration, analyze costs, manage cash flow, and guide project profitability.

You will partner with Operations, support month-end close, manage vendor invoices and collaboration with Shared Services, and mentor junior staff while handling multiple projects across the division.

Qualifications

• Bachelor’s Degree in Accounting, Finance, Engineering, Construction Management, or related field; minimum 3 years of related experience, 1 year as project accountant or equivalent
• Thorough application of accounting principles (GAAP) and company policies
• Professional written and verbal communication skills with ability to tailor communication to various organizational levels
• Ability to educate others to identify risks and reinforce compliance with company financial practices and policies
• Analytic ability to review and assess financial data, interpret trends, and recognize inconsistencies
• Knowledgeable of cash flow and able to implement procedures to optimize profitability
• Exercises independent judgment and discretion to identify problems and initiate corrective action
• Ability to manage competing activities, requests, and short-cycle deadlines
• Applies innovation to improve overall operations
• High degree of organizational skills with exceptional attention to detail
• Self-motivated, adaptable, and flexible in a complex environment
• Travel may be required

Responsibilities

• Provide financial analytical support that drives strategic outcomes for assigned projects and implements financial procedures for complex contracts and joint ventures
• Partner with Operations to review project budgets reflecting risk and profitability
• Communicate and elevate project risks to senior leadership and supervisors
• Monitor billing and accounts receivables and address issues
• Maintain financial internal controls for assigned projects
• Guide Project Financial launch with Project Operations and Turner Shared Services; manage AP and month-end close
• Monitor project cash position and mitigate financial risks to improve profitability
• Oversee project assets and rentals with insurance documentation
• Prepare financial analyses, reports, and cost reports (BARs/CABs)
• Analyze forecasts and re-forecasts for contract compliance
• Support financial closeout and audit requests
• Participate in on-site meetings and budget forecasting
• Provide oversight and mentorship to junior accounting staff
• Other duties as assigned

Skills

GAAP

Financial analysis

Communication

Cash flow management

SAP

Textura

MS Excel

Project accounting

Attention to detail

Independent judgment

Education

Bachelor’s Degree in Accounting, Finance, Engineering, Construction Management, or related field

Tools

SAP

Textura

Job description

Division:	Toledo
Project Location(s):	Toledo, OH 43604 USA
Minimum Years Experience:
Travel Involved:
Job Type:	Regular
Job Classification:	Experienced
Education:	Bachelors Degree
Job Family:	Finance
Compensation:	Salaried Exempt

Position Description:Provide comprehensive financial administration, perform accounting and cost analysis, and provide fiscal management and cost guidance for assigned projects in support of regulating fiscal compliance with company policies and procedures.

Essential Duties & Key Responsibilities:

• Provide financial analytical support that drive strategic outcomes for assigned projects (project size may vary and may have multiple project assignments) and implement financial procedures, including complex contract types and joint ventures.
• Partner with Operations team to review project budgets accurately and properly reflects risk and potential enhancements in line with owner contract and Turner policies and procedures.
• Communicate and escalate project risks to project senior leadership and supervisors.
• Understand client contractual requirements, monitor billing and accounts receivables as appropriate, and address or escalate issues.
• Implement and maintain financial internal control safeguards for assigned projects.
• Laise with and provide guidance to project Operations and Turner Shared Services (TSS) teams to maximize accounting support including establishing structures for Project Financial launch during project setup, manage Accounts Payables (AP) for vendors’ and subcontractors’ invoice processing (as appropriate) and aligned with proper sales and use tax reporting requirements, and oversee month-end close processes and/or post or accrue client bills and project costs as appropriate.
• Monitor and understand project cash position, assess project financial risks, and work with project senior leadership and team to implement strategies to mitigate risks and enhance profitability.
• Oversee project assets and rentals for proper insurance documentation in collaboration with project team.
• Prepare financial analyses, informational reports, and special analysis to validate financial outcomes of assigned projects.
• Accumulate, audit, and correlate information to produce required cost reports, including Budget Analysis Reports (BARs) and Cost-Audited BARs (CABs).
• Analyze project forecasts and re-forecasted projections to confirm accuracy and compliance with contract terms.
• Support project financial closeout to secure final contract amounts and meet closeout documentation requirements.
• Participate and support with internal and external audit requests.
• Attend and participate in on-site meetings, Operations Review Meetings (ORMs), budget reviews, and forecasting sessions.
• Provide oversight of work and mentor junior accounting staff to develop skills and learn cost processes as applicable.
• Other activities, duties, and responsibilities as assigned.

#LI-MF1

The salary range for this position is estimated to be 80,000.00 - 110,000.00 USD annualized.

Turner Construction provides flexible benefits, including medical, dental, and vision coverage, financial benefits such as a 401(k) plan, Health Savings Account, Flexible Spending Account, wellness benefits, a voluntary legal plan, identity theft, life insurance, and short-term and long-term disability coverage.

In addition to our extensive benefits offerings, we provide paid vacation, wellness/sick time, holidays, paid parental leave, tuition reimbursement, employee referral bonuses, and end-of-year appreciation pay.

Qualifications:

• Bachelor’s Degree from accredited degree program in Accounting, Finance, Engineering, Construction Management, or related field of study, and minimum of 3 years of related experience, with at least 1 year as project account, or equivalent combination of education, training, and experience
• Thorough application of accounting principles (GAAP) and company policies
• Professional written and verbal communication skills with ability to deliver and tailor communication to various organizational levels
• Ability to educate others to identify risks and reinforce compliance with company financial practices and policies
• Analytic ability to review and assess financial data, interpret trends, and recognize inconsistencies
• Knowledgeable of cash flow and able to implement procedures to optimize profitability
• Exercises independent judgment and discretion with ability to identify problems and initiate corrective action
• Ability to manage competing activities, requests, and short-cycle deadlines
• Applies innovation to offer and implement suggestions to improve overall operations
• High degree of organizational skills with exceptional attention to detail
• Self-motivated, adaptable, and flexible to operate with minimal direction in a complex and changing environment
• Proficient with financial system applications (e.g., SAP, Textura) and Microsoft Office suite of applications with advanced MS Excel skills
• Travel may be required

  Physical Demands:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, climb, balance, stoop, kneel, crouch, crawl, use hands to finger, handle or feel objects, tools, or controls, and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is regularly required to be mobile, and the employee may regularly travel both short and long distances via a variety of conveyances. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.

  Work Environment:The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee regularly works in an office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee occasionally work at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes, or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws.

Turner is an Equal Opportunity Employer - race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other characteristics protected by applicable law.