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Senior Construction/Project Accountant

Vaco

Vaco

Accounting & Finance
Birmingham, AL, USA
Posted on Dec 15, 2024

Senior Construction/Project Accountant POST NUMBER: 432477

Birmingham, AL, US On-Site
December 13th, 2024
Construction
Vaco
$ 75000.00 - 90000.00 yearly
direct hire
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Vaco is working with a long time client to continue to grow and develop the Accounting and Finance Team. They are adding a Senior Construction Accountant to the team and it could be YOU!! Do you have experience in project accounting or construction or development accounting? This could be the perfect role to take your experience to the next level. Apply today and let's see if you are a match!

Job Description
Responsible for managing and overseeing the financial activities within a project. This role ensures accurate accounting, budgeting, forecasting, and reporting to ensure projects are completed on time and within budget. The Construction Accountant collaborates with project managers, contractors, and finance teams to track project costs, process invoices, and maintain financial records.

Key Responsibilities:

  • Prepare accurate and timely financial statements, including profit and loss reports, balance sheets, and cash flow statements.
  • Track and report on project costs and ensure expenses are within budget.
  • Review, reconcile, and maintain general ledger accounts and project-based financial records.
  • Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders.
  • Assist in creating project budgets and financial forecasts.
  • Track changes in project scope and assess their financial impact.
  • Provide ongoing budget updates and recommendations to project managers and senior leadership.
  • Process and verify invoices related to construction projects (e.g., contractor payments, material costs).
  • Manage subcontractor payment processes and resolve any discrepancies
  • Ensure accurate billing and timely collection of payments from clients.
  • Monitor labor, material, and equipment costs to ensure project costs are within budget.
  • Conduct detailed cost analysis to identify areas for cost savings and efficiency improvements.
  • Maintain and update job cost records regularly, ensuring accurate allocation of costs to specific projects.
  • Review contracts to ensure financial terms are met and adhered to.
  • Communicate with vendors and subcontractors regarding payment terms, invoicing, and contractual obligations.
Qualifications:
  • Bachelor’s degree in Accounting, Finance, or related field. A CPA or CMA certification is preferred.
  • Proven experience as an accountant in the construction industry or similar field.
  • Strong understanding of construction accounting principles and practices.
  • Proficiency with accounting software (e.g., QuickBooks, Procore, Viewpoint) and Microsoft Excel.
  • Strong analytical skills, attention to detail, and problem-solving abilities.
  • Knowledge of industry-specific tax regulations, including sales tax and labor laws.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Excellent communication and interpersonal skills.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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