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JORDAN FOSTER CONSTRUCTION

Senior Project Accountant

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Description

The Senior Project Accountant is a critical role responsible for the comprehensive financial accounting of construction projects, supporting the Controller, the accounting department, and operations teams. This position requires a strategic mindset to oversee project financials, ensure compliance with accounting standards, and deliver detailed financial insights to support decision-making.

Essential Duties/Responsibilities:

  • Ensure timely and accurate posting of project transactions, including costs, billings, change orders, budget adjustments, and transfers.
  • Monitor and report on project progression during monthly Work In Progress (WIP) review meetings, providing actionable insights to management.
  • Collaborate with construction project managers to analyze project expenses and budget-to-actual reports, proactively identifying potential cost overruns and financial risks.
  • Oversee project cash flow management and aged receivables, implementing strategies to optimize financial performance.
  • Coordinate and facilitate project closeouts in collaboration with project managers, ensuring compliance with contract terms.
  • Lead the month-end close process, ensuring timely and accurate financial reporting in accordance with Generally Accepted Accounting Principles (GAAP).
  • Assist in the preparation and presentation of financial reports for stakeholders, delivering key insights and recommendations.
  • Manage and support special projects involving financial analysis and reporting as necessary.
  • Mentor and train junior accounting staff, enhancing team capabilities and performance.
  • Perform other related duties as assigned, adapting to the organization's evolving needs.

Required Skills/Abilities:

  • High proficiency in using a construction ERP system, with CMiC experience being a significant advantage.
  • In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and the construction industry accounting standards.
  • Advanced analytical and organizational skills with meticulous attention to detail, capable of managing complex financial data.
  • Exceptional interpersonal skills, both verbal and written, with the ability to communicate effectively with diverse stakeholders, including colleagues, leadership, and external partners.
  • Strong critical thinking and problem-solving skills, adept at analyzing issues and proposing innovative solutions.
  • Ability to maintain confidentiality and manage sensitive financial information securely.
  • Proficient in Microsoft Office Suite, particularly Excel, with skills in creating pivot tables, utilizing lookups, and generating complex financial reports.

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