*Job Overview:*
● Create the financial statements and supporting information systems to include budgeting, projections, financial reporting, work in progress schedule, tax planning, cash flow management and backlog.
● Implement and coordinate changes and improvements in automated financial and management information systems.
● Ensure compliance with local, state and federal income, sales and payroll tax requirements, as well as union requirements.
● Oversee the approval and processing of requisitions/invoices, payments to subcontractors, purchasing, department budgets, payroll, ledger, account maintenance and data entry.
● Coordinate the preparation of financial statements, financial reports including project reports – WIP and backlog.
● Develop and implement finance, accounting, billing and auditing procedures.
● Establish and maintain appropriate internal control safeguards.
● Interact with project managers and chief estimator to provide consultative support to planning initiatives through financial and management information analyses, reports and recommendations.
● Ensure financial records and systems are maintained in accordance with generally accepted accounting principles.
● Prepare and maintain cash flow reports.
● Analyze cash flow, cost controls and expenses to guide management and owner.
Analyze financial results to pinpoint potential weak areas.
● Establish and implement short- and long-range departmental goals, objectives, policies and operating procedures.
● Represent externally to government agencies, banks, sureties and insurance brokers and carriers.
● Coordinate external audits with outside accounting firm and governmental agencies or unions
● Recruit, train, supervise and evaluate accounting department including payroll, AP, AR.
*Responsibilities:*
* *Project Financial Management:*
* Collaborate with project managers to develop project budgets and forecasts.
* Monitor project financial performance, identifying and addressing variances.
* Track and report on project costs, ensuring accurate and timely financial information.
* *Cost Control:*
* Implement cost control measures to ensure projects stay within budget.
* Analyze cost trends and provide recommendations for cost-saving opportunities.
* Review and approve project-related invoices and expenses.
* *Financial Reporting:*
* Prepare and present accurate financial reports for construction projects.
* Ensure compliance with accounting standards and regulations.
* Provide financial insights to project stakeholders.
* *Contract Management:*
* Review construction contracts to understand financial implications.
* Monitor contract compliance and address any financial discrepancies.
* Work closely with legal and procurement teams on contract negotiations.
* *Cash Flow Management:*
* Manage project cash flows, including invoicing and collection.
* Analyze cash flow projections and address any potential issues.
* Optimize working capital for construction projects.
* *Audit Support:*
* Assist in financial audits related to construction projects.
* Provide documentation and support for audit inquiries.
* Implement audit recommendations for process improvements.
*Qualifications:*
● 7 to 10 years of accounting experience in the construction industry
● Bachelor’s degree in accounting
● Certified Public Accountant (CPA) preferred
● Strong organizational, written and verbal communication skills
● Strong leadership skills
● Strong analytical/technology skills, with a focus on accuracy, and attention to detail
Job Type: Full-time
Pay: $75,000.
00 - $90,000.
00 per year
Benefits:
* 401(k)
* 401(k) matching
* Dental insurance
* Health insurance
* Life insurance
* Paid time off
* Vision insurance
Experience level:
* 3 years
Schedule:
* 8 hour shift
* Monday to Friday
Ability to Relocate:
* New York, NY: Relocate before starting work (Required)
Work Location: In person
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