Senior Accountant
Senior Accountant
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Salary Not Disclosed
1 Vacancy
Job Description
Position Purpose
We are seeking an experienced Senior Accountant with a strong background in construction accounting to oversee the daytoday accounting operations related to construction projects. The ideal candidate will have a deep understanding of constructionspecific accounting principles such as percentageofcompletion (ASC 60535 revenue recognition (ASC 606 job costing retainage and pay applications. Expertise in Coupa NetSuite and Procore is required. The role will focus on dayday as well as the monthend and yearend close processes ensuring accurate reporting compliance with industry standards and efficient accounting operations for construction projects.
Responsibilities
- Daily Accounting Functions: Manage daytoday accounting activities including accounts payable accounts receivable payroll and general ledger entries related to construction projects.
- Revenue Recognition & Job Costing: Apply ASC 606 (Revenue from Contracts with Customers) and ASC 60535 (ConstructionType and ProductionType Contracts) to ensure accurate percentageofcompletion revenue recognition and job costing.
- Retainage & Pay Applications: Oversee the preparation and review of progress billings (pay applications) ensuring accurate tracking of retainage and compliance with contract terms for revenue recognition per ASC 606.
- Contract Accounting: Ensure accurate tracking and accounting of projectrelated costs including direct costs subcontractor costs and change orders.
- MonthEnd & YearEnd Close: Lead the monthend and yearend close processes ensuring accurate posting of financial transactions and reconciliation of accounts. Prepare financial statements in accordance with US GAAP
- Payroll Processing: Oversee payroll processing for construction. Ensure proper allocation of labor costs to individual projects and departments and union payments
- Software Proficiency: Use Coupa for procurement and expense management NetSuite for accounting and financial reporting and Procore for projectbased job costing. Ensure seamless integration and accurate data flow between these platforms.
- Audit Preparation: Prepare necessary documentation and schedules for internal and external audits ensuring compliance with all relevant accounting standards and regulations.
- Process Improvement: Identify and recommend improvements to accounting processes and systems to enhance efficiency accuracy and compliance within the construction accounting function.
Qualifications :
Qualifications
- Experience: Minimum of 5years of accounting experience with at least 3 years in the construction industry including expertise in job costing percentageofcompletion retainage and pay applications.
- Education: Bachelors degree in accounting.
- Certifications: CPA (or CPA track) preferred.
- Technical Expertise: Strong knowledge of ASC 606 (Revenue from Contracts with Customers) and ASC 60535 (ConstructionType and ProductionType Contracts).
- Software Experience: Proficiency in Coupa NetSuite and Procore is good to have.
- Industry Knowledge: Solid understanding of construction accounting practices including revenue recognition job costing progress billing and retainage.
- Audit & Compliance: Experience preparing for and coordinating internal and external audits ensuring adherence to GAAP and construction industry regulations.
- Advanced Excel Skills: Strong proficiency in Excel including the use of pivot tables and V/H/X lookups.
Additional Information :
KNOWLEDGE SKILLS ABILITIES AND COMPETENCIES
- Expertise in GAAP IFRS and regulatory compliance (e.g. tax laws SarbanesOxley).
- Industryspecific practices such as job costing and revenue recognition.
- Financial management including budgeting forecasting and cost analysis.
- Understanding of international accounting practices and crossborder financial regulations.
- Proficiency in accounting software (e.g. SAP QuickBooks Oracle).
- Advanced Excel skills (e.g. pivot tables macros financial modeling).
- Financial reporting reconciliations and data analysis.
- Strong leadership and team management abilities.
- Effective communication for presenting financial information to stakeholders.
- Excellent problemsolving and decisionmaking skills.
- Attention to detail and commitment to accuracy in financial work.
- Adaptability to changing regulations priorities and cultural business environments.
- Time management to meet strict deadlines for monthend/yearend close.
- Strategic thinking and risk management to contribute to longterm goals.
- Continuous learning to stay updated on accounting standards and industry trends.
- Ability to navigate complex international transactions and compliance requirements.
T5 Data Centers is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race color sex religion sexual orientation national origin disability genetic information pregnancy or any other protected characteristic as outlined by federal state or local laws.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
