Job Title: Cost Accountant
Location: Northern California
Roles & Responsibilities
The Cost Accountant is responsible for all aspects of a project’s accounting from the commencement of a project until the project is finalized. The Cost Accountant works closely with the Estimator and project management personnel to ensure accurate recognition of project revenue and costs. In general, this includes accurate and timely billing of contract and maintaining and analyzing cost reports, contract and budget maintenance, collections and subcontracts.
- Make sure SOVs are properly set up in Vista for job billings
- Understand cost overruns and over/under billings on projects and be able to articulate to field personnel and management what the reasons and resolutions are for the overruns and under billings
- Reach out to PMs and PEs for monthly quantities and ensure we are billing for all costs timely and properly.
- Track extra work authorizations and alert the PM and Estimator if work is being performed without the proper client authorization.
- Run cost reports mid-month and review cost reports for accuracy. Research and note any variance from the most current budget. Complete cost code audits as necessary to verify correct job costs.
- Review job correspondence and note any billing or cost related issues.
- Review job progress on a monthly basis with field personnel. Obtain billing information to prepare monthly job progress billings as per each customer’s requirements and verify over/under billing status.
- Report projects billed each month to the A/R manager so releases can be requested in a timely manner and not delay payment from client.
- Monitor receivables and contact customers for payment and/or change order status. Inform the Estimator and field personnel of any collection problems.
- Obtain subcontract progress billing information and accurately accrue subcontract payables by receiving against purchase orders.
- Assist Project Managers with subcontractor change order billings in Vista
- Each month meet with management and field personnel to forecast projected final revenue and cost in WIP meetings.
- Research and verify incoming change orders and reconcile contract revenue on a monthly basis and confirm with project manager
- Record job cost reclassifications as needed following analysis of job cost reports and transactions.
- Participate in weekly cash meetings and be prepared to discuss status of outstanding bills
- Annually prepare audit contract revenue confirmations
- Other duties as assigned.
- Requires good oral communication skills to communicate effectively with clients, employees, management and outside vendors.
- Requires concentration, alertness, and attention to detail.
- Requires the ability to work with others under minimal supervision.
- Must be able to comprehend and follow oral and written instructions and procedures.
- Must be able to work under pressure and adapt to changing conditions.
- Must be able to work with others and be a team player.
- Must be able to read and write the English language.
- Must be able to perform mathematical calculations.
- Duties are varied and regularly require analysis, judgment and discretion. Must be able to prioritize work.
- Must present a courteous, efficient and professional demeanor, even under stressful situations.
- Must possess excellent organizational abilities.
- This is a full-time benefited position.
- Valid driver’s license and clean driving record required.
- Compensation DOE: $70,000 – $120,000 Annually
Please email resumes to [email protected]
Independent Construction is an equal opportunity employerApply