Cost Accountant | Construction

Description

• Prepare financial analyses, informational reports, and special analysis to validate financial outcomes of assigned projects.
• Support project financial closeout to secure final contract amounts and meet closeout documentation requirements.
• Oversee project assets and rentals for proper insurance documentation in collaboration with project team.
• Travel may be required
• Partner with Operations team to review project budgets accurately and properly reflects risk and potential enhancements in line with owner contract and Turner policies and procedures.
• Provide financial analytical support that drive strategic outcomes for assigned projects (project size may vary and may have multiple project assignments) and implement financial procedures, including complex contract types and joint ventures.
• Participate and support with internal and external audit requests.
• Attend and participate in on-site meetings, Operations Review Meetings (ORMs), budget reviews, and forecasting sessions.
• Understand client contractual requirements, monitor billing and accounts receivables as appropriate, and address or escalate issues.
• Monitor and understand project cash position, assess project financial risks, and work with project senior leadership and team to implement strategies to mitigate risks and enhance profitability.
• Applies innovation to offer and implement suggestions to improve overall operations
• Communicate and escalate project risks to project senior leadership and supervisors.
• Accumulate, audit, and correlate information to produce required cost reports, including Budget Analysis Reports (BARs) and Cost-Audited BARs (CABs).
• Provide oversight of work and mentor junior accounting staff to develop skills and learn cost processes as applicable.
• Laise with and provide guidance to project Operations and Turner Shared Services (TSS) teams to maximize accounting support including establishing structures for Project Financial launch during project setup, manage Accounts Payables (AP) for vendors’ and subcontractors’ invoice processing (as appropriate) and aligned with proper sales and use tax reporting requirements, and oversee month-end close processes and/or post or accrue client bills and project costs as appropriate.
• Implement and maintain financial internal control safeguards for assigned projects.
• Analyze project forecasts and re-forecasted projections to confirm accuracy and compliance with contract terms.

Requirements

• Professional written and verbal communication skills with ability to deliver and tailor communication to various organizational levels
• Self-motivated, adaptable, and flexible to operate with minimal direction in a complex and changing environment
• Ability to manage competing activities, requests, and short-cycle deadlines
• Thorough application of accounting principles (GAAP) and company policies
• Analytic ability to review and assess financial data, interpret trends, and recognize inconsistencies
• Bachelor’s degree from accredited degree program in Accounting, Finance, Engineering, Construction Management, or related field of study, and minimum of 3 years of related experience, with at least 1 year as project account, or equivalent combination of education, training, and experience
• Ability to educate others to identify risks and reinforce compliance with company financial practices and policies
• Exercises independent judgment and discretion with ability to identify problems and initiate corrective action
• Knowledgeable of cash flow and able to implement procedures to optimize profitability
• High degree of organizational skills with exceptional attention to detail
• Proficient with financial system applications (e.g., SAP, Textura) and Microsoft Office suite of applications with advanced MS Excel skills

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance