Project Construction Cost Accountant- Salary up to $85K

Job DescriptionJob Description

Project Construction Cost Accountant- Direct Hire- Salary up to $85K

KeyStaff Professionals is partnering with a dynamic, growing construction firm that is expanding their team and adding a Project Construction Cost Accountant to manage the financial aspects of multiple construction projects, ensuring accurate and timely cost and revenue reporting. This role serves as a key liaison between project teams and the accounting department, helping to monitor performance, resolve issues, and provide insights through detailed reports and analysis. This opportunity offers a collaborative team environment with room to grow.

Responsibilities

• Project Budget Management: Maintain and update project information in the ERP system ensuring budgets reflect changes from supplemental agreements, change orders, or other modifications.
• Cost Monitoring: Review and track project costs, including vendor payments and charges for labor, equipment, and materials.
• Revenue Allocation: Process monthly revenue schedules from customers, allocate payments between general contractors and subcontractors, and manage subcontractor payments.
• Financial Analysis: Work with Project Managers to process and verify payment vouchers, cash flow projections, and project estimates. Prepare variance analyses to understand project performance.
• Retainage Oversight: Monitor and reconcile retainages receivable from customers and payable to subcontractors.
• Margin Tracking: Adjust expected job margins as needed and prepare the monthly job schedule. This includes managing accounts for costs in excess of billings and billings in excess of costs.
• Reporting: Create and distribute weekly, monthly, and annual job cost reports for management and project teams, including variance and performance analyses.
• Compliance Reporting: Compile trucking usage data and submit required compliance reports to MNDOT.
• Project Close-Outs: Manage administrative tasks to close construction contracts, ensuring compliance with documentation and reporting requirements. Coordinate with project teams to collect outstanding retainages and finalize contracts.
• Billing and Miscellaneous Duties: Process miscellaneous billings and assist with other tasks as needed to support the team.

Qualifications

• Associate or bachelor’s degree in accounting, Finance, or Business.
• 5+ years of experience in accounting, particularly in managing construction project costs and revenue, including retainages, revenue recognition, and subcontractor management.
• Skilled in MS Excel and Outlook; ERP experience (Vista Viewpoint ).
• Strong attention to detail, with the ability to analyze and organize complex financial information.
• Excellent verbal and written communication skills; able to collaborate with diverse teams across the organization.
• Dependable, adaptable, and team-oriented with a proactive attitude.
• Familiarity with Vista Viewpoint or similar ERP systems.
• Experience in preparing compliance reports and handling project close-outs in the construction industry.

Midwest Staffing Group & KeyStaff Professionals prohibits discrimination against any employee or applicant for employment because of , , , creed, , , , ancestry, marital status, familial status, , , , expression, veteran status, genetic information, status with regard to public assistance, and any other characteristics protected by applicable state, federal and/or local laws.

Company DescriptionMidwest Staffing Group has been providing our clients in the Minneapolis and St. Paul metro area with talent since 1990, with a recent expansion to Fargo, North Dakota in 2022. Midwest Staffing Group offers full-service contract, contract to hire, direct placement staffing and recruiting solutions.Company DescriptionMidwest Staffing Group has been providing our clients in the Minneapolis and St. Paul metro area with talent since 1990, with a recent expansion to Fargo, North Dakota in 2022. Midwest Staffing Group offers full-service contract, contract to hire, direct placement staffing and recruiting solutions.