Discover the essential requirements, duties, responsibilities, and skills needed for a Construction Accountant job description.
What does a Construction Accountant do?
A construction accountant is responsible for managing the finances of construction projects. They create budgets, analyze costs, and review contracts to ensure that all expenses are tracked and managed.
Job Description
We are seeking an experienced construction accountant to join our team. In this role, you will be in charge of overseeing the accounts of various construction projects. This includes creating detailed budgets, reviewing supplier contracts, evaluating production costs, and verifying invoice statements.
To be successful in this role, you should have strong business skills and be able to minimize costs through efficient accounting. A top construction accountant is also detail-oriented and has a high level of financial accuracy.
Job Duties and Responsibilities
- Work with project managers to develop a detailed and cost-effective budget for each project.
- Perform accounting tasks throughout the project, such as creating invoices, estimating cash flow, and approving purchase orders.
- Analyze all financial transactions and incorporate any unexpected costs into the budget.
- Maintain records of all project finances for audits and tax purposes.
- Prepare cost analyses by interpreting financial data and information from projects.
- Report any financial risks or discrepancies in the budget to management.
- Research market trends and predict changes in construction-related costs.
- Develop and maintain relationships with vendors and suppliers.
- Stay updated on developments in the construction and accounting industries.
Requirements and Qualifications
- Bachelor's degree in accounting, finance, or a related field.
- Certification in construction accounting is preferred.
- At least 3 years of experience in private or public accounting.
- Strong knowledge of construction cost accounting and financial procedures.
- Familiarity with accounting software like QuickBooks and NetSuite.
- Understanding of the construction industry.
- Excellent analytical and mathematical skills.
- Attention to detail and high level of accuracy.
- Effective communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.
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