What are the responsibilities and job description for the Cost Accountant position at Ledgent?
We are seeking an experienced Cost Accountant with a background in the construction industry and expertise in job cost platforms to join our clients team. The ideal candidate will play a crucial role in managing and optimizing the financial aspects of our construction projects. This position requires a strong understanding of construction accounting principles, excellent analytical skills, and proficiency in job cost software systems. If you are a detail-oriented professional with a passion for accuracy and a desire to contribute to the success of our construction projects, we encourage you to apply.
Responsibilities:
We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Responsibilities:
- Cost Analysis and Reporting:
- Analyze project budgets, actual costs, and variances to ensure projects are on track financially.
- Prepare detailed cost reports and financial summaries for construction projects.
- Monitor and report on project profitability and financial performance.
- Job Cost Management:
- Maintain and update job cost accounting records for multiple construction projects.
- Allocate project costs to appropriate cost centers and accounts.
- Review and validate cost allocations and ensure accuracy.
- Budgeting and Forecasting:
- Collaborate with project managers to develop project budgets and forecasts.
- Assist in the creation of annual budgets for construction projects.
- Provide financial insights to support budget adherence.
- Variance Analysis:
- Investigate and explain cost variances between budgeted and actual expenses.
- Identify areas for cost savings and process improvements.
- Communicate findings to relevant stakeholders.
- Financial Compliance:
- Ensure compliance with industry-specific accounting standards and regulations.
- Assist in the preparation of financial statements and reports for internal and external stakeholders.
- Collaboration:
- Work closely with project managers, estimators, and other team members to provide financial guidance and support.
- Collaborate with the finance team to integrate project data into the overall financial reporting system.
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA certification preferred.
- 3 years of cost accounting experience in the construction industry.
- Strong knowledge of construction accounting principles, cost control, and financial analysis.
- Excellent analytical and problem-solving skills.
- Attention to detail and a commitment to accuracy.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Familiarity with construction contracts and project management processes is a plus.
We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
Salary : $80,000 - $100,000
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