Cost Accounting Manager jobs in Springfield, MA

The Accounting Manager will oversee and manage all accounting functions within the company, ensuring accuracy and compliance with industry regulations and company policies. This role will involve managing financial reporting, budgeting, cost control, and financial analysis specific to construction projects. Will work with several layers in the construction industry and must have a strong understanding of project-based accounting.

Responsibilities

• Financial Reporting and Analysis:

Prepare and review monthly, quarterly, and annual financial statements in conjunction with the Controller.

Analyze financial performance and provide actionable insights to senior management.

Monitor project budgets, expenditures, and financial forecasts.

• Project Cost Management:

Work with Project Managers to understand how they track and manage construction project costs, including labor, materials, and subcontractor expenses.

Ensure accurate allocation of costs and timely billing to clients.

Conduct variance analysis to identify discrepancies and recommend corrective actions.

• Budgeting and Forecasting:

Develop and manage annual budgets for various projects and departments.

Prepare financial forecasts and cash flow projections.

Collaborate with project managers to ensure budget adherence and cost efficiency.

• Compliance and Internal Controls:

Ensure compliance with accounting standards, tax regulations, and company policies.

Develop and implement internal controls to safeguard company assets.

Help support external audits and tax filings.

• Team Management:

Supervise and mentor accounting staff, providing guidance and support as needed (A/R, A/P, billing, etc.).

Conduct performance evaluations and facilitate professional development opportunities.

Foster a collaborative and productive work environment.

• Financial Systems and Procedures:

Oversee the maintenance and enhancement of accounting systems and software.

Streamline and improve accounting processes and procedures.

Ensure timely and accurate processing of accounts payable and receivable.

• Communication and Coordination:

Collaborate with project managers, estimators, and other stakeholders to ensure financial alignment.

Communicate financial performance and issues to senior management.

Assist in the development of financial strategies and business plans.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required
• CPA or CMA designation preferred
• Minimum of 5 years of accounting experience, with at least 2 years in a managerial role
• Strong knowledge of accounting practices.
• Proficiency in accounting software and financial management systems.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Effective communication and interpersonal skills.
• Strong knowledge of construction accounting practices, including job costing and contract management a plus
• Must be able to pass a background check and drug screening
• Standard office environment
• Based in Westfield, travel to other sites as required

We are looking for motivated people who want to join a thriving Company committed to Powering Productivity and above all else Safety to the Next Level.

Our History: Elm Electrical, Inc., was founded in 1971 on the values of Quality, exemplary Workmanship and Service, and, above all, Safety. We have expanded from our main facility in Western Massachusetts, and now have branches in Central Massachusetts and Connecticut. In addition to our formidable presence in the service industrial and commercial sectors, Elm also has growing divisions dedicated to Automation and Systems Integration, 24-7 Service and Support, Control Panel Assembly, Electrical Preventative Maintenance, Contracting Services, and more. We are truly a Single-Source Solution.

Safety to the Next Level: Elm Electrical focuses on bringing Safety to the Next Level by maintaining Continuing Education, up-to-date OSHA and MSHA training, and other State and Federal regulations, where employees earn certificates and continually improve their skills. Elm Electrical is a proud recipient of prestigious recognition for outstanding commitment to workplace safety receiving Platinum, Gold and Silver Awards throughout the years.

The Power to Change Your Future: We believe our Employees are our greatest asset. We value resourcefulness, curiosity, diversity, and adaptability. We are an Equal Opportunity Employer looking for motivated, team-orientated, eager-to-learn people. If you are ready to accelerate your career and personal growth, apply to join our True Blue Team!

• Industrial Electrical Contractor

Full-time