Accountant POST NUMBER: 426516
Job Summary
The Accountant will be responsible for managing the financial transactions, project accounting, and reporting for a construction company. This position involves monitoring project budgets, ensuring compliance with financial regulations, and preparing accurate financial reports. The ideal candidate is a detail-oriented professional with strong knowledge of accounting principles and experience in the construction industry.
Key Responsibilities
- Financial Reporting: Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow reports, on a monthly, quarterly, and annual basis.
- Project Accounting: Manage and track the financial performance of construction projects by monitoring job costs, progress billing, and contract payments. Ensure proper allocation of expenses to specific projects.
- Accounts Payable (AP): Oversee the AP process, including reviewing vendor invoices, ensuring accuracy, approving payments, and managing subcontractor agreements and lien waivers.
- Accounts Receivable (AR): Prepare and send client invoices, manage collections, track payment schedules, and follow up on outstanding accounts.
- Budgeting & Forecasting: Assist in the preparation of annual budgets, project cost forecasts, and financial plans. Track project budgets and provide variance analysis against actual expenditures.
- Reconciliation: Reconcile bank statements, project accounts, and other financial records to ensure accuracy. Investigate discrepancies and resolve issues promptly.
- Cash Flow Management: Monitor cash flow to ensure that sufficient funds are available for project expenses and company operations. Provide recommendations to improve financial stability.
- Payroll & Labor Cost Tracking: Oversee payroll processing and ensure accurate allocation of labor costs to projects. Ensure compliance with labor laws, union agreements, and relevant contracts.
- Compliance: Ensure compliance with financial regulations, including tax filings, sales tax, W-9s, and 1099s. Prepare documentation for internal and external audits.
- Job Costing: Track and analyze job costing information, including materials, labor, and overhead expenses. Provide detailed reports to project managers and stakeholders.
- Internal Controls: Maintain strong internal controls to safeguard company assets and ensure the integrity of financial data.
- Collaboration: Work closely with project managers, procurement, and estimating teams to ensure accurate financial tracking and reporting for all projects.
- Audit Support: Assist with preparing and providing documentation for internal and external audits.
Qualifications & Skills
- Bachelor’s degree in Accounting, Finance, or a related field required.
- 3-5 years of accounting experience, preferably in the construction industry.
- Strong understanding of GAAP and job cost accounting.
- Proficiency in accounting software such as QuickBooks, Sage, Viewpoint, or other industry-specific programs.
- Advanced knowledge of Microsoft Excel and other Microsoft Office applications.
- Excellent attention to detail and organizational skills.
- Strong problem-solving and analytical abilities.
- Ability to handle multiple tasks and meet deadlines in a fast-paced environment.
- Familiarity with construction project management software is a plus.
- Strong communication and interpersonal skills to collaborate with cross-functional teams.
Working Conditions
- Primarily office-based with occasional visits to construction job sites.
- Full-time position with typical hours Monday to Friday, 8:00 AM to 5:00 PM, with possible extended hours during busy periods.
Salary & Benefits
- Competitive salary, based on experience and qualifications.
- Comprehensive benefits package including health, dental, and vision insurance.
- 401(k) retirement plan with company matching.
- Paid time off (PTO), holidays, and other benefits.
This position offers an excellent opportunity for a dedicated professional to contribute to the financial success of a growing construction company.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.