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Senior Cost Accountant

Company: Fcl Builders Llc
Location: Itasca
Posted on: January 16, 2022

Job Description:

The Senior Cost Accountant will manage construction cost reports, project budgets, and oversee the internal cost accounting reporting for FCL. This role will work closely with Project Managers and Senior Management in all regions to ensure effective management of cost and revenue budgets and financial forecasts. The Cost Accountant will review customer contracts to ensure that projects are billing per contract requirements and will produce billing, costing, and cash flow reports for the region. Travel 25-40%.

Responsibilities

  • Assist Project Managers with change management and ensure cost and revenue budgets are updated both timely and accurately.
  • Reconcile contracts and calculate profitability.
  • Review and analyze regional Project Financial Review (PFR) reports.
  • Analyze the accounting and associated billing requirements in all the region's projects to ensure that projects to ensure that projects are being billed per contract requirements.
  • Perform internal audits of region's cost reports, which includes periodic travel out of NE Region project sites.
  • Facilitate training for region's projects on cost reporting, budgeting, change management etc.
  • Work closely with Regional VP to manage the financial risk and potential for projects.
  • Develop billing and cash flow reports on regional projects.
  • Assist accounting management in the development of FCL's ERP system and automation of cost reporting.
  • Develop thorough understanding of FCL's WIP reporting and assisting Accounting Management with the monthly financial reporting for the Region.
  • Reviews and understands prime contract and change orders, including GCs, insurance, taxes, payment terms and labor laws on NE Region projects.
  • Follows and implements proper internal controls and acts as main point of contact for any external financial audits.

    Qualifications
    • Minimum five years of construction cost accounting experience.
    • Strong Microsoft Office skills, including advanced level of Excel (pivot tables, v-h lookups, etc.)
    • Strong communication skills, with proven ability to coherently explain complex accounting and financial data and reports.
    • Self-motivated with the ability to prioritize in a fast-paced environment.
    • Travel 25 - 40%by Jobble

Keywords: Fcl Builders Llc, Chicago , Senior Cost Accountant, Accounting, Auditing , Itasca, Illinois

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