Sr. Cost Accountant
Robert Half New York
We are seeking a Sr. Cost Accountant to join our team in New York, New York. This role offers a contract to hire employment opportunity in the construction industry. As a Sr. Cost Accountant, you will play a key role in managing job costing, handling WIP, CIP, retainage, change orders, and Asset Management.
Responsibilities:
- Collection of monthly pay applications from contractors, subcontractors, and vendors.
- Working closely with external stakeholders to collect and verify banking information.
- Setting up new vendors, contracts, and T& M billings adhering to company policies.
- Reviewing and entering progress bills, estimates, and contracts into Sage Intacct.
- Ensuring job cost accuracy per project in collaboration with project management.
- Facilitating regular communication between Maintenance and Construction departments for overlapping projects.
- Conducting cost analysis and recommending cost-saving strategies.
- Taking an active role in month-end and year-end closing.
- Posting necessary journal entries.
- Performing Balance sheet account reconciliations.
- Running on-hand inventory reports and comparing them with the general ledger.
- Analyzing and investigating any significant inventory variances, be it favorable or unfavorable.
- Coordinating with operations for period end cut-off and any inventory adjustments.
- Executing inventory reconciliations at period end and investigating variances. • Minimum of 5 years of experience in a senior cost accounting role or similar
- Proficiency in using accounting software systems
- Familiarity with ADP - Financial Services
- Experience with BlackLine and Costpoint
- Knowledge of DCAA regulations and requirements
- Comprehensive understanding of accounting functions
- Experience in auditing and budget processes
- Proficiency in cost accounting and cost analysis
- Experience in construction accounting, construction cost, and construction estimating
- Familiarity with the construction industry and construction projects
- Knowledge of construction plans and schedules
- Ability to handle account reconciliation, including balance sheet account reconciliation, bank account reconciliation, and cash reconciliations
- Experience in adjusting journal entries, general journal, and month-end journal entries
- Ability to perform month-end close activities, monthly balance sheet reconciliation, and monthly bank reconciliation
- Experience in monthly reporting and variance analysis
- Ability to reconcile balance sheet accounts, bank accounts, cash, and inventory
- Experience in construction-to-permanent loan processes, portfolio construction, pre-construction, and preconstruction activities
- Familiarity with the monthly close process and monthly closings
- Knowledge of monthly financial close processes and monthly invoicing
- Ability to prepare and review journal entries.
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