Staff Accountant IV - Construction Industry

Job Title

Staff Accountant IV - Construction

Job Summary

Staff Accountant IV is a senior‑level accounting professional responsible for managing complex accounting tasks specific to the construction industry. This role involves overseeing financial reporting, budgeting, compliance, internal controls, reconciliations, licensing, cash receipts, intercompany invoicing, consolidation, banking, tax preparation, and quarterly reporting. The Staff Accountant IV will work closely with the Controller, accounting staff, senior management, and other stakeholders to ensure accurate and timely financial information and strategic financial insights.

Duties/Responsibilities

Project Accounting and Financial Reporting

• Prepare and review monthly WIP report.
• Conduct detailed financial analysis of project costs, identifying trends, variances, and opportunities for improvement.

Budgeting and Forecasting

• Maintain financial forecasts.

Compliance and Internal Controls

• Ensure compliance with GAAP, company policies, and relevant construction industry regulations.
• Maintain and monitor internal controls to safeguard company assets and ensure financial accuracy.
• Support corporate personnel with external and internal audits, addressing any identified issues promptly.

Reconciliations

• Perform and oversee monthly reconciliations of general ledger accounts, including bank reconciliations, accounts receivable, and accounts payable.
• Work with accounting team to ensure timely resolution of discrepancies and variances identified during reconciliations.
• Maintain detailed and organized records to support audit and review processes.

Journal Entries

• Prepare accrual, expense allocation, inter‑company, and other miscellaneous journal entries on a monthly basis.
• Ensure all journal entries are accurately recorded and properly supported by documentation.

Equipment and Fixed Asset Management

• Maintain and update the fixed asset register, ensuring accurate records of equipment and assets owned by the company.
• Track the acquisition, depreciation, and disposal of assets, ensuring compliance with accounting standards and company policies.
• Coordinate with the operations team to ensure accurate tagging and physical tracking of all equipment and fixed assets.
• Assist in conducting periodic physical inventory checks and reconciling discrepancies with the fixed asset register.
• Assist in preparation of reports on asset utilization, depreciation schedules, and asset valuations as needed for financial reporting.

Licensing and Permits

• Assist as needed accounting aspects of obtaining and maintaining necessary licenses for construction projects.

Cash Receipts and Intercompany Invoicing

• Post cash receipts daily, accurately and timely, ensuring proper allocation and recording.
• Prepare and process monthly intercompany invoices, ensuring accurate billing and reconciliation between entities.

Consolidation and Financial Statements

• Perform consolidation of financial statements for two entities, ensuring accuracy and completeness.
• Prepare consolidated financial statements, including eliminations and adjustments as necessary.

Banking

• Manage all banking activities, including account reconciliations, deposits, and withdrawals.

Tax Preparation and Reporting

• Compute and prepare city, state, county, and property taxes, ensuring compliance with all tax regulations and deadlines.
• Prepare and submit quarterly and annual tax reports, maintaining detailed records for audit and review purposes.

Team Leadership and Development

• Lead and mentor junior accounting staff, providing guidance and support in their professional development.
• Foster a collaborative and high‑performance work environment, encouraging continuous improvement and innovation.

Systems and Process Improvement

• Assist in the implementation of new accounting software and tools as needed, providing training and support to team members.
• Other duties as assigned.

Required Skills/Abilities

• Broadly applied software including Microsoft Office Suite, advanced knowledge using Microsoft Excel, experience is a must.
• Proficiency in accounting software Sage 300 Construction and Real Estate and other financial tools.
• Ethics:
  High ethical standards and integrity, with a…