Cost Accountant

1. Education: Bachelor's degree in accounting, finance, or a related field or 2-3 years work experience in an accounting role.
2. Experience: Previous experience in cost accounting, preferably within the construction industry. Familiarity with construction accounting principles, job costing, and project management is highly desirable.
3. Skills:

• Strong analytical skills.
• Proficiency in accounting software and Microsoft Excel.
• Attention to detail and accuracy.
• Excellent communication and teamwork skills.
• Problem-solving abilities.
• Adaptability to changing project requirements.
• Ethical standards and integrity in financial reporting.

1. Variance Analysis: Monitor actual costs against budgeted amounts, identifying and investigating variances to ensure project profitability and financial accuracy.
2. Billing and Invoicing: Collaborate with project managers to prepare accurate and timely client invoices based on project milestones and completed work.
3. Contract Management: Review construction contracts, change orders, and subcontractor agreements to ensure compliance with financial terms and conditions.
4. Risk Management: Identify and assess financial risks associated with construction projects, proposing mitigation strategies as needed.
5. Compliance: Ensure compliance with accounting standards, regulatory requirements, and company policies and procedures.
6. Process Improvement: Continuously evaluate and improve cost accounting processes and procedures to enhance efficiency and accuracy.
7. Cross-functional collaboration: Work closely with project managers, estimators, procurement staff, and others to support project objectives and financial goals.
8. Audit Support: Assist with internal and external audits by providing documentation, explanations, and analysis related to project costs and financial transactions.

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