Cost Accountant
2 weeks ago
We’re currently seeking a talented
Cost Accountant , who will report to the CEO. This will be a full-time position and the Cost Accountant is expected to work on-site at our office in Downtown Los Angeles.
A successful candidate is very comfortable with analytics and accounting. They will be collaborating with the CEO and other executives and department heads who establish goals and budgets for the organization.
Essential Functions:
Included, but not limited to:
Analyze and track project costs, including expenses, labor, materials, and overhead costs.
Prepare budgets for projects and forecast future costs. Ensures that projects stay on budget and identifies potential cost overruns.
Develop and analyze cost standards.
Carry out cost-volume-profit (CVP) analysis, including for small businesses.
Establish costs of business processes such as administration, labor, shipping, etc.
Perform account reconciliations.
Prepare audit reports and present findings to management.
Recommend changes to the company’s processes and policies to reduce cost and maximize profit.
Create financial reports and statements specific to each project, summarizing financial performance and providing insights to project managers and stakeholders.
Compare actual project costs to the budget and identify any variances. Investigates the reasons behind cost discrepancies and takes corrective actions.
Verify contract and change order characteristics for [projects that are medium-sized and/or of a moderate-level of complexity, including reading and interpreting contract language, method of compensation, modifications.
Effectively communicate with Project Managers and support staff regarding contract documents, change orders and other contract modifications.
Report on project profitability to management.
Ensure the financial integrity of project reporting through analysis of weekly and monthly job cost reports.
Request insurance certificates from subcontractors.
Manage the company’s balance sheet and accounting books.
Prepare invoices for clients based on project costs and ensure that billing is accurate and complies with contractual agreements.
Education and Experience:
To perform this job successfully, an individual must be able to perform each essential responsibility satisfactorily. These requirements are representative, but not all-inclusive.
Bachelor’s degree with a concentration in Accounting, Business or Economics.
Two to four years of in-depth knowledge and understanding of project-based cost accounting.
Strong project management and organizational skills and a deep knowledge of cost accounting and analysis is required.
Must be proficient with MS Office (Word, Excel, PowerPoint, Outlook) and any other accounting software that enhances the company’s goals.
Required Knowledge/Skills/Abilities:
To perform the job successfully, an individual should demonstrate the following competencies to
perform the essential functions of this job.
Job Knowledge : Understands facets of job, aware of duties and responsibilities, keeps job knowledge current.
Problem Solving : Strives to understand contributing factors, works to resolve complex situations.
Interpersonal Skills: Builds strong relationships, is flexible/adaptable, works well with others, solicits feedback, maintains confidentiality.
Communication:
Communicates well (both written and verbal), delivers presentations, has good listening skills, edits work for spelling and grammar, presents numerical data effectively, and can read and interpret written information.
Teamwork : Accountable to team, works to meet established deliverables, appreciates view of team members, respectful
Dependability:
Meets deadlines, works independently, accountable, maintains focus, punctual and maintains good attendance record.
Safety and security : Promote and personally observe safety and security procedures and uses equipment and materials properly.
WHY OVER J?
At Over J, we’re OVER-the-moon about our team and know we couldn’t do the amazing work we do without them. Because of that, we make it our top priority to support our talented team members with compensation, benefits, and perks that inspire them to be and do their best work every day
Over J is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment where all employees thrive. We encourage all interested candidates to apply, even if you don’t meet 100% of the qualifications listed above. We’re looking for TALENT not pedigrees.
BENEFITS
Multiple medical plans to choose from
50% employer-paid medical, dental & vision plans and 100% life & AD&D insurance coverage for employees. Effective on the first of the month following the date of hire.
Employer-matched 401(k) plan
24/7 access to coaches & mental health benefits
Monthly commuter stipend of $115.00
Monthly technology stipend of $25
10 days of paid time off per year with unlimited accrual
6 days of paid sick time per year
Hybrid work environment (option to work remotely on Fridays)
Volunteering and learning & development opportunities.
Fully stocked kitchen (occasionally lunches and happy hours too)
Team building events and activities throughout the year.
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