Cost Accountant

At Steed Global, our mission is to build strong foundations through innovation and purpose across diverse industries. We are committed to enhancing communities by creating impactful solutions for our customers and changing the world for the better - one meaningful transformation at a time. We are “Built on Strength, driven by opportunity” and we want you to S.T.A.R.T. S. Service: Commitment to serving customers and community  T. Teamwork: Collaboration and support among team members  A. Accountability: Owning responsibilities and actions  R. Respect: Valuing diverse perspectives and contributions  T. Trust: Building confidence and reliability   Accountant I - Cost AccountantThe Accountant I – Cost Accountant at Steed Global (Steed) is a valuable and trustedmember of the finance team, reporting to the Finance Director. A cost accountant atSteed analyzes and tracks operational costs of an assigned business unit, manages thefinancial aspects of multiple construction projects, ensuring accurate and timely cost andrevenue reporting. Manages the financial performance of construction projects bytracking costs, analyzing variances between actual and estimated costs, processinginvoices, and ensuring regulatory compliance. This role acts as a liaison between andinvolves collaborating with the controller, the project managers, superintendent, andbusiness unit managers, to control spending, provide financial insights to team membersin status of cost, and support decision-making to optimize profitability and ensureprojects remain on budget. Other accounting tasks might be assigned by the financedirector or controller as appropriate or needed. The position offers a collaborative teamenvironment with opportunities for growth.Key Responsibilities Cost analysis: Analyze and track costs associated with the assigned businessunit, its production, inventory, and operation expenses. Review, analyze, andtrack cost related to construction projects, including vendor payments andcharges for labor, equipment, and materials. Maintain and update project information in the company’s ERP system to reflectbillings, changes from supplemental agreements, change-orders (CO), or othermodifications. Financial reporting: Prepare regular reports comparing standard costs to actualcosts and provide analysis to the PM and management. WIP Meeting: Attend and participate in WIP meetings and present the WIP reportand related reports and comparisons of budget to actuals. Work with PM’s andoperations management to understand progress status and results. Adjustexpected job margins as needed and prepare the monthly job schedule,managing accounts for costs in excess of billings and billings in excess of costs. Create and distribute weekly, monthly, and annual job cost reports formanagement and project teams, including variance and performance analyses.Investigate variances between standard and actual costs, determine root causes,and recommend solutions. Budgeting and forecasting: Assist with budget preparation, long-term financialplanning, and cost forecasting. Process improvement: Identify opportunities for cost savings and work with otherdepartments to implement cost-efficient strategies. Auditing: Conduct internal cost audits and assist with external audits as directedby the finance director. Supporting other accountants with invoicing and capital expenditure. Processmiscellaneous billings and assist with other tasks as needed to support the team.Qualifications Strong understanding of accounting principles and A/R and A/P processes. Minimum of 3-5 years of relevant experience in accounting with a focus on A/Pand cost accounting. Experience with accounting software. Experience with Acumatica is a plus. Knowledge of construction and work-in-progress(WIP) concepts. Strong WIP knowledge incorporated with G702 and G703 billing experience. Ability to multi-task and work in a fast-paced environment. Strong problem-solving skills and attention to details. Excellent communication and organization skills. Previous experience in a similar role in the construction industry is a plus. Minimum of a bachelor’s degree in accounting, or relevant experience. Proficiency in Microsoft Excel, Procore, and related tools.Benefits Competitive salary compensation package, based on experience andqualifications. Comprehensive benefits package, including full health, vision, and dentalinsurance for employees and their families. Paid Time Off (PTO) to support a healthy work-life balance. Opportunities for professional development and continuing education toenhance career growth. A supportive and collaborative work environment focused on teamwork andinnovation.Join Steed Global as a Cost Accountant and advance your career with a premiercommercial concrete company. Apply today to lead impactful projects while thrivingin a dynamic, rewarding environment with outstanding benefitsPI1d1a0c0e49cc-30511-38978118