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Cost Accountant

2 weeks ago

Helena, Montana, United States Steed Global Full time

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 Accountant

The Accountant I – Cost Accountant at Steed Global (Steed) is a valuable and trusted

member of the finance team, reporting to the Finance Director. A cost accountant at

Steed analyzes and tracks operational costs of an assigned business unit, manages the

financial aspects of multiple construction projects, ensuring accurate and timely cost and

revenue reporting. Manages the financial performance of construction projects by

tracking costs, analyzing variances between actual and estimated costs, processing

invoices, and ensuring regulatory compliance. This role acts as a liaison between and

involves collaborating with the controller, the project managers, superintendent, and

business unit managers, to control spending, provide financial insights to team members

in status of cost, and support decision-making to optimize profitability and ensure

projects remain on budget. Other accounting tasks might be assigned by the finance

director or controller as appropriate or needed. The position offers a collaborative team

environment with opportunities for growth.

Key Responsibilities

 Cost analysis: Analyze and track costs associated with the assigned business

unit, its production, inventory, and operation expenses. Review, analyze, and

track cost related to construction projects, including vendor payments and

charges for labor, equipment, and materials.

 Maintain and update project information in the company's ERP system to reflect

billings, changes from supplemental agreements, change-orders (CO), or other

modifications.

 Financial reporting: Prepare regular reports comparing standard costs to actual

costs and provide analysis to the PM and management.

 WIP Meeting: Attend and participate in WIP meetings and present the WIP report

and related reports and comparisons of budget to actuals. Work with PM's and

operations management to understand progress status and results. Adjust

expected 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 for

management 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 financial

planning, and cost forecasting.

 Process improvement: Identify opportunities for cost savings and work with other

departments to implement cost-efficient strategies.

 Auditing: Conduct internal cost audits and assist with external audits as directed

by the finance director.

 Supporting other accountants with invoicing and capital expenditure. Process

miscellaneous 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/P

and 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 and

qualifications.

 Comprehensive benefits package, including full health, vision, and dental

insurance for employees and their families.

 Paid Time Off (PTO) to support a healthy work-life balance.

 Opportunities for professional development and continuing education to

enhance career growth.

 A supportive and collaborative work environment focused on teamwork and

innovation.

Join Steed Global as a Cost Accountant and advance your career with a premier

commercial concrete company. Apply today to lead impactful projects while thriving

in a dynamic, rewarding environment with outstanding benefits