Director of Accounting
2 weeks ago
Director of Accounting, Jennings Mechanical
Position Summary
The Director of Accounting is responsible for overseeing all accounting operations for Jennings Mechanical, ensuring accurate financial reporting, compliance with GAAP, and effective financial controls. This role reports to the CFO and plays a critical part in managing job cost accounting, revenue recognition, and supporting strategic financial decision-making in a project-based environment. This role will also play a key role in the implementation and roll-out of a new ERP system (Spectrum) over the next six months.
Key Responsibilities
Accounting & Financial Reporting
· Own the month-end, quarter-end, and year-end close processes
· Ensure accurate and timely preparation of financial statements in accordance with GAAP
· Manage the general ledger, reconciliations, and financial reporting processes
· Oversee revenue recognition using percentage-of-completion or other applicable methods
Construction-Specific Accounting
· Manage job cost accounting, including tracking costs, budgets, and profitability by project
· Analyze and manage over/under billings in accordance with job cost accounting and percentage-of-completion revenue recognition
· Review and analyze work-in-progress (WIP) schedules and job cost reports
· Oversee billing processes, including progress billings, retainage, and change orders
· Collaborate with project managers to monitor project financial performance
Compliance & Controls
· Ensure compliance with federal, state, and local regulations
· Maintain strong internal controls and accounting policies
· Coordinate external audits, reviews, and tax filings
· Ensure compliance with bonding, lender, and insurance requirements
Leadership & Management
· Lead, mentor, and develop the accounting team
· Establish best practices, streamline processes, and improve efficiencies
· Partner with finance, operations, and executive leadership to support company goals
Strategic Support
· Provide financial analysis and insights to support budgeting and forecasting
· Assist in cash flow management and financial planning
· Support system implementations or upgrades (e.g., ERP or construction accounting software)
Qualifications
Education & Experience
· Bachelor's degree in Accounting or Finance (Master's preferred)
· 10+ years of progressive accounting experience, including at least 3 years in a similar leadership role
· Strong experience in construction accounting required
Skills & Knowledge
· Deep understanding of construction accounting principles and job costing
· Strong knowledge of GAAP and financial reporting
· Experience with construction accounting software
· Excellent leadership, communication, and analytical skills
· High attention to detail and strong organizational skills
Work Environment
· Office-based in North Charleston, SC with collaboration across project and executive teams
· Occasional travel to project sites may be required
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