Construction Cost Accountant Job at Northern Plains Railroad
Cost Accountant - Grand Forks, ND (Full-Time)
Location: Grand Forks, ND
Job Type: Finance/Accounting
Job Title: Cost Accountant Department: Accounting Reports to: Director of Finance
Job Status: Full Time Schedule: M-F, 8:00-4:30
Summary:
NPRC is looking for a detailed oriented Cost Accountant to focus on our construction operations. Monitoring, tracking, and creating matrix based on job performance.
Essential Duties and Responsibilities but are not limited to:
- Develop and maintain a job cost environment for the construction business line and other various companies
- Developing cost standards for materials and labor
- Analyzing production costs and identify areas of concern
- Coordinate physical inventory with cycle counts and validate cost of goods sold as part of monthly close-out
- Analyzing business operations, equipment availability and utilization
- Maintaining cost accounting system and cost ledger
- Work with the construction team ensuring proper compliance with accounting procedure and job cost monitoring.
- Analyzes, reviews, and assists in preparation of the annual business plan and financial forecast.
- Participate in the formation and implementation of project financial plans
- Communicate routinely with construction team on a variety of job-related topics
- Evaluating the effectiveness of project reporting software and supporting database, as needed
- Record and process job production costs while tracking financial commitments, recognizing revenue, and generating project profitability reports.
- Maintain an ongoing work in progress report
- Effectively communicate with construction team regarding contract documents, change orders, and other contract modifications
- Enter and reconcile construction estimates and daily field reports
- Run work-in-progress reports and complete weekly analysis reports
- Assist with developing and monitoring business performance metrics to provide weekly status updates to management
- Reconcile monthly subcontractor billings
- Review and enforce subcontractor compliance
Competencies:
To perform this job successfully, an individual should demonstrate the following competencies:
- Exceptional business acumen; analytical, forecasting, reporting, modeling.
- Strong data analysis and problem-solving skills; detail oriented.
- Working knowledge of accounting principles including Generally Accepted Accounting Principles.
- Ability to effectively plan, organize and use independent judgement to meet necessary deadlines.
- Valid driver’s license.
Physical Demands:
Reasonable accommodations may be made to enable individuals with disabilities to perform the physical demands listed below:
- Occasionally lift 50 lbs.
- Sit for long periods of time.
- May require occasional travel to various facilities and provide additional services.
Education and Training:
- Bachelor’s Degree in Accounting or Finance
- 5-7 years’ experience in cost accounting; construction industry preferred
- Strong Microsoft Excel skills, with the ability to manipulate and develop data into workable models and projections, as well as proficiency in Microsoft Office applications.
- Familiarity with Sage 100 preferred
This job description is not intended to represent a complete, comprehensive list of all duties and responsibilities that may be required in this position. There may be unplanned activities and other duties assigned.
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