Director of Construction Accounting

Job Description

Job Description

We are looking for an experienced Director of Construction Accounting to lead and oversee financial operations for construction and development initiatives within our growing portfolio. This role is pivotal in ensuring accurate accounting processes, financial reporting, and strategic budget management across multiple projects. The ideal candidate will bring expertise in construction accounting and thrive in a leadership capacity, driving efficiency and excellence in financial operations.

Responsibilities :

• Oversee and manage all financial accounting processes for construction and development projects, ensuring accuracy and compliance.
• Collaborate with project managers to prepare, maintain, and monitor project budgets and expenditures.
• Analyze financial progress across multiple projects and effectively communicate insights to senior leadership.
• Manage the preparation and processing of change orders, budget revisions, and monthly construction billings.
• Verify vendor and subcontractor payments align with project timelines and regulatory requirements.
• Develop and implement sustainable financial accounting processes for construction initiatives.
• Ensure timely and accurate production of financial statements for construction and development departments.
• Maintain proper recording of job costs, budgets, and transactions to align with work breakdown structures.
• Provide strategic guidance and support to teams on accounting, projections, and contractual compliance.
• Train, mentor, and develop the construction accounting team to achieve departmental goals.
• Bachelor’s degree in Finance, Accounting, or a related field; advanced degree preferred.
• At least 7 years of experience in construction accounting, with 5+ years in a senior accounting role.
• Proven supervisory experience with strong leadership skills.
• Advanced proficiency in Microsoft Excel and familiarity with Yardi accounting software.
• Extensive knowledge of job costing, cash management, and percentage-of-completion accounting.
• Strong communication skills, both written and verbal, with the ability to present complex information clearly.
• Exceptional problem-solving abilities and analytical thinking.
• Ability to prioritize, multitask, and delegate responsibilities effectively under pressure.