FEC - Accountant - Operational Finance

Turner Construction Company•San Antonio, TX

About The Position

The Accountant performs, manages, and leads day-to-day accounting operations and financial reporting for construction projects. The role guides project teams on compliance with Turner financial policies and procedures and maintains transparent communication about project financial health with Finance and project management teams. It serves as a primary point of contact for project accounting questions and escalated issues, mentors and trains accounting staff, and supports consistent, accurate project accounting practices. The role oversees project billing, accounts receivable and payable coordination, cash position, work-in-progress reporting, month-end close, and year-end accounting tasks. It reviews project contracts, invoices, ledgers, costs, and forecasts for compliance with contract requirements, GAAP, and company policy. The Accountant also contributes to process improvement, including efforts to reduce manual work and incorporate AI and other innovative technologies. The position is based in San Antonio, Texas. It regularly involves office work in a usually quiet-to-moderate noise environment, with occasional travel. The employee must follow company safety policies, procedures, and applicable laws. The estimated annual salary range is $80,000 to $115,000.

Requirements

Bachelor’s degree from an accredited program in Accounting, Finance, or a related field, with at least 3 years of related experience, or an equivalent combination of education, training, and experience.
Advanced knowledge of accounting policies, procedures, and Generally Accepted Accounting Principles (GAAP), including journal entries and the general ledger.
Working knowledge of Accounts Payable and Accounts Receivable best practices, such as invoice exception resolution and vendor or customer account maintenance.
Understand the accounting implications of contract terms.
Understand construction lien laws, retainage requirements, and prevailing wage regulations as applicable to project accounting.
Maintain internal controls and confidentiality when handling sensitive financial information.
Follow established procedures and execute directions to completion without management follow-up.
Be a self-starter who is adaptable and flexible, and able to work with minimal direction in a fast-paced, changing environment.
Educate others and reinforce compliance with company financial practices and policies.
Review and assess financial data, identify risks, interpret trends, and recognize inconsistencies.
Understand cash flow and implement procedures to optimize profitability.
Know Work-in-Progress reporting and percentage-of-completion accounting methods applicable to construction projects.
Manage competing activities, requests, and short-cycle deadlines.
Exercise independent judgment and discretion, identify problems, recommend resolutions, and resolve or escalate issues promptly.
Be highly organized and detail-oriented, maintain accuracy, self-check work and the work of others, and meet deadlines.
Demonstrate a customer-service mindset and professional verbal and written communication skills, tailoring communication to different organizational levels and stakeholders.
Meet the physical demands of the role, including frequent sitting, climbing, balancing, stooping, kneeling, crouching, crawling, using hands to handle objects or controls, reaching, talking, hearing, and frequent computer use; regularly lift or move up to 10 pounds and occasionally up to 25 pounds.

Responsibilities

Serve as the primary contact for project Finance accounting questions and escalated issues, providing guidance and promoting best practices.
Follow company and Finance policies, procedures, financial system workflows, approval requirements, record retention processes, and project coding requirements.
Mentor and guide the Accounting team on financial policies, project accounting procedures, and system workflows.
Train and support accounting staff using training materials, resource guides, and on-the-job instruction.
Prepare timely, accurate audit deliverables and organize supporting documentation.
Coordinate with the Shared Services Organization on Accounts Receivable and Accounts Payable activities.
Participate in continuous improvement reviews to reduce manual effort, improve accuracy and timeliness, standardize workflows, and incorporate AI and other innovative technologies.
Lead implementation of Finance procedures that ensure compliance with client contractual billing and accounts receivable requirements.
Analyze client contracts to determine billing deadlines, payment terms, reimbursable expenses, insurance and fee billing agreements, and approved staff or trade labor billing rates.
Audit client billing and project ledgers for compliance with contract requirements, GAAP, and company policy, and confirm billings align with cost reporting to support accurate forecasts.
Manage project cash position, including over- or under-billing, payment status, and profitability; identify risks and coordinate with clients, vendors, and project stakeholders.
Analyze Accounts Payable activity and review project cost trends, statements, and ledgers; resolve risks, gaps, and inconsistencies.
Review invoice coding and workflow approvals for alignment with Finance policies, contract terms, and Signing Authority and Approval Matrix requirements.
Monitor Work-in-Progress schedules and percentage of completion for assigned projects in line with GAAP and Turner policies; analyze forecasted WIP against actual results and report variances and insights to financial leadership.
Analyze client billing line-item budget-to-actual variances and identify cost exposures to improve forecasting accuracy and compliance.
Lead month-end close activities for assigned projects and generate owner invoices.
Ensure timely and accurate expense recognition for owner invoicing, including accrual support, journal entry preparation, and intercompany charge review.
Manage accounting tasks supporting project year-end activities, such as gross-up reports and account reconciliations.