Construction Accountant

HME Companies•Sioux Falls, SD

About The Position

HME Construction is a briefcase general contractor specializing in high-quality multi-family and senior living developments. They partner closely with owners, developers, and design teams to deliver complex projects with a strong focus on cost control, transparency, and long-term value. HME Construction is seeking a Construction Accountant to manage the financial aspects of multi-family and senior living projects from pre-construction through closeout. This role is critical in ensuring accurate job costing, lender draw reporting, progress billing, and compliance with contract and loan requirements.

Requirements

Must be able to pass background check
Hands-on construction accounting experience
Understands long-duration, multi-phase projects

Responsibilities

Set up and maintain job cost structures for multi-family and senior living projects
Track budgets, committed costs, forecasts, and cost-to-complete
Monitor labor, material, equipment, and subcontractor costs
Prepare and maintain Work-in-Progress (WIP) schedules
Identify and communicate cost overruns, underbilling, and financial risks
Prepare monthly owner and lender progress billings (AIA G702/G703)
Assemble construction loan draw packages, including schedules of values, stored materials, and required backup
Track contract values, approved change orders, and retainage
Ensure accurate revenue recognition in accordance with GAAP and percentage-of-completion accounting
Reconcile billed revenue to job costs and budgets
Review subcontractors pay applications for accuracy and contract compliance
Verify lien waivers, insurance certificates, and compliance documentation
Track and manage subcontractor retainage and releases
Coordinate closely with Project Managers to resolve billing and cost issues
Support monthly and year-end financial close related to construction projects
Prepare job cost reports for internal management, lenders, and ownership groups
Assist with project closeout and final billings
Support audits, lender reviews, and third-party reporting
Maintain monthly credit card coding and review
Fleet Management of construction vehicles
Work closely with Project Managers, Estimators, Development, and Operations teams
Support cash flow forecasting and long-term project planning
Ensure compliance with contracts, lender requirements, and HME Construction accounting policies
Maintain organized and accurate financial records
Support the Director of Accounting and various other departments as needed
May include assistance with year-end financial review, development proformas, company KPI calculations, AP & AR support, etc.