Cost Accountant II – Operational Finance - Cleveland

Turner Construction Company•Cleveland, OH

2d•$74,000 - $115,000

About The Position

Provide comprehensive financial administration, accounting and cost analysis, and fiscal management and cost guidance for assigned projects to support compliance with company policies and procedures. Projects may vary in size and may include multiple assignments and complex contract types or joint ventures. The role partners with Operations and Turner Shared Services teams, supports project financial setup and administration, monitors financial performance and risk, and assists with project closeout and audits. The position may require travel and work at construction sites as well as in an office or remote setting.

Requirements

Bachelor’s degree from an accredited program in Accounting, Finance, Engineering, Construction Management, or a related field, and at least 3 years of related experience, including at least 1 year as a project accountant; or an equivalent combination of education, training, and experience.
Thorough application of accounting principles (GAAP) and company policies.
Professional written and verbal communication skills, including the ability to tailor communications to different organizational levels.
Ability to educate others to identify risks and reinforce compliance with financial practices and policies.
Analytical ability to review and assess financial data, interpret trends, and recognize inconsistencies.
Knowledge of cash flow and ability to implement procedures to optimize profitability.
Independent judgment and discretion, including the ability to identify problems and initiate corrective action.
Ability to manage competing activities, requests, and short-cycle deadlines.
Ability to offer and implement suggestions to improve operations.
Strong organizational skills and exceptional attention to detail.
Self-motivated, adaptable, and flexible, with the ability to work with minimal direction in a complex and changing environment.
Proficiency with financial system applications such as SAP and Textura and Microsoft Office applications, including advanced Excel skills.
Travel may be required.

Responsibilities

Provide financial analytical support for assigned projects and implement financial procedures, including for complex contract types and joint ventures.
Partner with Operations to review project budgets for accuracy and alignment with owner contracts and company policies, including consideration of risks and potential enhancements.
Communicate and escalate project risks to senior project leadership and supervisors.
Understand client contractual requirements, monitor billing and accounts receivable, and address or escalate issues.
Implement and maintain internal financial controls for assigned projects.
Guide Operations and Turner Shared Services teams on accounting support, project financial setup, vendor and subcontractor invoice processing, sales and use tax reporting, and month-end close activities, including posting or accruing client bills and project costs as appropriate.
Monitor project cash position, assess financial risks, and work with project leadership to mitigate risks and enhance profitability.
Oversee project assets and rentals to ensure proper insurance documentation in collaboration with the project team.
Prepare financial analyses, informational reports, and special analyses to validate project financial outcomes.
Compile, audit, and correlate information to produce cost reports, including Budget Analysis Reports and Cost-Audited BARs.
Analyze project forecasts and re-forecasted projections for accuracy and compliance with contract terms.
Support project financial closeout, including securing final contract amounts and meeting documentation requirements.
Participate in and support internal and external audit requests.
Attend and participate in on-site meetings, Operations Review Meetings, budget reviews, and forecasting sessions.
Oversee work and mentor junior accounting staff to develop their skills and understanding of cost processes, as applicable.
Perform other assigned activities, duties, and responsibilities.