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Turner Construction Company · 6 days ago

Cost Accountant

Lexington, KY

Full-time

Hybrid

Mid Level

$72K/yr - $100K/yr

3+ years exp

Turner Construction Company is an industry leading commercial construction general contractor with a 120-year history. They are seeking a Cost Accountant to provide comprehensive financial administration, perform accounting and cost analysis, and offer fiscal management and cost guidance for assigned projects to ensure compliance with company policies and procedures.

Building MaterialConstruction

H1B Sponsor Likely

Responsibilities

Provide financial analytical support that drive strategic outcomes for assigned projects (project size may vary and may have multiple project assignments) and implement financial procedures, including complex contract types and joint ventures

Partner with Operations team to review project budgets accurately and properly reflects risk and potential enhancements in line with owner contract and Turner policies and procedures

Communicate and escalate project risks to project senior leadership and supervisors

Understand client contractual requirements, monitor billing and accounts receivables as appropriate, and address or escalate issues

Implement and maintain financial internal control safeguards for assigned projects

Laise with and provide guidance to project Operations and Turner Shared Services (TSS) teams to maximize accounting support including establishing structures for Project Financial launch during project setup, manage Accounts Payables (AP) for vendors’ and subcontractors’ invoice processing (as appropriate) and aligned with proper sales and use tax reporting requirements, and oversee month-end close processes and/or post or accrue client bills and project costs as appropriate

Monitor and understand project cash position, assess project financial risks, and work with project senior leadership and team to implement strategies to mitigate risks and enhance profitability

Oversee project assets and rentals for proper insurance documentation in collaboration with project team

Prepare financial analyses, informational reports, and special analysis to validate financial outcomes of assigned projects

Accumulate, audit, and correlate information to produce required cost reports, including Budget Analysis Reports (BARs) and Cost-Audited BARs (CABs)

Analyze project forecasts and re-forecasted projections to confirm accuracy and compliance with contract terms

Support project financial closeout to secure final contract amounts and meet closeout documentation requirements

Participate and support with internal and external audit requests

Attend and participate in on-site meetings, Operations Review Meetings (ORMs), budget reviews, and forecasting sessions

Provide oversight of work and mentor junior accounting staff to develop skills and learn cost processes as applicable

Other activities, duties, and responsibilities as assigned

Qualification

Accounting principles (GAAP)Financial analysisSAPMicrosoft ExcelProject financial managementCash flow managementProfessional communicationAnalytic abilityOrganizational skillsProblem-solvingAdaptability

Required

Bachelor's degree from accredited degree program in Accounting, Finance, Engineering, Construction Management, or related field of study

Minimum of 3 years of related experience, with at least 1 year as project account, or equivalent combination of education, training, and experience

Thorough application of accounting principles (GAAP) and company policies

Professional written and verbal communication skills with ability to deliver and tailor communication to various organizational levels

Ability to educate others to identify risks and reinforce compliance with company financial practices and policies

Analytic ability to review and assess financial data, interpret trends, and recognize inconsistencies

Knowledgeable of cash flow and able to implement procedures to optimize profitability

Exercises independent judgment and discretion with ability to identify problems and initiate corrective action

Ability to manage competing activities, requests, and short-cycle deadlines

Applies innovation to offer and implement suggestions to improve overall operations

High degree of organizational skills with exceptional attention to detail

Self-motivated, adaptable, and flexible to operate with minimal direction in a complex and changing environment

Proficient with financial system applications (e.g., SAP, Textura) and Microsoft Office suite of applications with advanced MS Excel skills

Travel may be required

Company

Turner Construction Company

Glassdoor4.2

Turner is a provider of construction services committed to making a difference in the lives of people.

Founded in 1902

New York, New York, USA

10001+ employees

http://www.turnerconstruction.com

H1B Sponsorship

Turner Construction Company has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (71)

2024 (59)

2023 (44)

2022 (53)

2021 (47)

2020 (49)