Cost Accountant

General Summary of Position:

The Cost Accountant is responsible for overseeing job costing, project budget tracking, and accounting support functions for a growing construction and prefabrication company. This role is responsible for maintaining accurate financial data related to projects, monitoring job profitability, supporting operational decision-making, and helping leadership maintain strong financial controls.

The ideal candidate has experience in construction accounting and job costing, understands project financial management, and can work closely with project managers, operations, purchasing, and leadership teams to improve budget accuracy and profitability

Essential Duties

• (Core Competencies):
• Job Cost & Project Budget Oversight:
• Maintain accurate job costing for all construction and prefabrication projects
• Track and analyze:
• Labor costs
• Material costs
• Subcontractor costs
• Equipment expenses
• Freight and shipping costs
• Overhead allocations
• Monitor projects budgets versus actual costs
• Assist in developing and maintain project budgets
• Work closely with project managers and operations teams to identify cost overruns and budget concerns
• Review purchase orders and vendor commitments against project budgets
• Assist with monthly project financial reviews
• Support forecasting of projects margins and cash flow needs
• WIP Reporting & Financial Analysis:
• Prepare and maintain accurate Work In Progress (WIP) schedules
• Track percentage-of-completion reporting and project revenue recognition
• Assist leadership in evaluating:
• Cost-to-complete estimates
• Earned revenue
• Underbillings and overbillings
• Estimated final project margins
• Generate weekly and monthly project financial reports for management review
• Provide analysis on project performance trends and cost drivers
• Develop reporting tools and dashboards to improve operational visibility
• Assist with forecasting company backlog, cash flow, and project profitability
• Budgeting & Operational Support
• Participate in project startup meetings to establish financial tracking requirements
• Assist estimating and project management teams with budget setup and cost planning
• Review change orders and assist with tracking approved and pending changes
• Coordinate with purchasing and operations to verify pricing and material cost accuracy
• Assist in evaluating vendor pricing, material usage, and purchasing trends
• Support inventory and material tracking procedures within fabrication and warehouse operations
• Help establish operational controls to improve project efficiency and accountability
• Accounting & Financial Support:
• Assist with month-end and year-end close processes
• Reconcile job cost reports to general ledger activity
• Support accounts payable and accounts receivable processes related to project accounting
• Assist with payroll allocation and labor costing
• Maintain accurate cost coding and project financial records
• Support sales tax and multi-state construction reporting requirements and filings
• Assist external CPA firms and auditors with financial documentation and tax filings
• Assist with licensing for projects
• Help maintain accounting procedures and internal controls
• Assist in monthly forecasting and projections
• Complete prequalification’s for jobs as needed
• Operational & Process Improvement:

Manage and provide the monthly status on the bad-debt write-off process and provide recommendations for reserve accruals.

Manage and provide monthly status reports on the release of bonds, liens, and all other related processes pertaining to cash and contract receivables.

Manage the job status from active, to inactive, to closed, and issue status reports monthly.

• Help improve job cost tracking systems and reporting accuracy
• Assist leadership with financial analysis and operational reporting
• Develop and maintain project cost tracking tools and dashboards
• Improve documentation and purchasing controls
• Work collaboratively with:

Project managementPurchasingEstimatingOperationsExecutive leadershipSystems, Process Improvement & Leadership Support:

Assist with implementation and improvement of ERP/accounting systemsHelp improve:

• Job cost accuracy
• Reporting efficiency
• Purchasing controls
• Financial workflows
• Inventory controls
• Documentation standards
• Develop standardized financial reporting procedures across departments
• Train project managers and staff on job cost procedures and financial reporting expectations
• Support executive leadership with special projects, financial analysis, and operational initiatives
• Participate in management meetings and project review discussions as needed
• Purchasing & Inventory Management
• Assist with materials, tools, equipment, and physical inventories, and cycle count as needed.

Learn, understand, and support inventory management procedures and accounting.

Other Duties As Needed:

Assist with records retention maintenance.

Provide payables and capital data for audits (insurance, state, internal).

Follow up on vendor inquiries from vendors and/or employees.

Establish new state/local reporting requirements, as necessary (includes online setup, maintaining a log of account numbers, filing requirements, and deadlines).

Follow standard operating procedures to ensure employees can complete tasks successfully.

Backup payroll timecard processing, as needed.

Backup billing functions and accounts payable functions, as needed.

Backup purchasing functions, as needed.

Backup project management assistant functions for payables, as needed.

Assist/provide expertise in setting up Excel files for various departments throughout the company.

Provide training to other employees pertaining to Foundation, Excel, and other useful reporting tools to improve business knowledge.

Supervisory/Management

Requirements

• N/A

Qualifications

• To be successful in this role, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed below represent the knowledge, skills, and/or abilities required.
• Reasonable accommodations may be arranged to enable individuals with disabilities to perform the essential functions.

Preferred Experience

Bachelor’s degree in Accounting, Finance or related field preferred3–7 years of accounting or job cost experienceConstruction Accounting Experience Strongly

Preferred

Strong understanding of:

Job costingConstruction financial reportingWIP schedulesBudget trackingCost analysisExperience with accounting or ERP systems such as:

• Sage
• FoundationQuickBooks Enterprise
• Acumatica
• Viewpoint
• Procore integrations
• Advanced Microsoft Excel skills
• Strong analytical, organizational, and communication skills
• Ability to work in a fast-paced construction environment
• Independent work/judgement.

Strong attention to detail.

Experience with Foundation accounting system is a plus.

Company Standards:

Represent the Company in a positive, professional manner with fellow employees and within the communities served.

Encourage and maintain teamwork throughout the company and communicate all pertinent information in a timely and effective manner.

Maintain our integrity by embracing high ethical standards and adhering to company policies.

Consistently demonstrate Klover’s shared values.

Klover

Benefits

• Medical Insurance
• Medical Gap Insurance
• Dental Insurance
• Vision Insurance
• Basic Life and AD&D Insurance
• Basic Short-Term Disability
• Voluntary Long-Term Disability
• Employee Assistance Program401KEmployee Referral Program
• The following PA Act 153 clearances, or proof of application of clearances, are required beginning employment and as a condition of continued employment: Pennsylvania Child Abuse History Clearance Pennsylvania State Police Criminal Record Check FBI Fingerprint Criminal Background Check Obtaining the required clearances is completed as part of the new hire process.
• Klover Contracting Inc. expressly prohibits any form of workplace harassment of any kind.
• Klover is committed to providing equal employment opportunities and employing an inclusive and diverse workforce.

Klover Contracting, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identify, veteran or disability status.

In addition to federal law requirements, Klover Contracting, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment.KLOVER 1121 RICHLAND KLOVER SCHEDULE MONDAY THROUGH FRIDAY 8AM TO