Construction Accountant

Job Description

Role & responsibilities We are hiring an experienced Construction Accountant to join our company. In this role, you'll be responsible for managing the accounts of various construction projects by creating detailed budgets, overseeing supplier contracts, evaluating production costs, and verifying invoice statements. Preferred Candidate Profile: -Candidates with a CMA degree and experience in construction sites will be given preference. - Applicants with a bachelors degree in accounting, finance, or a related field are also encouraged to apply. - Certification in construction accounting is highly desirable. - A minimum of 3-7 years of experience as a Cost Accountant, Cost Analyst, Accountant or similar role in a Construction Site /Real Estate industry. - Strong understanding of construction cost accounting and related financial processes. - Familiarity with the construction industry is essential. -Excellent analytical skills with an attention to detail -Strong time management skills. Data Collection and Analysis: Gather financial data, including inventory purchases, labor costs, and other expenses. Analyze data to identify trends, inefficiencies, and areas for cost reduction. Use various tools and methods, such as spreadsheets, databases, and statistical software, to perform calculations, comparisons, and projections. Cost Estimation and Budgeting: Estimate production costs and track changes in regular costs (e.g., due to new products or processes). Compare actual expenses to budgets and identify variances. Prepare reports and presentations to communicate findings and recommendations to management. Cost Reduction and Optimization: Identify opportunities to reduce costs and improve efficiency. Develop and implement cost-saving measures. Monitor the effectiveness of cost-saving initiatives. Supporting Decision-Making: Provide data and analysis to support management decisions related to pricing, budgeting, and resource allocation. Collaborate with other departments to identify and address cost-related issues.