Job Information
Forgen Senior Cost Accountant in Centennial, Colorado
About Us
Discover your future at Forgen!
At Forgen, we are committed to building a strong team of amazing people. When you join our team, you open the door to unlimited growth potential and the support of professionals across the country who want to see you succeed. Today, we excel in complex geotechnical and environmental construction services that restore and strengthen our natural surroundings to protect people, communities, and the environment for generations to come. With employees supporting meaningful projects across the United States and Canada, our impact on future generations is only getting started. Whether youre looking to jumpstart your career in the environmental construction industry or a seasoned professional looking to fill one of our open management positions, we invite you to discover your future with Forgen.
Location: Rocklin, CA; Centennial, CO; Houston, TX
Employment Type: Exempt, Regular, Full-Time
Manager Position: No
Reports To: Accounting Manager or designee
Travel: Up to 10%
Summary of Functions
A Senior Cost Accountant monitors the financial progress, computes operating fixed and variable costs (variance analysis) and compares such costs to budgets. This role is responsible for reporting periodic financial statements to key stakeholders and ensures that accounting procedures and systems are adequate and functional. This role is responsible for maintaining accurate cost data, analyzing project budgets, and ensuring effective cost controls across our construction projects. In addition, this role collaborates closely with project managers, vendors, and key finance teams to provide valuable insights that drive efficient project execution and informed decision-
Essential Duties and Responsibilities
Embrace Forgens Core Values in all aspects of the job.
Lead and oversee all aspects of cost accounting related to construction projects, including budgeting, tracking expenses, and analyzing cost variances.
Develop and maintain comprehensive project cost tracking systems to ensure accurate and up-to-date cost information.
Collaborate with project managers and site teams to analyze construction costs, identify cost-saving opportunities, and recommend strategies for improved financial performance.
Conduct regular audits of project costs to ensure accuracy and compliance with established procedures.
Monitor and manage project-related procurement activities to optimize supplier relationships and costs.
Prepare detailed financial reports, forecasts, and budgets pertaining to project costs and construction-related expenses.
Provide financial analysis and insights to support strategic decisions related to project bids, resource allocation, and cost control measures.
Participate in cross-functional initiatives, such as process improvements and technology implementations, to enhance cost accounting procedures.
Ensure compliance with relevant accounting standards, tax regulations, and internal controls within the construction context.
Mentor and guide junior members of the cost accounting team, fostering their professional growth and development.
Remain up-to-date on project values, cost (including labor and equipment hours) and schedule performance; all project deliverables, contract award and modifications, status of billed and unbilled revenues, and project forecasting.
Maintains a complete project file, an up-to-date estimate at completion (EAC), and is prepared to answer questions on the project status.
Be able to distinguish accounting requirements per contract and per contract type FFP, T&M, CPFF.
Maintain project files by including original as-bid budget, EAC, Statement of Work (SOWs), project closeout documentation, etc.
Ensure project labor setup is correctly coordinated with contracts, accounting, and human resources as necessary as well as communicating to the e ecuting Project Team the pertinent project information.
On-going review of project information for completeness as well as ensuring project deliverables are completed on a weekly schedule.
Monitor contract cost performance and address notification of funding limitations.
Remain knowledgeable of tracking Open AR and Unbilled Amounts for project, monitoring status of accounts receivables and being proactive to resolve