Construction Accounting Manager

Construction Accounting Manager

Department: Finance/Accounting
Reports to: Executive Leadership
Location: Columbus, Ohio
Company: Gibson Electrical LLC

Gibson Electrical LLC is seeking an experienced Construction Accounting Manager to oversee the company's accounting operations, construction job costing, financial reporting, and cash-flow management.

This is a hands-on construction finance position responsible for the accounting process from transaction entry through monthly financial reporting. The Construction Accounting Manager will ensure leadership and project managers receive timely, accurate, and actionable financial information.

A central responsibility of this position is maintaining the financial accuracy of every project. This includes job budgets, cost coding, committed costs, billings, change orders, cost-to-complete projections, margin analysis, and reconciliation of job-level reporting to the general ledger.

The Construction Accounting Manager will work closely with project managers, estimators, operations, executive leadership, and outside financial professionals to identify financial risks early, protect cash flow, and support company profitability.

The ideal candidate is a hands-on construction accounting professional with strong experience in job costing, work-in-progress reporting, AIA billing, retainage, cash-flow forecasting, and financial analysis.

This individual is highly organized, analytical, and comfortable taking ownership of the company's accounting processes. The successful candidate can identify inconsistencies, constructively challenge incomplete financial assumptions, and translate complex financial information into clear recommendations for project managers and company leadership.

• Own the financial integrity of the job-cost system for all active construction and service projects.
• Ensure labor, material, subcontractor, equipment, permits, burden, and other direct costs are posted to the correct job, phase, and cost code on a timely basis.
• Maintain and reconcile original budgets, approved budget revisions, committed costs, actual costs, billings, and forecasted costs at completion.
• Reconcile WIP schedules to the general ledger and financial statements.
• Coordinate monthly job-cost reviews with Project Managers and Operations to validate percent complete, estimated cost to complete, margin projections, billing status, and known project risks.
• Identify margin fade, cost overruns, unfavorable labor productivity, material variances, unposted liabilities, missing commitments, and other financial risks early and elevate corrective actions to leadership.
• Ensure approved change orders are incorporated into contract values, budgets, billing schedules, and job forecasts; separately track pending or unapproved change orders that create financial exposure.
• Reconcile estimated-versus-actual job performance and provide feedback to Estimating and Operations to improve future pricing, labor assumptions, material allowances, and overhead recovery.
• Own the accounting closeout of completed jobs, including final cost review, final billing, retainage tracking, lien-waiver documentation, and confirmation that all known costs have been captured.
• Establish and enforce job-cost coding standards so project financial data is consistent, understandable, and usable across Finance, Operations, and Estimating.

• Lead the monthly close process and ensure all required reconciliations, accruals, journal entries, job-cost adjustments, and financial schedules are completed accurately and on time.
• Prepare and analyze monthly, quarterly, and annual financial statements, including the Balance Sheet, Profit & Loss Statement, cash-flow reporting, accounts receivable aging, accounts payable aging, and supporting schedules.
• Prepare a concise monthly P&L narrative identifying material budget variances, gross-margin movement, overhead trends, unusual expenses, cash-flow concerns, and required management actions.
• Present monthly financial results to Executive Leadership no later than the 10th calendar day of the following month.
• Maintain balance-sheet integrity through timely reconciliation of bank accounts, credit cards, payroll liabilities, receivables, payables, loans, fixed assets, deposits, retainage, and other material accounts.
• Ensure accounting treatment is consistent with GAAP and coordinate accounting questions with the company CPA or external advisors when needed.

• Own the accounts receivable process, including customer invoicing, AIA/progress billing, retainage tracking, payment application, collection follow-up, and aging management.
• Ensure billing is supported by contract terms, approved change orders, schedule-of-values requirements, lien waivers, affidavits, and customer documentation.
• Maintain a disciplined collection process and expedite overdue…