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Contracts and Financial Administrator - Electrical Construction

Job in Suffolk, Virginia, 23437, USA
Listing for: IES Electrical
Contract position
Listed on 2026-04-16
Job specializations:
  • Construction
    Regulatory Compliance Specialist
  • Finance & Banking
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

IES Commercial, Inc.

- DBA IES Electrical, located in Suffolk, Virginia, is seeking a full‑time Contracts and Financial Administrator – Electrical Construction.

Job Summary

This role ensures contractual compliance, maintains accurate documentation, and partners with project and accounting teams to drive cost control, billing accuracy, and risk mitigation.

Responsibilities
  • Drafts, reviews, and administers construction contracts, subcontracts, and purchase agreements
  • Ensures compliance with contract terms, conditions, and applicable regulations
  • Tracks and manages change orders, amendments, and contract modifications
  • Maintains organized, accurate and audit‑ready contract documentation
  • Monitors insurance certificates, bonds, and lien waivers for compliance requirements
  • Identifies potential contractual risks and develops practical, forward‑thinking solutions
  • Tracks project budgets, job costs, and financial performance
  • Reviews and processes progress billings and subcontractor pay applications
  • Partners with accounting to support accurate revenue recognition and financial reporting
  • Assists with audit preparation and maintains supporting documentation
  • Analyzes cost variances and provides actionable recommendations
  • Collaborates with project managers to optimize contract performance and financial outcomes
  • Supports cost forecasting and variance analysis
  • Tracks retention, draws, and compliance‑related documentation
  • Communicates effectively with clients, subcontractors, and vendors regarding contracts and payments
  • Adapts quickly to changing project needs in a fast‑paced, dynamic environment
Qualifications
  • Bachelor’s degree in Accounting, Finance, Business, Construction Management, or related field
  • 3+ years of construction contract administration experience
  • Strong understanding of construction accounting principles (percentage of completion, job costing, WIP reporting)
  • Experience with construction management and accounting software
  • Advanced proficiency in Microsoft Excel and Office Suite
  • Ability to manage multiple priorities and deadlines with accuracy
  • Analytical, solutions‑driven mindset with strong problem‑solving skills
  • Excellent written and verbal communication skills
  • High attention to detail and strong organizational skills
  • Desired: experience with AIA contract documents; knowledge of lien laws and construction compliance requirements; experience with OCIP/CCIP programs
  • Successfully pass all pre‑employment (post‑offer) screenings (background and MVR, and as applicable, drug testing)
Company Overview

IES Commercial, Inc. – DBA IES Electrical, a subsidiary of IES Holdings, Inc. (IES), is an equal‑opportunity/affirmative action employer. IES is traded on NASDAQ under the symbol IESC.

Benefits

Exceptional benefits including a 401(k) retirement plan with company discretionary match, flexible medical‑dental‑vision insurance, short‑term/long‑term disability insurance, basic life/AD&D insurance, paid holidays, and highly competitive pay in addition to paid‑time‑off.

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