Contracts and Financial Administrator - Electrical Construction
Listed on 2026-04-16
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Construction
Regulatory Compliance Specialist -
Finance & Banking
Regulatory Compliance Specialist
IES Commercial, Inc.
- DBA IES Electrical, located in Suffolk, Virginia, is seeking a full‑time Contracts and Financial Administrator – Electrical Construction.
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
- 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)
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.
BenefitsExceptional 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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