Accounting Manager for a US Construction Company

Position: Accounting Manager (Construction & Facilities Maintenance)
Job Class: Full-time (Remote)
Work Schedule: EST — New York business hours
Reports to: Company President (partners closely with the CFO)
Direct Reports: Staff Accountant; AP/AR Specialists

Summary

The Accounting Manager owns day‑to‑day accounting and finance operations and leads a small team in a high‑volume repair, maintenance, and construction environment. This role is heavy on reconciliations and US GAAP accrual accounting, with deep responsibility for construction‑specific practices including job costing, percentage‑of‑completion revenue recognition, and Work‑in‑Progress (WIP) management, specifically Costs in Excess of Billings (underbillings) and Billings in Excess of Costs (overbillings). You’ll drive month‑end close, prepare and analyze financial statements, ensure compliance with accounting standards, and continuously improve processes and controls.

Essential Functions

Full‑Cycle Accounting & Close

• Own month‑end, quarter‑end, and year‑end close; prepare and review journal entries (accruals, deferrals, revenue, payroll, inventory/parts, prepaid, fixed assets).
• Produce accurate and timely financial statements (P&L, Balance Sheet, Cash Flow) with variance analysis and commentary.
• Maintain the chart of accounts and cost codes; ensure consistent, accurate coding across a high volume of transactions.

Reconciliations

• Perform and review bank and credit card reconciliations (monthly and as needed), merchant/processor reconciliations, and daily cash application reviews.
• Reconcile all balance sheet accounts (AR, AP, inventory/parts, payroll liabilities, accrued expenses, prepaids, fixed assets, retained earnings).
• Tie‑out subledgers to the GL (AR aging, AP aging, WIP, inventory/parts), resolving discrepancies promptly.

Construction & Project Accounting

• Manage job setup, job costing, and budget‑to‑actual tracking for construction and high‑volume R&M/quick‑turn work orders.
• Prepare monthly WIP schedules, including Costs in Excess of Billings and Billings in Excess, with clear roll‑forwards and GL tie‑outs.
• Apply US GAAP revenue recognition for construction (e.g., percentage‑of‑completion) and service/maintenance revenue streams.
• Oversee progress billings, change orders, retainage, and closeout documentation.

AP/AR, Billing & Cash

• Oversee AP (3‑way match, approvals, vendor setup, terms optimization) and AR (invoicing cycles for high‑volume work orders, progress billings, cash application, unapplied cash resolution).
• Coordinate with Operations/Dispatch for timely billing of quick repairs and maintenance jobs; reduce billing cycle times and DSO.
• Maintain subcontractor compliance (W‑9/1099, COIs, lien waivers) and vendor master integrity.

Controls, Compliance & Audit

• Develop, implement, and maintain internal controls, accounting policies, and SOPs.
• Prepare audit‑ready workpapers