Cost Analyst / Cost Accountant in Anchorage Alaska

Full Time
Riverside, CA
Posted
Job description

PLEASE NOTE: THIS AD IS POSTED IN RIVERSIDE AREA BUT THE PHYSICAL JOB LOCATION IS IN ANCHORAGE ALASKA - THIS IS NOT A REMOTE POSITION. WE ARE POSTING IN ARIZONA LOOKING FOR AN APPLICANT THAT WOULD BE INTERESTED IN MOVING FULL TIME TO ANCHORAGE ALASKA. Titan, LLC is looking for a Cost Analyst/Accountant with three or more years of experience in a construction or engineering environment. This is not a remote position - this is an in person position in Anchorage, Alaska. There is some paid travel (approx. less than 10 times a year) used for training and educational purposes to learn processes and systems/software. The ideal candidate will have proven experience costing and analyzing a multitude of projects. We are looking for a focused candidate with strong attention to detail. Responsible for job cost accounting on winter and summer projects. Accurately records, analyzes, and develops reports of the day-to-day financial business transactions for the company. This individual may interact daily with Project Managers, Administrative, Accounting and Executive Management

Essential Job Duties during employment:

· Partners with Chief Operating Officer and Construction/Winter Operations Manager reviewing and interpreting financial results and productivity reports.

· Collaborates with management and financial teams to improve business decisions and financial plans.

· First analysis to be performed in Job Costing of projects and services.

· Secondary analysis of company accounting books including P&L and Balance Sheet

· Track and manage business costs, including organizations’ expenses, budgets, and supply chains.

· Prepare revenue recognition schedules using the percentage of completion method.

· Record recognized revenue along with associated billings and cost over estimated earnings in excess of billings.

· Prepare selected cash flow reports and variance reports both on scheduled intervals as well as on an as needed basis.

· Ensure all day-to-day project financial activity is properly recorded in the financial software

· Analyze employee time sheets/hours and compare to associated job/cost payroll.

· Collaborate with the project manager/team to develop detailed, cost-effective budgets for materials used for projects.

· Prepare journal entries reclassifying job costs based upon review with project managers.

· Analyzing all transactions, identifying, and working unforeseen costs into the budget.

· Assist in tracking progress of all subcontractors’ costs on projects and identifying variances

· Preparing cost analyses by interpreting projects' financial data and information.

· Reporting any financial risks and budgetary discrepancies to management for review.

· Review current process and implement process improvements.

· Document procedures, processes, and systems as they evolve for the department.

· Track and monitor active projects.

· Review A/P vouchers for accuracy and proper coding.

· Prepare balance sheet reconciliations.

· Prepare project ledger to general ledger reconciliations.

· Performing account reconciliations

  • Reconcile and review general ledger accounts monthly as assigned.
  • Prepare bank reconciliations.
  • Prepare journal entries.
  • Prepare financial statement analysis.
  • Prepare audit support workpapers.
  • Analyze and review with Project Manager(s) revenue recognition for firm fixed price contracts utilizing Work in Progress schedules/Estimates at Completion and reconcile unbilled receivables monthly.
  • Update project budgets and forecasts, and analyze actual to budget to forecast results, communicating directly with Project Manager(s) monthly.
  • Assist Project Manager(s) in managing contract gross profit and overhead costs to assure profitability.
  • Reconcile and update contract backlog monthly, communicating directly with Project Manager(s) monthly.
  • Review Project Summary Reports, unbilled reconciliation, and Work in Progress reports to assure all billings are being done timely.
  • Analyzing manufacturing operations, equipment availability and utilization
  • Determine cost standards for materials and labor.
  • Analyzing production costs and recommending changes
  • Training and supervising cost and inventory accounting/administrative staff as needed
  • Organizing data efficiently to ensure the accuracy of their information and reports.
  • Variance analysis between what things typically cost (standard cost) and what they actually cost.
  • Quantify what happens, why it happens, what will happen, and how the various department should respond to these outcomes.
  • Supports business recommendations by analyzing data and providing manager with insightful costing information.
  • Manage expenditures and look for cost-efficient solutions to inefficiency problems.
  • Improve product pricing or profits by solving cost inefficiencies.
  • Perform incidental tasks related to the position as well as various duties, as assigned, to support the overall objectives/goals of the team.

KNOWLEDGE, SKILLS, & ABILITIES

  • Strong research and problem-solving skills.
  • Ability to manage the workload on multiple projects while meeting tight deadlines.
  • Communicate effectively with fellow team members and members of other departments.
  • Strong verbal, written, analytical, and interpersonal skills.
  • Utilize established resources to complete work efficiently and effectively.
  • Flexibility and multi-organizing capabilities.
  • Ability to act and operate independently with minimal daily direction from manager.
  • Detail oriented and highly organized and able to follow and/or create a systematic method of performing a task.
  • Knowledge of construction cost accounting and related financial procedures.
  • Understanding of Generally Accepted Accounting Principles (GAAP)
  • Ability to independently make decisions.
  • Ability to perform all work in a safe manner that meets company standards.
  • Must be self-motivated and exercise self-initiative.
  • Performs work in a professional demeanor.
  • Demonstrated ability to lead others in a positive manner.
  • Ability to adapt to changing environments and work conditions.
  • General Ledger experience, experience with Accounts Receivable and Accounts Payable.
  • Advanced knowledge and skills in computerized accounting systems and knowledge of company-specific software. Proficiency in standard computer software, application programs and e-mail.
  • Ability to speak effectively before Management or employees of organization.
  • Ability to add, subtract, multiply, and divide using whole numbers, common fractions, and decimals.
  • Ability to compute rate, ratio, and percent and to draw and interpret bar graphs as needed.
  • Ability to visualize, articulate, and solve complex problems and concepts, and make decisions based on available information.
  • Ability to use judgment and discretion.
  • Ability to handle multiple files concurrently.
  • Ability to work with concentration, accuracy, and attention to detail.
  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to lift 25 pounds at times.
  • Able to travel within and out of state for training as needed.
  • Bachelor’s degree in Accounting, Finance or Business Administration preferred (substitution of 5-7 years of comparable work experience in Essential Job Duties will offset degree)
  • Construction Accounting or Similar certification preferred.
  • Minimum of 3 years of applicable experience in Essential Job Duties with degree
  • Must have working-level knowledge of the English language, including reading, writing, and speaking English.

Position receives two weeks paid vacation per year - 1 week earned every 6 months of consecutive employment.

Medical Insurance Stipend

Relocation allowance for out of state candidates.

Job Type: Full-time

Pay: $60,000.00 - $85,000.00 per year

Benefits:

  • Health insurance
  • Paid time off

Physical setting:

  • Office

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday
  • Overtime

Supplemental pay types:

  • Bonus pay

Ability to commute/relocate:

  • Riverside, CA: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Accounting: 3 years (Required)
  • Cost accounting: 1 year (Preferred)
  • ERP systems: 1 year (Preferred)

Work Location: One location

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