Construction Accountant Job Description [Updated for 2025]

In an era of rapid infrastructural development, the role of construction accountants is more critical than ever.

As urban landscapes continue to evolve, the demand for skilled professionals who can handle, manage, and oversee the financial aspects of construction projects is on the rise.

But let’s delve deeper: What’s truly expected from a construction accountant?

Whether you are:

• A job seeker trying to understand the core responsibilities of this role,
• A hiring manager outlining the perfect candidate,
• Or simply fascinated by the financial side of the construction industry,

You’re in the right place.

Today, we present a customizable construction accountant job description template, designed for effortless posting on job boards or career sites.

Let’s dive right in.

Construction Accountant Duties and Responsibilities

Construction Accountants are responsible for managing the financial aspects of construction projects, from budgeting to invoicing.

They use their understanding of both accounting principles and the construction industry to ensure financial stability of construction projects.

The duties and responsibilities of a Construction Accountant may include:

• Creating and managing project budgets
• Processing invoices and tracking project expenses
• Working with project managers to evaluate financial progress and projections
• Performing cost analyses and preparing financial reports
• Ensuring compliance with financial regulations and guidelines in the construction industry
• Managing payroll for construction employees and contractors
• Conducting audits to ensure financial operations are accurate and efficient
• Tracking and reconciling project inventory
• Reviewing and approving payments to suppliers and contractors
• Collaborating with other departments to ensure all financial aspects of projects are on track

 

Construction Accountant Job Description Template

Job Brief

We are seeking a skilled Construction Accountant to join our team.

In this role, you will be responsible for managing the financial aspects of our construction projects.

This includes preparing financial reports, auditing financial documents and procedures, reconciling bank statements, and calculating tax payments and returns.

Our ideal candidate has a strong understanding of accounting principles, excellent mathematical skills, and the ability to handle multiple tasks simultaneously.

Ultimately, the role of the Construction Accountant is to ensure that our financial management is accurate and effective.

 

Responsibilities

• Manage all financial aspects of our construction projects
• Prepare financial statements and budgets
• Conduct audits of financial documents and procedures
• Reconcile bank statements
• Calculate tax payments and returns
• Monitor accounts payable and receivable
• Ensure compliance with state and federal regulations
• Collaborate with project managers and other staff
• Improve systems and procedures and initiate corrective actions
• Review and recommend modifications to accounting systems and procedures

 

Qualifications

• Proven work experience as a Construction Accountant or similar role
• Thorough knowledge of accounting procedures and principles
• Experience with accounting software
• Strong attention to detail and good analytical skills
• Excellent knowledge of tax payments and returns
• Ability to handle multiple tasks simultaneously
• BSc degree in Accounting, Finance or relevant field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Construction Accountant
• Work Environment: Office setting with some site visits. Some travel may be required for team meetings or client consultations.
• Reporting Structure: Reports to the Finance Manager or Chief Financial Officer.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $60,000 minimum to $90,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What does a Construction Accountant do?

Construction Accountants work within construction companies or for firms that specialize in construction accounting.

They may also operate as independent contractors.

Their main responsibilities include managing the financial aspects of construction projects, such as budgeting, cost accounting, and financial analysis.

They ensure all financial records are maintained accurately and in accordance with legal requirements.

They work closely with project managers to track and control project costs, prepare financial statements, and forecast financial outcomes.

They also manage the processing of invoices and payments to suppliers, subcontractors, and employees.

Construction Accountants are often tasked with the responsibility of conducting audits to ensure compliance with financial regulations and standards.

They may also be involved in risk assessment and management, seeking to identify, analyze and mitigate potential financial risks within a construction project.

Their role is vital for the smooth financial running of construction projects and the overall financial health of the construction company.

 

Construction Accountant Qualifications and Skills

A Construction Accountant must possess a mix of accounting expertise, industry specific knowledge and interpersonal skills to perform their job effectively, such as:

• Thorough understanding of accounting principles and financial reporting with focus on construction industry.
• Familiarity with construction accounting software such as QuickBooks or Sage.
• Excellent numerical skills and attention to detail to ensure accurate financial records.
• Experience in job costing and project accounting, tracking costs of materials, labor and overheads on a project-by-project basis.
• Interpersonal and communication skills to interact with project managers, suppliers, contractors and other stakeholders.
• Ability to interpret and analyze complex financial data and communicate the implications to non-financial staff.
• Knowledge of tax laws and regulations applicable to the construction industry.
• Proficiency in using spreadsheets and other accounting tools for financial analysis and reporting.
• Problem-solving skills to identify and resolve discrepancies in financial entries, documents, and reports.
• Strong organizational skills to manage multiple tasks, prioritize and meet deadlines.

 

Construction Accountant Experience Requirements

Entry-level candidates for Construction Accountant roles may have 1 to 2 years of experience in an accounting or finance position, possibly through an internship or part-time role in an accounting firm.

These professionals may also have gained experience through roles like Financial Analyst, Junior Accountant, or other finance-related positions.

Candidates with a Bachelor’s degree in accounting or a related field are often considered.

Additional certifications, such as Certified Public Accountant (CPA) or Certified Construction Industry Financial Professional (CCIFP), can also enhance a candidate’s prospects.

Candidates with more than 3 years of experience have likely developed their skills in accounting and financial analysis roles.

They may have also gained exposure to construction-specific accounting practices, such as job costing, contract accounting, change order management, and equipment depreciation.

Those with more than 5 years of experience in construction accounting may possess some leadership experience and could be ready for a senior or management position.

They are expected to have comprehensive knowledge about construction-specific accounting standards and practices, and the ability to oversee financial operations in a construction setting.

In addition, they may have experience with construction accounting software, like Sage 300 Construction and Real Estate or QuickBooks for Contractors, which can be a significant advantage.

 

Construction Accountant Education and Training Requirements

A Construction Accountant generally requires a bachelor’s degree in accounting or a related field.

The curriculum in these programs provides a foundation in financial accounting, cost accounting, taxation, auditing, and business law, all of which are essential skills in construction accounting.

Certification as a Certified Public Accountant (CPA) or Certified Management Accountant (CMA) is highly recommended and may be required for some positions.

These certifications demonstrate a high level of competence and dedication to the field.

Knowledge of construction accounting software, such as QuickBooks for Construction or Sage 300 Construction and Real Estate, may also be required or highly beneficial.

Some positions may require a master’s degree in accounting or business administration with a focus on accounting.

This advanced degree can provide a greater understanding of the strategic and managerial aspects of accounting in the construction industry.

Additional training in construction law, contract management, and project management can also be beneficial to fully understand the complexities of financial management within the construction industry.

Continuing education is important in this field to keep up with changes in tax law, accounting principles, and industry trends.

Many employers encourage ongoing professional development and may even require it.

 

Construction Accountant Salary Expectations

A Construction Accountant can expect to earn an average salary of $64,551 (USD) per year.

The actual salary can differ based on experience, level of education, location, and the size of the construction company.

 

Construction Accountant Job Description FAQs

What does a Construction Accountant do?

A Construction Accountant manages all the financial aspects of a construction project, including budgeting, cost accounting, and financial reporting.

They work closely with project managers to ensure the financial success of construction projects.

Key duties of a Construction Accountant include preparing and monitoring budgets, tracking project expenses, preparing financial reports, and ensuring compliance with tax regulations.

 

What qualifications does a Construction Accountant need?

A Construction Accountant typically needs a bachelor’s degree in accounting, finance, or a related field.

Some employers may prefer candidates with a Certified Public Accountant (CPA) designation or construction industry experience.

Familiarity with construction accounting software and a solid understanding of financial regulations and laws are often required.

 

What skills does a Construction Accountant need?

A Construction Accountant needs strong analytical and problem-solving skills to manage construction project finances effectively.

They should possess excellent attention to detail to track project costs accurately.

Interpersonal and communication skills are also crucial as they often collaborate with project managers, vendors, and other stakeholders.

A deep understanding of accounting principles, tax laws, and financial software is essential too.

 

What qualities make a good Construction Accountant?

A good Construction Accountant is proactive, detail-oriented, and able to work under pressure.

They need to have good organizational skills to manage multiple projects and deadlines simultaneously.

They also need to be trustworthy and maintain a high level of discretion when dealing with sensitive financial information.

A good Construction Accountant also stays updated with the latest accounting regulations and industry trends.

 

What should you look for in a Construction Accountant’s resume?

When reviewing a Construction Accountant’s resume, look for a bachelor’s degree in accounting or a related field and relevant work experience in the construction industry.

Any additional certifications, such as the CPA, are a bonus.

Check for experience with construction accounting software and project management.

Look for evidence of strong analytical, problem-solving, and communication skills.

Also, ensure they have a solid understanding of accounting principles and tax laws.

 

Conclusion

And there you have it.

Today, we’ve demystified what it really means to be a construction accountant.

Surprised?

It’s not just about number crunching.

It’s about building financial stability, one invoice at a time.

With our handy construction accountant job description template and real-world examples, you’re ready to lay the foundation.

But why halt the momentum?

Dig deeper with our job description generator. It’s your blueprint to precision-drafted listings or sharpening your resume to perfection.

Remember:

Every invoice processed is a brick in the wall of your company’s financial stronghold.

Let’s construct that future. Together.

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