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Turn2Partners

Cost Accountant

Turn2Partners, Reston, Virginia, United States, 22090

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Turn2Partners provided pay range This range is provided by Turn2Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range $70,000.00/yr - $80,000.00/yr

Managing Director of Recruiting, Finance & Accounting Search at Turn2Partners We are seeking a skilled Cost Accountant with experience in construction accounting and project cost management. This role supports financial operations by tracking job costs, managing AIA billing, and partnering with project teams to deliver accurate reporting. The ideal candidate understands both operational and financial aspects of construction projects.

Key Responsibilities

Monitor and maintain detailed job cost ledgers, coding labor, materials, subcontractor invoices, and change orders.

Prepare and submit AIA billing forms, progress billings, and retainage documentation based on contract terms.

Analyze budget versus actual costs, investigate variances, and provide financial insights to project and executive teams.

Assist with reviewing contract terms to ensure financial alignment, billing requirements, and documentation compliance.

Support month-end close through accruals, cost allocations, reconciliations, and revenue recognition on active jobs.

Collaborate with project managers and field staff to validate cost forecasts, change orders, and committed expenses.

Maintain documentation for audits, WIP schedules, job cost reporting, and third-party financial requests.

Recommend improvements to cost tracking systems, reporting tools, and billing processes to enhance efficiency.

Qualifications

2 to 5 years of accounting experience in construction or project-based industries.

Hands-on experience with AIA billing, WIP reporting, and job cost accounting.

Familiarity with construction accounting platforms such as Viewpoint, Sage, Procore, CMiC, or Foundation.

Seniority level Associate

Employment type Full-time

Job function Accounting/Auditing, Finance, and General Business

Industries Staffing and Recruiting and Construction

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