Accounting Manager Job at Renova One in Hyattsville

HR Generalist Focused on Recruiting | Building Relationships That Drive Great Hires Company Overview: Renova One unites 11 trusted companies under one brand, delivering seamless renovation and restoration solutions for multi-family, single-family, and commercial properties nationwide. With expertise in flooring, carpet cleaning, turnkey solutions, interior and exterior renovations, restoration, and design, we simplify projects while maintaining exceptional quality. Built on integrity, innovation, and strong partnerships, Renova One is more than a vendor—we’re a trusted partner committed to enriching spaces and creating lasting value. Position Summary: The Accounting Manager will oversee all accounting operations within the division, ensuring the integrity of financial reporting, compliance with GAAP, and adherence to company policies. The role involves managing the day-to-day accounting functions, financial reporting, cost analysis, and working closely with project managers and executives to ensure financial accuracy as it relates to construction projects and overall revenue. This individual will also help streamline accounting processes, improve internal controls, support ERP/financial system enhancements, and provide strategic financial insights to support business growth. Success in this role will be measured by timeliness and accuracy of financial reporting, quality of job cost tracking, team development, compliance with internal controls, and improvements in working capital efficiency. Responsibilities & Duties: Financial Reporting and Analysis: Prepare accurate and timely financial statements (P&L, balance sheet, cash flow) and management reports Oversee month-end and year-end closing processes Analyze project costs, profitability, and variances to ensure alignment with budgets and forecasts Cost Management for Projects: Review and monitor job cost reports, including labor, materials, equipment, and subcontractor costs Work with project managers to ensure accurate coding of job costs and timely billing Track and forecast project cash flows and assist in project budgeting and cost estimation Evaluate and report on project profitability, including cost overruns and risks Compliance & Internal Controls: Ensure compliance with GAAP, tax regulations, internal controls, and private equity sponsor reporting requirements Assist with internal and external audits and tax filings, providing necessary documentation and reports Staff Supervision & Development: Lead and manage the operational accounting team; provide guidance, training, and performance evaluations Foster a collaborative work environment, encouraging staff development in accounting and construction finance. Develop and implement staff workflows and best practices to improve team efficiency and accuracy General Accounting Functions: Oversee accounts payable, accounts receivable, and payroll functions Manage bank reconciliations, cash management, and financing arrangements Review and approve invoices, purchase orders, and contracts for financial accuracy Budgeting & Forecasting: Assist in the preparation of annual budgets and periodic forecasts for both operations and projects Monitor and report financial performance against budgets and forecasts, providing actionable insights Collaboration with Operations: Work closely with project managers and departmental heads to ensure timely financial information flow Assist with contract negotiations and pricing strategies for new and ongoing projects Identify and implement process improvements to increase efficiency, reduce costs, or improve project reporting Stay current with industry trends, accounting technology, and best practices in construction accounting Qualifications: Bachelor’s degree in Accounting, Finance, or related field; CPA or CMA strongly preferred 5+ years of progressive accounting experience, including 1+ years in a supervisory/managerial role Strong knowledge of construction accounting, including job costing, WIP reporting, and contract billing Experience managing a general ledger within a private company environment Public accounting experience is a plus but not required Experience with ERP/financial system implementations or enhancements Proficiency with construction management and accounting software (e.g., QuickBooks, Sage Intacct, RFMS, or similar) Advanced Excel and financial modeling skills Ability to communicate complex financial data to non-financial stakeholders Strong leadership, team management, and interpersonal skills Proactive, solution-oriented mindset with strong organizational skills and attention to detail Ability to manage multiple priorities under tight deadlines Other: This is a full-time position with standard office hours; flexibility may be required to meet project deadlines. The role is primarily office-based, with occasional remote work options. Some travel to job sites or other divisions may be required. All offers of employment are contingent upon a drug panel and a background check Valid Driver’s License is required Your information will be kept confidential according to EEO guidelines Base pay range $125,000.00/yr - $140,000.00/yr Seniority level Mid‑Senior level Employment type Full-time Job function Accounting/Auditing, Finance, and Management Construction #J-18808-Ljbffr