Western Governors University

Construction & Development Accountant

Western Governors University$80K — $95K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • CPA, MAcc, or equivalent experience required by WGU policy.
  • 8+ years of accounting experience, with 3+ years in construction or project accounting.
  • Strong grasp of U.S. GAAP and internal controls related to construction accounting.
  • Familiarity with construction contracts and detailed payment documentation.
  • Advanced Excel and experience with ERP or construction management systems.

Responsibilities

  • Design and implement project accounting procedures and controls.
  • Review contractor pay applications for compliance with contracts.
  • Confirm lien waivers and investigate payment exceptions; recommend approvals.
  • Record, reconcile, and manage project costs and month-end close activities.
  • Maintain construction-in-progress records and support asset capitalization.
  • Reconcile actuals to financial forecasts, addressing variances and quality issues.
  • Support compliance through audit-ready documentation and functional guidance.

Benefits

  • Comprehensive health insurance including medical, dental, and vision.
  • Flexible paid time off and sick leave with no accrual needed.
  • 11 paid holidays and parental leave of up to 12 weeks.
  • Retirement savings plan with flexibility for financial security.
  • Discounted tuition for WGU courses and wellbeing program resources.
Full Job Description
Job Description

The Lead Accountant, Real Estate Development is the accounting and financial-controls lead for WGU's large-scale construction and development program, including the new headquarters campus. This senior individual contributor owns construction draw accounting, project cost verification, reconciliations, close and capitalization support, control documentation, and audit readiness. The role partners with Development, Project Controls, Finance, Procurement, Treasury, Legal, contractors, architects, and external reviewers to protect the integrity of project financial records and payments.

Key Responsibilities
  • Design and operate project accounting procedures and controls, including project and cost-code setup, contract and commitment records, change-order controls, and documentation standards; lead related process, system, and reporting improvements.
  • Review contractor pay applications against contracts and approved schedules of values; validate work completed, retainage, prior payments, approved changes, cost coding, calculations, and supporting documentation.
  • Confirm required lien waivers or releases, certifications, and other payment conditions are complete; investigate exceptions and recommend draw or payment packages for approval under WGU's delegated-authority framework.
  • Record and reconcile project costs, commitments, accruals, accounts payable, and funding activity; coordinate accurate and timely month-end and year-end close.
  • Maintain construction-in-progress records and support capitalization, placed-in-service determinations, asset transfers, and related accounting in accordance with U.S. GAAP and WGU policy.
  • Reconcile accounting actuals and commitments to project-controls records and finance forecasts; identify and communicate variances, emerging exposures, and data-quality issues.
  • Support debt or bond draws, incentive and grant documentation, covenant reporting, audits, and other compliance requirements with complete, audit-ready records; provide functional guidance and coordinate external accounting or draw-review resources.


Qualifications

Required
  • CPA or MAcc, or equivalent relevant experience under WGU policy.
  • Eight or more years of progressive accounting, construction accounting, or project accounting experience, including at least three years supporting construction draws, pay applications, or complex capital projects.
  • Strong understanding of U.S. GAAP, construction-in-progress and fixed-asset accounting, month-end close, reconciliations, and internal controls.
  • Working knowledge of construction contracts, schedules of values, change orders, retainage, lien waivers, and payment documentation.
  • Advanced Excel skills and experience with ERP, project accounting, or construction-management systems; strong judgment, attention to detail, and stakeholder communication.
Preferred
  • Experience with owner-side accounting for large commercial, mixed-use, institutional, or corporate headquarters development.
  • Knowledge of AIA G702/G703 payment documents and construction lender or bond-draw requirements.
  • Experience with Workday or a comparable ERP and Procore, Kahua, e-Builder, or a comparable project platform.


Work Arrangement

This role works on-site at WGU's Salt Lake City, Utah headquarters. Relocation assistance is available to candidates who live more than 50 miles from Salt Lake City.

Travel

This position may require occasional travel of up to 20%, including required attendance at designated company summits (typically one to two per year). Additional travel may include conferences, visits to company locations, and other business-related events as needed. Additional travel may be assigned as needed to support business requirements

Position & Application Details

Full-Time Regular Positions (classified as regular and working 40 standard weekly hours): This is a full-time, regular position (classified for 40 standard weekly hours) that is eligible for bonuses; medical, dental, vision, telehealth and mental healthcare; health savings account and flexible spending account; basic and voluntary life insurance; disability coverage; accident, critical illness and hospital indemnity supplemental coverages; legal and identity theft coverage; retirement savings plan; wellbeing program; discounted WGU tuition; and flexible paid time off for rest and relaxation with no need for accrual, flexible paid sick time with no need for accrual, 11 paid holidays, and other paid leaves, including up to 12 weeks of parental leave.

How to Apply: If interested, an application will need to be submitted online. Internal WGU employees will need to apply through the internal job board in Workday.

Additional Information

Disclaimer: The job posting highlights the most critical responsibilities and requirements of the job. It's not all-inclusive.

Accommodations: Applicants with disabilities who require assistance or accommodation during the application or interview process should contact our Talent Acquisition team at [email protected].

About Western Governors University

Western Governors University (WGU) is a private, nonprofit online university based in Salt Lake City, Utah. The university was founded by 19 U.S. governors in 1997 with a mission to expand access to higher education. WGU offers undergraduate and graduate degree programs in business, information technology, education, and healthcare. The university is accredited by the Northwest Commission on Colleges and Universities and has been recognized by the White House as an example of excellence in education innovation. WGU has a competency-based learning model, which allows students to progress through their coursework at their own pace based on their mastery of the material.
Learn more about Western Governors University
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5,000 employees
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