Bachelor's Degree in Finance, Accounting, or a related field
Management experience in accounting
Experience in construction accounting
Strong analytical skills for financial reporting
Proficiency in GAAP and project accounting functions
Responsibilities
Oversee all Project Accounting functions and ensure compliance with GAAP
Review and budget overhead cost reports for business groups
Supervise and develop a team of Project Accountants
Conduct internal audits of cost reports, including site visits
Ensure timely and accurate submission of project P&Ls
Provide financial support for project bids and prequalifications
Analyze owner billings and manage revenue projections
Benefits
Comprehensive health insurance
Retirement savings plan
Professional development opportunities
Flexible work arrangements
Paid time off and holidays
Full Job Description
OVERVIEW
We are currently seeking an Accounting Manager for our Service Group located in Chicago, IL.
The Accounting Manager manages the project accounting for a business group and works closely with the Business Group Leaders and Program Managers for that business group. Individual must be well-versed in preparing and analyzing month-end financial reports, including cost reports, P&Ls and Report Cards.
RESPONSIBILITIES
Demonstrates high level understanding of all Project Accounting functions and GAAP.
Reviews and budgets overhead cost reports for the business group(s).
Supervises and manages a team of Project Accountants for the business group(s). Hires, trains and develops staff for the business group(s).
Performs internal audits of business group cost reports, which includes periodic travel out to groups' project sites.
Individual has a strong understanding of the Walsh monthly P&L process and ensures timely submittal of project P&Ls and reviews the P&Ls for accuracy.
Provides financial information and support for prequals and new project bids for the business group(s).
This position requires an in depth monthly analysis of the owner billings and ability to produce owner billings independently, when applicable, for the business group(s). Posts owner billings and ensures accurate Revenue projections on all business group cost reports.
Individual has a strong understanding of the company Report Card and WIP for their business group(s).
Monitors cash flow and communicates with the project staffs on tracking A/R and when the projects are paid.
Works closely with Program Manager and Business Group Leaders on budgeting and managing the financial risks and potentials for all of the business group's projects.
QUALIFICATIONS
Bachelor's Degree in Finance, Accounting, or business-related field
Must have management experience and experience in the construction accounting field
Salary Range Disclaimer
Please note that job titles may span more than one career level. The actual base pay is dependent upon many factors, including but not limited to: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role may also be eligible for a bonus and other benefits.
About Walsh Group
The Walsh Group is a construction company that provides general contracting, construction management, and design-build services. The company was founded in 1898 and is headquartered in Chicago, Illinois. Walsh Group has completed a variety of projects, including highways, bridges, airports, and water treatment plants. The company has a strong focus on safety and sustainability, and has received numerous awards for its work in these areas. Walsh Group is one of the largest construction companies in the United States, with operations in more than 20 states.