Top-Rated Junior Construction Accountant Resume Examples for Colorado

I worked on several projects where I tracked costs, analyzed variances, and prepared job cost reports. For example, on a large commercial building project, I identified a significant cost overrun in the electrical subcontract. Using data analysis, I discovered that the initial estimate did not account for the complexity of the wiring required. I presented my findings to the project manager, who negotiated a revised contract with the subcontractor, saving the company $20,000. This experience taught me the importance of accurate data and proactive communication.

To ensure accuracy when processing a high volume of invoices, I implement a multi-step verification process. First, I carefully review each invoice for accuracy, ensuring that the vendor, date, invoice number, and amount are correct. Next, I compare the invoice to the purchase order and receiving documents to verify that the goods or services were received and that the quantities and prices match. Finally, I ensure that the invoice is properly coded to the correct general ledger account and job cost code. I also use automated tools and software to help streamline the process and identify potential errors.

During month-end closing I was responsible for preparing journal entries, reconciling bank statements, and analyzing financial data. Sometime the task was to prepare the balance sheets and income statements for review by senior management. I worked to ensure all transactions were accurately recorded in the accounting system and that all accounts were reconciled in a timely manner. I also prepare variance analysis reports to identify any significant fluctuations in account balances.

I am proficient in QuickBooks and have experience with Sage 100 Contractor. In my previous role, I used QuickBooks to manage accounts payable and receivable, track project costs, and generate financial reports. I also used Sage 100 Contractor to manage job costing, track change orders, and generate progress billing reports. My familiarity with these systems allowed me to efficiently and accurately manage financial data and contribute to informed decision-making.

In my previous role, I discovered a discrepancy between the bank statement and the general ledger. After carefully reviewing the transactions, I identified that a large payment had been incorrectly recorded as a debit instead of a credit. I corrected the error in the general ledger and adjusted the bank reconciliation accordingly. I then implemented a new control procedure to prevent similar errors from occurring in the future. This experience taught me the importance of attention to detail and the need to implement effective controls to ensure the accuracy of financial records.

I stay up-to-date with changes in accounting standards and regulations by regularly reading industry publications, attending webinars and conferences, and participating in continuing professional education courses. I also subscribe to newsletters and alerts from professional organizations such as the AICPA and the Construction Financial Management Association (CFMA). By continuously learning and staying informed, I ensure that I am providing accurate and reliable financial information.

Revenue recognition in the construction industry often follows the percentage-of-completion method. This means that revenue is recognized as work progresses on a project, rather than only upon completion. To determine the percentage of completion, we compare the costs incurred to date with the total estimated costs of the project. This method requires careful monitoring of project costs and accurate forecasting of remaining costs. It's crucial for providing a realistic view of the company's financial performance throughout the project lifecycle.