Top-Rated Lead Construction Accountant Resume Examples for North Carolina

STAR Method: Situation: In my previous role at XYZ Construction, we used percentage-of-completion accounting for all long-term projects. Task: My task was to ensure accurate revenue recognition and cost allocation for these projects. Action: I implemented a robust system for tracking project costs, milestones, and estimated completion percentages. I also worked closely with project managers to gather accurate data. Result: This resulted in accurate financial reporting and improved project profitability analysis. I also have experience with the cost-to-cost method.

STAR Method: Situation: At ABC Builders, we had a large, multi-faceted project with numerous subcontractors and complex cost allocations. Task: My task was to ensure accurate job costing. Action: I implemented a detailed tracking system, categorized costs, and reconciled them regularly. I also held regular meetings with project managers to discuss cost variances and potential issues. Result: This resulted in accurate and timely job costing, allowing us to identify and address potential problems early on.

STAR Method: Situation: My previous employer used Sage 300 Construction and Real Estate. Task: My role required me to use the software daily for various tasks. Action: I used Sage 300 for job costing, financial reporting, budgeting, and forecasting. I also trained new employees on how to use the software effectively. Result: I became proficient in Sage 300 and helped the company streamline its accounting processes.

STAR Method: Situation: A subcontractor claimed we underpaid them for services rendered. Task: My task was to resolve the dispute fairly and efficiently. Action: I thoroughly reviewed the contract terms, invoices, and payment records. I then communicated with the subcontractor to understand their concerns. Result: After a thorough investigation, we identified a discrepancy and resolved the issue amicably, maintaining a positive relationship with the subcontractor.

STAR Method: Situation: Our company needed to create accurate project budgets and forecasts to manage resources effectively. Task: My task was to develop a robust budgeting and forecasting process. Action: I collaborated with project managers to gather detailed cost estimates, historical data, and market trends. I created a flexible budgeting model that allowed for adjustments based on changing project conditions. Result: Our budgets became more accurate, leading to better resource allocation and improved project profitability.

I actively participate in continuing professional education (CPE) courses and webinars focused on construction accounting. I also subscribe to industry publications and newsletters from organizations like the AICPA and CFMA. Furthermore, I regularly review updates from the FASB to ensure I am aware of any changes in accounting standards.

STAR Method: Situation: I discovered a potential accounting error that could have misrepresented the company's financial performance. Task: My task was to address the issue ethically and professionally. Action: I reported the error to my supervisor and worked with the audit team to investigate the matter thoroughly. Result: We corrected the error and implemented controls to prevent similar issues from occurring in the future. This ensured the integrity of our financial reporting.

I use a combination of techniques, including creating daily to-do lists, prioritizing tasks based on urgency and importance, and delegating tasks when appropriate. I also use project management software to track deadlines and progress. I know communication is key to success.