Accounting Manager

Description :

You will manage the following key functions :

• Accounting Policies & Procedures : Develop, maintain, and enforce accounting policies and procedures to ensure compliance with GAAP and government contract regulations (e.g., FAR, DFARS). Oversee the General Ledger (GL) and Chart of Accounts (COA), ensuring all transactions related to government contracts are accurately classified and appropriately aligned with the companys accounting structure.
• Revenue Recognition (ASC 606 & Government Contracts) : Lead the revenue recognition process for construction and debris removal contracts in accordance with ASC 606, ensuring accurate recognition of revenue based on project progress or contract terms. This includes managing the percentage-of-completion or completed contract methods for revenue recognition under both firm-fixed price and rate-based contracts.
• Work-in-Progress (WIP) & Percentage-of-Completion Accounting : Oversee and manage the preparation of WIP schedule, ensuring that project costs are accurately accumulated, and revenue is recognized properly. Regularly review WIP and percentage-of-completion estimates for all ongoing projects.
• Depreciation, Amortization & Accruals : Ensure accurate and timely recording of depreciation and amortization for fixed assets and proper treatment of accruals for ongoing government projects, including any subcontractor-related liabilities. Manage the fixed asset depreciation schedules and ensure appropriate accounting for project-related accruals.
• Payroll & Benefits Allocations : Oversee the accurate allocation of labor costs, including employee benefits, to specific government contracts in line with FAR, contract terms and billing requirements. Ensure proper posting of payroll entries related to labor costs for government contracts, including labor burdens and fringe benefits.
• Balance Sheet Reconciliations : Manage the reconciliation of balance sheet accounts related to construction and debris removal projects, ensuring accuracy in project-related job costs, unbilled receivables, and advance billings. Investigate and resolve any variances promptly.
• Month-End, Quarter-End & Year-End Close : Lead the month-end, quarter-end, and year-end close processes, ensuring timely and accurate financial reporting. Ensure proper period-end procedures are followed, including cutoff, accruals, and adjustments related to government contracts.
• Audit-Ready Documentation & Audit Coordination : Maintain and organize audit-ready documentation to ensure compliance with external and internal audits, including government audits. Coordinate and respond to inquiries from auditors regarding compliance with FAR, DFARS and other regulatory requirements. Ensure the timely submission of audit packages, cost reports, and other necessary documentation to federal, state, or local government auditors
• Financial Statements & GAAP Compliance : Prepare and review GAAP-compliant financial statements, ensuring proper presentation and disclosure of financial information. This includes preparing consolidated financial statements, balance sheets, income statements, and cash flow statements for the company and its projects.
• Sales & Use Tax Compliance (when applicable) : Ensure timely and accurate preparation of sales and use tax filings, collaborating with the tax team to ensure compliance with all local, state, and federal regulations. Stay up-to-date on relevant changes in tax legislation affecting the construction industry.
• Tax Advisor Coordination : Work closely with external tax advisors to ensure the accurate and compliant reporting of tax-related items, including any tax implications related to revenue recognition, project costs, and intercompany transactions.

Requirements : Qualifications

Skills & Expertise :

Preferred Qualifications :

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