Job Information
Forgen Cost Accountant II in Centennial, Colorado
About Us
Discover your future at Forgen!
At Forgen, we are committed to building a strong team of amazing people. When you join our team, you open the door to unlimited growth potential and the support of professionals across the country who want to see you succeed. Today, we excel in complex geotechnical and environmental construction services that restore and strengthen our natural surroundings to protect people, communities, and the environment for generations to come. With employees supporting meaningful projects across the United States and Canada, our impact on future generations is only getting started. Whether youre looking to jumpstart your career in the environmental construction industry or a seasoned professional looking to fill one of our open management positions, we invite you to discover your future with Forgen.
Location: Centennial, CO
Employment Type: Exempt, Regular, Full-Time
Manager Position: No
Reports To: Accounting Manager or designee
Travel: Yes
Summary of Functions
A Cost Accountant II monitors the financial progress of a project, computes operating fixed and variable costs (variance analysis) and compares such costs to budgets. Comparing budget amounts to actual expenses is an accounting function that helps senior management adjust project costs while work is still in progress. A cost accountant typically reports periodic financial statements to the Accounting Manager and ensures that accounting procedures and systems are adequate and functional.
Essential Duties and Responsibilities
Embrace Forgens Core Values in all aspects of the job.
Remain up to date on project values, cost (including labor and equipment hours) and schedule performance; all project deliverables, contract award and modifications, status of billed and unbilled revenues, and project forecasting.
Maintains a complete project file, an up-to-date estimate at completion (EAC), and is prepared to answer questions on the project status.
Maintain project files to include original as-bid budget, EAC, Statement of Work (SOWs), project closeout documentation, etc.
Ensure project labor setup is correctly coordinated with contracts, accounting, and human resources as necessary as well as communicating to the executing Project Team the pertinent project information.
On-going review of project information for completeness as well as ensuring project deliverables are completed on a weekly schedule.
Monitor contract cost performance, address notification of funding limitations.
Remain knowledgeable of and tracking Open AR and Unbilled Amounts for project, monitoring status of accounts receivables and being proactive to resolve problems.
Analyze and interpret complex cost data to support strategic decision-making.
Develop and implement cost control processes and cost reduction initiatives.
Help lead the preparation of cost reports, budgets, and financial forecasts.
Perform in-depth cost variance analysis and provide actionable insights.
Collaborate with department heads to optimize cost allocation methods.
Lead month-end and year-end closing activities related to cost accounting.
Conduct detailed inventory valuations and reconcile discrepancies.
Mentor and train junior cost accountants within the team.
Providing invoice support as necessary.
Perform additional assignments as directed.
Experience/Education
BS in Business Administration (in related field) or equivalent experience.
Two to four years of Cost Accounting experience.
One plus years of experience with a Government Contractor preferred.
Performing various financial analysis such as reconciliations and variance analysis.
Business Nav experience a plus.
Valid Drivers License and ability to drive on behalf of company business.