Accounting Manager - Construction

Company Description

Forever On! From the start in 2008, T5 has been focused on supporting enterprise and hyperscale customers with customized data center solutions. Today, we remain dedicated to an unrivaled level of quality that extends across the lifecycle of the core data center ranging from customized turnkey development, facilities management and data center operations to customized construction needs worldwide!

The world’s biggest companies trust T5 with their data center operations.

At T5, our success is fueled by our team. With over 400 engineers, technicians and professional staff, we’re proud to foster an inclusive culture of excellence and progression that’s dedicated to serving our customers.

• Commitment to Diversity & Military Veterans
• Battle-Tested Leadership Experience
• 100% Data Center Focused
• Owner-Operator Mindset

Job Description

T5 Construction is seeking a highly experienced Construction Accounting Manager to lead and oversee all financial aspects of our construction operations. This role will be responsible for ensuring compliance with industry-specific accounting standards, optimizing financial processes, and providing strategic financial oversight to support operational efficiency. The ideal candidate will have extensive experience in construction accounting, financial leadership, and process improvement, with a deep understanding of percentage-of-completion (ASC 605-35), revenue recognition (ASC 606), job costing, retainage, and pay applications.

A successful candidate will have a minimum of 10 years of accounting experience, with at least 7 years in the construction industry, and a strong background in leading accounting teams. Proficiency in Coupa, NetSuite, and Procore is highly preferred.

Qualifications

Strategic Financial Leadership & Compliance

• Provide financial oversight and leadership, ensuring accuracy in financial reporting and compliance with GAAP, ASC 606, and ASC 605-35.
• Lead the month-end and year-end close processes, ensuring timely reconciliations, financial reporting, and tax compliance.
• Oversee audit preparation, ensuring adherence to internal controls, industry regulations, and external audit requirements.
• Develop and implement financial policies and procedures to enhance efficiency and ensure compliance with industry standards.
• Partner with executive leadership to provide financial insights, budgeting support, and strategic recommendations to optimize operational costs.

Project Accounting & Cost Management

• Manage day-to-day construction accounting activities, including accounts payable, accounts receivable, payroll, and general ledger transactions.
• Ensure accurate percentage-of-completion revenue recognition (ASC 606) and job costing for all construction projects.
• Oversee the tracking and reporting of retainage and pay applications, ensuring compliance with contract terms.
• Lead the financial management of subcontractor costs, direct expenses, and change orders, ensuring accurate job cost reporting.
• Monitor project profitability, cost variances, and financial risks, providing proactive recommendations for operational improvement.

Process Optimization & System Integration

• Drive continuous process improvements in construction accounting operations to improve accuracy, efficiency, and reporting capabilities.
• Oversee the integration of financial data across Coupa (procurement & expense management), NetSuite (financial reporting), and Procore (project-based job costing).
• Develop and maintain internal controls and financial procedures to safeguard company assets and ensure compliance.

Additional Information

KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES

• 10+ years of accounting experience, with at least 7+ years in construction accounting.
• 5+ years of leadership experience, managing accounting teams and financial operations in a construction environment.
• Education: Bachelor’s degree in Accounting required.
• Certification: Certified Public Accountant (CPA) required.
• Industry Knowledge: Strong expertise in construction accounting principles, job costing, revenue recognition, progress billing, and retainage management.
• Technical Expertise:
  • Advanced knowledge of ASC 606 (Revenue from Contracts with Customers) and ASC 605-35 (Construction-Type Contracts).
  • Proficiency in Coupa, NetSuite, and Procore preferred.
  • Strong skills in Microsoft Excel (pivot tables, VLOOKUPs, financial modeling).
• Audit & Compliance: Experience managing audits, ensuring compliance with GAAP, tax laws, and construction industry financial regulations.

PHYSICAL REQUIREMENTS

The physical demands described here are representative