QBO Construction Accounting Specialist – WIP & Job Costing
Ace CPAs · Pakistan
Job description
About the role
We are seeking a QBO Construction Accounting Specialist to own the monthly accounting cycle for U.S.-based construction clients. The role focuses on job costing, work‑in‑progress (WIP) schedules, percentage‑of‑completion revenue recognition, and accrual‑based financial reporting.
Key responsibilities
- Prepare and maintain monthly WIP schedules using the percentage‑of‑completion method, including cost‑to‑complete, earned revenue, and over/under‑billing calculations.
- Review project profitability reports, investigate anomalies, and ensure accurate gross profit by job.
- Assign costs correctly to jobs, resolve unassigned COGS, and maintain proper project tagging.
- Coordinate with client project managers to gather contract values, change orders, and status updates.
- Record monthly COGS accruals, post WIP adjustment entries, and execute full month‑end close activities (bank, AP/AR, balance‑sheet reconciliations, payroll review).
- Classify expenses between COGS and SG&A, and apply ASC 842 lease accounting where required.
- Produce monthly financial packages including P&L, balance sheet, and job‑level profitability reports.
Required profile
- Professional experience in construction industry accounting.
- Strong understanding of GAAP, percentage‑of‑completion revenue recognition, and accrual accounting.
- Ability to work independently with U.S. clients and communicate financial insights to non‑accounting stakeholders.
- Detail‑oriented mindset with a focus on accuracy and proactive issue identification.
Required skills
- QuickBooks Online (QBO)
- GAAP compliance
- ASC 842 lease accounting
- Construction job costing
- Percentage‑of‑completion accounting
- Accrual accounting
- Month‑end close procedures
- Bank reconciliation
- AP/AR reconciliation
- Payroll entry review
What we offer
- Remote full‑time contractor position.
- Competitive compensation (200K‑250K PKR) based on skill level.
- Growth opportunities within the accounting team.
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Published 3 weeks ago
Expires 1 month from now
19 views · 0 interested
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Ace CPAs
Pakistan