ACCOUNTING MANAGER

Role Overview

Responsible for planning, directing, implementing, administering, reporting and controlling the general accounting function. Establishes accounting policies and procedures in accordance with GAAP and SOX to ensure the integrity of all recorded transactions. Supervises selected accounting personnel.

DUTIES AND/OR RESPONSIBILITIES

• Supervise all general accounting and accounts payable functions, including preparation, validation, and verification of billings, cash disbursements, revenue, expense, inventory management and other financial transactions.
• Oversee construction-specific accounting activities, including job-costing, cost-code structure management, labor/equipment/material cost allocation, and project cost reconciliation.
• Prepare and analyze monthly Work-In-Progress (WIP) schedules, including percent-complete calculations, revenue recognition under ASC 606, cost-to-complete forecasting, and gross-margin analysis.
• Support operations, project managers, estimators, and field leadership by providing financial analysis, job-cost reviews, production reporting, and insights into project performance trends.
• Maintain current knowledge of applicable accounting requirements, ensuring compliance with SOX, SEC, GAAP, and all construction-specific accounting guidelines.
• Ensure general ledger accounts are properly maintained and reconciled, including retainage, subcontractor balances, equipment costing, and contract-related accounts.
• Review and validate project budgets, estimates, change orders, AIA pay applications, unit-price schedules, and subcontractor invoices for accuracy and compliance with contract terms.
• Provide research and accounting guidance to operations personnel regarding contract interpretation, cost tracking, revenue impacts, and compliance requirements.
• Supervise, train, mentor, and develop accounting personnel, ensuring strong performance, technical accuracy, and alignment with Knife River values.
• Lead financial review meetings with project teams, communicating risks, opportunities, job performance, and recommended corrective actions.
• Assist with special projects, financial analyses, system enhancements, process improvements, audits, and other strategic or operational initiatives as needed.
• Oversee equipment-costing processes, including depreciation, shop charges, internal equipment rental rates, and equipment utilization reporting.
• Perform other duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES

• Excellent written and verbal communication skills.
• Strong organizational skills.
• Knowledge of MS Office (Word, Excel, Outlook).
• Able to work independently and under time constraints.

MINIMUM REQUIREMENTS

• Bachelor’s degree in accounting or finance.
• Five years of related experience.
• Past supervisory experience.
• Strong analytical and financial skills.
• High ethical and moral standards.
• Excellent verbal, written and presentation skills.
• Ability to hold and maintain proper licensure and acceptable driving record.
• Ability to work flexible shifts, including overtime, possible nights and some Saturdays.

PREFERRED REQUIREMENTS

• CPA or equivalent certification preferred but not required.
• Experience with construction ERP systems (e.g., JD Edwards).
• Knowledge of construction compliance including certified payroll, Davis-Bacon, prevailing wage, lien waivers, retainage rules, and subcontractor compliance tracking.
• Experience working in a construction or manufacturing related industry.

Benefits

• Medical, Dental, & Vision Insurance
• Health Savings and Flexible Spending Accounts
• 401(k) with Company Match
• Profit Sharing
• Paid Time Off
• Paid Sick Time
• 8 Paid Holidays
• Company Paid Life and AD&D Insurance
• Employee Assistance Program
• Years of Service Recognition
• Voluntary Life Insurance for Employees, Spouses, and Dependents
• Critical Illness Plan
• Accident Coverage Plan
• Hospital Indemnity

Additional Information

Knife River is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, gender, gender identity, sexual orientation, national origin, disability, protected Veteran status or any other protected category under applicable state/federal laws. Subject to pre-employment drug testing and background checks. All applications are submitted online.